Careers • Vancouver, BCAccounting

Residential Rental Property Management Accountant

Established 30 years ago, Westbank is private real estate development practice, headquartered in Vancouver, Canada. We are dedicated to the creation of inspiring, mixed-use projects, concentrating primarily in our core cities of focus: Vancouver, Toronto, Seattle, Tokyo and San Jose. Our body of work includes residential, hotels, retail, creative workspace, district energy, net zero carbon initiatives, affordable housing, exhibitions and public art, with over $50B of projects completed or under development. As our practice has evolved, we have assembled a collection of cultural enterprises including restaurants, gyms, spas, music venues, private member clubs, fashion, dance schools and food halls, known as the Westbank Ecosystem, which we weave throughout our projects. We bring this ecosystem to life through collaborations with some of the most talented artists, architects, designers and entrepreneurs in the world.
Westbank is seeking an energetic self-starter to perform the accounting requirements for our residential rental portfolio. The candidate should be capable of efficiently processing the monthly tenant portfolio, managing cash flow requirements and projections and prepare monthly financial statements for review by management. Westbank expects our residential rental portfolio to increase rapidly over the next five years as we complete construction of a number of residential rental towers in Vancouver and Toronto. As a result, we are seeking a candidate that will be able to adapt to continuing change and improvements to our Yardi Voyager accounting system to reflect the increased importance of the residential rental operations.

Job Duties & Responsibilities:
o Prepare and maintain monthly financial statements, supporting working papers and all ongoing activities (receipts, disbursements) for a portfolio of residential rental buildings
o Review residential lease contract and work with A/R accountant to manage move in/move out accounting process
o Manage cash flow requirements, projecting monthly cash balances, receipts and disbursements
o Assist property managers in preparation of annual budgets
o Provide monthly budget to actual variance analysis
o Review accuracy of accounts payable coding

Policies and Procedures
o Evaluate existing systems and procedures, providing recommendations for improvement
o Working with property managers and supervisors to assist in implementing recommended changes to the policies and procedures

Technical Support and Other
o Work closely with property managers to maintain an accurate, efficient accounting presentation of the operational activities
o Understand the current Residential Tenancy Board rules and regulation
o Administrative duties including photocopying, filing, preparing, organizing and maintaining accounting/contract records

• Experience in real estate property management accounting (3-4 years), primarily in residential rental, with a secondary knowledge of commercial/retail property management accounting
• CPA designated
• Strong verbal and written communication skills
• Advanced computer skills as well as proficiency in the Microsoft Office suite
• Strong organizational skills, ability to adapt to multiple demands, set priorities and achieve results on a timely basis
• Analytical thinker and ability to readily grasp new concepts and adapt to a fast paced, ever-changing environment
• Experience using Yardi Voyager accounting system