Property Accounting Associate

About the Position

Posted In: Accounting & Finance

About The Job

We are seeking a Property Accounting Associate to join our team. This role supports the property management teams of the Menkes Rentals Management division, focusing on generating accurate and timely reporting for an assigned portfolio of rental units.

This is an in-person role that will be based at our Head Office in North York.

Job Details: Permanent, Full-time, Salaried

Compensation: Annual base salary in the range of $50,000 to $55,000.

Benefits: Permanent employees are eligible for participation in the Company’s Group Benefits Plan, HCSA and Retirement Plan.

Note to candidates: The deadline to apply is 11:59 p.m. on May 8th, 2026.

We thank everyone for applying, however only those individuals selected for a telephone screening will be contacted.

The Company does not currently use AI (Artificial Intelligence) to screen applicants.

Responsibilities

  • Prepare and generate monthly financial reporting packages for assigned properties and entities.
  • Book month-end accruals and reconcile balance sheet accounts, e.g. Prepaids.
  • Validate and upload monthly G/L activity for assigned properties into JDE.
  • Process chargebacks and management fee payouts.
  • Record monthly property management fees for all individual residential units under management.
  • Assist in preparing monthly owner distribution reporting, adjusting for future cash requirements as needed, for review and approval by Senior Management.
  • Assist with calculating monthly withholding taxes for non-resident owners and ensuring required documentation is obtained and on file.
  • Work closely with the A/P & A/R Representative to ensure transactions are recorded accurately and payments are processed with required backup and on-time.
  • Perform A/P and A/R functions in the ERP system including EFT transfers to owners (management, leasebacks, family units).
  • Support the A/P & A/R Representative in identifying and notifying Property Management of NSF charges and posting fees.
  • Account for leaseback programs in effect, when applicable, reporting on the results of the program to Senior Management and invoice/remit payment to the developer on a monthly basis.

Qualifications

  • Completion of a post-secondary diploma or degree.
  • Working towards an Accounting designation is an asset.
  • 3+ years of experience in the property management accounting field.
  • Preference will be given to those candidates with hands-on experience working with JDE.
  • Strong working knowledge of Microsoft products (MS Word and Excel).
  • Ability to communicate clearly and concisely both in writing and verbally.
  • Superior interpersonal and customer service skills.
  • Strong working knowledge of Microsoft products (MS Word and Excel).
  • Demonstrated ability to work effectively in a deadline-driven environment.

Apply

We offer a competitive compensation package and the opportunity to work with an industry leader!

To apply, please forward your resume to employment@menkes.com and in the subject line please include the name of the position and quote Ref #5068.

We thank all applicants for considering Menkes Developments Ltd. as an Employer of Choice, however only those individuals selected for an interview will be contacted.