Verified Job
Real Estate
Property Accounting Associate
Real Estate
#687574
Remote / WFH
Job Description
Menkes Developments Ltd. is an award-winning, fully integrated real estate company involved in the construction, ownership and management of office, industrial, retail and residential properties. Founded in 1954, the company is one of the largest private developers in Canada, with a primary focus in the Greater Toronto Area. Menkes is known for its innovative, multi-disciplinary approach, superior design, and expertise in large-scale mixed-used developments. The Company is regarded as one of the most trusted builders in Toronto, with a strong reputation for quality and customer service excellence. Past projects include the Four Seasons Hotel & Residences in Bloor-Yorkville, 25 York Street (Telus Harbour), One York Street, the two (2) million square foot Harbour Plaza/One York commercial retail complex located in the South Core Financial District and Sugar Wharf Residences. For more information about Menkes, please visit menkes.com and follow @MenkesLife.
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
Accountabilities
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.
Educational Background
Completion of a post-secondary diploma or degree.
Designations
Working towards an Accounting designation is an asset.
Prior Experience
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).
Competencies
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.
The deadline to apply is 11:59 p.m. on April 16th, 2026.
We thank everyone for applying, however only those individuals selected for a telephone screening will be contacted.
Note: The Company does not currently use AI (Artificial Intelligence) to screen applicants.
Job Types: Full-time, Permanent
Pay: $50,000.00-$55,000.00 per year
Benefits:
Company events
Dental care
Disability insurance
Employee assistance program
Extended health care
Life insurance
On-site parking
Paid time off
Vision care
Work Location: In person
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
Accountabilities
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.
Educational Background
Completion of a post-secondary diploma or degree.
Designations
Working towards an Accounting designation is an asset.
Prior Experience
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).
Competencies
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.
The deadline to apply is 11:59 p.m. on April 16th, 2026.
We thank everyone for applying, however only those individuals selected for a telephone screening will be contacted.
Note: The Company does not currently use AI (Artificial Intelligence) to screen applicants.
Job Types: Full-time, Permanent
Pay: $50,000.00-$55,000.00 per year
Benefits:
Company events
Dental care
Disability insurance
Employee assistance program
Extended health care
Life insurance
On-site parking
Paid time off
Vision care
Work Location: In person
