Senior Staff Accountant

Tricon Residential is an owner and operator of a growing portfolio of more than 38,000 single-family rental homes in the U.S. Sun Belt and multi-family apartments in Canada. Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon’s culture and business philosophy. We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams. Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life’s potential. For more information, visit Tricon Residential. 

Job Description

The successful candidate will be responsible for day-to-day accounting for property and developmental related transactions, relating to single family rental communities (SFRC). The duties of this position will play a critical role in supporting growth through collaborating with cross-functional teams, demonstrating strong financial acumen, effective communication skills, and the ability to adapt in a dynamic environment.

• Perform accurate and timely monthly, quarterly, and year-end close transactions
• Prepare journal entries, including prepaid amortization, other direct expenses, reclassifications, and monthly accruals
• Assist with audit requests, including general audit inquiries, preparation of schedules/reports, testing of internal controls
• Analyze property-related transactions to ensure accuracy, completeness, compliance, and reasonableness
• Assist with system and process improvements to enhance financial reporting and accounting efficiency
• Develop and maintain standard operating procedures and training documentation
• Support management with special research projects and presentations, as required
• Prepare Monthly balance sheet reconciliations, bank account reconciliations, and schedules for proper amortization, accruals, and true ups
• Participate in research of accounting transactions and financial reporting such as budget-to-actual, month-over-month variance analysis, and reporting to partners
• Reconcile monthly construction costs to ensure alignment with project budgets.
• Allocate development costs upon the delivery of homes to ensure accurate financial reporting and project cost tracking.
• Record the acquisition of completed homes and ensure accurate financial documentation.
• Manage and record all cash activities related to funding, including sweeps and waterfalls.
• Coordinate development funding with the funds team, general contractors, and lenders to ensure smooth financial operations.
• Monitor bank balances on a weekly basis and ensure sufficient funds are available for check runs.
• Prepare and process wire transfers to general contractors and other recipients as required throughout the month.

Qualifications:

• Ability to work in a fast-paced, dynamic environment with strict reporting deadlines
• Having a sense of urgency doing what needs to be done immediately, without being asked and in the most thorough way possible
• Excellent business acumen and communication skills required
• Exceptional research, analytical, and critical thinking skills
• Strong attention to detail and well organized
• Dependable and highly motivated with a strong work ethic
• Strong written and verbal communications skills required
• Strong research, analytical, and problem-solving skills
• Willingness to learn

Minimum Requirements:

• Thorough knowledge of generally accepted accounting principles and international financial reporting standards
• 3+ years property management/real estate experience
• Bachelor’s Degree in Accounting or Finance
• Knowledge of Yardi would be a plus
• CPA designation would be a plus
• Advanced knowledge of Excel; proficient in other Microsoft Office programs

#LI-Hybrid

At Tricon, we are committed to creating a workplace where every individual is valued for their unique contributions, experiences, voices, and backgrounds. By embracing these principles, we aim to positively impact our business and the communities we serve, creating a lasting legacy where everyone can thrive.

Salary Range

Placement within this compensation range will be determined by the candidate's knowledge, experience and skills.

$83,920.00 - $139,860.00