A property accountant takes care of the financial aspects of residential, industrial, or commercial properties. The duties for property accountant jobs will vary from company to company. However, this professional typically prepares income statements on a regular basis in addition to monthly financial reporting packages. Also, the property accountant is often responsible for the regular accounting for a portfolio of different properties. These property accountant positions also approve account payables, record monthly data and perform general ledger reconciliation.
Property Accountant Job Education Requirements
Most employers will expect a property accountant to have at least a bachelor's degree in accounting. If possible, one should obtain a master's degree in accounting or closely related field in order to be competitive. Taking additional courses to stay up to date is recommended. One should also hone their mathematical, interpersonal, organizational, problem-solving and listening skills in order to be the most effective property accountant.
Property Accountant Job Market
The job market for property accountants is looking good. In fact, property accountant positions are expected to see a growth of around 13 per cent in the coming decade, which is near the average for all other occupations in Canada. That includes other accountant jobs and financial jobs. Those who strive for a high level of education and work to foster their job experience will be placing themselves in the best position for a competitive job market.
Property Accountant Salary Information
A property accountant can expect to make a median wage of around C$29.00 per hour in Canada. Those who earn on the low side, which is oftentimes those who are working in entry-level property accountant jobs, earn around C$17.00 per hour, while those who have master's degree and a high level of experience can earn on the high side of around C$51.44 per hour. While those figures are averages for Canada as a whole, they can vary by province.