About this role
Accounting Technician
*REVEL Realty Inc., Brokerage*
REVEL Realty Inc. is seeking a highly organized, detail-oriented *Accounting Technician* to join our growing accounting team. This role is responsible for supporting the day-to-day financial operations of the brokerage, with a primary focus on *real estate commission processing and payouts, account reconciliations, transaction accounting, and general accounting administration*.
The ideal candidate is comfortable working in a fast-paced environment, managing a high volume of transactions, meeting strict deadlines, and ensuring that financial records and agent payments are accurate.
Key ResponsibilitiesCommission Processing & Agent Payouts
* Process real estate commission disbursements accurately and efficiently. * Review completed transactions and supporting documentation prior to commission payout. * Verify agent commission splits, brokerage fees, transaction fees, deductions, referrals, team splits, mentorship fees, and other applicable charges. * Prepare and process agent commission payments in accordance with company policies and payment timelines. * Review commission statements and identify discrepancies before payments are released. * Work closely with the Deals Administration team to resolve incomplete or incorrect transaction information. * Respond to agent inquiries regarding commission calculations, deductions, payments, and account balances. * Maintain accurate commission records and supporting documentation. * Assist with adjustments, corrections, chargebacks, deposits, and other commission-related transactions.
Account Reconciliations
* Perform daily, weekly, and monthly bank and general ledger reconciliations. * Reconcile commission accounts, operating accounts, accounts receivable, accounts payable, credit cards, and other balance sheet accounts. * Investigate and resolve discrepancies in a timely manner. * Ensure transactions are recorded accurately within the company's accounting systems. * Maintain supporting schedules and reconciliation documentation.
Transaction & Brokerage Accounting
* Record and review financial transactions associated with real estate closings. * Ensure funds received from lawyers, brokerages, agents, clients, and other parties are properly allocated. * Monitor outstanding receivables relating to transactions, agent accounts, referral fees, and other amounts owing. * Follow up internally regarding missing funds or documentation. * Assist with brokerage deposits and payment processing. * Maintain accurate agent ledgers and brokerage accounting records. * Support the reconciliation of transaction activity between brokerage management and accounting systems.
General Accounting Duties
* Assist with accounts payable and accounts receivable functions. * Enter invoices, payments, journal entries, deposits, and other accounting transactions. * Assist with month-end and year-end closing procedures. * Prepare supporting schedules, reports, and documentation for the accounting team. * Assist with financial reporting and internal accounting requests. * Maintain organized digital accounting records and supporting documentation. * Assist with HST-related recordkeeping and other tax-related accounting schedules as required. * Support the CFO and Senior Accountant with special projects, reporting, audits, and financial analysis. * Assist with improving accounting processes, procedures, controls, and efficiencies as REVEL continues to grow.
Internal Collaboration
The Accounting Technician will work closely with REVEL's:
* CFO and Accounting Team * Deals Administration Team * Agents, Teams, and Head Coaches
The role requires strong communication skills and the ability to explain accounting matters clearly and professionally to agents and internal team members.
Qualifications
* Diploma or degree in Accounting, Finance, Business Administration, or a related field. * Previous accounting technician, bookkeeping, or accounting experience. * S