Welcome to OHI, a leading provider of accounting services in Canada, specializing in real estate accounting, property accounting, and property management accounting. With 18 years of experience, we are your trusted partner in navigating the complexities of financial management in the Canadian real estate market.
Our expert team understands the unique challenges faced by real estate businesses, from property developers to investors and property management companies. We tailor our services to meet your specific needs, offering transparent financial reporting and streamlined processes to optimize your accounting operations.
Trust us to handle the intricacies of your financials while you focus on growing your real estate ventures. Choose OHI for reliable and efficient accounting services that propel your business forward in the dynamic Canadian real estate landscape.
Prepare schedules of month end utility, expense accruals and prepaid expense amortizations, management fee calculations and inter company accounting
Operating and security deposit bank account reconciliations, tax, insurance, mortgage insurance and replacement reserve reconciliations
Updating fixed asset register with new asset additions, dispositions and write-offs for property including to the unit (apartment) level
Comprehensive monthly financial reporting packages including actual-budget variance analysis for revenues and expenses
Comprehensive rent roll analysis of a property for buyers covering financial analysis, tenant analysis, location review among others
Financials, leasing reports, property management executive summaries and other reports with respect to the property, borrower and guarantor
Prepare software transition plans, set-up chart of accounts/tenant accounts/vendors, 2 way/3 way GL and bank reconciliations and handle accounting migration
Clearing backlog of un-posted historic transactions, correction of existing miscoded GL entries, clean-up of chart of accounts and reconciling historic accounts with bank, credit card etc
Lease Abstraction | Lease Entry | Lease Administration | Lease Audit | Lease Review | CAM Reconciliation
Property & Portfolio Level Dashboards | Hold vs Sell Analysis | Cash Flow Projections | Asset Level Budgets
Rent Roll Analysis | Financial Analysis | Market Research | Cash Flow Modeling | Hold Vs Sell Analysis
Maintenance Support Services | Document Management | Insurance Management-Renewals and Claims | Marketing Support
The indicative standard charges for Accounts Payable Specialist, Accounts Receivable Specialist and Property Accountant roles are listed below. Custom packages of 25, 50 and 80 hours per month are available.
Accounts Payable Specialist can perform activities such as 2 Way/3 Way matching of invoices with POs and GRs/Packing Slips, entry of invoices and utilities, coding of expenses, entering checks for further approval, tracking payables, vendor reconciliations and other miscellaneous accounts payable activities.
Accounts Receivable Specialist typically can perform activities such as invoicing, running rents (for real estate cos.), tenant/customer set-up and accounting, late fee processing, rent receipting/cash application services, tracking receivables, email and call based collection support, and miscellaneous accounts receivable tasks.
Clearing backlog of un-posted historic transactions, reconciling historic accounts with bank/vendor/customer statements, and bringing books upto date.
Clean-up of chart of accounts including removing redundant accounts, updating vendor, customer and inventory lists, and correction of existing miscoded invoices, GL entries etc,.
Accounting software transition including set-up of lists, mapping new to old chart of accounts, posting transactions in parallel runs, and 3 Way Reconciliations between Old Vs New Vs Statements.
A fully licensed, registered Real Estate Brokerage firm specializing in Property, Condominium and Asset Management. They are based in Alberta. The firm manages a portfolio in excess of USD 1 billion.
A mid-size Real Estate Developer with operations in British Columbia, Alberta, Washington and California, They builds amenity-rich residential and mixed-use communities. Having delivered over 20,000 homes with another 9,000 planned, being designed or under construction.
A rapidly growing real estate firm based out of Ontario, Canada. They specialize in single and multifamily residential rental properties.
A well-known construction and development company in British Columbia specializing in construction and development of high rise concretes. It is a mid-sized firm and one of British Columbia’s most experienced and respected developers.
A large CA firm based in Ontario, Canada. The firm specializes in providing accounting and taxation services to real estate firms.
A private Canadian owned company head-quartered in Toronto Ontario. In almost 30 years the company has acquired over one million square feet of office, retail and residential property.
A locally based company that has been investing and managing Vancouver retail and office properties for over thirty years. The firm specializes in offering well located office and retail space at highly competitive rates.
Operating from three offices, the firm services Canada’s construction industry. There capabilities are, but not limited to; Construction Management, Design-Build, Energy Retrofits, Design-Bid, Real Estate Advisory and Tenant Improvements.
OHI specializes in providing comprehensive real estate accounting services in Canada tailored for the real estate industry in Canada. Our expertise covers real estate accounting, property accounting, and property management accounting, ensuring accurate financial reporting and efficient financial management for your business.
OHI has been a trusted player in the industry for over 16 years. Our extensive experience allows us to understand the unique challenges faced by real estate businesses, from property developers to investors and property management companies in Canada.
Absolutely! OHI’s expertise extends to property management accounting in Canada. We assist property management companies in maintaining accurate financial records, optimizing budgets, and enhancing overall financial performance.
Yes, definitely! OHI understands that every real estate venture is unique. We tailor our accounting services to meet your specific requirements, providing personalized financial solutions that align with your business goals.
Getting started with OHI is easy. Simply reach out to us through our website or contact our team directly. We’ll schedule a consultation to discuss your accounting needs and create a customized plan for your real estate business in Canada.