Senior Accounting Analyst

3 weeks ago

Ontario, Canada First Capital Full time

UN] owns, operates, and develops grocery anchored open air centres in neighbourhoods with the strongest demographics in Canada. Through the expertise and collaboration of our team, we create thriving properties which generate value for businesses, investors and our neighbourhoods. As Senior Recoveries Analyst, you will be responsible for lease interpretation and expense allocations for tenant-level distributions across our portfolio in Canada. Reporting to the Manager, Recoveries, you will provide guidance and expertise on a variety of lease types, with a focus on retail assets.
Establish operating cost recovery rates for tenants based on reviews and interpretations of tenant leases.
Calculate tenant allocations for year-end reconciliations, accruals,reforecasts,and budgets.
Support implementation of specialized recovery software.
Work directly with the specialized recoveries team to provide support and guidance to Property Accounting.
Update and maintain recovery files as required in both online platforms and Excel.
Work closely with Property Accountants and Lease Administrators to ensure proper maintenance of files and documents.
Respond to inquiries from Property Managers and provide clarification and/or supporting documentation as necessary.
Provide information to Property Accountants and Property Managers for annual budget preparations.
Review leases with respect to tenant disputes and offer an opinion on the legitimacy of the tenants’ complaints.
Support the property tax team on specialized assignments, including various municipal applications, tax budgets, correspondence with municipalities, and valuations.
Participate in special projects and take on other duties as assigned.
Proven experience in Property Accounting or Lease Interpretation, preferably in retail property management.
Excellent lease interpretation and mathematical skills.
Knowledge of Microsoft Office suite, with advanced Excel skills, and experience working with accounting and recovery systems (e.g., know how to leverage and learn new software and take any opportunity to learn new skills.
Well-developed communication and presentation skills with the ability to present findings and conclusions in a "non-technical" manner.
Post-secondary education in Accounting or Business; aprofessional designation is an asset.
Flexible Hours
Remote workdays
Paid time off during December holiday season
At First Capital we are committed to workplace diversity and inclusion within our organization, therefore, we encourage all qualified persons from all backgrounds to apply. Accommodations are available, upon request, to all applicants with disabilities throughout our hiring process.

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