Occupancy Costs Control Manager
17 hours ago
We are seeking a highly skilled and experienced Occupancy Costs Control Manager to join our team at Scotiabank. As a key member of our organization, you will be responsible for managing and controlling the Bank's occupancy costs, ensuring adherence to lease agreements and identifying opportunities for cost savings.
Key Responsibilities- Develop and Implement Cost Control Systems: Design and implement a system for conducting due diligence reviews of operating costs and realty tax reconciliations, challenging and recovering overcharges.
- Audit and Analyze Lease Agreements: Conduct thorough audits and analyses of lease agreements to ensure equitable and fair chargebacks in accordance with documented lease agreements.
- Identify Cost Savings Opportunities: Utilize expert knowledge of commercial leases and audits of landlord reconciliation and billings to realize savings and cost reductions.
- Manage Rental Payments and Lease Administration: Approve rental payments on time, ensuring billings are in accordance with the lease, and manage the process associated with opening and consolidating of branches.
- Provide Expert Advice and Support: Provide expert advice to other Bank staff regarding occupancy cost, including realty taxes and other property control matters.
- Proactively Identify and Address High-Risk Situations: Proactively and selectively audit high-risk situations, followed by maintaining control to reconcile variances and recover savings.
- Embody Scotiabank's Core Values: Embody the Bank's core values and support Diversity, Equality, and Inclusion initiatives.
- Collaborate with the Team: Collaborate as a team builder by sharing knowledge, suggesting process improvements, and supporting other team members.
- Business Experience and Real Estate Knowledge: Several years of business experience with a broad knowledge of the real estate industry, leasing, and costs associated with real estate.
- Expert Knowledge of Real Estate Accounting and Occupancy Costs: Expert knowledge of all aspects of Real Estate accounting, occupancy costs, and property taxes.
- Quantitative Analytic and Critical Thinking Skills: Highly developed quantitative analytic skills, as well as critical thinking ability.
- Excellent Communication and Negotiation Skills: Excellent communication skills, both verbal and written, and expert negotiating skills and business acumen.
- Self-Initiative and Team Player: Self-initiative, resourcefulness, and energy, as well as a team player with good organizational and time management skills to handle multi-task assignments.
- Advanced Excel and Computer Skills: Advanced Excel skills and good computer skills to develop/maintain real estate systems/databases.
- Knowledge of Bank's Accounting System and Policies: Knowledge of Bank's accounting system, Bank policies, and Bank procedures.
- Fluency in French and/or Spanish: Fluency of French and/or Spanish would be an asset.
- Business Degree and Relevant Experience: A business degree with relevant experience and/or professional accounting designation.
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