Senior Analyst, Lease Accounting

Choose a workplace that empowers your impact. Join a global workplace where employees thrive. One that embraces diversity of thought, expertise and passion. A place where you can personalize your employee journey to be — and deliver — your best. We are a leading global real estate investor, developer and manager. We combine our capital with our capabilities to create real estate that strengthens economies and communities. By prioritizing people, partnerships and places, we generate meaningful returns for OMERS members, enhance value for our capital partners and create a brighter world for our customers. Join us to accelerate your growth & development, prioritize wellness, build connections, and support the communities where we live and work.Don’t just work anywhere — come build tomorrow together with us.Know someone at OMERS or Oxford Properties? Great If you're referred, have them submit your name through Workday first. Then, watch for a unique link in your email to apply.We are looking for a highly motivated Senior Analyst, Lease Accounting to join our North American Accounting team in Toronto. In this role you’ll be responsible for reviewing and interpreting lease documents to ensure accurate setup for the purpose of billing tenants and for reviewing the accuracy of tenant recoveries during key processes such as the annual budget process and year end reconciliations.You will be a key member of an engaged, high-reaching team—part of a world-class, winning culture that prioritizes people development and focuses on long-term growth. We take great pride in leading the industry by earning respect through every interaction, every day. We go above and beyond to protect and grow relationships by anticipating needs, being honest and considerate and valuing customers as genuine partners.As a member of this team, you will be responsible for:Reviewing, interpreting, and abstracting complex commercial lease documents, including amendments, extensions, and termination agreementsProviding the accounting team with operating cost and tax charge types for new deals, renewals and expansionsAdvising property management and accounting teams, ensuring the accurate setup of leases in the ERP systemReviewing, on a detailed and timely basis, the accuracy of recovery calculations contained within the operating cost and property tax recovery models in connection with issuing final billings to tenantsReviewing recovery models and leasing assumptions during the annual budget process, ensuring accurate prebill ratesProvide support and expertise to business partners in investigating and responding to tenant queries or disputesProvide financial analysis to determine the impacts of select exception dealsAssist with sector level analysis relating to rate impact, shortfalls, recovery ratios, NOI as requiredLiaise with property tax consultants relating to recoveries and the processing of appeal refundsAssist the Leasing and Legal teams in drafting of agreementsSetting up tenant recovery models for new properties and perform lease audits as requiredIdentifying, recommending and implementing process and system improvementsAssist other lease analysts with complex lease interpretationTo succeed in this role, you:Have an Undergraduate Degree in accounting, finance, commerce, business or legalHave a minimum of 7 years work experience in reading and interpreting commercial leasesHave a strong understanding of accounting concepts as it relates to the real estate industryThrive in organizations that constantly evolve and adaptHave proven analytical, financial modeling, and data analysis skills in Microsoft ExcelEmbrace collaborative sharing of knowledge within a team environmentAre self-motivated with a strong work ethic and a high level of attention to detailAre an excellent communicator, both written and verbalHave experience working with large ERP systemsOxford's purpose is to strengthen economies and communities through real estate.Our people-first culture is at its best when our workforce reflects the communities where we live and work — and the customers we proudly serve. From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our committee and employee recognition programs.