At a Glance
- Tasks: Manage tenant-level expense distributions and collaborate with various departments.
- Company: Leading mixed-use real estate developer in Canada with a strong reputation.
- Benefits: Competitive salary, bonuses, health spending, tuition reimbursement, and paid time off during Christmas.
- Other info: Great opportunity for career growth in a supportive and collaborative environment.
- Why this job: Join a dynamic team where no two days are the same and make a real impact.
- Qualifications: Experience in accounting or finance with strong analytical skills.
The predicted salary is between 72000 - 88000 $ per year.
THE COMPANY
Our client is a leader, owner, operator, and developer of Mixed-Use Real Estate across Canada. This well-respected company offers top tiered perks, including health spending account, wellness allowance, employee unit purchase plan, RRSP savings plan, tuition reimbursement, and paid time off during Christmas! This is your opportunity to find your forever workplace home!
THE ROLE
As a Senior Recoveries Analyst, you will report to the Manager, Recoveries. You will be responsible for interpreting and allocating expenses for tenant-level distributions. Focusing on retail assets, the ideal candidate will provide guidance and expertise across a variety of lease types throughout Canada. This is an opportunity to work with an extremely collaborative team and perfect for someone that doesn’t want to be pigeon-holed in their role and to work with all departments. No day is ever the same, so an ability to pivot depending on priorities is necessary for success.
WHAT YOU WILL DO
- Establish operating cost recovery rates for tenants, based on reviews and interpretation 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.
- Identify and resolve discrepancies in reporting and calculations.
- Update and maintain recovery files as required in both online platform 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’ complaint.
- 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 required.
WHAT TO DO NOW
If you believe this position could be the perfect fit for you, apply now. We thank all applicants; however, only those who meet the requirements of the position above will be contacted.
Senior Recoveries Analyst in Toronto employer: Andrea Prunty Recruitment
Join a leading mixed-use real estate company in Scarborough, ON, where you can thrive in a dynamic and collaborative environment. With competitive salaries, generous benefits like health spending accounts, wellness allowances, and tuition reimbursement, this employer prioritizes employee well-being and growth. Experience a workplace that values flexibility and innovation, making every day an exciting opportunity to contribute meaningfully.
