JOB DETAILS
LOCATION
ON-RegionalOffice, ON
POSTED
30+ days ago

Description

 

Reports To: Commercial Controller

 

About Us:  CAPREIT is one of Canada’s largest real estate investment trusts managing over 65,000 residential rental apartment and townhouse suites and manufactured home community sites in major urban centres across Canada, the Netherlands, and Ireland.  As part of our portfolio, we also own and manage a commercial portfolio of over 1 M Sq. Ft. of retail and office space across Canada.

 

Position Summary: The Real Estate Analyst position serves as a key accounting resource at the regional level, working in partnership with the commercial operations team and has responsibility for all accounting, reporting and analysis related to the portfolio of commercial assets across Canada.

 

Responsibilities:

  • Monthly financial statement preparation and variance analysis
  • Monthly journal entries with proper supporting documentation
  • Account reconciliations – includes asset & liability general ledger account reconciliations, ensure sub-ledgers reconcile with general ledger
  • Maintain monthly and year-end accounting working paper files – year-end file to include proper supporting documentation for all balance sheet accounts
  • Preparation of Monthly CAM & Tax recovery spreadsheets
  • Preparation of Annual CAM & Tax Yearend billings
  • Preparation of Annual CAM & Tax Pre-bills per budget
  • Monthly CAPEX reconciliation/accruals
  • Revenue – rent roll sub-ledger reconciliation and tenant chargebacks
  • Monthly CTS and Discrepancy reconciliation
  • Review new leases, renewals, terminations and CPI increases entered in SAP
  • Assist with annual operating budget preparation and analysis
  • Coding of out-of-scope invoices, seek approvals and send to AP department for payment
  • Handle queries relating to portfolio from Internal staff and Auditors
  • Special projects as assigned

 

Qualifications

  • University or College degree, enrolled in CPA programs or equivalent work experience
  • 2-3 years of property accounting experience (with a preference for commercial exposure)
  • Strong analytical, attention to detail and problem-solving skills
  • Ability to work under tight deadlines, multi-task and prioritize
  • Ability to communicate effectively, both oral and written
  • Intermediate to advanced working knowledge of MS Excel
  • Experience with SAP is an asset