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RioCan Yonge Eglinton Centre
2300 Yonge St, Suite 500
Box 2386
Toronto, ON
M4P 1E4
1-800-465-2733

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Summary

Reporting to the Manager, Recovery Accounting, this position oversees Portfolio specific Operating Cost & Realty Tax recovery accounting for Month-end, Re-forecasting, Annual budgets and Year-end billings.

Responsibilities:

  • Update & maintain Recovery Schedules on a monthly basis.
  • Calculate and process year-end final billings to tenants.
  • Prepare annual property budgets for all expense Recoveries.
  • Participate in quarterly reforecast process.
  • Review leases and set up Recovery Schedules for newly acquired properties.
  • Conduct lease audits on select properties to ensure proper calculation of CAM and Taxes.
  • Assist Property Manager with resolution of Tenant's CAM and Tax queries.
  • Prepare monthly variance analysis on Net Operating Income, CAM and TAX recovery shortfall & ratio.
  • Pre-billing tenants for Additional rents based on budget.
  • Liaise with Leasing Department in finalizing new leases.
  • Liaise with Internal and External auditors with respect to CAM and TAX.
  • Liaise with Accounts Payable Department to ensure timely payment of all property taxes.
  • Analyze and distribute tax refunds to tenants.
  • Other duties/projects as required.

Qualification/ Requirements:

  • University degree in Finance or Accounting
  • Proven organizational skills.
  • Excellent written and verbal communication skills
  • Minimum of 5 years of Recovery / Property Accounting experience
  • Ability to read and interpret leases
  • Sound understanding of Recoverable Capital expenditure and Recoverable Operating Expenses
  • Previous experience with set up of operating cost and realty tax files
  • Ability to resolve problems using facts and sound reasoning
  • Proficient in Word, Excel and Outlook
  • Knowledge of computerized accounting systems (JD Edwards/Yardi)

RioCan brings together smart, talented people from diverse backgrounds, and creates spaces where we can all prosper.  People are at the core of who we are, and we respect that they have taken all kinds of paths to get here.

We are committed to creating an environment in which all employees are valued, included, and empowered to do their best work and bring great ideas. We value different voices and perspectives, and appreciate that unique backgrounds and identities make our organization stronger.

RioCan welcomes applications from all candidates and is committed to providing accommodations for people with disabilities. If you require accommodation at any stage of the application process please let us know and we will be happy to work with you to meet your needs.