Description:
As the Revenue Administrator, you will be responsible for daily, monthly, quarterly, and annual financial transactions for the property including accounts receivable, collections, monthly charges, year-end charges, and percentage rent. This role will work closely with the Property Accountant and the Director, Accounts Receivable on financial reporting and processes, and lease administration affecting the property by executing the following duties:
- Prepare monthly, quarterly, and annual accruals
- Update, maintain and audit all tenant information to ensure it is accurate and up-to-date
- Record and manage all negligent accounts including, but not limited to, accounts receivable reports, tenant statements, letters, and other correspondence
- Recommend bad debt allowances, and write offs for approval from the Property or General Managers
- Assist in the preparation of the monthly Asset Management Report
- Complete and submit the monthly audit package including the reconciliation of the monthly rent roll
- Review the lease administration lease for accuracy
- Prepare required documents and liaise with tenants on a regular basis to develop and maintain good working relationships
- Monitor sales report; analyze tenant sales and prepare monthly percent rent billings as required
- Process all tenant billings and rental notices including year-end statements and forward to tenants with appropriate back up information to minimize the incidence of outstanding accounts
- Address tenant inquiries regarding operating costs and realty tax
- Verify collect and process rent due, adjustments and other payments from tenants in Yardi
- Update information on the aged accounts receivable report twice monthly
- Liaise with Property Accountant in relation to property revenues and expenses to ensure completeness and accuracy
- Maintain analysis of utility accounts and prepare timely billings to metered tenants
- Assist with the preparation and input of property budget(s) and reforecasts
- Process manual billings for service-related charges
Requirements:
To excel in this role, we are looking for candidates who are strategic, organised and detail-oriented who can utilise their strong interpersonal skills. If this opportunity sounds interesting to you, you likely have the following attributes:
- Bachelor's degree or College Diploma in Accounting, Finance, Business Administration or a related field
- Minimum 2 years in accounting or property administration
- Experience in Real Estate or Property Management an asset
- Good understanding of accounting principles, lease administration and collections
- Excellent Microsoft Office skills
- Yardi experience an asset
- Knowledge of insolvency proceedings an asset
- Strong communication and interpersonal skills