Tenant Billing Analyst (12-Month Contract)
At a glance
Mid-level Accounting role at RioCan. North York · full-time · CA$64,000–CA$88,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Check lease terms for CAM, property tax and percentage rent, then calculate charges to match those agreements
- Maintain tenant billing methods in the ERP system and enter approved calculation approaches
- Review estimated recoverable charges for the annual budget, then prepare year-end reconciliation invoices
- Update percentage-rent schedules with monthly sales and bill tenants, including property-tax refunds
- Work with property management on tenant questions about reconcilable charges and take on assigned analyses or projects
What you bring
- A university degree in business administration, accounting or economics
- At least five years in recovery accounting or property accounting
- You can interpret lease agreements and use Microsoft Word, Excel and Outlook proficiently
Who this fits
This mid-level role suits someone with recovery or property accounting experience who is comfortable reading leases and handling tenant billing. It is a twelve-month contract based onsite in North York.
From the employer
POSITION OVERVIEW:
The Tenant Billing Analyst ensures accurate billing and compliance with lease provisions related to Common Area Maintenance (CAM), property taxes, and percentage rent. The role also involves collaborating with property management to resolve tenant inquiries and supporting special projects as needed.
RESPONSIBILITIES:
- Conducting audits of lease provisions related to CAM, property tax, and percentage rent, and preparing calculations to ensure compliance with lease terms;
- Entering approved calculation methodologies into the ERP system;
- Maintaining and updating tenant billing methodologies in the ERP system to ensure accuracy and completeness;
- Participating in the annual budget process through calculation, review, and analysis of estimated charges;
- Calculating and issuing final year-end reconciliation invoices;
- Updating percentage rent schedules with monthly sales data and generating percentage rent invoices;
- Assisting Property Management in resolving tenant inquiries related to reconcilable charges;
- Calculating property tax refunds and issuing related invoices to tenants;
- Performing miscellaneous tasks, various ad hoc analyses and participating in special projects as assigned.
QUALIFICATIONS:
- University degree in either Business Administration, Accounting, or Economics;
- Minimum of 5 years of experience in recovery accounting or property accounting;
- Excellent written and verbal communication skills;
- Strong organizational skills with attention to detail;
- Proficient in Microsoft Word, Excel, and Outlook;
- Yardi experience preferred;
- Demonstrated ability to read and interpret lease agreements.
We are committed to creating a diverse and inclusive work environment where all employees are valued, included, and empowered to do their best work and bring great ideas. People are at the core of who we are, and we respect that they have taken all paths to get here. 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.
You can visit us at www.riocan.com and follow us on LinkedIn to learn more about who we are and what a career at RioCan can look like for you.