1/30/2013
Property Revenue Analyst
Toronto
Toronto
Finance - Central Region
2013-01-30_851
Salaried

Ivanhoé Cambridge is a world-class real estate company that leverages its high-level expertise in all aspects of real estate including investment, development, asset management, leasing and operations, to deliver an optimal return for its investors.

Through its multiple subsidiaries, its assets in more than 20 countries are valued at over Cdn$35 billion as at December 31, 2012. Ivanhoé Cambridge is a real estate subsidiary of the Caisse de dépôt et placement du Québec, one of Canada's leading institutional fund managers.Specific accountabilities: 

 

  • Calculate budget and actual, CAM/Realty Tax/Food Court/HVAC/utility and any other type of recoveries for all leases;
  • Calculate or review and approve AA's calculations of monthly utility billings;
  • Investigate and respond to tenant queries pertaining to rent adjustments and all other types of billing;
  • Reconcile the property's GLA for actual and budget recoveries;
  • Reconcile year-to-dates (pre-billed amounts) and related Balance Sheet G/L accounts;
  • Interpret lease clauses to calculate recoverable rates and billings with guidance from PFA Manager;
  • Calculate and validate monthly and lease year end percentage rent billings;
  • Calculate and prepare realty tax billing invoices for major and non-rent-roll tenants;
  • Calculate monthly and year-end percentage rent accruals;
  • Reconcile and/or review the monthly rent roll reconciliation;
  • Reconcile and/or review the weekly rent roll adjustments;
  • Review and approve Accounts Administrators daily work with respect to manual billings;
  • Calculate or assist with calculation of projected recoveries: CAM, Realty Taxes, HVAC, Food Court (budget, monthly and year-end);
  • Provide coaching of Account Administrators as it relates to billing and lease information; train Account Administrators on lease administration functions;
  • Participate in the training of new Property Financial Administrators;
  • Review Lease Profile Administrator's lease master changes;
  • Prepare annual escalation increases to recoverable charges (annual rent letters);
  • Assist in the preparation of various analysis such as "leasing and development scenarios" as required;
  • Prepare leasing fees for co-owned properties as required;
  • Assist in other functions within the Controller’s group as assigned.

Key requirements

  • University degree and a minimum of three years of related experience.  Real Estate property management experience would be beneficial;
  • Proficiency in MS Office, including advanced knowledge of Excel and JD Edwards (an asset);
  • Knowledge of accounting;
  • Ability to meet tight deadlines;
  • Attention to details and high quality standards;
  • High energy with a positive learning attitude;
  • Strong analytical skills and aptitude for customer service. 

If you are interested by this challenge, please submit your resume. 

A professional and appealing environment!  

Ivanhoé Cambridge has been recognized as one of the 100 Best Employers in Canada. We value the importance of human resources, which is why we provide a stimulating professional environment where integrity and respect, the drive to outperform, service excellence, teamwork and innovation are highly valued.