Job Description

Who we are:

Canderel is a top real estate company known for its expertise in commercial, residential, and investment partnerships. We excel in delivering innovative solutions and outstanding value across all areas of real estate. Dedicated to creating vibrant, sustainable communities, we enhance the lives of residents, tenants, and partners through creative thinking and exceptional execution. Committed to diversity and inclusion, we actively welcome applications from individuals of all backgrounds, including those from BIPOC (Black, Indigenous, and People of Color) and LGBTQ+ communities.

Summary:

Canderel is looking for an experienced Property Administrator based in Montreal. The Property Administrator is a key member of the real estate management team for Class A buildings located in downtown Montreal

Responsibilities:

Prepare OPEX and CAPEX budgets according to the annual budget guide and the instructions from property management teams Analyze the impact of depreciation on operating expenses Review and submit the list of monthly and year-end accruals to accounting, and follow up on the reversal of year-end accruals Generate and validate the rent roll on a monthly basis Calculate monthly gross-up entries (electricity, cleaning services, and vertical transportation) Analyze and explain quarterly budget variances in property financial statements Analyze and prepare 13th invoices, and respond to client inquiries Analyze monthly sales reports from retailers, identify missing sales, and follow up accordingly Process percentage rent billing Supervise and monitor accounts receivable on a monthly basis Maintain the building area chart (BOMA measurements) and cleaning area charts Identify, calculate, and submit for approval provisions for bad debts and write-offs Conduct account analyses, reconciliations, and audits of accounting records, client accounts, and service requests Issue adjustment invoices as needed Set up and process billing for electricity and gas sub-meters Set up and process billing for municipal and school taxes Prepare rent memos for certain tenants according to lease terms

Qualifications & Competencies:

Minimum of 3 years of experience in an administrative role in real estate accounting, preferably Excellent knowledge of Microsoft Office Practical knowledge of YARDI and ANGUS accounting systems Customer-focused and client-oriented Strong written and verbal communication skills Promotes a team-oriented work environment with a positive and professional attitude Willingness to go the extra mile to understand and meet client needs Flexibility in adapting to changing work conditions, including interruptions, and ability to multitask Ability to work independently and under pressure, and to meet deadlines

Canderel is an equal opportunity employer. We believe a diverse and inclusive workforce drives innovation and makes our company stronger. We are committed to fostering a safe and positive environment that respects people's dignity, ideas and beliefs. We are pleased to consider all qualified applicants to join our team as we continue to grow and build a strong and varied workforce reflective of today's diverse world.