Primaris REIT is currently hiring a dedicated and enthusiastic Revenue Administrator to join our team at our Cataraqui Centre in Kingston, Ontario. If you have a background in accounts receivable, have an understanding of property management and thrive in a dynamic, fast-paced environment, this exciting opportunity is perfect for you!
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
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