Job Description

Location:


22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5
Reporting directly to the Manager, Property Accounting, the Senior Tenant Recovery Accountant will play a key role in managing the full cycle of accounting for revenue generating properties within the portfolio.



We're looking for someone who thrives in both independent and team environments, brings exceptional attention to detail, and enjoys collaborating across all levels of the organization. Bring your analytical skills, strong communication, and initiative to a dynamic team where you'll make a meaningful contribution!

Responsibilities:

Support integration and ongoing transformation of specialized recovery software with ERP system. Establish recovery models for tenants, based on review and interpretation of tenant lease checklist (all asset classes). Reconcile lease shortfall, ensuring property slippage is understood and can be explained. Collaborate with business stakeholders (Asset Management, Property Operations, Leasing, Accounting, and other departments) to identify analytical requirements that align with strategic goals. Assist Asset Management and Leasing to establish additional rates for non-standard leases. Assist with the set-up of new properties and development transfers for Tenant Recoveries. Assist Lease Administration team regarding tenant billing disputes. Complete Quarterly Forecast and assist in preparation of annual budgets. Contribute towards developing and maintaining regular reports, dashboards, and visualizations to track key performance indicators (include RPSF, recovery ratios, lease shortfall reconciliations) and provide actionable recommendations. Validate the integrated data in a specialized recovery software and ensure data accuracy and reliability for recovery calculation by collaborating with Manager and IT team. Assist with ad-hoc projects, as required.

Qualifications:

A post-secondary degree specializing in Accounting, Business, Economics, Real Estate, or a related field. Minimum of 3 to 5 years of experience within real estate accounting and reporting; preferably retail/commercial property accounting experience. CPA (CGA, CMA, CA) designation completed preferred. Strong proficiency in Microsoft Excel and working knowledge of Word and Outlook. JD Edwards (JDE) and GSS experience preferred. Excellent interpersonal and communication skills, both written and verbal, with the ability to collaborate effectively across all levels of the organization. Strong analytical and accounting skills with excellent attention to detail. A self-starter with the ability to work independently and as part of a team. Ability to adapt to new challenges and prioritize tasks in a fast-paced, evolving environment.

About Choice Properties:

Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers and stand-alone supermarkets.



Choice Properties' strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities.



Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture.



Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation's evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities.


In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct - it reinforces what our customers and stakeholders expect of us.


Number of Openings:


1

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