Revenue Analyst

Cadillac Fairview

  • Toronto, ON
  • Permanent
  • Full-time
  • 19 days ago
Description :Role Impact:The Revenue Analyst will ensure revenue billed is recognized in the proper periods and aligns with GAAP guidance. Prepare and resolve Tenant account reconciliations in a timely manner. Ensure billings accurately follow and interpret Tenant lease provisions. Serve as a liaison between Revenue Services and Accounting to ensure proper recording and reporting of all revenue activity. Maintain accurate client account information and communicate regularly with clients to provide current account status and prevent delinquency. Provide the Operations and Leasing team with necessary supporting information for Client relationships. Work with the leadership team to escalate and resolve difficult tenant accounts when necessaryWhat you will deliver:
  • Review and maintain rent roll and associated charges in finance system as per lease agreement to process monthly rental billings
  • Calculate and process retail tenants’ percentage rent information on a monthly basis by reviewing the set up and calculation and collaborate with Lease Administration team to resolve any discrepancies
  • Support audits and Financial due diligence for property transactions.
  • Process client chargebacks for service-related charges by reviewing the lease agreements and reconcile the balance sheet accounts for quarterly working paper files
  • Reconcile specialty leasing and storage contracts and ensure agreements are processed in finance systems
  • Review and process all client billings, rental notices and parking income including year-end notices through finance systems on a timely and accurate basis and forward to all clients to ensure the availability of all relevant information and to limit the possibility of outstanding accounts
  • Perform mass maintenance of estimated recovery rates, analyze, and process rate adjustments and distribute annual packages to clients
  • Input consumption information in preparation of monthly and annual Recoveries processing. Analyze consumption variances month over month and follow up with Operations where necessary.
  • Prepare year-end recovery package to tenants and distribute through Gateway by CF
  • Support the implementation of new platforms and systems enhancements where required
  • Assist in building dashboards to improve reporting capabilities
  • Assist with special projects and other duties as assigned
  • Input all clients' certified and audited sales, following up with the Tenant where necessary.
  • Review and update sales estimates, analyze and post monthly percentage rent accruals
  • Review sales information for accuracy and analyze fluctuations month over month.
  • Maintain an up-to-date record of and reconcile all negligent accounts by preparing a variety of accounts receivable reports and letters such as, but not limited to, account statements and correspondence to each tenant, doubtful accounts, write-offs, and proof of claims including statement of damages to internal and external lawyers to support claims in cases of Bankruptcies and Litigations.
  • Review tenant accounts to collaborate with Legal in providing information for Tenants in legal status including Tenants in defaults, litigation, and bankruptcy.
  • Conduct 5th of the month analysis of outstanding Rent to ensure company objectives have been met
  • Maintain and analyze accounts receivables as per company objective standards by ensuring the timely collection of all rents
  • Analyze and categorize payment received after AR close for reconciling quarterly post-closing cash report.
  • Investigate and respond to client inquiries by analyzing tenant account, reviewing leases and billings for discrepancies, and making necessary adjustments
  • Maintain accounts receivables comment reports up to date by ensuring status of outstanding amounts have been categorized by type allowing effective management of outstanding amounts
  • Lead Monthly AR meetings with Property GM and VP of Operations ensuring action items are addressed and followed up on. Prepare, present and action established and come back with the action items
  • Establish and maintain a strong working relationship with Tenants in order to ensure Tenant is provided all necessary information to make payments on a timely basis.
What your strengths are:
  • Team player
  • Excellent verbal and written communication skills with the ability to effectively communicate complex data to non-financial stakeholders or clients and communicate with senior leadership both internally and externally.
  • Strong organizational, multitasking and prioritization skills
  • Ability to work under pressure with deadlines
  • Detail oriented and focused on accuracy
  • Strong analytical, problem-solving skills and numeracy
  • Able to work with minimum supervision
  • Strong computer skills with a high level of competence in Microsoft Office i.e. PowerPoint, Excel, Word, Google Suite and Yardi
  • Self-starter with the ability to lead in a fast-paced environment
What you need to succeed:
  • University Degree in Finance, Accounting, Commerce, Business, or relevant work experience
  • Minimum 2-year experience in Accounting or Billings position
  • Experience in Real Estate and/or Property Management
  • Good understanding of accounting principles, leases, and related documentation
Why you should join us:At Cadillac Fairview we have been transforming communities for over 50 years. We are so much more than our properties. We are building leaders at all levels. We offer the challenge of interesting work, a great organizational culture, the opportunity to collaborate with the best in the business, and support for your growth and development. We reward values-based behavior and superior results with a competitive rewards package that includes best-in-class benefits and pension. Imagine a place where you can make a difference!At CF our everyday actions and critical business decisions are guided by our CF Values. Achieving results is naturally important for us and we achieve results through behaviours that are consistent with our CF Values.Are you someone who believes in our values?
  • Aim Higher – we strive to exceed expectations
  • Own Your Expertise – we empower ourselves and each other
  • Collaborate Effectively – we bring the right people together to get the right results
  • Engage with Empathy – we objectively consider the needs of others
  • Embrace Change – we drive, learn from, and adapt to change
At CF you’ll join a diverse community and award-winning team where your talent and commitment to excellence are welcomed, valued and respected. We’re ready to meet you there – are you?CF is an equal opportunity employer and is committed to creating a diverse and inclusive environment. If you need reasonable accommodation during the recruitment, assessment, and/or selection process, please notify your CF contact or email cfcareers@cadillacfairview.com.

Cadillac Fairview