PURPOSE

The Accountant, Accounts Receivable is accountable to the Manager, Accounting or the Manager/Supervisor, Accounts Receivable for ensuring the timely and accurate collection/recording of rents and other revenue as well as various types of fees for the assigned portfolio of properties in a given geographical region.

DUTIES AND RESPONSIBILITIES

1. Accounts Receivable and Collection
Monitors all tenant accounts and initiates collection activities to ensure that rents are paid on a timely basis, maintains various tenant deposits, while following through with extended collection activities on outstanding accounts.

2. DEFT Generation
Generates monthly and debit electronic funds transfer (DEFT) rent roll to ensure all tenancies and vacancies have been accounted for and all funds have been transferred accordingly and in a timely fashion.

3. Bank Deposits and Cash Receipts
Ensures all payments and accounts receivable information is recorded on a daily basis, while reviewing/reconciling various deposits and free rent entries, makes sure the accounts receivable recording is verified and completed properly and application of various deposits to tenant accounts is accurate.

4. Accounts Receivable Analysis and Reporting
Analyzes miscellaneous revenue accounts on a monthly basis and reports to management on the status of accounts receivables and any outstanding accounts, while assisting with the preparation of financial solutions for non-remitting tenants in order to ensure receipt of payments.

5. Budgeting/Reforecasting and Year-end Processes
Prepares year-end accounts receivable documents and assists with the preparation of annual budgets/reforecasts in order to properly reflect the financial status of the company and to ensure the accurate collection of revenues.

6. Collection Record Keeping
Maintains trust account documents for various properties, maintains filing system of all documents related to the collection of account receivable such as invoices, deposits, and rent rolls in order to facilitate periodic review and audit processes.

Any other job related duties and/or projects that may be assigned.

MINIMUM REQUIREMENTS

Skills, Knowledge, Experience and Education

College Diploma in Accounting or Business Administration or equivalent
Minimum of 2 years of relevant accounting experience
Intermediate to advanced working knowledge of MS Office applications

Core Competencies

Excellent communication skills (both written and verbal)
Strong analytical skills
Good quantitative analysis skills
Good organizational skills
Attention to detail.

ADDITIONAL REQUIREMENTS

Previous experience in real estate industry is an asset
Previous collections experience is an asset

Morguard is a fully integrated real estate company. We own, manage and invest in high-quality, well-located, geographically diversified assets across North America. We have built our business with strong leadership and a proven management platform that have generated substantial, risk-adjusted returns – and significant long-term growth. With more than 40 years of experience and a dynamic team of 1,500 professionals, our commitment is to realize the potential of real estate through value creation and operational excellence.

We are committed to providing accessible employment practices that are in compliance with the Accessibility for Ontarians with Disabilities Act (AODA). If you require accommodation during any stage of the recruitment process, please notify Human Resources at hrassist@morguard.com or 905 281-5967.

Morguard jobs

Accountant, Accounts Receivable