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Senior Recoveries Analyst - Remote

Posted 2 weeks ago
Finance / Legal
Full Time
Scarborough, ON, Canada

Overview

As a Senior Recoveries Analyst, you will report to the Manager, Recoveries. You will be responsible for interpreting and allocating expenses for tenant-level distributions. Focusing on retail assets, the ideal candidate will provide guidance and expertise across a variety of lease types throughout Canada.

In Short

  • Establish operating cost recovery rates for tenants, based on reviews and interpretation of tenant leases.
  • Calculate tenant allocations for year-end reconciliations, accruals, reforecasts, and budgets.
  • Support implementation of specialized recovery software.
  • Work directly with the specialized recoveries team to provide support and guidance to Property Accounting.
  • Identify and resolve discrepancies in reporting and calculations.
  • Update and maintain recovery files as required in both online platform and Excel.
  • Work closely with Property Accountants and Lease Administrators to ensure proper maintenance of files and documents.
  • Respond to inquiries from Property Managers and provide clarification and/or supporting documentation, as necessary.
  • Provide information to Property Accountants and Property Managers for annual budget preparations.
  • Review leases with respect to tenant disputes and offer an opinion on the legitimacy of the tenants’ complaint.
  • Support the property tax team on specialized assignments including various municipal applications, tax budgets, correspondence with municipalities, and valuations.
  • Participate in special projects and take on other duties as required.

Requirements

  • Post-secondary education in the areas of accounting, finance or business.
  • 3-5 years of accounting or lease interpretation experience, preferably in the retail property management industry.

Benefits

  • Flexible Hours
  • Remote workdays
  • Company-matched savings plans
  • Fully paid Extended Healthcare benefits from day one
  • Annual Wellness Subsidy
  • Tuition & Development Program
  • Employee Referral Program
  • Rewards and Recognition Programs
  • Paid time off during December holiday season
  • Parental leave benefits

F.C

First Capital

First Capital is a leading real estate company listed on the TSX (FCR.UN) that specializes in owning, operating, and developing grocery-anchored open-air centers in Canada, particularly in neighborhoods with strong demographics. The company is dedicated to creating thriving properties that provide value to businesses, investors, and local communities. Recognized as one of the top employers in the Greater Toronto Area, First Capital promotes a vibrant workplace culture that emphasizes equal opportunity and employee well-being, offering rewarding career opportunities in a dynamic and high-performing environment.

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