Financial Analyst, Recoveries

Location: 22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5 Office Location: St. Clair Ave. East. Hybrid Model: 3 Days in Office Position Overview Choice Properties is looking for a Financial Analyst, Recoveries, to join our team! Reporting directly to the Manager, Tenant Recovery, the Financial Analyst, Recoveries will play a key role in managing the full cycle of accounting for revenue generating properties within the portfolio. The Financial Analyst, Recoveries must be a self-starter, a strategic thinker and has a great service-oriented attitude that will continue to encourage constant improvement of services and performance. 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 recovery checklist (all asset classes) Reconcile lease shortfall, ensuring property slippage is understood and 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 with 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 (including RPSF, recovery ratios, lease shortfall reconciliations) and provide actionable recommendations Validate the integrated data in the specialized recovery software and ensure data accuracy and reliability for recovery calculation by collaborating with Manager and IT Support Revenue Accounting operations, including processing internal wire transfers and maintaining bank statements for reporting purposes Assist with ad-hoc projects as required Qualifications: Minimum 3 to 5 years’ experience within real estate accounting and reporting; preferably retail/commercial property accounting experience Post-secondary education specializing in Accounting, Business, Economics, Real Estate, or a related field CPA (CGA, CMA, CA) enrolment or designation preferred Strong proficiency in Microsoft Excel and working knowledge of Word and Outlook JD Edwards (JDE), GSS, and Tenant Share 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 faced 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. 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. Additional Information: 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 Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application. Hiring Range / Échelle salariale à l’embauche : $58,800.00 - $80,850.00 / 58.800,00$ - 80.850,00$ (per year / par an) A candidate’s experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for an existing vacancy. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L’expérience et les connaissances d’un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu’un candidat reçoit pour ce poste. Cette offre d’emploi concerne un poste vacant existant. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste. Choice Properties REIT is Canada’s leading diversified Real Estate Investment Trust. Led by an experienced management team, we are growing our retail portfolio of properties with necessity based grocery and pharmacy anchored retail real estate. The balance of the portfolio is comprised of high-quality industrial and office assets located in Canada’s largest markets. As a key business driver, the depth of our development pipeline creates immense value by capitalizing on a strong retail intensification program, combined with prime residential-focused mixed-use communities. Choice Properties is a unique Real Estate organization; we operate as a highly successful innovative environment where employees are encouraged to demonstrate their highly evolved ability to achieve success in a resilient team-like environment. A commitment to continuous learning and development is a strong part of our culture. Return to Home