Senior Accounts Receivable Accountant
The Senior Accounts Receivable Accountant is accountable to the Supervisor/Manager, 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.
DUTIES AND RESPONSIBILITIES
- Accounts Receivable and Collection
Completes a wide range of functions including assisting with FASB inquiries. Initiates collection activities on own portfolio and assists with difficult collections for other AR roles. Back-up for AR Supervisor and AR Accountants to ensure accurate and timely recording in compliance with policies and procedures.
- Bank Deposits and Cash Receipts
Ensures all payments (EFTs and cheques) and accounts receivable information is accurately recorded on a daily basis. Verifies banking activity has been accurately posted (within the system and various bank accounts).
- Sales Overage (Retail)
Monthly, generates billing, proof format for approval and finalizes tenant billings. At year end, role reviews certified sales and adjusts YTD to reconciled reported sales.
- Monthly, Quarterly, and Yearly reconciliations
Monthly/Quarterly/Yearly reconciliation of various revenue accounts, investigating and rectifying any discrepancies and following up with appropriate action.
- Tenant Refunds and Provisions and Write-Offs
Prepares tenant refunds, provisions, and write-offs, ensuring due diligence of provisions received from Property Management, receipt of all approvals in compliance with company policies and procedures.
- Collections Record Keeping
Maintains trust account documents (last month’s rent, etc) for various properties, maintains filing system of all documents related to the collection of accounts receivable such as invoices, deposits, and rent rolls in order to facilitate periodic review and audit processes.
- Property Coordination
Assists Property Managers and office staff with day-to-day questions. Meets monthly with operations for Office/Industrial portfolios to discuss Aging AR.
- DEFT Generation
Generates monthly a DEFT (debit electronic funds transfer) rent roll to ensure all tenancies and vacancies have been accounted for and all funds have been transferred accordingly and in a timely fashion.
- Informal coaching of staff
Assists with on-the-job training, and coaching of accounts receivable personnel.
- Special Projects
Assists or completes ad hoc projects assigned by supervisor or Manager or assists with periodical testing of new accounts receivable functions.
Skills, Knowledge, Experience and Education
- College Diploma in Accounting or Business Administration or equivalent
- Minimum 3 years of relevant accounting experience or equivalent
- Intermediate to advanced working knowledge of MS Office applications
- Excellent communication skills (both written and verbal)
- Good quantitative analysis skills
- Good organizational skills
- Strong analytical skills and attention to detail
- Coaching/mentoring skills and ability to deliver desk-side training
We thank all applicants for their interest; however, only those selected for an interview will be contacted.AGENCY NOTICE: Please note that Morguard does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Services Agreement with agency/recruiter, Morguard will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement and advanced solicited services from a Morguard employee, Morguard explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency.
- Practical knowledge of JDE Edwards and/or Yardi is an asset.
- Previous experience in Property Management (retail and commercial/industrial) industry is an asset.
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 email@example.com or (905) 281-3800.