Revenue Administrator

Primaris REIT; Fort McMurray; On-site; CAD 55,000 - 75,000; Full time

Job summary

Primaris REIT in Fort McMurray, AB seeks a Revenue Administrator to manage accounts receivable, collections, and tenant billing for our Peter Pond Mall. You will work with the Property Accountant and the Director, Accounts Receivable on financial reporting and lease administration.

The role requires 2+ years in accounting or property administration, knowledge of lease administration, and Good communication skills in a fast-paced environment.

Qualifications

• Bachelor's degree or college diploma in accounting/finance/business administration or related field.
• 2+ years in accounting or property administration.
• Experience in real estate or property management is an asset.
• Understanding of accounting principles, lease administration and collections.

Responsibilities

• Prepare monthly, quarterly and annual accruals and tenant billing.
• Update and audit tenant information for accuracy and timeliness.
• Manage accounts receivable, collections and rent roll reconciliation.
• Liaise with Property Accountant and Directors on financial reporting.

Skills

Accounts receivable

Lease administration

Yardi

Communication

Education

Bachelor's degree in Accounting

College Diploma in related field

Tools

Yardi

Job description

Primaris REIT is currently hiring a dedicated and enthusiastic Revenue Administrator to join our team at our Peter Pond Mall in Fort McMurray, AB. If you have a background in accounts receivable, have an understanding of property management and thrive in a dynamic, fast-paced environment, this exciting opportunity is perfect for you!

Vacancy Status

Replacement

As the Revenue Administrator, you will be responsible for daily, monthly, quarterly, and annual financial transactions for the property including accounts receivable, collections, monthly charges, year-end charges, and percentage rent. This role will work closely with the Property Accountant and the Director, Accounts Receivable on financial reporting and processes, and lease administration affecting the property by executing the following duties:

• Prepare monthly, quarterly, and annual accruals
• Update, maintain and audit all tenant information to ensure it is accurate and up-to-date
• Record and manage all negligent accounts including, but not limited to, accounts receivable reports, tenant statements, letters, and other correspondence
• Recommend bad debt allowances, and write offs for approval from the Property or General Managers
• Assist in the preparation of the monthly Asset Management Report
• Complete and submit the monthly audit package including the reconciliation of the monthly rent roll
• Review the lease administration lease for accuracy
• Prepare required documents and liaise with tenants on a regular basis to develop and maintain good working relationships
• Monitor sales report; analyze tenant sales and prepare monthly percent rent billings as required
• Process all tenant billings and rental notices including year-end statements and forward to tenants with appropriate back up information to minimize the incidence of outstanding accounts
• Address tenant inquiries regarding operating costs and realty tax
• Verify, collect and process rent due, adjustments and other payments from tenants in Yardi
• Update information on the aged accounts receivable report twice monthly
• Liaise with Property Accountant in relation to property revenues and expenses to ensure completeness and accuracy
• Maintain analysis of utility accounts and prepare timely billings to metered tenants
• Assist with the preparation and input of property budget(s) and reforecasts
• Process manual billings for service-related charges

Requirements

• Bachelor's degree or College Diploma in Accounting, Finance, Business Administration or a related field
• Minimum 2 years in accounting or property administration
• Experience in Real Estate or Property Management an asset
• Good understanding of accounting principles, lease administration and collections
• Yardi experience an asset
• Knowledge of insolvency proceedings an asset
• Strong communication and interpersonal skills

Join us and play a vital role in providing outstanding experiences to our valued customers and tenants. We are seeking individuals with a positive attitude, excellent communication skills, and a strong commitment to ensuring customer satisfaction.

Compensation

At Primaris, we believe in rewarding talent with competitive wages and total compensation package. Your compensation is thoughtfully determined based on factors such as location, job level, relevant education or training, experience, knowledge, skills, and abilities, while ensuring internal equity and alignment with market data.

Expected Salary Range

CAD $55,000– $75,000

Please note: This is the expected range for the position however, it should not discourage you from applying. If you believe you're a strong fit for the role, we encourage you to submit your application regardless of salary expectations.

Beyond salary, our total rewards approach reflects our commitment to recognizing your contributions and supporting your growth.

AI Use & Accommodation

To manage the large volume of applications, AI may be used in the recruitment process. If your qualifications align with the requirements of this role, you may be contacted for next steps.

Primaris REIT is an equal opportunity employer, committed to providing fair recruitment and employment practices to all employees and applicants. If you require accommodation for this role, please contact [e-mail].

Primaris is committed to accessibility for persons with disabilities in the course of employment, including in recruitment and hiring. If, as a result of a disability, you require accommodation in order to apply for this role and/or participate in the recruitment process, please contact [e-mail].

Primaris REIT is Canada's leading enclosed shopping centre-focused real estate investment trust. We own and operate a portfolio of 15.2 million square feet of dominant enclosed shopping centres valued at approximately $5.2 billion at Primaris' share. Our vision is to champion and elevate retail for Canadians by creating an exceptional experience for our customers while maintaining a strong presence in the industry.