Utility Accountant (*1 Year Contract*)

CAPREIT Apartments; Toronto; On-site; CAD 60,000 - 75,000; Full time

Job summary

A real estate management company in Toronto is seeking an experienced Utility Accountant for a 1-year contract. The successful candidate will manage utility data, ensure accurate financial reporting, and interact with utility providers. Candidates should have a degree in Accounting or Business and a minimum of 2 years of experience. Strong Excel skills are essential for this role.

Qualifications

• Minimum of 2 years of related experience.
• Strong analytical and problem solving skills.
• Ability to work under tight deadlines and multi-task.

Responsibilities

• Manage and validate utility data and monthly financial reporting.
• Review utility batches and ensure accuracy.
• Coordinate with utility companies on billing issues.

Skills

Analytical skills

Problem solving

Effective communication

MS Excel

Education

College diploma or University degree in Accounting or Business

Tools

SAP

Job description

Title: Utility Accountant (*1 Year Contract*)

Reports To: Manager, Utilities Accounting

Position Summary: Management and validation of utility data and monthly financial reporting as it pertains to the assigned utility.

Responsibilities:

Processing of Utility Bills

• Review utility batches and release into the system ensuring accuracy of payee, amount, cheque date, consumption, charges
• Validate property address, invoice amounts and rate charges
• Liaison with the utility companies on late payment charges and other billing issues
• New/sold property billing issues
• Coordinate with RAM and RS on tenant charge backs, where applicable

Management of Utility Data

• Generate a utility file once a month and send to Utility consultant for assessment of required monthly accrual
• Monitor utility schedules on the Consultant's Utility Portal
• Work with Consultant and Controller on billing issues
• Assist in developing internal reporting /quarterly reports
• Correspond and resolve any issues with the data provided by the Consultant on a monthly basis
• Reconcile annual Utility contracts
• Validate & recommend volumes for renewing utility contracts, where applicable

Financial Reporting

• Coordinate the receiving of the monthly accrual file, assess and do a first level review of the data based on thresholds before passing and sending to the Controller for review and sign off of accrual file
• Generate the accrual JE and release into the system
• Ensure any monthly accrual issues are resolved in the following month
• Report variances with explanations on a consolidated basis, actual versus budget
• Preparation and reporting of quarterly report of utility consumption, rate and cost vs LY’s quarter by province

Budgeting

• Assess and review Consultants proposed budgets and validate rate changes
• Responsible to collect data for new acquisition and provide budget for same

Rebate Programs

• File, monitor and track Boiler rebates

Other duties

• Responsible for month end binders
• Other projects as assigned by the Controller
• Review utility invoices, post for co-workers during their vacation time (cover-up)

Qualifications:

• College diploma or University degree in Accounting or Business
• A minimum of 2 years of related experience
• Strong analytical and problem solving skills
• Ability to work under tight deadlines, multi-task and prioritize
• Ability to communicate effectively, both oral and written
• Must have strong working knowledge of MS Excel
• SAP experience would be an asset