Director, Accounts Receivables

Toronto, ON M5C 2V9 | Direct Hire

Job ID: 55328 Industry: Accounting

Director, Accounts Receivable (Real Estate)

 Salary up to $140,000 + 3 Weeks Vacation + Generous Bonus + Benefits!!!

Our Client, a leader in the retail real estate industry with holdings across Canada, seeks a Director, Accounts Receivables.  In this independent contributor role that is newly created due to growth, you will create and enhance the Account Receivables structure, process, procedures, and best practices.  The purpose of the role is to set up internal AR controls; maximize AR collections while maintaining excellent customer relations; efficient reporting systems and manage bankruptcy proceedings.  If you are a highly detail oriented individual with experience in the Real Estate sector, then we want to hear from you!

Responsibilities

  • Work with the General Managers and Property Administrators to create specific collection objectives
  • Negotiate with tenants, ensuring professional relationships are established and maintained with all third parties
  • Continuously improve all aspects of Accounts Receivable functions and processes through planning, implementation and evaluations
  • Schedule regular meetings with internal team members to review and focus on the monthly Aging Report
  • Work with the General Managers and Property Administrators to prepare letters in accordance with lease provisions
  • Create a master list to track collection concerns with existing and potential tenants and maintain records of all negligent accounts
  • Create standard reports and prepare monthly analysis of outstanding rent to ensure objectives are being achieved 
  • Oversee all aspects of bankruptcy files for tenants and work with the Legal Department for preparation and review of necessary documents
  • Provide recommendations to Finance and Asset Management on provisions for bad debts
  • Offer recommendations to assist with write off arrears that have previously had provisions associated with them
  • Review and monitor the percentage rent calculations performed by Property Administrators
  • Conduct quarterly analysis on KPI metrics to ensure benchmarks are met
  • Other duties as assigned

Qualifications

  • Post secondary education in Accounting, Business Administration, or a related field
  • Three or more years' experience in an Accounts Receivables or Collections environment
  • Real Estate Industry experience, preferably working with Retail Portfolios strongly preferred
  • Working experience with an ERP software, preferably MRI or Yardi
  • Excellent organizational skills and ability to multi-task while meeting strict deadlines
  • Excellent communication skills, both verbal and written
  • Proven analytical skills

To Apply:     

To apply, please click Apply Online or submit your resume by email to: LJAresume@bagg.com

View all of our job postings at www.bagg.com 

Accommodations are available upon request to support your participation during all stages of the recruitment process.

                                                                               


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