Real Estate Analyst

  • CAPREIT
  • Vancouver, British Columbia, Canada
  • Jul 31, 2022

Job Description

Title: Real Estate Analyst

Reports To: Regional Controller

Position Summary: Prepares and maintains accounting records which includes monthly accounting entries and financial statement review, balance sheet reconciliations and P&L analysis.

Provide end to end accounting, financial statements, budgeting and analysis support to Operational Managers as well as financial support to Head Office located in Vancouver, BC.

Responsibilities:

Financial Due Diligence
  • Prepare monthly financial statements and variance analysis for a group of properties
  • Responsible for end to end accounting for selected buildings (business unit) which includes:
    1. Preparation of monthly journal entries
    2. Preparation of monthly account analysis including asset, liability and P&L accounts
    3. Monthly review of Accounts Receivable, Last Month Rent and Last Month Rent interest sub ledgers
    4. Ensure compliance of petty cash policy
  • Preparation, review and coordination of annual budget in conjunction with OM, Sr Real Estate Analyst and Regional Controller
  • Maintain proper quarterly and year end accounting working paper files
  • Recommend changes to procedures and policies, as required


Revenue/Treasury
  • Monthly review and analysis of key operating reports
  • Reconcile Security Deposit and coordinate with Treasury Manager on their investment

Other
  • Provide financial guidance to Regional Procurement Specialist, Revenue Specialist, Operations Mangers, AVP/MD, Operations
  • Advise system issues & make recommendations for enhancements
  • Work with Head Office on acquisition setups and system integration testing
  • Handle queries from Operations staff & auditors
  • Annual rent rebate computation, related system update and letters to residents
  • Other projects or financial responsibilities as assigned by Controller and SRAM


Qualifications
  • Preferably pursuing the CPA designation
  • 1-3 years minimum relevant industry experience with full cycle accounting experience
  • Well organized, responsible, deadline oriented, flexible and able to multi-task
  • Ability to work in a cross functional environment
  • Excellent communication skills, written and verbal
  • Proficiency in excel is a requirement