SmartCentres REIT Logo

SmartCentres REIT

Receivables Associate

Posted 4 Days Ago
Be an Early Applicant
In-Office
Vaughan, ON, CAN
Senior level
In-Office
Vaughan, ON, CAN
Senior level
Manages tenant accounts receivable and collections for a commercial real estate portfolio. Responsibilities include collecting outstanding balances, reviewing tenant billings, preparing statements and default letters, completing CAM and tax reconciliations, coordinating with accounting, property management, legal teams and bailiffs, producing reports, resolving tenant account issues, and supporting process improvements.
The summary above was generated by AI

Job Title:         Receivables Associate

Reports To:     Manager, Accounts Receivables

Department:    Tenant Admin. & Collections

 

Summary

Assist in the area of Accounts Receivable including collection of receivables, preparation of statements and reporting.

 

Job Duties/Responsibilities:

  • Day to Day collections of your assigned tenant or portfolio (covering all aspects of collections);
  • Responsible for the collection of outstanding receivables while utilizing the leasing, construction and accounting staff to assist in resolving tenant issues and concerns etc.;
  • Assist in coordinating with bailiffs, lawyers etc.;
  • Liaise with Accounting, Revenue, Tenant Administration, Property Management, and Accounts Receivable to ensure all teams are working seamlessly and in conjunction with each other to build a cohesive structure to ultimately streamline processes and reduce errors and omissions;
  • Work closely with the Manager to ensure a solid understanding of tenant specific issues and play an integral role in reconciling and correcting these issues to the satisfaction of the related department heads.  
  • Review billings to tenants;
  • Preparation of tenant statements, letters, defaults etc.;
  • Fulfill reporting requirements to internal persons and outside partners;
  • Tracking of departmental Objectives to ensure we remain in line with corporate objectives and report monthly;
  • Attend receivables meetings, as required;
  • Special projects, as assigned.

 

Academic/Professional Requirements:

  • College Diploma and/or bachelor’s degree;
  • Additional designation and/or certification would be an asset.

 

Required Skills/Experience:

  • Minimum of five years of experience in A/R, Tenant Administration and Revenue Coordination;
  • Direct experience in commercial real estate accounting functions including but not limited to year end CAM and Tax reconciliations;
  • Flexible;
  • Able to multi-task;
  • University or college diploma would be an asset;
  • Team, dynamic and action-oriented;
  • Well Organized, detail-oriented;
  • Good oral and written communication skills with the ability to effectively communicate across all levels within and outside of the organization;
  • Intermediate excel skills;
  • Knowledge of Yardi would be an asset.

 

Expectations:

  • Support – The expectation is that the Receivables Associate will assist in the day-to-day collections of outstanding receivables as well as significantly reduce the number of days outstanding for monthly rents.  The Receivables Associate is expected to be an energetic and enthusiastic individual who demonstrates these qualities when performing their daily tasks. 
  • Ownership – The Receivables Associate is expected to demonstrate ownership qualities.  The Receivables Associate must ensure that tenant’s pay all amounts due under their leases and take pride in completing a task to the best of their ability.   
  • Process Improvement – The Receivables Associate is expected to assist the Director, Accounts Receivable to improve the current processes that will result in reduced receivables.

 

Values

The Receivables Associate must be client focused, advocate and communicate a positive image of the company, both internally and externally.  The Receivables Associate shall take accountability for decisions made and conduct oneself in a respectful and ethical manner in representing the Trust’s interests. The Receivables Associate shall demonstrate entrepreneurialism and behave like an “owner” in carrying out daily tasks and responsibilities; demonstrating creativity and resourcefulness in achieving desired results. The Receivables Associate is expected to be a team player and work effectively with colleagues and associates in terms of input, sharing of ideas and working to achieve common goal.

 

The expected base pay range is: $50,000-$65,000.  The base pay range is for the primary location for which the job is posted.  SmartCentres values the contribution of our Associates, and our individual salaries may vary based on the geographical location of successful candidates, as well as their experience, qualifications or skills.

 

Smartcentres does not use artificial intelligence (AI) tools in its own applicant tracking system, and all hiring decisions are made by our recruitment / hiring team.  AI may be used by external platforms or third-party agencies during the application process. Applicants should be aware that such external platforms operate independently of the employer.

 

The role posted is for an existing, active vacancy.

 

We are an equal opportunity employer committed to an inclusive and accessible recruitment and selection process. If you are contacted about an employment opportunity, please advise if you require accommodation.

HQ

SmartCentres REIT Vaughan, Ontario, CAN Office

Vaughan, Canada

Similar Jobs

2 Hours Ago
Hybrid
Toronto, ON, CAN
Senior level
Senior level
Fintech • Machine Learning • Payments • Software • Financial Services
Leads fulfillment and customer experience process operations for credit card customers. The role drives operational excellence, compliance, automation, data-informed transformation, vendor partnerships, performance management, and cross-functional initiatives. This leader establishes management systems for KPIs, quality, capacity, and budgets while developing high-performing operational teams and influencing enterprise strategy.
Top Skills: AgileAIAlteryxLean Six SigmaPower BISaaSSQL
3 Hours Ago
Hybrid
Toronto, ON, CAN
Senior level
Senior level
Information Technology
Drives revenue growth through partner-focused sales initiatives, pipeline creation, opportunity development, and strategic business development. Serves as a subject matter expert and liaison among sales teams, solution architects, customers, and technology partners. Delivers sales enablement, manages partner relationships, supports quoting and pricing, advances opportunities, and executes joint go-to-market initiatives while meeting revenue, profit, and customer acquisition targets.
Top Skills: Salesforce CRM
3 Hours Ago
Hybrid
Toronto, ON, CAN
Junior
Junior
Information Technology
Drives Apple sales growth by supporting account managers, advising customers, managing partner relationships, and providing Apple product expertise. Supports presales consultations, opportunity development, quotes, customer presentations, sales enablement, training, marketing campaigns, partner events, and pipeline reporting. Builds relationships with Apple channel teams and promotes Apple hardware, software, deployment, lifecycle, financing, and professional services solutions.
Top Skills: AppleApple Business ManagerApplecareCrm ToolsMicrosoft 365Mobile Device Management (Mdm)

What you need to know about the Toronto Tech Scene

Although home to some of the biggest names in tech, including Google, Microsoft and Amazon, Toronto has established itself as one of the largest startup ecosystems in the world. And with over 2,000 startups — more than 30 percent of the country's total startups — Toronto continues to attract new businesses. Be it helping entrepreneurs manage their finances, simplifying business operations by automating payroll or assisting pharmaceutical companies in launching new drugs, the city's tech scene is just getting started.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account