OMERS | Senior Analyst, Lease Accounting

Responsibilities

• The role will be part of a high-reaching team that values people development and long-term growth, and will be responsible for tasks such as completing recovery calculations, assisting various teams with lease setups, and providing financial analysis.
• Review and Interpretation of Lease Documents.
• Track all leasing activity for assigned portfolio.
• Review and interpret lease documents to ensure accurate tenant billings.
• Ensure accurate lease setup in the accounting system.
• Assist property management teams in investigating and responding to tenant queries or disputes.
• Ensuring accuracy of recoveries during month end, final billing and the annual budget process.
• Identifying, recommending, and implementing process and system improvements.
• Providing accounting with variance commentary.
• Assist asset management, legal and leasing teams, ensuring deals are drafted to maximize recoveries.
• Providing financial analysis to determine the impacts of selected exception deals and recovery ratios.
• Assist property managers in analyzing leasing impacts on rates.
• Completing recovery calculations within the Common Area Maintenance (CAM), utility and property tax models
• Post monthly recovery accrual
• Setting up tenant recovery models for new properties as required
• Support of Business Partners
• Process improvement and Systems Optimization - Analyze inefficiencies to enhance CAM/Recovery models, improve control and optimize how data moves through internal systems

Requirements

• Stakeholder Management and Influencing Skills.
• Have an understanding of accounting concepts as it relates to the real estate industry.
• Highly proficient in Microsoft Excel and have strong financial analytical and problem-solving skills.
• Excellent communicator in both written and verbal form.
• Embrace collaborative sharing of knowledge within a teamwork environment.
• Have experience working with large ERP systems, preferably JD Edwards/Yardi.
• While AI assists us in our process, human judgment and decision-making remain central to our candidate experience.
• Preferred Skills and Experience
• Detail oriented and focused on accuracy

OMERS

OMERS is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "Established in 1962, OMERS is one of Canada's largest defined benefit pension plans offering employer-matched contributions."

Its finance, accounts, audit and tax openings in India are mostly in Toronto.

• Industry: BFSI / Investments / Insurance