Bilingual AR
Key responsabilities
- Monitor incoming payments via cheques or EFT through reconciliation of remittance or payment advice notices from Tenants and bank posting and apply payments against the invoice on each lease record
- Reconcile payments applied to bank activity/cash received
- Reconcile historical payments and identify catchup payments required (if any) when a lease contract is amended, or a new lease is set-up
- Perform analysis on excess payment, unapplied and unidentified cash to resolve and apply to outstanding receivables
- Perform collection & recovery process which includes sending notice of arrears, demand letters to tenants with aging receivable report
- Perform monthly invoice run and variance analysis review
- Review chargeback invoices and enter schedule in the lease administration system
- Review rental advice notices and enter adjustments on rent schedule in the lease administration system
- Perform lease abstraction including but not limited to new leases, renewals, amendments, CPI adjustments, holdover and auto-renewals
- Prepare monthly reports and ad hoc reports as needed
- Respond to tenants inquiries via email
Requirements
Professional context
Lease administration or accounts receivable experience
Knowledge in reviewing the relevant lease terms and provisions
Basic bookkeeping and accounting knowledge
Hands-on experience involving collections and recoveries of outstanding receivables from tenants
