Property Administrator

Who we are:

Canderel is a top real estate company known for its expertise in commercial, residential, and investment partnerships. We excel in delivering innovative solutions and outstanding value across all areas of real estate. Dedicated to creating vibrant, sustainable communities, we enhance the lives of residents, tenants, and partners through creative thinking and exceptional execution. Committed to diversity and inclusion, we actively welcome applications from individuals of all backgrounds, including those from BIPOC (Black, Indigenous, and People of Color) and LGBTQ+ communities.

Location:

Montreal, Québec

Reports to:

Catherine-Geneviève Paquet

Summary:

Canderel is seeking an experienced Property Administrator based in Montreal. The Property Administrator is a key member of the property management team for Class A buildings in downtown Montreal.

Responsibilities:

• Prepare OPEX and CAPEX budgets according to the annual budget guide and the instructions from the property management teams
• Analyze the impact of depreciation on operating expenses
• Review and forward the monthly and year-end accrual list to accounting and follow up on the reversal of year-end accruals
• Generate and validate the rent register monthly
• Calculate monthly gross-up entries (electricity, cleaning, and vertical transportation)
• Quarterly analyze and explain budget variances in the financial statements of the properties
• Analyze and prepare the 13th invoices, respond to customer inquiries
• Analyze merchant sales monthly, identify and follow up on missing sales
• Process percentage rent billing
• Supervise and control accounts receivable monthly
• Update the building area chart (BOMA measurement) and cleaning area charts
• Identify, calculate, and submit for approval provisions for bad debts and write-offs
• Perform analyses, reconciliations, and audits of accounting accounts, customer accounts, and service requests
• Issue adjustment invoices as needed
• Establish and process sub-metering billing for electricity and gas
• Establish and process billing for municipal and school taxes
• Prepare rent memos for certain tenants according to the lease terms

Qualifications & Competencies:

• Minimum of 3 years of experience in an administrative role in the real estate accounting field, preferably;
• Excellent knowledge of Microsoft Office; Practical knowledge of YARDI and ANGUS accounting systems;
• Client and customer-oriented;
• Excellent written and verbal communication skills;
• Promotes a team work environment with a positive and professional attitude;
• Goes the extra mile to understand and meet customer needs;
• Flexibility in the face of changing working conditions, including interruptions, and the ability to multitask;
• Ability to work independently and under pressure, and meet deadlines.

Canderel is an equal opportunity employer. We believe a diverse and inclusive workforce drives innovation and makes our company stronger. We are committed to fostering a safe and positive environment that respects people’s dignity, ideas, and beliefs. We are pleased to consider all qualified applicants to join our team as we continue to grow and build a strong and varied workforce reflective of today’s diverse world.