CAPREIT Apartments

Intern, Utility Accounting


PayCompetitive
LocationToronto/Ontario
Employment typeOther

This job is now closed

  • Job Description

      Req#: 13339

      Reports To: Accounting Manager

      Position Type: Internship, *4 month term*

      Position Summary: Management and validation of utility data and monthly financial reporting as it pertains to the assigned utility.

      Responsibilities:

      Processing of Utility Bills

      Review utility batches and release into the system ensuring accuracy of payee, amount, cheque date, consumption, charges.

      • Validate property address, invoice amounts and rate charges.
      • Liaison with the utility companies on late payment charges and other billing issues.
      • New/sold property billing issues.
      • Coordinate with Property Accounting team on tenant charge backs, where applicable.

      Management of Utility Data

      Generate monthly utility files and send to Utility consultant for assessment of required monthly accruals.

      • Work with Property Accounting team on billing issues.
      • Assist in developing internal reporting /quarterly reports.
      • Correspond and resolve any issues with the data provided by the Consultant on a monthly basis.
      • Reconcile annual Utility contracts.
      • Validate & recommend volumes for renewing utility contracts, where applicable.

      Financial Reporting

      Coordinate the receiving of the monthly accrual file, assess, and complete a first level review of the data against budgeted values.

      • Generate the accrual JE and release into the system.
      • Ensure any monthly accrual issues are resolved in the following month.
      • Report variances with explanations on a consolidated basis, actual versus budget.
      • Preparation and reporting of quarterly report of utility consumption, rate, and cost vs LY’s quarter by province.

      Qualifications:

      • In progress or completed College diploma or University degree in Accounting or Business.
      • Strong analytical and problem-solving skills.
      • Ability to work under tight deadlines, multi-task and prioritize.
      • Ability to communicate effectively, both oral and written.
      • Must have strong working knowledge of MS Excel.
      • SAP experience would be an asset.

  • About the company

      Canadian Apartment Properties Reit is an apartment real estate investment trust, the largest of its kind in Canada.

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