Utility Accountant (*1 Year Contract*)

Job title: Utility Accountant (*1 Year Contract*)

Company: Capreit

Job description: :Title: Utility Accountant (*1 Year Contract*)Reports To: Manager, Utilities AccountingPosition 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 RAM and RS on tenant charge backs, where applicable

Management of Utility Data

• Generate a utility file once a month and send to Utility consultant for assessment of required monthly accrual
• Monitor utility schedules on the Consultant’s Utility Portal
• Work with Consultant and Controller 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 do a first level review of the data based on thresholds before passing and sending to the Controller for review and sign off of accrual file
• 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

Budgeting

• Assess and review Consultants proposed budgets and validate rate changes
• Responsible to collect data for new acquisition and provide budget for same

Rebate Programs

• File, monitor and track Boiler rebates

Other duties

• Responsible for month end binders
• Other projects as assigned by the Controller
• Review utility invoices, post for co-workers during their vacation time (cover-up)

Qualifications:

• College diploma or University degree in Accounting or Business
• A minimum of 2 years of related experience
• 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

Expected salary:

Location: Toronto, ON

Job date: Thu, 31 Jul 2025 06:44:18 GMT

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