Tenant Billing Analyst
About the job
- A university degree in Business Administration, Accounting, or Economics is required.
- At least 5 years of experience in recovery accounting or property accounting is required.
- Proficiency in Microsoft Word, Excel, and Outlook is required.
- Ability to read and interpret lease agreements is required.
- Strong written and verbal communication skills are required.
- Strong organizational skills and attention to detail are required.
- Audit lease provisions related to Common Area Maintenance, property tax, and percentage rent, and prepare calculations to ensure compliance with lease terms.
- Enter approved calculation methodologies into the ERP system.
- Maintain and update tenant billing methodologies in the ERP system to ensure accuracy and completeness.
- Participate in the annual budget process by calculating, reviewing, and analyzing estimated charges.
- Calculate and issue final year-end reconciliation invoices.
- Update percentage rent schedules with monthly sales data and generate percentage rent invoices.
- Assist Property Management in resolving tenant inquiries related to reconcilable charges.
- Calculate property tax refunds and issue related invoices to tenants.
- Perform miscellaneous tasks and ad hoc analyses, and participate in special projects as assigned.
- Yardi experience is preferred.
About the company
RioCan is a large Canadian real estate investment trust that owns and develops a portfolio of properties, mainly shopping centers and mixed-use spaces, in high-density areas. It generates income by leasing spaces to retailers, residents, and commercial tenants, and by developing new properties through its development pipeline. Its products are the spaces it owns and manages, including shopping centers and mixed-use buildings, which generate revenue from leases and tenant services. RioCan differentiates itself with a 30-year track record, a broad, adaptable portfolio focused on high-density markets, and a continuous pipeline of development opportunities designed to respond to market trends. The company aims for long-term growth and value creation for tenants, partners, and unitholders by strengthening its market position and delivering vibrant places where people can shop, live, work, and play.
Company Size
201-500
Company Stage
IPO
Headquarters
Toronto, Canada
Founded
1993
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Simplify's Take
What believers are saying
- August 4, 2026 Core FFO rose 5.3% to C$0.40 per unit.
- RioCan completed C$280.5 million of 2026 dispositions, nearing its C$1.3 billion target.
- DBRS kept RioCan at BBB and changed the trend to Positive on February 25, 2026.
What critics are saying
- Debt-to-equity reached 95.37, leaving RioCan exposed to refinancing shocks.
- August 4, 2026 revenue fell short of forecasts, despite stronger leasing.
- If retail leasing weakens in 2027, dividend coverage tightens and equity funding returns.
What makes RioCan unique
- RioCan owns Canada’s necessity-based retail nodes in Toronto, Montreal, and Vancouver.
- August 4, 2026 occupancy hit 98.8%, showing durable tenant demand.
- RioCan monetizes residential assets while keeping retail cash flows and redevelopment optionality.
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Benefits
- Health Insurance
- Dental Insurance
- Health Savings Account/Flexible Spending Account
- Flexible Work Hours
- 401(k) Retirement Plan
- 401(k) Company Match
- Paid Vacation
- Parental Leave
- Employee Discounts
- Professional Development Budget