About the role
Title: Treasury Analyst
Reports To: Manager, Financing
Position Description: Our team is looking for a Treasury Analyst, who is responsible for facilitating all aspects of daily treasury operations, providing accurate cash reporting and assisting with bank structure management. The treasury analyst position will offer great exposure by working cross-functionally with Finance, Corporate Accounting, Accounts Payable, FP&A and the Tax team to achieve different objectives.
Responsibilities
- Monitor and analyze the company’s daily cash position to cover cash commitments and coordinate/optimize the short-term borrowing or investments
- Adhere to month-end cut-off schedules for reconciliations of all cash-related accounts, all month-end processes, and all related journal entries
- Execute wire transfers with regards to invoice payments, property acquisition deposits and closing dues, dividend distribution and mortgage discharges, complete the callback process before initiating wires
- Support corporate accounting, investments, tax, FP&A, internal audit and other functions as they relate to Treasury transactions and entity structures
- Act as a treasury liaison with the company’s business units in setting up new banking accounts, services, and handling bank inquiries and related matters
- Provide information in connection with the external audits and monitor cash management activities to ensure compliance
- Recommend and implement solutions to strengthen operational controls and incorporate best practices
Job Requirements And Qualifications
- 1-3 years of corporate treasury experience, preferrable in the real estate industry
- Bachelor’s degree in Accounting, Finance or Business Administration
- Good communication skills, written and verbal
- Ability to multi-task in a fast-paced environment
- Must be well-organized and detail-oriented
- Ability to work independently and collaboratively
- Good communication skills, written and verbal
- Experience with SAP or Yardi preferred
About CAPREIT
The Best Place to Live, Work and Invest.
For over 25 years, Canadian Apartment Properties REIT has grown from owning 2,900 apartment suites in Ontario to owning approximately 47,900 residential apartment suites, excluding assets held for sale, as of September 30, 2024. We have expanded and diversified across Canada’s strongest urban growth markets, as well as into Europe, and our portfolio has grown to approximately $15.1 billion of investment properties, excluding assets held for sale, as at September 30, 2024.
Quality Accommodations across Canada
At CAPREIT we treat our residents with the utmost respect and strive to meet their needs well beyond their rental apartment. The reason for our success is simple: We’re all about building happy, supportive, thriving communities that are friendly and welcoming. At the heart of our apartments, townhomes, and land lease communities are our residents. So that’s where our care starts. Visit one of our rental properties and find out for yourself why our units are so sought after. You may just make one your home.
Professional Management Team
We offer a professional, dedicated team with a unique proactive management style. CANADIAN APARTMENT PROPERTIES • REIT is a growth-oriented investment trust mandated to provide a safe, happy home to our thousands of residents and provide investors with long-term, predictable returns and cash distributions.
About the role
Title: Treasury Analyst
Reports To: Manager, Financing
Position Description: Our team is looking for a Treasury Analyst, who is responsible for facilitating all aspects of daily treasury operations, providing accurate cash reporting and assisting with bank structure management. The treasury analyst position will offer great exposure by working cross-functionally with Finance, Corporate Accounting, Accounts Payable, FP&A and the Tax team to achieve different objectives.
Responsibilities
- Monitor and analyze the company’s daily cash position to cover cash commitments and coordinate/optimize the short-term borrowing or investments
- Adhere to month-end cut-off schedules for reconciliations of all cash-related accounts, all month-end processes, and all related journal entries
- Execute wire transfers with regards to invoice payments, property acquisition deposits and closing dues, dividend distribution and mortgage discharges, complete the callback process before initiating wires
- Support corporate accounting, investments, tax, FP&A, internal audit and other functions as they relate to Treasury transactions and entity structures
- Act as a treasury liaison with the company’s business units in setting up new banking accounts, services, and handling bank inquiries and related matters
- Provide information in connection with the external audits and monitor cash management activities to ensure compliance
- Recommend and implement solutions to strengthen operational controls and incorporate best practices
Job Requirements And Qualifications
- 1-3 years of corporate treasury experience, preferrable in the real estate industry
- Bachelor’s degree in Accounting, Finance or Business Administration
- Good communication skills, written and verbal
- Ability to multi-task in a fast-paced environment
- Must be well-organized and detail-oriented
- Ability to work independently and collaboratively
- Good communication skills, written and verbal
- Experience with SAP or Yardi preferred
About CAPREIT
The Best Place to Live, Work and Invest.
For over 25 years, Canadian Apartment Properties REIT has grown from owning 2,900 apartment suites in Ontario to owning approximately 47,900 residential apartment suites, excluding assets held for sale, as of September 30, 2024. We have expanded and diversified across Canada’s strongest urban growth markets, as well as into Europe, and our portfolio has grown to approximately $15.1 billion of investment properties, excluding assets held for sale, as at September 30, 2024.
Quality Accommodations across Canada
At CAPREIT we treat our residents with the utmost respect and strive to meet their needs well beyond their rental apartment. The reason for our success is simple: We’re all about building happy, supportive, thriving communities that are friendly and welcoming. At the heart of our apartments, townhomes, and land lease communities are our residents. So that’s where our care starts. Visit one of our rental properties and find out for yourself why our units are so sought after. You may just make one your home.
Professional Management Team
We offer a professional, dedicated team with a unique proactive management style. CANADIAN APARTMENT PROPERTIES • REIT is a growth-oriented investment trust mandated to provide a safe, happy home to our thousands of residents and provide investors with long-term, predictable returns and cash distributions.