IO’s Finance, Technology, and Lending Enterprise Team ensures that IO is a financially efficient and effectively managed organization and that the agency’s finances are monitored, reported, and managed appropriately.

POSITION SUMMARY:

Reporting to the Manager, Accounts Receivable, the Accounts Receivable Analyst will be part of the GREP Finance team that ensures timely and accurate recovery of Ministry funded projects and collection of billings to clients.

• Operationalize the client billing process for project related activities for the General Real Estate Portfolio (GREP), including the timely and accurate billing of the monthly project value of work to the ministries.
• Operationalize and consolidate accounts receivable reporting for GREP, including those maintained by the service provider through their A/R subledger; preparing summary reports with meaningful insights and analysis, follow up with ministries and other clients on a timely basis.
• Support manager to ensure appropriate internal controls are maintained over all accounts receivable processes, escalating and investigating any discrepancies.
• Prepare GREP’s monthly NTR report for AR Manager review and Finance Director approval and then submit to MOI Controllership
• Prepare monthly Consolidated Revenue Fund remittance for GREP based on NTR submission for that month
• Prepare monthly Non-ORM Funding Request (including Capital Repair Program) to Ministry of Infrastructure – Realty Division
• Prepare aged accounts receivable reports with meaningful insights to the client management and project management teams for follow up and escalation with the ministries and agencies.
• Prepare quarterly inter-ministry reconciliation reports with additional details in the Province’s format to send out to ministries with and Agency clients for reconciliation and confirmation.
• Prepare A/R and Revenue details for the annual public accounts reporting
• Ensure A/R subledgers are reconciled to the GL, to ensure completeness and accuracy of transactions recorded in the GL.
• Assist in special assignments, including financial systems and new service provider integrations.