Position Overview:
The Analyst, Real Estate Finance & Operations (“Analyst”) is responsible for assisting in all areas required to properly maintain all necessary records, documents, and schedules relating to operating expense recoveries. The Analyst has immediate responsibility for overseeing all administrative activities associated with Common Area Maintenance (CAM) Reconciliations, which includes, among other duties, contract billings to 3rd-party associations, setup and maintenance of recovery pools, commercial lease review and analysis, and various ad hoc projects supporting the Real Estate Finance & Operations team. The Analyst is responsible for all Real Estate tax and insurance reconciliations and direct billings.
Key Responsibilities:
Administration:
- Analyze and interpret Leases, Amendments, and Title documents relating to CAM obligations and update key fields within Yardi.
- Assist team leads in issuing annual CAM reconciliations, supporting documents, and updating recovery estimates.
- Provide follow-up with tenants on delinquencies and update accounts receivable notes and trackers.
- Accommodate various requests for information relating to third-party management.
- Represent Real Estate Finance and Operations as the point of contact for all tenant inquiries involving CAM payments, reconciliations, supporting documents, disputes, and related items.
Recoveries:
- Contributes to the execution of over 4,500+ insurance and tax direct billings, leveraging business process automation.
- Responsible for performing insurance and tax reconciliations.
- Review 3rd-party management reconciliations for completeness and accuracy. Compare all required backup against governing title documents, i.e., OEA’s, REA’s, POA’s, and CC&R’s.
- Maintain fixed CAM schedules and coordinate all updates with the Lease Administration Team.
- Assist the Revenue Accounting Supervisor in the reviewing of monthly receipting of NNN rents along with periodic ledger audits.
- Aid in the resolution of outstanding reconciliations and payments.
- Support Property Management in billing Tenants for direct reimbursable expenses.
- Update CAM tracking tools and prepare various reports for recurring meetings.
Billings & Support:
- Obtain, review, and update W9s and proof of insurance for all 3rd-party associations and management entities.
- Review and process 3rd-party Association invoices through Yardi workflows. Update recurring invoice templates.
- Maintain all 3rd-party contact information and act as a representative for matters relating to payments, disputes, and service requests.
- Enhance Microsoft Power BI to accurately reflect the status of CAM 3rd-party invoice payments, Insurance Reconciliations, TAX reconciliation, and CAM reconciliation, ensuring real-time visibility and informed decision-making.
Qualifications:
Knowledge, Skills, and Abilities:
- Competency in tenant ledgers and general ledger accounting.
- Ability to identify information to clarify a situation, seek that information from appropriate, multiple sources, and use skillful questioning to abstract the information.
- Ability to recognize discrepancies and inconsistencies in available information.
- Ability to organize complex information and materials for others.
- Strong oral and written communication skills.
- Ability to cultivate and maintain positive, working relationships.
- Highly dependable, demonstrates initiative and strong organizational skills, is detail-oriented, and has a desire to learn and take on increasing responsibility over time.
- Demonstrates integrity and commitment to the highest ethical standards and personal values.
- Strong knowledge of and ability to use Microsoft Office, specifically Outlook, Word, Excel, and PowerPoint.
Education and Experience:
- Bachelor’s Degree in Accounting, Finance, Business Administration, or related field.
- 5 years related work experience with tenant ledgers and general ledger accounting.
- Real estate industry or Real Estate Investment Trust (REIT) experience preferred.
- Yardi experience preferred.
What you will get in return:
The hourly rate for this role is in the range of $29.72 - $39.65 ($61,818 - $82,454). You may be eligible for an annual discretionary bonus and an annual discretionary stock award, (dependent on date of hire) to be discussed during the initial phone interview. Base salary and total compensation package determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.
Most US-based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 8.66 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time.
#J-18808-Ljbffr
