Recoveries Analyst, Commercial Real Estate jobs in United States
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IRG Realty Advisors, LLC ยท 1 day ago

Recoveries Analyst, Commercial Real Estate

IRG Realty Advisors (IRG RA) provides comprehensive commercial real estate solutions and is currently the largest management services company headquartered in Ohio. The Recovery Analyst will help develop and implement a Recoveries Program for the commercial/industrial portfolio, conducting CAM reconciliations to ensure compliance with tenant lease terms and collaborating with Property Management and Accounting to identify potential savings for clients.

Commercial Real EstateProperty DevelopmentProperty ManagementReal Estate

Responsibilities

Works with Recovery Manager on 'Best Practice' of completion of annual true up process
Reviews, compares, and analyzes CAM, insurance, tax, and other operating expenses to ensure billings to tenants are in compliance with lease clauses
Works with Property Accountant(s) and Property Manager(s) on requests for additional information, back-up, and recommendations
Prepare and/or review CAM and operating expense reconciliations/recoveries for accuracy, ensuring the tenant is being charged properly
Assists in the Annual Estimate, Budget, and CAPX processes to name a few
Various other tasks as assigned

Qualification

AccountingFinancial analysisExcelLease analysisAnalytical skills

Required

2+ years experience required
Ability to comprehend, analyze, and interpretation of complex tenant lease language. Requires analytical and quantitative skills
Requires knowledge of financial terms; able to calculate formulas and conduct overall analysis between reconciliations and lease language
Excellent Excel, written, and analytical skills, in preparing reports, reconciliations, audits, and correspondence

Preferred

Bachelor's degree in Accounting, Finance, or Real Estate preferred or equivalent work experience

Company

IRG Realty Advisors, LLC

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IRG Realty Advisors provides comprehensive commercial real estate solutions for corporations, owners/investors, institutional and governmental clients.

Funding

Current Stage
Growth Stage

Leadership Team

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Mark Miley
Senior Vice President, Chief Operating Officer & Chief Financial Officer
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Company data provided by crunchbase