Job Summary: Responsible for all aspects of Portfolio Administration and to work as part of a team ensuring efficient and accurate accounting of client data records, rent processing and reporting requirements.
Responsible for supporting day to day activities and point of escalation for any questions or concerns that may arise
Extract pertinent and critical data from Real Estate Lease documents and generate Rent Memo to formalize and authorize updates to database
Ensure that the accounting process is properly set up in database.
Perform final quality review of lease and sublease data abstraction to ensure accuracy. Verify and sign off on the quality of lease abstracts via a lease audit checklist
Review database ensuring all data is current, accurately classified and reviewed for quality assurance
Must possess ability to produce accurate rent roll for both tenants and subtenants. This includes the confirmation of rent changes and the development of month over month variance analysis, special handling requests, and all necessary steps to ensure the proper monthly payments to landlords
Review rent statements to validate recurring and non-recurring charges and facilitate updates to database as required. Ensure that all local charges are properly made by the applicable branch
Assist as necessary to ensure that Tenant Improvement Allowances are properly tracked and collected
Perform desk audits of annual operating expense statements to ensure all expenses are consistent with the terms of the lease. Bill out to subtenants the proportionate share of expenses
Manage sublease agreements including subtenant billing, aged receivables and proactive collection of past due rents
Support the forecast process
Assist as necessary on all actions and options. Collaborate with transaction team to ensure that all actions and options are addressed, and notice dates are met
Timely and accurate delivery of all standard and ad hoc reporting
Outline/oversee continuous updates to the process playbook
Recommend new approaches, policies, procedures to drive continuous improvements and efficiencies
Review business terms of Estoppel Certificates, SNDA Agreements to ensure business terms are accurately reflected.
Perform standard processes established for client and will participate in providing suggestions for continued improvement and streamlining of procedures
Participate in client meetings
Involved in fostering client relationships
BA/BS degree required preferably in Finance, Accounting, Real Estate or related business areas.
2 to 7 yearsâ™ experience preferred
Strong communication skills and a strong commitment to and affinity for delivering the highest level of internal client service
Strong knowledge and demonstrated competence on various software, databases, analytical tools, including Microsoft Office Suite as well as superior knowledge and skill using Excel
Excellent analytical and organizational skills are required
Self-starter capable of working independently and organizing workflow to meet changing priorities and deadlines
Able to create detailed financial and analytical reports, business correspondence, and procedural manuals
Able to effectively present information and analysis and respond to questions from groups of managers and internal clients
Position is located in Weehawken, NJ a minimum of 2 days per week and remote for the other days
This Cushman and Wakefield position requires employees to bring and utilize their own technology including cell phones and computers.
Cell phones must have biometric security and be:
Android Version 11 or later
iOS 16.6.1 or later
Must be compatible with:
Windows Hello for Business
Citrix Workspace (Version 23.7.1)
Citrix HDX RealTime Media Engine (Version 2.9.6)
Windows Hello for Business compatible webcam or a Logitech BRIO or Dell 4k webcam
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements. The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidateâ™s experience and qualifications. The company will not pay less than minimum wage for this role. The compensation for the position is: $85,000.00 - $100,000.00 Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmativeâ‹ Action employer. All qualified applicants will receive consideration for employment withoutÂ regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email. Please refer to the job title and job location when you contact us.
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Cushman & Wakefield is a leading global real estate services firm. As a leader in multifamily property management, we deliver exceptional value through tailored solutions that create efficient and engaging communities. Our passionate approach, strong operational practices and high-performing teams unlock every property’s ability to provide residents with a place they can truly call home.