Real Estate Operations Manager at Broadstone Net Lease responsible for financial compliance and portfolio oversight in property management. Leading budget processes and collaborating across departments in a dynamic real estate environment.
Responsibilities
Overseeing portfolio compliance and core property-level financial operations
Managing the annual budgeting and reconciliation process
Tracking, analyzing, and reporting operating expenses and capital expenditures at the property level
Providing financial oversight and performance monitoring of third-party property managers
Managing accounts receivable and tenant billback processes
Reviewing prorations related to property disposition settlement statements
Serving as the primary liaison between the Property Management and Accounting teams
Leading the monthly review and validation of third-party property manager financial reports
Coordinating information between third-party managers and internal accounting team
Managing the annual property budgeting and reconciliation processes
Overseeing the management and timely compliance of various lease requirements
Supporting the review of outstanding Accounts Receivable
Managing tenant billback processes including real estate & franchise taxes, insurance premiums, legal fees, and other expenses
Requirements
Bachelors degree from four-year accredited college or university preferred, or an equivalent combination of Associates degree and experience
3-5+ years of experience in an analytical role, including budgeting and forecasting
Prior experience in the real estate industry or in a property management role a plus
Strong process design and management skillset, willingness to challenge and change legacy processes
Experienced, hands-on people manager with ability to coordinate internal and external resources
Demonstrated experience in analyzing property-level financial reports including income statement and budget to actual comparisons, working with Property Managers to resolve concerns
Demonstrated information gathering, monitoring, and data analysis skills
High attention to detail with excellent organization and planning skills
Experience with contract analysis and application of contract concepts
Familiarity with commercial real estate insurance
High level proficiency in Microsoft Office suite (Outlook, Word, Excel, PowerPoint) with advanced Excel skills
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