About the role

  • 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

Benefits

  • Competitive and flexible total rewards
  • Performance-based cash bonuses
  • Restricted stock grants

Job title

Real Estate Operations Manager

Job type

Experience level

Mid levelSenior

Salary

$75,000 - $90,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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