Financial Analyst

Financial Accounting Analyst

JLL empowers you to shape a brighter way. Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward. JLL supports the Whole You, personally and professionally. Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you've got deep experience in commercial real estate, skilled trades, and technology, or you're looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.

We are seeking a Financial Accounting Analyst to join our account team which manages a large real estate portfolio for a client with properties in Seattle, Bellevue, and New York City. The finance team sits onsite in the Seattle campus. The Finance Analyst will oversee all monthly close, reporting, budget & reforecasting. This role will serve as a key partner to the leadership team and will have high visibility with the client.

Essential Duties and Responsibilities :

• Prepare monthly accruals.
• Investigate the general ledger detail, budget details, reforecast details. Must become familiar with the assigned portfolio accruals.
• Drive the month-end close procedures for assigned portfolio, gathering the necessary information from each property team to prepare accruals, variance comments as well as assigning review tasks to the general managers and finance managers.
• Analyze actuals vs. budget each month to determine main drivers of the variances and record adjusting journal entries as necessary.
• Lead monthly meetings with the senior property managers and chief engineers of each property team while summarizing the high-level budget variances.
• Verify GL accuracy for assigned portfolio and that the client reporting package is completed each month before distribution.
• Support the Finance Manager in preparing the budget biannually.
• Prepare reforecasts throughout the year, analyzing YTD budget variances and assumption changes. Collaborate with property managers to complete periodic reforecasts.
• Prepare detailed variance comments in regards to budget comparisons including but not limited to budget vs. reforecast and year-over-year comparisons.
• Prepare detailed and organized workpapers / reconciliations that support budget inputs including but not limited to capital expenditure spend, lease assumptions, straight line rent, and utilities forecasts.
• Prepare analytical reports for client review as companion appendices to the final budget.
• Prepare manual tenant adjustments for Property Manager review and approval.
• Assist with reviewing the annual operating expense estimates and operating expense reconciliations, with the Property Managers.
• Prepare billbacks on a monthly basis for Property Manager review and approval.
• Calculate percentage rents for the retail tenants on a monthly basis for Property Manager review and approval.
• Support property teams in preparing specialized POs.
• Other duties as assigned.

Requirements :

Bachelor's degree in accounting or finance 3-5 years of relevant experience in an accounting or FP&A role with variance analysis responsibilities.