Corporate Real Estate Analyst - CapEx

Ferguson; Newport News (VA); Hybrid; USD 50,000 - 82,000; Full time

Benefits offered by this job

Health benefits

Dental benefits

Vision benefits

Paid time off

401(k) with company match

Job summary

Ferguson, based in Newport News, VA, is hiring a Corporate Real Estate Analyst - CapEx to manage project documentation, lease expenses, CAM reconciliations, and vendor relationships within a busy lease portfolio. The role requires 3+ years in financial or leasing analysis, proficiency in Oracle and lease software, strong Excel and Office 365, and ability to coordinate across stakeholders.

The position offers a hybrid schedule (3 in-office days Tue-Thu, 2 remote) and a comprehensive benefits

Qualifications

• 3+ years of financial or leasing analysis.
• Strong organizing, attention to detail, problem solving, teamwork and communication.
• Knowledge of Oracle and Lease Administration database.
• Proficiency in Microsoft Office 365.
• Ability to engage with stakeholders at all levels.
• Experience with Procore and/or CoStar would be helpful.

Responsibilities

• Process documentation for project commitments (e.g., Agreements, Contracts, Work Authorizations or Purchase Orders).
• Kick off utility setups for new projects with third‑party payment integration systems.
• Prepare and review invoices and payment applications for SOX compliance.
• Enter project information into project management software and other tools.
• Research payment discrepancies and resolve vendor billing issues.
• Assist in project close‑out procedures and reconcile data between systems.
• Review operating expenses and lease‑related statements for accuracy.
• Enter CAM reconciliations in lease accounting software and track related data.
• Transfer utility setups from Landlords to third‑party systems and monitor.
• Track payables/receivables within the lease portfolio and prepare export files for payment.

Skills

Financial analysis

Leasing analysis

Attention to detail

Stakeholder communication

MS Office 365

Project coordination

Vendor management

Tools

Oracle

Lease admin DB

Procore

CoStar

Job description

Job Posting:
Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson, a Fortune 500 company, is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.

Job Posting:
Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson, a Fortune 500 company, is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.
Ferguson is actively hiring a Corporate Real Estate Analyst - CapEx.
Location: This position is based out of our office in Newport News, VA. Please note, we offer a hybrid work model with 3 days in office (Tuesday-Thursday) and 2 days remote (Monday, Friday). May consider Remote for the right individual who lives outside of Newport News HQ, per Company Policy.
Primary Duties And Responsibilities

• Process documentation for project commitments, (e.g., Agreements, Contracts, Work Authorizations or Purchase Orders).
• Kick off utility setups for new projects with a third-party payment integration system, which involves gathering accurate account information and providing ongoing updates until setup completion.
• Prepare and review invoices and payment applications for processing in accordance with SOX compliance requirements.
• Enter project information data and documentation into project management software and other technology tools as required.
• Research payment discrepancies, resolve vendor billing issues, and submit vendor information for new or changed vendor setup.
• Assist in project close-out procedures to include finalization or closure of vendor purchase orders and reconcile the project data between the project management software and the general ledger software, all within a timely manner to maintain department compliance and KPIs.
• Review, compare, and analyze operating expenses, plus insurance and tax reconciliation statements received from Landlords to ensure expenses charged follow leases clauses.
• Request additional information to assess materiality and recommend actions for additional audit and recovery.
• Enter and maintain information regarding lease expenses and financial accounting transactions into a lease accounting management software database.
• Transfer utility setups from Landlord to third-party payment integrations system.
• Tracking payables and receivables associated within assigned lease portfolio.
• Prepare and review export files and submit to accounting for payment processing.
• Input, analyze, and maintain CAM reconciliations received from Landlords, which includes:
• Preparing initial entry to check calculation and reasonableness of amount owed/due
• Providing additional information to CAM audit vendor; assisting when CAM audit vendor is unable to reach a landlord
• Participating in meeting cadence with CAM audit vendor
• Reviewing and approving claims provided by CAM audit vendor
• Escalating claims to legal/TM when necessary

Preferred Skills And Experience

• 3+ years of being involved with financial and/or leasing analysis.
• Strong skills in Organizing, Attention to Detail, Problem Solving, Teamwork, Relationship Building, Time Management and Communication both written and verbally.
• Exhibit necessary knowledge in all applicable system requirements including Oracle and our Lease Administration database.
• Positive attitude and strong customer service mentality.
• Working knowledge of Microsoft Office 365 and ability to work independently within those programs as required.
• Ability to engage effectively with stakeholders at all levels, internal and external.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Experience with Procore and/or CoStar would be helpful

At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach towards benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering not only includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, but our associates also enjoy additional meaningful and inclusive enhancements that are adaptable to their diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more!
Pay Range:
$4,500.00 - $7,333.70
Estimated Ranges displayed are Monthly for Salaried roles OR Hourly for all other roles.
This role is Bonus or Incentive Plan eligible.
Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements.
The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.
Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity.
Equal Employment Opportunity and Reasonable Accommodation Information