Real Estate Financial Analysis Manager

United Rentals; Stamford (CT); Hybrid; USD 80,000 - 110,000; Full time

Job summary

Join a leading equipment rental provider where you can make a significant impact in the Real Estate Finance Analysis team. This role offers a unique opportunity to manage and forecast capital improvements, analyze property transactions, and collaborate closely with various departments to ensure financial accuracy. With a commitment to employee development and a culture that values teamwork and integrity, this position promises not only professional growth but also a chance to contribute to a company recognized as a great place to work. Embrace the chance to build your future with a forward-thinking organization that truly cares about its people.

Benefits

Paid Parental Leave

Employee Discount Program

Career Development Opportunities

Paid Sick Leave

Inclusive Culture

Additional Vacation Buy Up Program

Early Wage Access

Qualifications

• Bachelor's degree in finance or related business degree required.
• Strong understanding of accounting principles and experience with accounting groups.
• Advanced proficiency in Excel and PowerPoint.

Responsibilities

• Manage and forecast Company spend on capital improvements.
• Analyze property purchases and sales for financial modeling.
• Provide financial support to the field for real estate costs.

Skills

Accounting Principles

Project Management

Team Leadership

Data Analysis

Financial Modeling

Education

Bachelor's degree in finance

Related business degree

Tools

Excel

PowerPoint

Teradata

Snowflake

Job description

Great company. Great people. Great opportunities.

If you’d like the chance to make your mark with the world’s largest equipment rental provider, come build your future with United Rentals!

As a Manager, Real Estate Finance Analysis, you will support the VP, Real Estate in management of Company Real Estate finance. Manage and forecast Company spend on capital improvements and review, propose, and otherwise oversee accounting for real estate transactions. Forecast and analyze company rent. Analyze property purchases and sales and develop other financial accounting and/or cost/benefit models for Company real estate.

What you’ll do:

Planning and Forecast:

• Annual review of leases expiring within following 24 months. Review is the foundation for planning for renewals, relocations, or dark stores. On average 200+ renewals and 40+ relocations.

• Forecast and evaluate company-wide real estate capex spend. Expected to be approximately $40M+ in 2019.

• Reporting, planning and tracking costs for both real estate department budgets -- 10-0080 and 10-0986, this also includes managing costs for corporate offices, as well as corporate absorption of field rental costs.

Analysis/Reporting:

• Provides early buy-out analysis to VP, Real Estate used in analyses of early leases termination cost/benefit.

• Provide financial support to the field for required modeling of real estate costs for new locations.

• Estimate and track corporate real estate related synergies on acquisitions.

• Prepare and analyze A/R reconciliation for 50+ subleased branches.

• Manage allocation of rent among business units within co-located branches. There are 100+ co-locations throughout the company.

• Manage internal rent for locations where branches are owned by the company. Manage allocation of rent for all branches housing real estate employees.

Accounting support:

• In conjunction with the responsibilities described above, this role also serves as the liaison to the accounting department in order to ensure proper recording of the Company's leases and related expenses.

• Reporting of dark stores and related expenses (approval forms, closure checklist tracking expenses, etc.)

• Notification of leasing changes (new leases, extensions, terminations and buy outs)

• Notification to accounting and coordination of the evaluation of lease term relative to new leases or in conjunction with existing lease capital spend.

• Coordination and review of lease acquisition valuations with service provider.

• Review and corrections, as needed, to lease expense via the allocation process.

• Other duties as assigned

Requirements:

• Bachelor's degree in finance or a related business degree is required

• Strong understanding of accounting principles and demonstrated experience working with accounting groups (financial accounting firm experience preferred)

• Project Management and Team Leadership skills

• Advanced proficiency in Excel, PowerPoint

• Prior experience with a data analysis platform such as Teradata or Snowflake is a plus

• Travel up to 10%; hybrid work schedule

Why join us?

We don’t just “talk the talk!” We’re an award-winning company (recently named a Glassdoor Best Place to Work in 2023) that truly cares about our people - That’s why we offer best-in-class benefits and perks that will support you and your family. In addition to our health and financial plans, we also offer:

• Paid Parental Leave

• United Compassion Fund

• Employee Discount Program

• Career Development & Promotional Opportunities

• Additional Vacation Buy Up Program (US Only)

• Early Wage Access through Payactiv (US Hourly Only)

• Paid Sick Leave

• An inclusive and welcoming culture

Learn more about our full US benefit offerings here.

United Rentals, Inc. is an Equal Opportunity Employer and makes employment decisions regardless of race, color, religion, sex, national origin, age, genetic information, citizenship status, veteran status, sexual orientation, gender identity, disability, or any other status protected by law. If you need a reasonable accommodation at any point of the application process, please email [e-mail] for assistance.

At United Rentals, we proudly hire active duty members, veterans, reservists, and their families. The values that define your service—leadership, discipline, integrity, and teamwork—are the same values that drive our success. With many veterans already part of our team, we’re ready to help you transition into a rewardingcareer.

United Rentals consists of a wide variety of roles with different duties and responsibilities. The actual pay rate offered to candidates varies depending upon a wide range of factors including specific position, education, training, experience, skills, and ability.