Real Estate Financial Analysis Manager

American Rental Association (ARA); Stamford (CT); Hybrid; USD 80,000 - 110,000; Full time

Job summary

Join a forward-thinking company as a Manager in Real Estate Finance Analysis, where you'll play a pivotal role in managing financial strategies for real estate operations. This position offers the chance to work with diverse teams, analyze significant capital expenditures, and lead projects that impact the company's future. With a hybrid work schedule and a commitment to employee development, this role provides a unique opportunity to grow in a supportive environment. If you are passionate about finance and eager to make a difference, this is the perfect opportunity for you.

Benefits

Health and Financial Plans

Paid Parental Leave

Employee Discounts

Career Development Opportunities

Qualifications

• Bachelor's degree in finance or related field required.
• Strong understanding of accounting principles needed.

Responsibilities

• Manage and forecast company spending on capital improvements.
• Conduct annual reviews of leases and plan renewals.

Skills

Accounting Principles

Project Management

Team Leadership

Data Analysis

Excel

PowerPoint

Financial Modeling

Education

Bachelor's Degree in Finance

Tools

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 managing the company's real estate finance. Your responsibilities include managing and forecasting company spending on capital improvements, reviewing and overseeing accounting for real estate transactions, forecasting and analyzing company rent, and developing financial models related to property purchases and sales.

What you'll do:

Planning and Forecasting:

• Conduct annual reviews of leases expiring within the next 24 months to plan renewals, relocations, or dark store strategies, handling approximately 200+ renewals and 40+ relocations annually.
• Forecast and evaluate company-wide real estate capital expenditure spend, expected to be around $40M+ in 2019.
• Report, plan, and track costs for real estate department budgets, including managing costs for corporate offices and absorption of field rental costs.

Analysis and Reporting:

• Provide early buy-out analysis for the VP, used in evaluating early lease termination costs and benefits.
• Support field operations with financial modeling for new locations.
• Estimate and track synergies related to real estate on acquisitions.
• Prepare and analyze accounts receivable reconciliation for over 50 subleased branches.
• Manage rent allocations among business units within co-located branches (over 100 locations).
• Manage internal rent for owned locations and allocate rent for branches housing real estate staff.

Accounting Support:

• Coordinate with the accounting department to ensure proper recording of leases and related expenses.
• Report on dark stores and related expenses, including approval forms and closure checklists.
• Notify leasing changes and coordinate lease evaluations with accounting.
• Review lease acquisition valuations with service providers.
• Review and correct lease expenses as needed.
• Perform other duties as assigned.

Requirements:

• Bachelor's degree in finance or related business field.
• Strong understanding of accounting principles and experience working with accounting teams; experience with financial accounting firms preferred.
• Project management and team leadership skills.
• Advanced proficiency in Excel and PowerPoint.
• Experience with data analysis platforms like Teradata or Snowflake is a plus.
• Travel up to 10%; hybrid work schedule.

Why join us?

We are an award-winning company (named a Glassdoor Best Place to Work in 2023) that values our people. We offer comprehensive benefits including health and financial plans, paid parental leave, employee discounts, career development opportunities, and more.

Learn more about our full US benefit offerings here.

United Rentals, Inc. is an Equal Opportunity Employer. We welcome applicants from diverse backgrounds and are committed to providing accommodations during the hiring process. We actively hire veterans and support their transition into rewarding careers.

Note: The actual pay rate varies depending on factors such as position, education, experience, and skills.