Senior Property Revenue Analyst
Jones Lang LaSalle Incorporated
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Job summary
Jones Lang LaSalle (JLL) is seeking a Senior Property Revenue Analyst to own revenue streams and billing across a retail property portfolio. You will ensure accurate revenue recognition, monthly billing cycles, and provide analytical support to drive revenue optimization.
This role requires strong modeling, lease analysis, and collaboration with FP&A and property teams. Responsibilities include preparing accruals, analyzing revenue components, and developing dashboards to inform senior
Qualifications
- 3–5 years of revenue accounting, property accounting, or financial analysis within retail real estate
- Strong Excel with advanced formulas, pivot tables, and macros
- Experience with lease structures including CAM, percentage rent, and co-tenancy provisions
- Knowledge of AI tools to support financial analysis and automation
- Experience with revenue recognition, accruals, and month/quarter-end close processes
Responsibilities
- Manage revenue billing for retail properties including CAM, tax, insurance, and percentage rent
- Prepare monthly/quarterly revenue accruals and ensure revenue recognition compliance
- Develop and deliver variance analyses and dashboards for FP&A and asset managers
- Build and maintain revenue forecast models using lease schedules and market conditions
- Identify opportunities to streamline revenue processes and improve reporting accuracy with automation
Skills
Education
Tools
Job description
Location: Must be able to go into Chicago office 2x a month minimum
As a Senior Property Revenue Analyst reporting to the FP&A Lead, you will be the primary owner of all revenue streams and billing processes across a retail property portfolio. You will ensure accurate and timely revenue recognition, billing, and reporting while providing critical analytical support to drive revenue optimization and financial performance. Responsible for managing complex recovery calculations, percentage rent billing, and revenue forecasting, you will deliver actionable insights that support strategic decision-making and maximize asset value. Your expertise in lease analysis, revenue modeling, and variance reporting will be essential to maintaining financial accuracy and identifying opportunities for revenue enhancement in the dynamic retail real estate environment.
- Manage all aspects of revenue billing for retail properties including operating cost recoveries (CAM, tax, insurance), percentage rent calculations, and manual billing processes
- Ensure accurate and timely monthly billing cycles for all tenants across a retail portfolio
- Analyze retail lease agreements to extract critical financial terms, billing requirements, and revenue recognition parameters
- Review lease abstract database ensuring accuracy of key dates, rent steps, recovery provisions, percentage rent thresholds, and co-tenancy clauses
- Support lease compliance and audit processes
- Coordinate with property management and lease profile administration team to resolve billing discrepancies and tenant inquiries
- Monitor and analyze percentage rent performance, sales thresholds, and tenant sales reporting
- Support Property teams, FP&A team and Client with revenue related inquiries.
- Prepare monthly and quarterly revenue accruals in accordance with accounting standards and lease agreements
- Ensure proper revenue recognition, timing and compliance
- Support month-end and quarter-end close processes with accurate revenue reporting
- Review the revenue components of the income statement, ensuring accuracy of the monthly financial statements
- Conduct detailed variance analysis of revenue components (base rent, recoveries, percentage rent, parking, other income) comparing actual results to budget, forecast, and prior periods; providing business insights aligning with Operational KPIs
- Analyze lease terms and conditions to identify revenue opportunities, billing requirements, and potential risks specific to retail tenancies
- Prepare comprehensive revenue reports and dashboards for the FP&A Lead, senior management, asset managers, and clients
- Analyze tenant sales performance and its impact on percentage rent revenue
- Participate in revenue forecasting processes including quarterly reforecasts and annual budget preparation for retail properties
- Build sophisticated revenue models incorporating lease schedules, occupancy assumptions, recovery projections, percentage rent scenarios, and market conditions
- Develop scenario and sensitivity analysis to evaluate the financial impact of leasing activity, rent escalations, vacancy assumptions, tenant mix changes, and market dynamics
- Collaborate with leasing, property management, and asset management teams to ensure forecast assumptions reflect current business plans and retail market trends
- Identify and implement opportunities to streamline revenue processes, enhance controls, and improve reporting accuracy through automation and AI-enabled tools
- Leverage AI tools to support data analysis, forecasting, workflow automation, and business communication
- Contribute to system implementations and upgrades related to revenue management
- Develop and maintain standard operating procedures and documentation for revenue processes
- Support ad hoc analysis, special initiatives & projects as needed and directed by leadership.
University degree in Business, Finance, Accounting, or related field
Minimum 3-5 years of experience in revenue accounting, property accounting, or financial analysis within retail real estate
Strong understanding of retail lease structures including CAM language, percentage rent, co-tenancy provisions, and tenant sales reporting requirements
- Expert-level financial modeling skills and advanced Microsoft Excel proficiency (complex formulas, pivot tables, macros, scenario modeling, data analysis)
- Functional knowledge of AI tools to support financial analysis, data summarization, workflow automation, and business communication
- Proficiency with Microsoft Office Suite (PowerPoint, Word, SharePoint)
- Knowledge of Yardi Voyager and Forecast Manager (asset)
- Experience with Power BI, Power Query, or similar data visualization tools (preferred)
- Strong ability to build revenue forecast models with scenario and sensitivity analysis capabilities
- Ability to work with large datasets, reconcile complex information, and ensure data accuracy
Strong ability to build revenue forecast models with scenario and sensitivity analysis capabilities
Ability to work with large datasets, reconcile complex information, and ensure data accuracy
- Exceptional attention to detail with proven ability to manage multiple deadlines and maintain accuracy in a high-volume dynamic environment
- Strong analytical and problem-solving skills with ability to identify issues, determine root causes, and recommend solutions
- Ability to navigate ambiguity, exercise sound judgment when information is incomplete, and adapt quickly to shifting priorities within a structured, collaborative environment
- Excellent communication skills with ability to explain complex billing, percentage rent calculations, and lease terms to non-financial stakeholders
- Self-motivated and proactive with strong organizational and time management skills
- Ability to work independently and collaboratively across departments, particularly with the FP&A team
- Results-oriented mindset with commitment to accuracy and meeting deadlines
- High standards of business ethics and ability to handle confidential information with discretion
The compensation listed below is total compensation (base plus bonus). This role is eligible for a discretionary bonus that is subject to individual and company performance. This is not guaranteed. This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship. Expected compensation for this position: 102,410.00 – 148,500.00 USD per year Final compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.
Location: Remote –Chicago, IL
- 401(k) plan with matching company contributions
- Comprehensive Medical, Dental & Vision Care
- Paid parental leave at 100% of salary
- Paid Time Off and Company Holidays
- Early access to earned wages through Daily Pay
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities.
Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our Candidate Privacy Statement. For additional details please see our career site pages for each country. For candidates in the United States, please see a full copy of our Equal Employment Opportunity policy here. Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at HRSCLeaves@jll.com. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL. Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment. Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest. Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate. California Residents only If you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view our Supplemental Privacy Statement which describes your rights and disclosures about your personal information. If you are viewing this on a mobile device you may want to view the CCPA version on a larger device. Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with operations in over 80 countries around the world, our employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
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