Tenant Recoveries Analyst
SITE Centers is an owner and manager of retail real estate, seeking a Tenant Recoveries Analyst to reconcile year-end common area maintenance and related accounts. The role involves preparing tenant billings, performing financial analysis, and ensuring accurate tenant billing to maintain a healthy accounts receivable balance.ResponsibilitiesPerform year-end reconciliations and billings to tenants for all recoveries including CAM, insurance, real estate taxes and direct utilities outside of CAM (e.g. water/sewer, trash, HVAC)Prepare quarterly billings for CAM ensuring appropriate documentation and explanation of charges is provided in accordance with lease agreementsComplete annual roll forwards of CAP’s, fixed and other items in accounting softwareCalculate and prepare yearly recovery budgets, by property, for property accounting and leasingCalculate and bill tenants for monthly estimates of charges based on budgeted expensesSkillsPrior experience reading and understanding landlord leases and tenant billingsBasic accounting knowledgeWorking experience maintaining complex Excel schedulesPerform year-end reconciliations and billings to tenants for all recoveries including CAM, insurance, real estate taxes and direct utilities outside of CAM (e.g. water/sewer, trash, HVAC)Prepare quarterly billings for CAM ensuring appropriate documentation and explanation of charges is provided in accordance with lease agreementsComplete annual roll forwards of CAP's, fixed and other items in accounting softwareCalculate and prepare yearly recovery budgets, by property, for property accounting and leasingCalculate and bill tenants for monthly estimates of charges based on budgeted expensesCompany OverviewCurbline Properties is the premier shopping center REIT focused exclusively on Convenience real estate. It was founded in 1973, and is headquartered in Beachwood, Ohio, USA, with a workforce of 201-500 employees. Its website is https://www.sitecenters.com/.
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