Operational Expense Lease Analyst - Worldwide Real Estate
Internship Seattle (King)
Job description
DESCRIPTION
Amazon opened its virtual doors in 1995 and strives to be the world’s most customer-centric company, where customers can find and discover anything they might want to buy online.
Amazon operates a world-class network of large, technologically advanced fulfillment centers across North America. The rapid growth of Amazon’s retail and Fulfillment by Amazon businesses requires continued expansion of the network on the largest scale of any other user in the US. Our growth in the years ahead will continue to be historic.
The successful candidate will be a key part of the North America Operations (NA Ops) Real Estate team and will be responsible for assisting in overall lease administration with the existing and expanded fulfillment center network Portfolio for operational expense budgets and reconciliations. This role will own the review, analysis, process and audit of all lease operational expense budgets and reconciliations manages third party consultants and audit firm.
The right candidate will demonstrate a senior level of competence performing a full range of lease interpretation; auditing and financial functions in an extremely fast paced environment with a high degree of ambiguity.
The role will be based in Seattle, WA, at the corporate office campus.
Responsibilities
· Analyze and process Landlord budgets and reconciliations of operating expenses including, but not limited to Common Area Maintenance, Real Estate Taxes, Utilities and Insurance in a timely manner. Confirm billings are in accordance with the lease terms and conduct a thorough desktop audit including verifying the pro-rata share, credit for monthly escrows, and evaluate for reasonableness with prior period reconciliations. Negotiate discrepancies with Landlord and work through to resolution.
· Work with external analysts to review and analyze annual budgets and reconciliations.
· Management of external auditor relationship and auditor findings, and pursuit of claims.
· Supports external auditors by coordinating information requirements and conveying information to lease administrators.
· Communicates audit progress and findings by preparing reports; providing information in meetings.
· Engages Lease Administrators and Property Managers in audit findings and the proposed resolution of complex and disputed variances.
· Cost Savings, recovery and avoidance tracking.
· Coordinate with Lease Administrators and 3rd party management to enter and maintain accounting distributions to General Ledger accounts using the commercial lease administration software application.
Position Requirements
· Broad knowledge and experience in commercial real estate
· Excellent interpersonal and organizational skills
· Excellent computer skills in a Microsoft Windows environment including Excel
· Advanced knowledge of concepts, practices, and procedures related to finance and commercial lease administration; Operational Expense principles and calculations
· Ability to anticipate and identify problems and use sound judgment and fact-based analysis to develop effective and efficient solutions
PREFERRED QUALIFICATIONS
· Evidence of participation in commercial real estate industry organizations
· 1-3 years of experience in commercial lease administration for a real estate company
· Proficiency utilizing commercial real estate software platforms
· Understanding of Building/Facility Operations
Amazon is committed to a diverse and inclusive workplace. Amazon is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation, please visit https://www.amazon.jobs/en/disability/us.
Desired profile
BASIC QUALIFICATIONS
· Bachelor’s degree in real estate, finance, accounting (or in another field with equivalent work experience), and prefer five years with a commercial real estate company
· 3 years’ experience directly related to commercial real estate lease administration
· Experience and competence utilizing commercial real estate software platforms
· Ability to work in a high stress, fast paced environment
· Ability to work independently while maintaining all deadlines and critical date obligations
· An excellent ability to communicate clearly and effectively
· An excellent ability to build trust among colleagues and service partners
· Analyzing Information-Statistical Analysis