This job listing has expired and the position may no longer be open for hire.

Senior Analyst, Recoveries at Westfield

Posted in General Business 30+ days ago.

Type: Full-Time
Location: Century City, California





Job Description:

Do you want to help revolutionize a major industry? At Unibail-Rodamco-Westfield (URW), you’ll have the opportunity to impact the future of real estate by developing innovative and engaging places that reinvent being together. Come join a team that builds excitement about working at URW. You’ll get to work with leaders who are passionate about tackling changing consumer behavior with innovative experiences. All this bold vision means the company culture embraces evolution and change.  We believe there is no "perfect" candidate and want to encourage applying even if all the requirements listed aren’t met. If you're passionate about URW and looking to learn and grow, then we look forward to reviewing your application!

We are currently looking for our:

Senior Analyst, Recoveries

What we offer

The Senior Analyst, Recoveries is responsible for assisting the Manager of Recoveries & LAB in managing the Recoveries function of Unibail-Rodamco-Westfield.  You will be one of the primary contact(s) for any Recoveries inquiries with full mastery of property management processes and leveraging your experience in finance, accounting or property management. You will oversee reconciliations for:


  • all retail and office reconciliations processes including pro-rata share of real estate tax, common area maintenance, insurance and utilities with outsourced providers 

  • provide guidance for standard rates of Recoveries, in close collaboration with your Manager, company General Managers and the Operating Managers

Scope


  • Show a thorough understanding of real estate accounting issues and their impact on the financial statements

  • Understand how to monitor lease language abstraction in JDE/E1 Expense participation module and quality control (QC) of outsourced provider work

  • Assist the outsourced provided team with lease language interpretations when needed to select the proper set up for the correct financial impact and tenant billing

  • Maintain Recoveries tracker in conjunction with the outsourced provider focusing on a timeline commitment and acceptable productivity standards

  • Provide the outsourced provider with information they need to stay on track on deliverables

  • Manage, reconcile, and peer review tenant recoveries and allocations (including common area maintenance, utilities and property tax charges)

  • Respond to internal reconciliation billing inquiries often requiring analysis to determine correct adjusting entry or backup details needed to address tenant needs

  • Administer the E1 in-house recovery module: access rights and enhancement plan

  • Work with internal partners to obtain approval of billings, address issues and ensure that support is provided for all billings

Business Analysis


  • Assist the business operations teams (Shopping Center Management, Operations Management, Leasing, Development) with diverse recoveries issues that impact their functions

  • Explain key operational drivers of recoveries and related impacts

Project Management


  • Provide Guidance, Direction and Assistance to the Outside contractor, including weekly status meetings, Q&A and Trainings as required

  • Monitor Expense Participate set up and quality control (QC) Accenture metrics

  • Ability to develop comprehensive procedures and processes that minimize time, increase efficiency & accuracy, and provides clear audit information

  • Identification of project bottlenecks and ability to resolve

  • Provide material for audit campaign

  • Maintain system of records for completed reconciliations

  • Maintain Recoveries tracker in conjunction with Accenture committed timeline

  • Assist outsourced party with lease language interpretations

  • Acts as the first point of contact for escalations internally and externally

  • Identifies training opportunities and partners with Manager to develop and provide training

  • Other duties as assigned

What We Are Looking For


  • 5+ years of accounting or finance expertise (Retail or Commercial Real Estate preferred with general ledger and financial statement experience required)

  • Bachelor’s Degree, preferably in accounting and/or Finance

  • CPA or equivalent qualification preferred

  • Project Management experience preferred

  • Demonstrate expertise in ERP, preferably JDE

  • Intermediate to Advanced Proficiency in Excel

  • Strong analytical and general quantitative skills, with an attention to detail

  • Must be proactive, totally autonomous and able to challenge status quo while having excellent verbal, written communication and presentation skills to interact with senior management

  • Quick learner & Change Agent who overcomes objections, adjusts on the fly in a fast-paced business, you should have full understanding of processes from the start to the end, and then offer insightful recommendations on how to improve

  • Cross-functional translator and facilitator – you must be able to effectively deliver when communicating financial information. You must be able to communicate finance to business and vice versa. This role is both front-of-house and back-of-house.

What is important to us

Unibail-Rodamco-Westfield (URW) is driven by an entrepreneurial foundation of talented and ambitious employees who embrace change, strive for innovation, and know when to venture into uncharted terrain. Teams within URW are collaborative and thrive by working together to seize opportunity and solve challenges. Employees receive mentorship and guidance while being empowered to drive their initiatives, embracing their individuality and unique backgrounds. URW‘s flagship destinations are interwoven into the community fabric, and  we give employees the power to be impactful in their work and lead meaningful change in our communities through volunteering, DE&I programming and leading ESG efforts. URW is an innovator and trend setter in experiential entertainment and is making bold moves to be a brand that creates inspiring consumer experiences in-person and digitally. Breaking beyond conventional beliefs, URW is surprising and delighting customers by reinventing being together and creating memorable moments.

Our company purpose – to Reinvent Being Together – is about reimagining how individuals and communities come together, socialize, and enjoy dynamic experiences alongside one another in entirely new ways.  We are at our best when we are TOGETHER safely and joyfully.  We are pleased to announce our new hybrid schedule working 3 days per week in our Los Angeles and New York corporate offices and up to 2 days per week remotely. In returning to the office, we are following federal guidance on what we need to do to safeguard the health and safety of our employee community, including that URW employees must be fully vaccinated or request an accommodation. 

Unibail-Rodamco-Westfield is an equal opportunity employer that embraces diversity of backgrounds, perspectives, experience, and skills. We believe that diversity plays an important part in the success of our business, and we are committed to creating an environment which respects, values, celebrates and makes the most of people’s differences.

We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and other legally protected characteristics.

Join us to Reinvent Being Together.

#LI-AO1





More jobs in General Business


The Kroger Co.

The Kroger Co.

The Kroger Co.