Real Estate Financial Analysis Manager
Real Estate Financial Analysis Manager
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Salary Not Disclosed
1 Vacancy
Job Description
Great company. Great people. Great opportunities.
If youd like the chance to make your mark with the worlds 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 management of Company Real Estate finance. Manage and forecast Company spend on capital improvements and review propose and otherwise oversee accounting for real estate transactions. Forecast and analyze company rent. Analyze property purchases and sales and develop other financial accounting and/or cost/benefit models for Company real estate.
What youll do:
Planning and Forecast:
Annual review of leases expiring within following 24 months. Review is the foundation for planning for renewals relocations or dark stores. On average 200 renewals and 40 relocations.
Forecast and evaluate companywide real estate capex spend. Expected to be approximately $40M in 2019.
Reporting planning and tracking costs for both real estate department budgets 100080 and 100986 this also includes managing costs for corporate offices as well as corporate absorption of field rental costs.
Analysis/Reporting:
Provides early buyout analysis to VP Real Estate used in analyses of early leases termination cost/benefit.
Provide financial support to the field for required modeling of real estate costs for new locations.
Estimate and track corporate real estate related synergies on acquisitions.
Prepare and analyze A/R reconciliation for 50 subleased branches.
Manage allocation of rent among business units within colocated branches. There are 100 colocations throughout the company.
Manage internal rent for locations where branches are owned by the company. Manage allocation of rent for all branches housing real estate employees.
Accounting support:
In conjunction with the responsibilities described above this role also serves as the liaison to the accounting department in order to ensure proper recording of the Companys leases and related expenses.
Reporting of dark stores and related expenses (approval forms closure checklist tracking expenses etc.)
Notification of leasing changes (new leases extensions terminations and buy outs)
Notification to accounting and coordination of the evaluation of lease term relative to new leases or in conjunction with existing lease capital spend.
Coordination and review of lease acquisition valuations with service provider.
Review and corrections as needed to lease expense via the allocation process.
Other duties as assigned
Requirements:
Bachelors degree in finance or a related business degree is required
Strong understanding of accounting principles and demonstrated experience working with accounting groups (financial accounting firm experience preferred)
Project Management and Team Leadership skills
Advanced proficiency in Excel PowerPoint
Prior experience with a data analysis platform such as Teradata or Snowflake is a plus
Travel up to 10%; hybrid work schedule
Why join us
We dont just talk the talk! Were an awardwinning company (recently named a Glassdoor Best Place to Work in 2023) that truly cares about our people Thats why we offer bestinclass benefits and perks that will support you and your family. In addition to our health and financial plans we also offer:
Paid Parental Leave
Employee Discount Program
Career Development & Promotional Opportunities
Additional Vacation Buy Up Program (US Only)
Early Wage Access through Payactiv (US Hourly Only)
Paid Sick Leave
An inclusive and welcoming culture
Learn more about our full US benefit offerings here.
United Rentals Inc. is an Equal Opportunity Employer and makes employment decisions regardless of race color religion sex national origin age genetic information citizenship status veteran status sexual orientation gender identity disability or any other status protected by law. If you need a reasonable accommodation at any point of the application process please email for assistance.
At United Rentals we proudly hire active duty members veterans reservists and their families. The values that define your serviceleadership discipline integrity and teamworkare the same values that drive our success. With many veterans already part of our team were ready to help you transition into a rewardingcareer.
United Rentals consists of a wide variety of roles with different duties and responsibilities. The actual pay rate offered to candidates varies depending upon a wide range of factors including specific position education training experience skills and ability.
Required Experience:
Manager
Employment Type
Full-Time
