Recoveries Analyst, Commercial Real Estate

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profile Job Location:

Richfield, MN - USA

profile Monthly Salary: Not Disclosed
Posted on: 3 days ago
Vacancies: 1 Vacancy

Job Summary

IRG Realty Advisors (IRG RA) provides comprehensive commercial real estate solutions for entrepreneurial owners/investors corporations institutional and governmental clients. Currently the largest management services company headquartered in the state of Ohio our portfolio has over 100 million square feet of assets in 31 states. The profile includes Commercial Office & Retail Industrial Warehouse Multi-Family properties and Land properties.

IRG RA provides specific emphasis and unique experiences in developing and managing large complicated mixed-use projects. IRG RAs Core Purpose is to Improve communities by developing and implementing innovative real estate solutions through customized approaches that surpass our clients expectations.

As an Advisory firm our approach is to connect all the elements that can affect the performance of a commercial real estate investment and bring those together into a cohesive strategic recommendation of value enhancement. This is accomplished with an eye toward each step of the real estate life cycle from acquisition to repositioning to stabilization to exit planning. Through our independent yet coordinated service lines IRG RA advises our clients on Property and asset Management Transaction Management Development Services Project Management Consulting and Facility Management.

We are looking for passionate enthusiastic associates who are committed to professional development and focused on achieving unparalleled results for our clients and partners.



Job Summary:

The Recovery Analyst will help develop and implement a Recoveries Program for the entire commercial/industrial portfolio. Under the direction of the Recovery Performance Supervisor you will conduct CAM reconciliations for clients to ensure operating expenses are in compliance with all tenant lease terms. Collaborates with Property Management and Accounting to identify negotiate and recoup potential savings for client(s).



Essential Job Duties:

  • Works with Recovery Manager on Best Practice of completion of annual true up process.
  • Reviews compares and analyzes CAM insurance tax and other operating expenses to ensure billings to tenants are in compliance with lease clauses.
  • Works with Property Accountant(s) and Property Manager(s) on requests for additional information back-up and recommendations.
  • Prepare and/or review CAM and operating expense reconciliations/recoveries for accuracy ensuring the tenant is being charged properly.
  • Assists in the Annual Estimate Budget and CAPX processes to name a few.
  • Various other tasks as assigned.



Position Requirements:

  • Bachelors degree in Accounting Finance or Real Estate preferred or equivalent work experience.
  • 2 years experience required
  • Ability to comprehend analyze and interpretation of complex tenant lease language. Requires analytical and quantitative skills.
  • Requires knowledge of financial terms; able to calculate formulas and conduct overall analysis between reconciliations and lease language.
  • Excellent Excel written and analytical skills in preparing reports reconciliations audits and correspondence.


IRG Realty Advisors participates in E- Verify. For more information on E- Verify please visit .


IRGRA provides equal employment opportunities. Discrimination of any type will not be tolerated. IRGRA is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment regardless of race color religion sex national origin sexual orientation gender identity disability protected veteran status or any other characteristic protected by state federal or local compliance with the Americans with Disabilities Act Amendments Act (A.D.A.A.A.) if you have a disability and would like to request an accommodation to apply for a position email.


All employment offers are contingent upon the successful completion of a background check which includes a seven-year lookback and a drug screening. These screenings will occur after the offer is accepted.



Required Experience:

IC

IRG Realty Advisors (IRG RA) provides comprehensive commercial real estate solutions for entrepreneurial owners/investors corporations institutional and governmental clients. Currently the largest management services company headquartered in the state of Ohio our portfolio has over 100 million squar...
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About Company

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IRGRA is the largest management services company headquartered in the state of Ohio. Many of our properties have won awards and are recognized on historic registries. Currently managing over 100 million square feet of real estate space throughout 31 states.

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