Fiscal Operations Manager Information

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CommonWealth REIT

CommonWealth REIT is a real estate investment trust, or REIT, which primarily owns office and industrial buildings located throughout the United States. The majority of our properties are office buildings located in suburban areas and central business districts, or CBDs, of major metropolitan markets.CWH was founded in 1986 and went public on the New York Stock Exchange as a REIT that owned healthcare related properties. In the 1990’s we transformed into an office REIT by selling healthcare a... Read More

Address	CommonWealth REIT Two Newton Place 255 Washington Street Newton, MA 02458-1634
Website	www.cwhreit.com/
Holding	No Holding Details

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Fiscal Operations Manager

Accounts Receivable

·         Review preliminary recurring charges, rent roll information and roll forward from prior month’s rent roll to current month’s rent roll. Test system for accuracy by reconciling with leasing startups and rent changes.

·         Manage field-level accounts receivable by confirming accurate application of cash deposits, coordinating collections issues with property management personnel, reconciling monthly and overseeing resolution of misapplications. Prepare and review accounts receivable reports weekly.

·         Prepare and review tenant statements and manual invoices prior to mailing.

·         Prepare tenant bill-backs on a monthly basis.

·         Review and assist with preparation of annual tenant escalation reconciliations, tenant escalation letters and assists with tenant questions and follow-up.

·         Contribute to the maintenance of positive tenant relations by politely assisting with tenant questions relating to accounts receivable.



Accounts Payable

·         Review general ledgers for accuracy and completeness and submit general ledger to property management for review on a monthly basis.

·         Manage field-level accounts payable by including invoice processing and data entry of all accounts payable; oversee resolution of misapplications.

·         Review monthly accruals and reclassifications prior to forwarding to corporate for entry. Verify accrual reversals occur in appropriate month.

·         Setup of new vendors.

Monthly Reporting

·         Prepare monthly operating reports for the Area Manager and Regional Manager. Oversee the timely completion and analysis of variance reporting on a monthly, quarterly and annual basis.

·         Monitor and review job cost entry and reporting. Coordinate job cost-related data to both property management and corporate accounting.

Budgeting

·         Assist with preparation of budget submission and supporting analysis for presentation. Review and verify accuracy and propriety of budgets and quarterly projections prior to submission.

·         Prepare budgets, forecasts and other analysis for revenue accounts in accordance with Area Manager’s plans and for selected expense accounts as needed.

General

·         Maintain integrity of all property financial information. Coordinate any internal audits, sales tax audits, or tenant audits which may arise. Prepare required information as needed.

·         Manage team of Fiscal Operations professionals.

·         Comply with company policies and procedures and demonstrate a high degree of accuracy and attention to detail.

·         Provide assistance to the Area Manager, Regional VP, and Property Management staff as requested.

·         Assume additional responsibilities as delegated by Area Manager, Regional VP or RMR corporate.

·         Act as a team member with all RMR employees, demonstrating initiative and leadership skills.

·         Provide back-up for answering phones and greeting guests, as necessary.

Requirements

·         Bachelor’s degree in Accounting, Finance or related field.

·         Five to seven years’ experience in real-estate related accounting or finance position (management level experience preferred.)

·         Experience managing, coaching, and inspiring direct reports.

·         Ability to work in a fast-paced, collaborative, and results-driven environment.

·         Proficiency with property management/accounting software (preferably Yardi); Excel and other Windows applications.

·         Requires excellent verbal, written and organization skills.

·         Strong work ethic and demonstrated history of reliable work record.

Other Job Information

Vacancy type:	Full Time	Contact Mode:	not provided
Fax:	+1-617-3322261	Contact Name:	not provided
Job Duration:	not provided	Phone:	+1-617-3323990
Email:	hr@cwhreit.com