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Analyst, Real Estate Services

BlackRock

BlackRock

This job is no longer accepting applications

See open jobs at BlackRock.
IT
Atlanta, GA, USA
Posted on Friday, February 2, 2024
Description

About this role

Team Overview:

The Enterprise Services team is responsible for the firms’ efforts around Safety, Security, Resilience, Real Estate, Travel, and Executive Technology Support.

The Real Estate Portfolio Management team leads the global portfolio for all locations used by BlackRock. This includes offices, data centers, and business continuity sites in 31 countries. Included in the function are real estate strategic planning, transaction management, and lease administration.

Job Purpose/Background:

The successful candidate will be primarily responsible for oversight of the lease administration function, financial analysis modelling, management of the team’s data analysis and reporting, facilitation of sublease payments and administrative support for the RE team. The ideal candidate would be able to function in the fast-paced environment of a premier global financial services firm. This individual must be organized, meticulous, and highly focused with a proactive mind-set. Additionally, this person must be team-oriented, creative, willing to lead and prioritize multiple tasks, and complete in a timely and efficient manner.

Key Responsibilities:

  • You will manage the rent payment process which will include: tracking submission of rent variance files from the lease administration team, tracking payments to landlords, and seeking approvals

  • You will ensure all invoices and approvals are saved to the appropriate databases

  • You will coordinate with Finance and Accounts Payable colleagues to reconcile any payment issues and proactively look to resolve any invoicing issues

  • You will serve as the primary liaison with the finance team for payment queries

  • You will manage the outsourced lease administration team including submitting all lease documents, monitor the lease abstraction process, and verify the key points of the lease abstracts (or confirm the regional lead has verified)

  • You will accurately prepare and/or assist with monthly, quarterly, and annual ad hoc reports

  • You will track all Tenant Improvement Allowances globally and assist the Design and Construction team with seeking reimbursement

  • You will support the RE team on all transactional activity and provide necessary research for pending projects, including desk top studies and contact with local brokers as necessary

  • You will assist with or lead (depending on complexity) the preparation of the financial analysis for all lease acquisitions and dispositions

  • You will assist with the preparation of the business case presentation for approval

  • You will be responsible for setting up and closing bank guarantees and/or security deposits for new and retired locations

  • You will provide ongoing assistance and administrative support to the RE Team including Data Operations

Development Value:

The chosen candidate will be a key player in a small team with the opportunity to work with and learn from highly experienced real estate leaders.

Knowledge/Experience:

  • Knowledge of commercial real estate documents and the leasing process

  • Experience with lease database software is preferred

  • High customer service orientation with demonstrated ability to build and maintain strong working relationships

  • Provide a high level of attention to detail for reliable accuracy

  • Must consistently demonstrate excellent communication skills both verbal and written, organizational, and analytical skills

  • Knowledge and understanding of the basic accounting and finance principles and familiarity with their applications flow and impact with respect to real estate analysis

  • Proficiency in PC based software, especially Microsoft Excel, Word, and PowerPoint; must have the ability to accurately develop various types of logical reports

Skills/Qualifications:

  • Bachelor's degree in business or related field, or equivalent experience

  • Strong financial/analytical background

  • Ability to prepare high level presentations and transaction summaries for senior executives

  • Ability to multi-task in a collaborative, ever changing environment

  • Excellent organizational, project management, and interpersonal skills with the ability to openly convey information to team members in a timely, concise manner

  • Self-starter with the ability to work independently to complete projects with remote oversight

  • Ability to successfully interact with all levels of the organization

#EarlyCareers

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

This job is no longer accepting applications

See open jobs at BlackRock.