Financial Manager, Property Management

Company Description

ABOUT STREAM REALTY PARTNERS

Stream seeks to build a group of smart, honest, nice, and passionate individuals who thrive in a team environment. Stream's national headquarters are located in Dallas, with an operational area covering some of the most active real estate markets coast to coast. We take great pride in our ability to out-execute our competitors in key components of transacting and operating real estate: salesmanship, customer service, financing, deal structuring, negotiation, documentation, reporting, and follow-up. We recognize that the real estate landscape is ever-changing and that complacency leads to failure. We are committed to maintaining the entrepreneurial spirit, loyalty, and camaraderie that contribute to our continued success. As such, we actively dedicate resources to implement industry-leading practices and techniques. More information on the firm is available on the website: www.streamrealty.com.

IMMEDIATE IMPACT. MEANINGFUL CAREER.

At Stream, we know our success begins and ends with our people. It's the reason we work hard to attract and retain the best and brightest talent. From day one, you will be an integral member of our high-caliber, collaborative team. We will empower you to apply your energy, expertise, and creativity to meet our client's needs while instilling you with unsurpassed market knowledge and development opportunities to succeed. When you join Stream, you won't simply start a new job-you will build a meaningful and impactful career.

Job Description

POSITION SUMMARY:

Stream Realty Partners is seeking a Financial Manager of Property Management in Denver, Colorado to provide financial reporting and analytical support to the office portfolio property management team management team in Denver, Colorado. Initially, the role will work closely with the Vice President of Property Management and be actively involved in financial reporting and analysis activities for an office portfolio.

The role of the Financial Manager is considered an integral position within the office portfolio property management team. The role will be more heavily focused on ensuring financial reporting accuracy and that adherence to the client's budgeting, forecasting, and reconciliation guidelines are met. (Please see "Essential Duties" below.)

ESSENTIAL DUTIES:

• Preparation of various monthly and quarterly reporting packages, including but not limited to: expense accruals, variance analysis, cash flow analysis, capital expenditure analysis, budget reforecasting, etc.
• Manage accounts payable and process invoices timely on a weekly basis.
• Prepare and administer monthly tenant bill backs. Ensure accuracy of tenant charges, monitor A/R, and provide guidance and assistance in collection efforts.
• Assist in tenant lease administration, including rent roll updates and preparation/review of lease abstract activity.
• Communicate daily with Vice President of Property Management. Meet regularly to discuss status of leasing and projects and identify potential variance and reforecast items based on operational knowledge of the portfolio.
• Assist in preparation of annual budget package.
• Prepare annual expense reconciliations.
• Work with Property Manager to understand and track all projects and funding.
• Respond to client and/or Property Manager inquiries on a timely basis.
• Other duties as assigned to ensure operational success.

GENERAL TIMELINE OF ESSENTIAL DUTIES:

Daily

• Approve all invoice coding by administrative team members
• Approve all tenant ledger batches (cash receipts, tenant bill-backs, misc income) by administrative team members

Monthly

• Completion of financial reporting components including:
  • variance analysis
  • executive summary
  • review of A/R notes completed by the administrative team
  • review and addition of monthly accruals (initially completed by stream accounting)

Quarterly

• Complete quarterly property financial reforecasts in Kardin

Annual

• Complete annual property budgets in Kardin
• Complete annual tenant operating expense reconciliations in Kardin

Qualifications

KNOWLEDGE / SKILLS / ABILITIES / EXPERIENCE / EDUCATION:

• 5+ Years' Experience in Commercial Real Estate
• BS in Finance or Accounting, MBA a plus
• Proficiency in MRI, Kardin, AvidXChange
• MS Office proficiency, mastery of Excel a plus
• Financial acumen and experience preparing and interpreting monthly financial packages for owners.
• Experience creating and executing annual property operating budgets and capital budgets.
• Experience reconciling tenant annual CAM expenses.
• Excellent verbal and written communication skills and track record of established relationships with coworkers and clients.
• Time management
• Problem resolution
• Multi-tasking
• Implementation of best practices
• Traits which align with Stream core values - Smart, Honest, Nice, and Passionate individuals

Additional Information

Stream Realty Partners offers competitive salaries, annual bonuses, medical, dental, and vision insurance, 401(k) with company matching, pharmacy benefits, flexible spending accounts, health savings account, vacation pay, volunteer & community involvement paid time off, and holiday pay.

All your information will be kept confidential according to EEO guidelines. Stream is an equal-opportunity employer and does not discriminate on the basis of ethnicity, race, religion, sex, age, national origin, disability, military status, or any other reason prohibited by law.

Note: Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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