What are the responsibilities and job description for the Accounting Operations Analyst position at PECO?
The Accounting Operations Analyst will specialize in the interpretation and review of lease language and will possess the ability to negotiate directly with tenants with regards to CAM, insurance, real estate tax and other recoverable expenses. This will require the analyst to be well-versed with lease language and assist with judgmental decisions related to the calculation of recoverable expenses to assist in the timely collection of these expenses. In addition, the analyst will be responsible for comprehensive tenant lease setup, maintenance and lease review for accuracy from a legal standpoint, supporting over 5,500 tenants. The analyst will be a resource to our internal customers including, but not limited to : Financial Reporting, Marketing, Finance, Property Management, Asset Management, Construction, Property Accounting, Recoveries, Tax, etc.
About us :
Phillips Edison & Company takes PRIDE in creating great omni-channel grocery-anchored shopping experiences and improving communities, one center at a time. PECO's culture is fueled by the ENERGY our team brings to work every day - to find creative solutions and create value for our centers, our investors, our communities and the greater world around us. PECO's culture is driven by our team's CONNECTION to each other and the communities in which we live and work. PECO embraces the OPPORTUNITY to source and implement creative and sustainable programs to create a positive impact on the environment.
Phillips Edison's operating platform provides retail services including acquisition, redevelopment, leasing and management of grocery-anchored retail centers.
What you'll do : Tenant Recovery
- Research and analyze assigned tenant questions or dispute cases, using language from the tenant lease and applying critical thinking and decision-making skills to resolve issues and answer questions
- Prepare adjustments to CAM / RE Tax / Insurance / Utility reconciliations as needed per the terms of the lease. Ensure that Asset Management and Property Management are made aware of issues at each property as they are identified and assist in resolving issues as needed
- Prepare correspondence and documentation in accordance with established policies and procedures to notify tenants of the company's position on specific disputed issues
- Assist Customer Solutions Specialists in the collection of recoverable expenses. This often requires responding directly to tenants and answering very specific billing questions by using negotiation and persuasive skills to secure the maximum amount of reimbursement for recoverable expenses for the company's benefit
- Actively collect balances for Anchor and National tenants as identified by the SVP of Portfolio Management and Customer Solutions and the Tenant Recovery Manager
- Notify CAM reconciliations team of required changes to MRI lease setups as identified during the handling of tenant dispute cases
Lease Accounting
General :
What we're looking for :
Why PECO?
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
