Real Estate Finance Manager
Group 1001

Job Info

---

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

The Real Estate Finance Manager is responsible for tracking all aspects of rent payments, budget to actual for operating and capital expenses, quarterly occupancy reporting and insurance tracking. The portfolio consists of approximately 20 locations. This role will have heavy interaction with accounting. The ideal candidate will have an understanding of commercial leases, accounting, previous experience with financial reporting and communicating with landlords.

KEY RESPONSIBILITIES

• Work with broker to update lease administration platform.
• Track critical lease dates following through to ensure all items have been addressed,
• Act as liaison between internal business units including accounting and legal.
• Review and submit rent invoices for payment requesting back up as needed.
• Audit CAM, tax and utility reconciliations.
• Monthly operating expense analysis and reporting.
• Track project financials against budget.
• Work with risk management to ensure proper coverage of locations and submit COIS to landlord.
• Quarterly occupancy reporting including calculation of metrics,
• Monthly review of property management's financial reports for owned buildings.

QUALIFICATIONS

• Bachelor's degree preferred in finance or business
• Minimum of 5 years of progressive experience, preferably in the financial services industry.
• Demonstrated experience in financial reporting and lease administration.
• Excellent communication and interpersonal skills.

We are seeking the person to be based in Waltham, MA, with the ability to work in-office as required.

Benefits Highlights:

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001's benefits package. Employees (and their families) are eligible to participate in the Company's comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company's Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company's 401K plan, with matching contributions by the Company.

#LI-ST1

---