Work in Washington Veterans Jobs

Job Information

JLL Finance Analyst in Seattle, Washington

We are seeking a Financial Accounting Analyst to join our team which manages a large real estate portfolio for a client with class A high-rise properties in Seattle, Bellevue, and New York City. The finance team sits onsite at the downtown Seattle/SLU campus. The Financial Accounting Analyst is a critical role on the larger finance team, serving as the P&L expert for the assigned properties within the portfolio. In this role, you will partner with the senior accountant to complete all month-end financial close activities for your properties. This role is ideal for someone with a strong accounting background who wants more analytical responsibilities and is a highly effective written communicator. The ability to solve problems and the ability to succinctly communicate complex financial activity are critical to success in this role. Essential Duties and Responsibilities: Prepare monthly accruals. Analyze the general ledger, AP sub-ledgers, AR sub-ledgers, budgets and reforecasts, contracts, purchase orders, and other supporting workpapers to identify revenues, expenses, and capital expenditures that should be accrued. Prepare supporting workpapers to calculate management estimates for some accruals. Analyze P&L for month-over-month variances to ensure completeness and accuracy of monthly accruals and become subject matter expert on full P&L for assigned properties. Prepare written commentary for each P&L account to identify the main drivers for month-over-month variances. Explain when variances are due to accrual true-ups or operational drivers. Drive the month-end financial close procedures for assigned portfolio, gathering the necessary information from each property team to prepare accruals and variance comments. Prepare supporting workpapers and reconciliations and obtain approvals to support monthly journal entries. Prepare journal entry templates for accounting input. Lead the monthly accounting meeting with each property management team. Meet regularly throughout each month with property managers and engineers to ensure accruals and financial variance analysis are reviewed and approved by business partners on time. Provide ad hoc financial, AP, and AR analysis support to property management team and to client. Analyze budget vs. actuals variances each month and prepare written commentary explaining whether the variances are permanent or temporary and favorable or unfavorable. Identify the drivers causing the variances. Support the budget manager throughout the year in budget and reforecasting processes. Prepare analytical workpapers and budget variance commentary. Review management assumptions for reasonableness and budget input workpapers for GL coding accuracy and consistency. Prepare analytical reports for client review as companion appendices to the final budget. Review lease abstracts for proper billing codes and rent schedule accuracy before accounting input. Prepare supporting documentation for monthly tenant billbacks and prepare tenant billing forms for accounting input. Prepare the annual operating expense estimates and operating expense reconciliations (CAMs). Calculate percentage rents for the retail tenants on a monthly basis for Property Manager review and approval. Support property teams in preparing specialized POs. Other duties as assigned. Requirements: Bachelor's degree in accounting preferred. 3-5 years of relevant experience in an accounting or finance analyst role with specific experience preparing written analytical commentary. Ability to read and analyze general ledger and sub-ledger reports. Strong understanding of GAAP accrual basis accounting. Strong written communication skills. Strong background in Microsoft Excel including experience using v-lookup functions, if functions, data validations, and pivot tables. JLL Is an Equal Opportunity Employer JLL is committed to developing and maint

DirectEmployers