Finance Analyst

JLL supports the Whole You, personally and professionally.
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients.
We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work.
Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.
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.
If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements below.
We’re interested in getting to know you and what you bring to the table! Personalized benefits that support personal well-being and growth: JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health.
About JLL – We’re JLL—a leading professional services and investment management firm specializing in real estate.
We have operations in over 80 countries and a workforce of over 102,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions.
As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility.
That’s why we’re committed to our purpose to shape the future of real estate for a better world.
We’re using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities.
Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we’re honored to be recognized with awards for our success by organizations both globally and locally.
Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we’re headed in the future.
And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.