BioMed Realty
The primary focus of the Finance Associate, Operations is to provide reporting and analysis support to the Operations team and assist the Regional Director with budgeting, forecasting, and performance analysis. This role serves as a liaison across departments including Accounting, Property Management, and Finance, supporting both field and corporate teams. Responsibilities span system reporting, utility analysis, CAM reconciliation support, executive-level reporting, and ad hoc analysis. The associate also ensures accurate management of tenant expense pass-throughs, CAM recovery, capital expenditures, and property tax tracking while serving as a Subject Matter Expert (SME) in Oracle and business intelligence tools.
Summarized Key Duties –
Review and compile monthly reporting to provide visibility to executive leadership.
Assist in the annual budget process and support field teams with development and review.
Track occupancy changes and participate in Capital/Leasing Board reforecast meetings.
Manage CAM recovery and ensure accurate tenant expense pass-throughs.
Serve as Oracle SME and produce ad hoc reporting and analysis.
Generate executive-level budget summaries and reports.
Key Duties and Responsibilities:
Provide daily reporting and analytics for Operations including dashboards, variance reports, and system-driven performance metrics.
Act as Oracle SME: support ad hoc reporting, manage standard and custom reports, and assist with user training.
Compile and distribute monthly Operations Reports for East Coast and West Coast regions.
Assist field teams with annual budget development, system uploads, and capital comment roll-forwards.
Provide ad hoc budget reporting and analysis in response to executive or regional team needs.
Track occupancy changes and attend Leasing Board and Capital Reforecast meetings to support forecast alignment.
Prepare quarterly OpEx reforecasting recommendations, incorporating updated assumptions from the field.
Track and reforecast property tax supplementals and appeals, supporting accurate budget planning.
Support CAM reconciliations and assist in the review of tenant expense pass-throughs.
Track payroll and IT allocations to properties and ensure accurate budgeting and reforecasting.
Conduct monthly reviews of utility model calculations and chargebacks; ensure data integrity and consistency.
Generate manual invoices using GL data, management fees, and reimbursable costs.
Track capital expenditures and coordinate with Accounting and Finance to maintain accuracy.
Monitor and report on decarbonization (Decarb) audit spending, particularly Phase I activities.
Track financial performance of amenities and cafés, including monthly profit calculations and variance monitoring.
Finalize and validate monthly Financial Dashboards, ensuring completeness and accuracy of notes and backup.
Produce annual executive budget summaries for senior leadership review.
Provide Business Plan Approval (BPA) tracking and reporting, ensuring accuracy and visibility to leadership.
Participate in Property Update, Capital Forecast, and Leasing Board meetings to align operational and financial planning.
Reconcile discrepancies in operating square footage between operational and financial dashboards.
Assist in the Monthly Management Report (MMR) process, collaborating with AP&A on variance drivers.
Support process documentation and help streamline workflows related to reporting and operational analysis.
Assist other departments and take on special projects as assigned.
Job Specifications:
Five to seven (7) years’ experience in Finance, Accounting or Operations
Proficient with Excel and Microsoft Office. MRI & Oracle a plus.
Ability to manage multiple projects, including, financial analysis,
Understanding of accounting systems and adopt ability to build tools.
Must be organized and task oriented, able to work in a fast-paced, team-oriented environment with multiple deadlines, and adapt readily to changing priorities.
Ability to draft and write detailed notes, provide oral and written communications, as well as maintain constructive professional relationships with vendors, contractors and others by keeping projects organized.
Salary Range:
$108,000 - $135,000 per year + bonus + long term incentive + benefits The above represents the expected salary range for this job requisition. Ultimately, in determining pay, we’ll consider location, experience, and other job-related factors. At BioMed Realty, we make sure you have the support and resources to leverage and develop your skills, secure your financial future, and take care of your health and well-being. BioMed Realty continually seeks to provide a workplace where everyone can be their authentic self. Through BioMed Realty’s competitive benefits offerings and various training and development opportunities, we have you covered with our Benefits Program which includes: Employer-Paid Medical, Dental, and Vision Insurance Paid Time Off and Paid Family Leave Benefits 401(k) Retirement Savings Plan Tuition Reimbursement Flexible Spending Accounts Lifestyle Spending Account Pet Insurance ID Theft Insurance Legal Insurance Employee Assistance Program 100% Employer-Paid Life & AD&D Insurance, Short and Long Term Disability Amenities Onsite Gym Complimentary Snacks, Fresh Fruit, Cold Brew Coffee, Kombucha and Soda Water Provided Dry Cleaning Services Onsite #LI-EW1 About the company BioMed Realty, a Blackstone portfolio company, is a leading provider of real estate solutions to the life science and technology industries. As of March 31, 2024, BioMed Realty owns and operates high-quality life science real estate comprising 16.1 million square feet concentrated in leading innovation markets throughout the United States and the United Kingdom, including Boston/Cambridge, San Francisco, San Diego, Seattle, Boulder and Cambridge, U.K. In addition, BioMed Realty maintains a premier development platform with 2.7 million square feet of Class A properties in active construction to meet the demand of the life science and technology industries. BioMed Realty is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodation, if you need an accommodation to complete the application process, please email careers@biomedrealty.com . Apply for this job
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$108,000 - $135,000 per year + bonus + long term incentive + benefits The above represents the expected salary range for this job requisition. Ultimately, in determining pay, we’ll consider location, experience, and other job-related factors. At BioMed Realty, we make sure you have the support and resources to leverage and develop your skills, secure your financial future, and take care of your health and well-being. BioMed Realty continually seeks to provide a workplace where everyone can be their authentic self. Through BioMed Realty’s competitive benefits offerings and various training and development opportunities, we have you covered with our Benefits Program which includes: Employer-Paid Medical, Dental, and Vision Insurance Paid Time Off and Paid Family Leave Benefits 401(k) Retirement Savings Plan Tuition Reimbursement Flexible Spending Accounts Lifestyle Spending Account Pet Insurance ID Theft Insurance Legal Insurance Employee Assistance Program 100% Employer-Paid Life & AD&D Insurance, Short and Long Term Disability Amenities Onsite Gym Complimentary Snacks, Fresh Fruit, Cold Brew Coffee, Kombucha and Soda Water Provided Dry Cleaning Services Onsite #LI-EW1 About the company BioMed Realty, a Blackstone portfolio company, is a leading provider of real estate solutions to the life science and technology industries. As of March 31, 2024, BioMed Realty owns and operates high-quality life science real estate comprising 16.1 million square feet concentrated in leading innovation markets throughout the United States and the United Kingdom, including Boston/Cambridge, San Francisco, San Diego, Seattle, Boulder and Cambridge, U.K. In addition, BioMed Realty maintains a premier development platform with 2.7 million square feet of Class A properties in active construction to meet the demand of the life science and technology industries. BioMed Realty is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodation, if you need an accommodation to complete the application process, please email careers@biomedrealty.com . Apply for this job
* indicates a required field First Name * Last Name * Email * Phone * Resume/CV * Enter manually Accepted file types: pdf, doc, docx, txt, rtf Enter manually Accepted file types: pdf, doc, docx, txt, rtf Education School Select... Degree Select... Select... Address * City * State * Are you legally authorized to work in the United States for any employer? * Select... Will you now or in the future require visa sponsorship (e.g. H-1B status)? * Select... If applying for a position that will include driving, if hired, can you provide a valid driver’s license? * Yes No Do you have any friends or relatives working for the company? (An answer of “Yes” will not automatically disqualify you from the position for which you are applying.) * Select... If “Yes” please provide the name and work location: How did you hear about this job? * Select... If you chose Employee Referral, Agency Referral, Job Fair Event, or Other, please specify here: LinkedIn Profile Website By selecting Confirm, you are attesting to the accuracy of the information you have supplied and acknowledge that you have received our Privacy Notice. * Select... We would like to invite applicants to voluntarily share their demographic background. Your participation in this survey is completely optional and will not affect your opportunity for employment. Your responses will be used solely for the purpose of identifying areas of improvement in our hiring process. Thank you for considering sharing this information with us. How would you describe your gender identity? (mark all that apply) Select... How would you describe your racial/ethnic background? (mark all that apply) Select... How would you describe your sexual orientation? (mark all that apply) Select... Do you identify as transgender? Select... Do you have a disability or chronic condition (physical, visual, auditory, cognitive, mental, emotional, or other) that substantially limits one or more of your major life activities, including mobility, communication (seeing, hearing, speaking), and learning? Select... Are you a veteran or active member of the United States Armed Forces? Select...
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