Boston Properties - Boston, MA
posted about 2 months ago
The primary purpose of this position is to review, manage, audit, and analyze all financial matters related to the portfolio. The role provides essential support to the VP, Regional Controller, and Senior Manager, particularly in the training and technical development of Senior Accountants and Accountants. This position is critical in ensuring that all financial operations align with the company's processes, policies, and procedures, thereby maintaining the integrity of financial reporting and compliance with legal documents related to assigned properties. The essential functions of the role include coordinating initial and ongoing training for Senior Accountants and Accountants, reviewing and approving quarterly audit binders, and assisting in the close the books process. The position also involves reviewing financial statements for lenders, joint venture partners, and third parties, as well as analyzing tenant operating and real estate tax escalations. A significant aspect of the role is to analyze and interpret tenant leases and assist in the implementation and analysis of complex transactions such as acquisitions, dispositions, and debt transactions. Additionally, the position requires ensuring that tenants are billed accurately for all rental and additional charges per their lease agreements. The individual will participate in the initial review and presentation of quarterly revenue, NOI, and depreciation variance analysis to executive and senior management. Responsibilities also include managing regional straight-line rent responsibilities, assisting in the preparation of materials for annual business plan meetings, and ensuring compliance with all legal documents related to assigned properties. The role requires collaboration with various departments, including Lease Administration, Accounts Receivable, Accounts Payable, and Tax, as well as acting as a liaison to external audit teams. The individual will also review capital calls, construction loan draws, and reporting related to the company's development projects, while collaborating with peers to discuss process improvements and best practices. Other duties may be assigned as necessary.