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Work Arrangement - hybrid 3 days per week in the office - schedule to be determined by the office
Occupational Summary
The Financial Analyst II - Real Estate manages the financial activities related to the leased real estate portfolio of Duke University and Duke University Health System. The role includes accurate financial reporting, supporting property management teams, and handling tasks such as rent collection, reviewing operating expense reconciliations, and coordinating with vendors. This person consistently delivers high-quality client service and maintains a culture of excellence.
Work Performed/Key Responsibilities
Financial Reporting & Accounting
The Financial Analyst II - Real Estate is responsible for preparing and maintaining monthly, quarterly, and annual financial statements for leased properties. This individual collaborates closely with Finance teams to ensure the accuracy of general ledger transactions, including journal entries and accruals. Additionally, the analyst ensures that expenses are coded correctly using appropriate building codes, fund codes, and GL accounts. The role also involves supporting month-end and year-end close processes as well as participating in financial audits.
Accounts Payable & Receivable
The Financial Analyst II - Real Estate is responsible for processing invoices, check requests, and wire payments in accordance with established procedures. This role also manages rent collections and tenant billbacks, ensuring that all rental income is accurately received and billed. In addition, the analyst tracks and resolves discrepancies in both receivables and payables, maintaining accurate financial records and addressing any issues that arise. Furthermore, the position supports the financial aspects of acquisitions and dispositions, contributing to seamless property transitions and effective financial management.
Budgeting & Expense Management
The Financial Analyst II - Real Estate assists in preparing the departmental annual budget and participates in periodic financial reviews. This role is also responsible for monitoring operating expenses (OPEX) and investigating any variances that arise. Additionally, the analyst evaluates adjustments related to taxes, insurance, and operati