Portfolio Accounting Associate - ARGUS experience required

Partner with Asset Management and Leasing to evaluate renewals, new leases, tenant backfills, downtime, TI and LC, rent spreads, NPV, NER, and incremental returns. This opening is with our long-time partners, a national leading real estate portfolio management/owner/operation company with a focus on large-scalecommercial real estate.

This opening is with our long-time partners, a national leading real estate portfolio management/owner/operation company with a focus on large-scalecommercial real estate. This is a great opportunity tosupport portfolio level forecasting, valuation, and investment decision making across an existing retail real estate portfolio. This is a hands on modeling role with strong visibility to senior leadership and cross functional partners in Asset Management, Capital Markets, and Leasing.

Please read - being up front here, this role is not for everyone. The team is looking for candidate who have strong ARGUS proficiency within their experience as a commercial real estate portfolio analyst/associate. Candidates applying without ARGUS will not be considered.

Key Details
Work Arrangement: Hybrid with 4 days in the Needham office / 1 day work-from-home per week
Pay Range: $110,000 to $120,000 base plus bonus target around 10 percent
Strong company benefits: Health/Dental/Vision coverage. 401K with match, and more.

Why This Job is Awesome / Your Impact
Newly created role due to growth with meaningful ownership of models and forecasts
Exposure to leasing decisions, capital projects, refinancing, dispositions, and broader business plan initiatives
You will translate property level performance into clear recommendations that influence investment and capital allocation decisions

Responsibilities
Own and maintain property level underwriting across the portfolio, including ARGUS models and supporting Excel models
Update leasing, operating, capital, and market assumptions and reforecast projected asset level returns
Monitor performance versus underwriting and business plans, identify variances, and assess impact on value and returns
Build scenario models, valuations, and buy hold sell refinance analyses to support decision making
Partner with Asset Management and Leasing to evaluate renewals, new leases, tenant backfills, downtime, TI and LC, rent spreads, NPV, NER, and incremental returns
Evaluate capital expenditures and redevelopment opportunities, including return on cost, incremental NOI, and value creation
Support periodic reforecasting using actual performance and changes in leasing, capital plans, financing, and exit assumptions
Prepare analyses and recommendations for senior leadership and Investment Committee discussions
Improve portfolio reporting, models, and processes to increase visibility into performance, risks, and opportunities

Required Qualifications
3 to 5 years of commercial real estate experience in asset management, portfolio management, acquisitions, valuation, or similar underwriting focused role
Strong ARGUS Enterprise skills with the ability to build, maintain, and modify property level models independently
Advanced Excel modeling skills with the ability to build real estate models from scratch
Solid understanding of underwriting and investment analysis including DCF, IRR, NPV, leasing economics, and debt and refinancing analysis
Strong communication skills and the ability to present clear conclusions to stakeholders
Able to commute to Needham four days per week

PandoLogic. Keywords: Accountant, Location: Needham, MA - 02492