Financial Analyst II - Real Estate

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Work Arrangement – hybrid 3 days per week in the office – schedule to be determined by the office

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. Consistently delivers high‑quality client service and maintains a culture of excellence.

Financial Reporting & Accounting

The Financial Analyst II – Real Estate prepares and maintains 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 and participating in financial audits.

Accounts Payable & Receivable

The Financial Analyst II – Real Estate processes invoices, check requests, and wire payments in accordance with established procedures. The 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.

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. The analyst evaluates adjustments related to taxes, insurance, and operating expenses to ensure financial accuracy and lease compliance.

Property & Lease Accounting

The Financial Analyst II – Real Estate maintains financial records for leases, updates rent schedules, tracks tenant activity, and records billable expenses. The analyst ensures accurate billing of rent and recoveries, conducts reconciliations, and reviews annual operating expense reconciliation statements for compliance and accuracy.

Vendor & Contract Management

The Financial Analyst II – Real Estate maintains vendor records, including initial setup and payment details. The role manages the landlord and vendor onboarding process through Payment Works and coordinates with procurement and risk management teams to ensure compliance with necessary documentation, such as insurance certificates (COIs) and service agreements.

Compliance & Reporting

The Financial Analyst II – Real Estate ensures compliance with company policies, lease agreements, and accounting standards. The role maintains thorough documentation to support audits and internal controls.

Minimum Qualifications

• Education:
  
  Bachelor's degree in Accounting, Finance, Economics, Business Administration, or a related field.
• Experience:
  
  Four years of experience in financial management, cost accounting, or a field directly related to the specialized area of assignment; 2–5 years of preferred experience in accounting, preferably in real estate or property management.

Preferred Qualifications

• Experience with finance software platforms such as SAP and familiarity with real estate accounting systems (e.g., MRI or similar).
• Knowledge of property management, lease administration, and operations.

• Internal clients and departmental partners (e.g., Facilities, Risk, Legal)
• Property managers and landlords
• Vendors and external service providers

Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy related conditions), sexual orientation, or military status.

Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and provision for requests for reasonable accommodation will be provided by each hiring department.