Project Expense Analyst

Description

Do you love digging into data, spotting trends others miss, and turning insights into real-world impact?

This Project Expense Analyst role is perfect for someone who enjoys solving complex problems, improving processes, and contributing to sustainability initiatives that matter.

Responsible for assisting in the enhancement and execution of the Company's purchasing management programs, expense reduction projects, utility reimbursement, utility expense, green energy procurement, sustainability projects, green building certifications, insurance property loss, and ancillary revenue through identifying trends and issues, tracking and analyzing performance, troubleshooting issues, developing alternative solutions or processes, and the execution of special projects and Company initiatives. Position will contribute time and efforts toward UDR's sustainability projects.

Provide business data, operations analysis, and novel solutions. Focus on delivering analytics that drive better and faster decision making across the department and provide solutions to execute and implement in-line with business requirements.

Reports to: Vice President - Corporate Services
Location: Corporate Office, Highlands Ranch

Essential Functions (Where you'll shine)

• Manage and develop relationships with significant purchasing, utility, and environmental third parties contracted to service the Company's communities. Review third-party reporting for accuracy and completeness.

• Identify various categories of spend that can be efficiently leverage through the Company's contract and purchasing processes.

• Provide assistance with project management, sustainability projects, and other expense reducing initiatives.

• Assist with the development and analysis of detailed request for proposals (RFP's) and development of contract management programs and metrics.

• Gather community expenditure data frequently for analysis purposes. Prepare analyses that identify patterns, trends, or areas loss, and work with the management to develop and implement programs and systems that improve internal processes.

• Document necessary purchasing, utility, and sustainability policies and procedures and assist with adherence and compliance with those policies and procedures, including Sarbanes-Oxley financial, information technology and sustainability requirements.

• Manage and develop relationships with property management to assist with purchasing and utility customer service requests and requirements.

• Perform monthly Capitalized Labor process and perform roles and responsibilities necessary to ensure completeness and accuracy.

• Perform monthly insurance workflow process to ensure company policy compliance and to analyze and explain financial variances. Assist with the identification of expense reducing initiatives related to insurance property loss.

• Perform monthly utility reimbursements billing process and perform roles and responsibilities necessary to ensure timely and accurate residential billing.

• Troubleshoot utility expense, reimbursement, and consumption issues on behalf of property management; analyze and explain variances on financial statements surrounding utilities, repair and maintenance, and contract services expenditures.

• Provide assistance with purchasing and utility expense and reimbursement forecasting.

• Provide assistance with the administration of community utility addendums and default settings.

• Maintain community database of resident billed utility services and related billing attributes. Track future opportunities in these areas.

• Develop new analytic reports and maintain existing reports.

• Perform other duties and support as assigned or as necessary.

Performance Requirements (What sets you up for success!)

• Ability to think conceptually and translate concepts into practical applications solutions and decisions.
• Ability to demonstrate and execute practical and effective solutions to problems.
• Must have a strong work ethic, integrity, and good business acumen.
• Ability to manage projects from concept, to development, to implementation, to maintenance.
• Must have the ability to manage workload, establish priorities, and coordinate work activities.
• Ability to develop efficient and effective processes that impact the entire organization, and to communicate with managers and staff at all levels of the organization.
• Demonstrated attention to details, analytical, and organizational skills.
• Ability to manage relationships with various vendors and through this effectively grows strategic partnerships.
• Excellent verbal and written communication skills. Ability to write reports, and business correspondence.
• Ability to effectively present information to and respond to questions from groups of managers, clients, and customers.
• Knowledge of organizational policies and procedures.
• Knowledge and understanding of business research principles, processes, and techniques. Knowledge of fiscal management and office management techniques.
• Follows established policies and procedures in compliance with…