Overview
Manage comprehensive financial operations for commercial and retail real estate portfolios, covering financial planning, analysis, reporting, invoice generation, CAM reconciliations and budgeting, to support business decisions and optimize portfolio performance.
What you'll do
- Generate and issue monthly tenant invoices for base rent, CAM charges, property taxes, insurance and other recoverable expenses.
- Prepare and distribute quarterly or annual CAM estimate bills and reconciliation statements.
- Process lease escalations, percentage rent calculations and special billing requirements.
- Monitor accounts receivable aging and coordinate collection efforts with property management teams.
- Reconcile tenant payments and resolve billing discrepancies.
- Maintain accurate tenant billing records and ensure compliance with lease terms.
- Administer CAM programs, including calculating tenant pro-rata shares based on lease terms and square footage.
- Prepare annual CAM budgets and estimate bills for distribution to tenants.
- Conduct detailed annual CAM reconciliations comparing actual expenses to billed estimates.
- Generate tenant-specific reconciliation statements showing overages or refunds due.
- Review and allocate operating expenses to appropriate CAM pools (common area, HVAC, parking, etc.).
- Ensure compliance with lease-specific CAM provisions, caps and exclusions.
- Handle tenant CAM audits and respond to inquiries regarding expense allocations.
- Track and manage CAM over/under collections and adjust future billings accordingly.
- Lead the annual budgeting process for assigned commercial and retail properties, collaborating with property management teams.
- Develop detailed operating and capital budgets including revenue projections, operating expenses, CAM recoveries and capital expenditures.
- Create quarterly reforecasts reflecting market conditions, leasing activity and operational changes.
- Analyze historical trends and market data to establish realistic budget assumptions.
- Present budget proposals to senior management and property owners for approval.
- Monitor budget performance throughout the year and provide variance explanations.
- Prepare rolling 12-month forecasts to support cash flow planning and strategic decision-making.
- Conduct variance analysis comparing actual performance to budgets, forecasts and prior periods.
- Prepare financial models to evaluate investment opportunities, lease transactions and capital projects.
- Monitor key performance indicators including NOI, occupancy rates, rent collections, operating expense ratios and recovery percentages.
- Analyze lease structures and their financial impact on property cash flow.
- Identify opportunities to improve revenue collection and expense management.
- Prepare monthly, quarterly and annual financial statements for property portfolios.
- Generate management reports highlighting financial performance, trends and actionable insights.
- Produce owner reports with detailed variance explanations and supporting schedules.
- Present financial results to senior leadership, property owners and stakeholders.
- Track and report on tenant rent rolls, lease expirations and renewal activity.
- Ensure timely and accurate reporting in compliance with GAAP and company policies.
- Partner with property management teams to optimize revenue and control operating expenses.
- Review and approve operating expense invoices and code them to appropriate accounts.
- Support vendor contract negotiations by analyzing cost structures and payment terms.
- Analyze lease agreements for billing requirements, escalations and recovery provisions.
- Coordinate with leasing teams on financial aspects of lease negotiations and tenant concessions.
- Support capital project planning with financial analysis and budget tracking.
- Work cross-functionally with asset management, leasing, property management and corporate finance teams.
- Mentor junior finance staff on billing processes, CAM procedures and financial analysis.
- Build strong relationships with property teams to understand operational drivers of financial performance.
- Collaborate with accounts payable teams to ensure proper expense coding and allocation.
What you'll need
- Bachelor's degree in Finance, Accounting, Real Estate or related field.
- 5-7 years of progressive finance experience in commercial real estate property management.
- Strong knowledge of commercial lease structures, CAM calculations and recovery methodologies.
- Demonstrated expertise in tenant billing, invoice generation and accounts receivable management.
- Proven experience managing annual budgeting and CAM reconciliation processes.
- Advanced Excel skills including financial modeling, pivot tables and complex formulas.
- Proficiency with property management systems (Yardi, MRI, or similar) and accounting software.
- Understanding of GAAP, real estate accounting principles and lease accounting standards.
- Excellent analytical, problem-solving and attention-to-detail skills.
- Strong written and verbal communication skills for tenant and stakeholder interactions.
- Ability to manage multiple properties and priorities simultaneously while meeting deadlines.
Nice to have
- CPA, CFA or relevant professional certification.
- Experience with both commercial office and retail property types.
- Knowledge of percentage rent calculations and gross-up provisions.
- Familiarity with tenant improvement allowances and lease incentive accounting.
- Experience supporting acquisitions, dispositions or property transitions.
- Background in lease administration and critical date tracking.
Details
- On-site role in Gurugram, Haryana, with potential for hybrid arrangements.
- May require occasional property site visits.
- Peak workload during month-end close, quarterly forecasting, annual budgeting (typically Q4) and CAM reconciliation season (typically Q1-Q2).
- Scheduled weekly hours: 48.
- Typically reports to a Director of Finance, Portfolio Controller or Senior Finance Manager.
Read the full description and apply on the company’s own careers page.