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Senior Property Revenue Analyst

$102.41k - $148.5k

Jones Lang LaSalle

JLL empowers you to shape a brighter way. Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward. Senior Property Revenue Analyst Location: Must be able to go into Chicago office 2x a month minimumAs a Senior Property Revenue Analyst reporting to the FP&A Lead, you will be the primary owner of all revenue streams and billing processes across a retail property portfolio. You will ensure accurate and timely revenue recognition, billing, and reporting while providing critical analytical support to drive revenue optimization and financial performance. Responsible for managing complex recovery calculations, percentage rent billing, and revenue forecasting, you will deliver actionable insights that support strategic decision-making and maximize asset value. Your expertise in lease analysis, revenue modeling, and variance reporting will be essential to maintaining financial accuracy and identifying opportunities for revenue enhancement in the dynamic retail real estate environment.What You Will DeliverRevenue Billing & Management:Manage all aspects of revenue billing for retail properties including operating cost recoveries (CAM, tax, insurance), percentage rent calculations, and manual billing processesEnsure accurate and timely monthly billing cycles for all tenants across a retail portfolioAnalyze retail lease agreements to extract critical financial terms, billing requirements, and revenue recognition parametersReview lease abstract database ensuring accuracy of key dates, rent steps, recovery provisions, percentage rent thresholds, and co-tenancy clausesSupport lease compliance and audit processesCoordinate with property management and lease profile administration team to resolve billing discrepancies and tenant inquiriesMonitor and analyze percentage rent performance, sales thresholds, and tenant sales reportingSupport Property teams, FP&A team and Client with revenue related inquiriesRevenue Recognition & Accruals:Prepare monthly and quarterly revenue accruals in accordance with accounting standards and lease agreementsEnsure proper revenue recognition, timing and complianceSupport month-end and quarter-end close processes with accurate revenue reportingReview the revenue components of the income statement, ensuring accuracy of the monthly financial statementsAnalysis & Reporting:Conduct detailed variance analysis of revenue components (base rent, recoveries, percentage rent, parking, other income) comparing actual results to budget, forecast, and prior periods; providing business insights aligning with Operational KPIsAnalyze lease terms and conditions to identify revenue opportunities, billing requirements, and potential risks specific to retail tenanciesPrepare comprehensive revenue reports and dashboards for the FP&A Lead, senior management, asset managers, and clientsAnalyze tenant sales performance and its impact on percentage rent revenueForecasting & Budgeting:Participate in revenue forecasting processes including quarterly reforecasts and annual budget preparation for retail propertiesBuild sophisticated revenue models incorporating lease schedules, occupancy assumptions, recovery projections, percentage rent scenarios, and market conditionsDevelop scenario and sensitivity analysis to evaluate the financial impact of leasing activity, rent escalations, vacancy assumptions, tenant mix changes, and market dynamicsCollaborate with leasing, property management, and asset management teams to ensure forecast assumptions reflect current business plans and retail market trendsProcess Improvement & Innovation:Identify and implement opportunities to streamline revenue processes, enhance controls, and improve reporting accuracy through automation and AI-enabled toolsLeverage AI tools to support data analysis, forecasting, workflow automation, and business communicationContribute to system implementations and upgrades related to revenue managementDevelop and maintain standard operating procedures and documentation for revenue processesSupport ad hoc analysis, special initiatives & projects as needed and directed by leadership.What You Need to SucceedRequired Qualifications:University degree in Business, Finance, Accounting, or related fieldMinimum 3-5 years of experience in revenue accounting, property accounting, or financial analysis within retail real estateStrong understanding of retail lease structures including CAM language, percentage rent, co-tenancy provisions, and tenant sales reporting requirementsTechnical & Analytical Expertise:Expert-level financial modeling skills and advanced Microsoft Excel proficiency (complex formulas, pivot tables, macros, scenario modeling, data analysis)Functional knowledge of AI tools to support financial analysis, data summarization, workflow automation, and business communicationProficiency with Microsoft Office Suite (PowerPoint, Word, SharePoint)Knowledge of Yardi Voyager and Forecast Manager (asset)Experience with Power BI, Power Query, or similar data visualization tools (preferred)Strong ability to build revenue forecast models with scenario and sensitivity analysis capabilitiesAbility to work with large datasets, reconcile complex information, and ensure data accuracyCore Competencies:Exceptional attention to detail with proven ability to manage multiple deadlines and maintain accuracy in a high-volume dynamic environmentStrong analytical and problem-solving skills with ability to identify issues, determine root causes, and recommend solutionsAbility to navigate ambiguity, exercise sound judgment when information is incomplete, and adapt quickly to shifting priorities within a structured, collaborative environmentExcellent communication skills with ability to explain complex billing, percentage rent calculations, and lease terms to non-financial stakeholdersSelf-motivated and proactive with strong organizational and time management skillsAbility to work independently and collaboratively across departments, particularly with the FP&A teamResults-oriented mindset with commitment to accuracy and meeting deadlinesHigh standards of business ethics and ability to handle confidential information with discretionThis role offers the opportunity to develop deep expertise in retail real estate revenue management while contributing to financial performance and strategic decision-making within a dynamic property portfolio and collaborative FP&A environment.Compensation: The compensation listed below is total compensation (base plus bonus). This role is eligible for a discretionary bonus that is subject to individual and company performance. This is not guaranteed. This position does not provide visa sponsorship. Candidates must be authorized to work in the United States without sponsorship.Expected compensation for this position:102,410.00 – 148,500.00 USD per yearFinal compensation packages are determined by various considerations including but not limited to candidate qualifications, location, market conditions, and internal considerations.Location:Remote –Chicago, ILJob Tags:If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements. We’re interested in getting to know you and what you bring to the table!Personalized benefits that support personal well-being and growth:JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits include:401(k) plan with matching company contributionsComprehensive Medical, Dental & Vision CarePaid parental leave at 100% of salary Paid Time Off and Company HolidaysEarly access to earned wages through Daily PayAt JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.JLL Privacy NoticeJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.For additional details please see our career site pages for each country.For candidates in the United States, please see a full copy of our Equal Employment Opportunity policy here.Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process – you may email us at View email address on click.appcast.io. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.Pursuant to the Arizona Civil Rights Act, criminal convictions are not an absolute bar to employment.Pursuant to Illinois Law, applicants are not obligated to disclose sealed or expunged records of conviction or arrest.Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.California Residents onlyIf you are a California resident as defined in the California Consumer Privacy Act (CCPA) please view our Supplemental Privacy Statement which describes your rights and disclosures about your personal information. If you are viewing this on a mobile device you may want to view the CCPA version on a larger device.Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.Accepting applications on an ongoing basis until candidate identified.SummaryLocation: Chicago, ILType: Full time

Vacancy posted 8 hours ago
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