Great company. Great people. Great opportunities.
If you'd like the chance to make your mark with the world's largest equipment rental provider, come build your future with United Rentals!
As a Manager, Real Estate Finance Analysis, you will support the VP, Real Estate in management of Company Real Estate finance. Manage and forecast Company spend on capital improvements and review, propose, and otherwise oversee accounting for real estate transactions. Forecast and analyze company rent. Analyze property purchases and sales and develop other financial accounting and/or cost/benefit models for Company real estate.
What you'll do:
Planning and Forecast:
Annual review of leases expiring within following 24 months. Review is the foundation for planning for renewals, relocations, or dark stores. On average 200+ renewals and 40+ relocations.
Forecast and evaluate company-wide real estate capex spend. Expected to be approximately $40M+ in 2019.
Reporting, planning and tracking costs for both real estate department budgets -- 10-0080 and 10-0986, this also includes managing costs for corporate offices, as well as corporate absorption of field rental costs.
Analysis/Reporting:
Provides early buy-out analysis to VP, Real Estate used in analyses of early leases termination cost/benefit.
Provide financial support to the field for required modeling of real estate costs for new locations.
Estimate and track corporate real estate related synergies on acquisitions.
Prepare and analyze A/R reconciliation for 50+ subleased branches.
Manage allocation of rent among business units within co-located branches. There are 100+ co-locations throughout the company.
Manage internal rent for locations where branches are owned by the company. Manage allocation of rent for all branches housing real estate employees.
Accounting support:
In conjunction with the responsibilities described above, this role also serves as the liaison to the accounting department in order to ensure proper recording of the Company's leases and related expenses.
Reporting of dark stores and related expenses (approval forms, closure checklist tracking expenses, etc.)
Notification of leasing changes (new leases, extensions, terminations and buy outs)
Notification to accounting and coordination of the evaluation of lease term relative to new leases or in conjunction with existing lease capital spend.
Coordination and review of lease acquisition valuations with service provider.
Review and corrections, as needed, to lease expense via the allocation process.
Other duties as assigned
Requirements:
Bachelor's degree in finance or a related business degree is required
Strong understanding of accounting principles and demonstrated experience working with accounting groups (financial accounting firm experience preferred)
Project Management and Team Leadership skills
Advanced proficiency in Excel, PowerPoint
Prior experience with a data analysis platform such as Teradata or Snowflake is a plus
Travel up to 10%; hybrid work schedule
Why join us?
We don't just "talk the talk!" We're an award-winning company (recently named a Glassdoor Best Place to Work in 2023) that truly cares about our people - That's why we offer best-in-class benefits and perks that will support you and your family. In addition to our health and financial plans, we also offer:
Paid Parental Leave
Employee Discount Program
Career Development & Promotional Opportunities
Additional Vacation Buy Up Program (US Only)
Early Wage Access through Payactiv (US Hourly Only)
Paid Sick Leave
An inclusive and welcoming culture
Learn more about our full US benefit offerings here.
United Rentals, Inc. is an Equal Opportunity Employer and makes employment decisions regardless of race, color, religion, sex, national origin, age, genetic information, citizenship status, veteran status, sexual orientation, gender identity, disability, or any other status protected by law. If you need a reasonable accommodation at any point of the application process, please email careers@ur.com for assistance.
At United Rentals, we proudly hire active duty members, veterans, reservists, and their families. The values that define your service-leadership, discipline, integrity, and teamwork-are the same values that drive our success. With many veterans already part of our team, we're ready to help you transition into a rewardingcareer.
United Rentals consists of a wide variety of roles with different duties and responsibilities. The actual pay rate offered to candidates varies depending upon a wide range of factors including specific position, education, training, experience, skills, and ability.
