Location: Rochester,NY, USA
GENERAL PURPOSE:
The Assistant Director of Real Estate Finance and Administration will direct, oversee, and ensure efficient management of the real estate financial and administrative business operations of the Universitys off-site real estate portfolio. The Assistant Director will lead the lease and offsite property accounting and real estate data analysis teams and is responsible for assuring performance and meeting the needs and expectations of internal and external clients/users. This role is crucial for optimizing the real estate portfolio and supporting the portfolios growth through effective financial oversight and data-driven decision-making.
**RESPONSIBILITIES:**
1. Directs and manages the lease accounting team in the accurate and timely processing of lease transactions, including rent payments, adjustments, and reconciliations. Ensures compliance with relevant accounting standards, regulations, and University policies.
2. Supervises and manages the real estate data analyst to develop and maintain comprehensive reports on portfolio statistics, real estate performance, financial metrics, and ad hoc project/requests as assigned.
3. Directs and manages department operations and the day-to-day administration of the real estate department, including facilities management, departmental budgeting, internal human resources assistance, and administrative support for the team.
4. Advises and collaborates with management to develop and implement strategies for optimizing real estate and leasing decisions, accounting and data efficiencies, and cost management.
5. Directs and manages budgeting and forecasting for department expenses, ensuring alignment with financial goals and identifying opportunities for cost savings and efficiency improvements.
6. Directs, manages and provides guidance, support, and professional development opportunities for direct reports.Fosters a collaborative and high-performance work environment.Responsible for the performance and results of the team.
Other duties as assigned.
**QUALIFICATIONS:**
+ Bachelors degree in Finance, Accounting, Real Estate, Business Administration or a related field required.
+ Masters degree preferred.
+ 7-10 years of experience in real estate finance or administration, with a proven track record in lease accounting, financial analysis, and team management required.
+ Strong analytical and problem-solving skills with the ability to interpret complex financial data and provide actionable insights. Excellent leadership and interpersonal skills with experience managing cross-functional teams required.
+ In-depth understanding of lease accounting standards, real estate market dynamics, and property management practices. Proficiency in financial software and data analysis tools required.
+ Exceptional verbal and written communication skills with the ability to present complex information clearly and effectively to stakeholders at all levels required.
+ Professional Certification (e.g. CPA, CFA) preferred.
The University of Rochester is committed to fostering, cultivating, and preserving a culture of equity, diversity, and inclusion to advance the Universitys mission to Learn, Discover, Heal, Create and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion/creed, sex, sexual orientation, citizenship status, or any other status protected by law. This commitment extends to the administration of our policies, admissions, employment, access, and recruitment of candidates from underrepresented populations, veterans, and persons with disabilities consistent with these values and government contractor Affirmative Action obligations.
**How To Apply**
All applicants must apply online.
_EOE Minorities/Females/Protected Veterans/Disabled_
**Pay Range**
Pay Range: $108,483 - $162,725 Annually
_The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations._
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**Location:** Central Administration
**Full/Part Time:** Full-Time
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