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Job Description :
Summary
The Portfolio Specialist is an integral part of the Ryder real estate services team. Primary responsibilities include accounting, reporting, problem solving, legal research, and support services associated with the Real Estate Portfolio. Accuracy and attention to detail are important in supporting the real estate team and the portfolio. Improve and monitor all internal real estate admin and financial processes. Assist with department accounting and budgeting functions. Prepare reports to assist in real estate decision making. Prepare monthly rent run export. Process all construction invoices through Ryder payment systems. Coordinate closing documents for acquisitions and dispositions. Audit lease abstracts to ensure accuracy of data. Perform all annual pass through reconciliations. Prepare Ryder tenant rent roll and coordinate collection efforts. Coordinate and prepare all parking related leases. Assist in the management and evaluation of the leases in the assigned portfolio working in conjunction with RE Portfolio Managers.
Essential Functions
- Monitor and execute lease renewals to minimize Real Estate risk.
- Audit leases and market conditions to review and recommend next steps for the given market strategy. Evaluate financial components of the renewal and compare to available market opportunities.
- Create real estate related financial reports to assist in decision making.
- Research, update and maintain portfolio records in Real Estate database including Certificate of Insurance (COI). Audit lease abstracts to ensure accuracy of data
- Review all legal documents associated with the given portfolio with legal and environmental.
- Coordinate move in/move out with operators and verify Tenant Improvements. Complete annual pass through reconciliations. Act as property manager for Ryder tenants.
- Prepare monthly rent run and process invoices through Ryder payment systems.
- Provide reporting to portfolio managers and stakeholder departments.
- Prepare signature packages and outline all financial terms. Abstract the lease in the Corporate Real Estate (CRE) database.
- Comply with Request for Capital Expenditure (RCE) and Sarbanes Oxley rules.
Additional Responsibilities
- Manage/Analyze the leases in the given portfolio in order to mitigate Ryder's risk in the given market
- Work in conjunction with the Portfolio Manager to recommend the best solutions given the business strategy for the market
- Continually review analyze and evaluate the leases and other legal documents for the portfolio
- Portfolio Specialist will also prepare signature packages and the financial terms that will need to be abstracted from the lease
- Performs other duties as assigned
Skills and Abilities
- Understand computer hardware and software, especially Costar real estate manager, Costar research tool, word, excel, and outlook
- Demonstrates analytical skills
- Excellent organizational skills
- Prioritization skills
- Strong verbal and written communication skills
- Effective negotiation skills
- Ability to create and maintain professional relationships within all levels of the organization (peers, work groups, customers, supervisors)
- Ability to work independently and as a member of a team
- Flexibility to operate and self-driven to excel in a fast-paced environment
- Capable of multi-tasking, highly organized, with excellent time management skills
- Detail oriented with excellent follow-up practices
Qualifications
- Bachelor's degree required real estate, business, finance or related field
- Three (3) years or more experience in commercial real estate, legal, or transaction administration, required
Job Category: Real Estate & Construction
Our Culture & Commitment :
At Ryder, you’re trusted to make an impact—while enjoying room to grow and having a voice that’s heard. Our culture is built on respect, collaboration, and shared pride in doing great work rooted in innovation and safety.
Your Voice. Your Success. The Future We Build Together.
Compensation Information :
The compensation offered to a candidate may be influenced by a variety of factors, including the candidate’s relevant experience; education, including relevant degrees or certifications; work location; market data/ranges; internal equity; internal salary ranges; etc. The position may also be eligible to receive an annual bonus, commission, and/or long-term incentive plan based on the level and/or type. Compensation ranges for the position are below:
Pay Type :
Salaried
Minimum Pay Range:
$50,000.00
Maximum Pay Range:
$65,000.00
Benefits Information :
For all Full-time positions only : Ryder offers comprehensive health and welfare benefits, to include medical, prescription, dental, vision, life insurance and disability insurance options, as well as paid time off for vacation, illness, bereavement, family and parental leave, and a tax-advantaged 401(k) retirement savings plan.
For more information about benefits, click here (https://ryder.icims.com/icims2/servlet/icims2?module=AppInert&action=download&id=4022345&hashed=256118533) to download the comprehensive benefits summary.
Ryder is proud to be an Equal Opportunity Employer and Drug Free workplace.
All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.
Important Note :
Some positions require additional screening that may include employment and education verification; motor vehicle records check and a road test; and/or badging or background requirements of the customer to which you are assigned.
Security Notice for Applicants:
Ryder will only communicate with an applicant directly from a [@ryder.com] email address and will never conduct an interview online through a chat type forum, messaging app (such as WhatsApp or Telegram), or via an online questionnaire. During an interview, Ryder will never ask for any form of payment or banking details and will never solicit personal information outside of the formal submitted application through www.ryder.com/careers .
Should you have any questions regarding the application process or to verify the legitimacy of an interview or Ryder representative, please contact Ryder at [email protected] .
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