Tenant Recoveries Analyst

SITE Centers•Beachwood, OH
•Hybrid

About The Position

SITE Centers is seeking a Tenant Recoveries Analyst for its Lease Accounting team. Based in the Beachwood, Ohio corporate office, this role reconciles year-end common area maintenance (CAM), insurance, real estate tax, and related accounts and prepares tenant billings. The work varies throughout the year and includes maintaining tenant and property setups, calculating monthly accruals of anticipated revenue, analyzing actual and projected recoveries, preparing budgets for the following year, and updating systems with new escrow amounts. Accurate tenant billing helps keep accounts receivable balances and tenant disputes down and supports timely collection. The position follows a hybrid schedule, with three days per week in the Beachwood office (Tuesday and Wednesday required) and the option to work from home up to two days per week. During the initial 90-day onboarding period, the company may encourage more than three days onsite to support orientation and training. The expected salary range is $53,000–$65,000; actual compensation depends on factors including responsibilities, experience, education and training, job-related skills, internal equity, market data, and other permitted considerations. SITE Centers owns and manages open-air shopping centers across the United States and is headquartered in Beachwood, Ohio. It is a publicly traded, self-managed and self-administered REIT. The company reports approximately 160 employees, including 130 hybrid workers in its corporate office and other staff working remotely across the country. Its stated values are Fearlessness, Authenticity, Curiosity, and Thoughtfulness.

Requirements

  • Prior experience reading and understanding landlord leases and tenant billings.
  • Basic accounting knowledge.
  • Working experience maintaining complex Excel schedules.
  • Attention to detail and pride in the quality of work.

Responsibilities

  • Perform year-end reconciliations and prepare tenant billings for CAM, insurance, real estate taxes, and direct utilities outside of CAM, such as water/sewer, trash, and HVAC.
  • Prepare quarterly CAM billings, including appropriate documentation and explanations of charges in accordance with lease agreements.
  • Complete annual roll forwards of caps, fixed items, and other items in accounting software.
  • Calculate and prepare yearly recovery budgets by property for property accounting and leasing.
  • Calculate and bill tenants for monthly estimates of charges based on budgeted expenses.
  • Review and maintain tenant and property setups.
  • Calculate monthly accruals of anticipated revenue.
  • Perform financial analysis of actual and projected recoveries.
  • Update the system to reflect new escrow amounts.
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