Cost Analyst / Senior Cost Analyst

Job Title

Cost Analyst / Senior Cost Analyst

Job Description Summary

The Cost Specialist manages and controls the cost-related processes. The role entails both operational and analytical responsibilities to ensure that financial accuracy, cost efficiency, and compliance with lease agreements and organizational policies.

Job Description

About the Role:

• Analyze, track, and report on cost data, identify cost-saving opportunities, and provide accurate financial insights to support budgeting, forecasting, and decision-making processes.
• Address financial queries and coordinate information and documentation request to ensure timely resolution.
• Handle discrepancies in lease data or invoice details by contacting clients and ensuring corrections.Update the real estate system and/or trackers with expense adjustments, including base rent modifications, revised estimates, and one-time charges, ensuring accuracy and alignment with lease agreements. Calculate and apply rent indexation using government-specified indices. Coordinate collection of back-up documentation to support validation of charges.
• Verify, reconcile, and track property invoices for rent, charges, and adjustments. Obtain missing documents and invoices, following escalation procedures. Obtain necessary approvals, ensure accurate and timely payment processing, and promptly notify the client of any irregular landlord charges.
• Conduct audits of ad-hoc/statements/reconciliations. Interpret, and analyze all charges for accuracy, in accordance with lease documents and back-up documentation.

About the Role:

• Bachelor’s degree required with minimum of 3-5 years of work experience. Experience in accounting, invoice processing, real estate will be an advantage.
• Requires knowledge of Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) regulations including an intermediate knowledge of financial terms and principles to include accounting methods (cash, accrual, and full GAAP).
• Strong skills in analyzing financial data, tracking rent payments, identifying trends, and preparing reports.
• Good understanding of lease agreements, payment terms, escalation clauses, and adjustments, ensuring compliance with contract obligations.
• Expertise in reconciling accounts, resolving discrepancies in rent payments, and addressing any billing issues or errors.

Why join Cushman & Wakefield?

As one of the leading global real estate services firms transforming the way people work, shop and live working at Cushman & Wakefield means you will benefit from;

• Being part of a growing global company;
• Career development and a promote from within culture;
• An organisation committed to Diversity and Inclusion

We're committed to providing work-life balance for our people in an inclusive, rewarding environment.

We achieve this by providing a flexible and agile work environment by focusing on technology and autonomy to help our people achieve their career ambitions. We focus on career progression and foster a promotion from within culture, leveraging global opportunities to ensure we retain our top talent. We encourage continuous learning and development opportunities to develop personal, professional and technical capabilities, and we reward with a comprehensive employee benefits program.

We ensure DEI is part of our DNA as a global community - it means we go way beyond than just talking about it - we live it. If you want to live it too, join us.

INCO: “Cushman & Wakefield”