The Requirements
To meet the basic qualification for this role you will have legal authorization to work permanently in the United States for any employer without requiring a visa transfer or visa sponsorship. To be a good fit for the Assistant Real Estate Manager opportunity, you also should have:- A bachelor's degree in Business, Real Estate, or Finance, or an equivalent combination of education and relevant experience.
- 3 to 5 years of related experience in commercial property management and financial reporting; solid accounting skills and experience are a strong plus.
- A strong understanding of financial terms and principles; experience with budget and variance reporting, accruals, and the ability to analyze financial statements. Quick question for you - click here
- A proven track record of providing superior customer service.
- Computer proficiency, including familiarity with MS Office and strong Excel skills. Quick question for you - click here
- Experience with property management software, ideally Yardi.
- A valid driver's license and insurable driving record.
- Strong property / construction accounting experience is preferred.
- The ability to travel to other locations throughout the state of Massachusetts as needed.
- The ability to express ideas clearly in written and verbal communications, including the capability to create complex financial and business related documents.
- The ability to work in a fast paced, high volume environment.
- Strong organizational skills and a detail orientation.
- Solid interpersonal skills.
- A self-starter mentality and the ability to work with minimal supervision.
The Role
Reporting to the Senior Real Estate Manager, you will work with another Assistant Real Estate Manager (AREM) onsite and be responsible for the management of an assigned portfolio of Massachusetts data center properties. You will play a key role supporting operations and financial responsibilities, with a focus on the financial piece. Key activities will include heavy financial (variance, budget, etc.) reporting, accruals, re-forecasts, budgeting and reconciliations.Your responsibilities will also include managing our customer ticketing system and conducting property inspections. Additionally, we'll look to you to help organize tenant events and oversee other special event coordination as needed.
More specifically, you will:
- Support the planning, budgeting and control of operating and capital expenditures.
- Assist in the preparation of annual budgets, forecasts, monthly reports, and variance reports. Manage reporting accruals, journal entries, and heavy financial reporting.
- Assist with accounts receivable and accounts payable, including collection of rent, accruals, payment of expenses, common area maintenance estimates, true-ups, reconciliations, compliance with lease terms, and preparation of all related documentation. Quick question for you - click here
- Respond to customer requests and needs; coordinate efforts with Property Management and Technical Operation Teams to resolve the issues.
- Oversee selection and performance of vendor services, including preparation of requests for proposal and service agreements; monitor vendor performance against service level agreements.
- Schedule and facilitate maintenance with vendors and customers.
- Perform property inspections on a regular basis; make recommendations to maintain and enhance the assigned portfolio of properties.
- Maintain a strong relationship with the Asset Manager and Technical Operations Team for the assigned portfolio to ensure that all corporate objectives are being met.
- Document and track all certificates of insurance from vendors and customers.
- Maintain accurate and pertinent information for vendors and customers.
- Establish and maintain effective working relationships with internal and external customers and vendors.
Video: Take a virtual tour of Digital Realty's Needham Datacenter Campus. Featured here is 105 Cabot Street, one of two adjacent mission critical buildings -- the other has the 128 First Avenue address. 105 Cabot is a three-story data center with 135,000 gross square feet and approximately 40,000 square feet of raised floor. With 10 MW of redundant utility power, this highly energy-efficient building is designed to be concurrently maintainable for all key infrastructure components.
Why Digital Realty
Ownership and impactYou will play an integral part in managing financial and operational aspects of this portfolio, giving you great exposure and visibility. You will work with and learn from a talented group of stakeholders and join a team that works well together.
Professional development
This is a résumé-building role; not only will you learn the data center industry, but you also will expand your experience in diverse areas of accounting and finance. We place a strong emphasis on helping people grow. We've already mentioned the possibility of taking on additional responsibilities, and we are committed to promoting from within whenever possible. Success in this role could set you up to advance within Real Estate Management or along other paths in our organization.
The "best of both worlds"
You'll find that working for our company may be a little bit different. We are small enough, with over 1400 employees worldwide, that your hard work will be visible throughout the organization, yet our extensive portfolio of services and solutions and proven track record of growth, stability and industry-leading innovation give you the resources and tools you need to take your career to the next level.
Strong foundation
Our financial strength and stability provide our customers with the assurance that Digital Realty will be their data center partner for current data center needs and those in the future. Our investment grade debt ratings provide us with access to capital and financing options to support the growth of our company and allow us to continually invest in our properties. We view each of our customers as a long term partner. At Digital Realty the success of their business is our business.
Unique culture
We are a collaborative, people-focused group dedicated to quality and continuous improvement. When you become a member of our team, you receive our commitment to your continued development and support.
Green standard for sustainability
At Digital Realty we are committed to improving the performance and energy efficiency of our data centers through the creation, adoption and promotion of industry-leading best data center practices and experience. We are pioneers in thinking about green data centers, as well as, adopting and building to LEED and BREEAM certification requirements. We are also a Contributing Member of The Green Grid.
Excellent compensation
In addition to a competitive wage and discretionary bonus potential, we offer a comprehensive benefits package that includes all you would expect plus some pleasant surprises, like multiple flexible spending plans, a generous company match on the 401(k) plan, and more.
Pictured: While you won't get hands on with the technical assets, you will learn about data center operations, including both the leading-edge telecom/Internet infrastructure (above) and mission critical systems such as cooling (below), power, security and more. Each of our data campuses is part of the largest ecosystem of world-class US, European, and APAC carriers, hosting physical connection points for the world's telecommunications networks and Internet backbones.
Keys to Success
To excel in this role, you’ll need to have the disposition to work under pressure and shift priorities quickly, depending upon the current needs of the business. Ours is a fast-paced environment where you may be called upon to produce a report or work on a new task within a tight deadline. We’re looking for a professional who excels in this type of environment and takes pride in their ability to deliver.To be an outstanding Assistant Real Estate Manager, you will be a team player, and have an easygoing and adaptable personality. We have a close-knit, highly energetic team at our Needham, MA office, so we’re really looking for someone who can come in, and seamlessly become a part of our upbeat group right off the bat. You’ll enjoy taking part in our team building events, group lunches and much more.
We realize that there will be a learning curve, as you get to know the data center business, and we'll look to you to be proactive about learning quickly. In fact, you should be open to learning new processes on an ongoing basis. Data Centers represent one of the most complex niches in real estate, and mastering it will set you apart in the field.
Pictured: Located near the Rte. 95 and Rte. 90 interchange, the Needham Data Center at 128 First Avenue.
About Us
Digital Realty Trust, Inc. supports the data center and colocation strategies of more than 600 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences and consumer products.Digital Realty is a publicly traded company (NYSE: DLR) with investment grade ratings from all three major ratings agencies.
Digital Realty offers a highly competitive compensation package, excellent benefits, and an environment that recognizes and rewards your contributions. Digital Realty is an equal opportunity employer, EOE/AA/M/F/Vets/Disabled
Please do not forward unsolicited resumes to any employee of Digital Realty and its subsidiaries. Digital Realty is not responsible for any fees related to unsolicited referrals.