Portfolio Accounting Associate - ARGUS experience required

About the role

This opening is with our long-time partners, a national leading real estate portfolio management/owner/operation company with a focus on large-scale commercial real estate. This is a great opportunity to support portfolio level forecasting, valuation, and investment decision making across an existing retail real estate portfolio. This is a hands‑on modeling role with strong visibility to senior leadership and cross‑functional partners in Asset Management, Capital Markets, and Leasing. The team is looking for candidates with strong ARGUS proficiency as a commercial real estate portfolio analyst/associate; candidates without ARGUS experience will not be considered.

Newly created role due to growth with meaningful ownership of models and forecasts. Exposure to leasing decisions, capital projects, refinancing, dispositions, and broader business plan initiatives. You will translate property level performance into clear recommendations that influence investment and capital allocation decisions.

Responsibilities

• Own and maintain property level underwriting across the portfolio, including ARGUS models and supporting Excel models
• Update leasing, operating, capital, and market assumptions and reforecast projected asset level returns
• Monitor performance versus underwriting and business plans, identify variances, and assess impact on value and returns
• Build scenario models, valuations, and buy‑hold‑sell‑refinance analyses to support decision making
• Partner with Asset Management and Leasing to evaluate renewals, new leases, tenant backfills, downtime, TI and LC, rent spreads, NPV, NER, and incremental returns
• Evaluate capital expenditures and redevelopment opportunities, including return on cost, incremental NOI, and value creation
• Support periodic reforecasting using actual performance and changes in leasing, capital plans, financing, and exit assumptions
• Prepare analyses and recommendations for senior leadership and Investment Committee discussions
• Improve portfolio reporting, models, and processes to increase visibility into performance, risks, and opportunities

Qualifications

• 3 to 5 years of commercial real estate experience in asset management, portfolio management, acquisitions, valuation, or similar underwriting‑focused role
• Strong ARGUS Enterprise skills with the ability to build, maintain, and modify property level models independently
• Advanced Excel modeling skills with the ability to build real estate models from scratch
• Solid understanding of underwriting and investment analysis including DCF, IRR, NPV, leasing economics, and debt and refinancing analysis
• Strong communication skills and the ability to present clear conclusions to stakeholders
• Able to commute to Needham four days per week

Benefits

• Health/Dental/Vision coverage
• 401K with match
• Additional company benefits (as noted)

Pay

$110,000 to $120,000 base plus bonus target around 10 percent

Schedule

Hybrid: 4 days in the Needham office, 1 day work‑from‑home per week