JLL empowers you to shape a brighter way .
Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Senior Property Revenue Analyst
Location: Must be able to go into Chicago office 2x a month minimum
As a Senior Property Revenue Analyst reporting to the FP&A Lead, you will be the primary owner of all revenue streams and billing processes across a retail property portfolio. You will ensure accurate and timely revenue recognition, billing, and reporting while providing critical analytical support to drive revenue optimization and financial performance. Responsible for managing complex recovery calculations, percentage rent billing, and revenue forecasting, you will deliver actionable insights that support strategic decision-making and maximize asset value. Your expertise in lease analysis, revenue modeling, and variance reporting will be essential to maintaining financial accuracy and identifying opportunities for revenue enhancement in the dynamic retail real estate environment.
What You Will Deliver
Revenue Billing & Management:
Manage all aspects of revenue billing for retail properties including operating cost recoveries (CAM, tax, insurance), percentage rent calculations, and manual billing processes
Ensure accurate and timely monthly billing cycles for all tenants across a retail portfolio
Analyze retail lease agreements to extract critical financial terms, billing requirements, and revenue recognition parameters
Review lease abstract database ensuring accuracy of key dates, rent steps, recovery provisions, percentage rent thresholds, and co-tenancy clauses
Support lease compliance and audit processes
Coordinate with property management and lease profile administration team to resolve billing discrepancies and tenant inquiries
Monitor and analyze percentage rent performance, sales thresholds, and tenant sales reporting
Support Property teams, FP&A team and Client with revenue related inquiries
Revenue Recognition & Accruals:
Prepare monthly and quarterly revenue accruals in accordance with accounting standards and lease agreements
Ensure proper revenue recognition, timing and compliance
Support month-end and quarter-end close processes with accurate revenue reporting
Review the revenue components of the income statement, ensuring accuracy of the monthly financial statements
Analysis & Reporting:
Conduct detailed variance analysis of revenue components (base rent, recoveries, percentage rent, parking, other income) comparing actual results to budget, forecast, and prior periods; providing business insights aligning with Operational KPIs
Analyze lease terms and conditions to identify revenue opportunities, billing requirements, and potential risks specific to retail tenancies
Prepare comprehensive revenue reports and dashboards for the FP&A Lead, senior management, asset managers, and clients
Analyze tenant sales performance and its impact on percentage rent revenue
Forecasting & Budgeting:
Participate in revenue forecasting processes including quarterly reforecasts and annual budget preparation for retail properties
Build sophisticated revenue models incorporating lease schedules, occupancy assumptions, recovery projections, percentage rent scenarios, and market conditions
Develop scenario and sensitivity analysis to evaluate the financial impact of leasing activity, rent escalations, vacancy assumptions, tenant mix changes, and market dynamics
Collaborate with leasing, property management, and asset management teams to ensure forecast assumptions reflect current…