CURRENT OPPORTUNITIES

Gramercy Property Trust (NYSE: GPT) is a leading global investor and asset manager of commercial real estate. We specialize in acquiring and managing single-tenant, net-leased industrial and office properties. We focus on income producing properties leased to high quality tenants in major markets in the United States and Europe. Gramercy is organized as a Real Estate Investment Trust.

Gramercy is headquartered in New York City with offices in Horsham, Pennsylvania, Clayton, Missouri, Rosemont, Illinois and Dallas, Texas. Gramercy Europe also has offices in London, U.K., Barcelona, Spain and Berlin, Germany.

We have an entrepreneurial approach that encourages high performers to contribute and grow. We are a fast-paced, dynamic environment and promote a culture of teamwork, diligence and results-driven performance.

Job Summary:
The Contracts Administrator will be responsible for service contracts, vendor approval list, setting up vendors in the database and providing support to the operations, portfolio and property management teams with vendor invoices, budgetary requests and analytical support.  

Qualifications and Experience:

  • Bachelor’s degree preferred;
  • Minimum of 1 year of experience reading and interpreting service contracts;
  • Minimum of 1 year of real estate experience a plus;
  • Proficient computer skills including MS Outlook, MS Word, MS Excel, Yardi a plus;
  • Ability to manage multiple projects, strong organizational and time management skills;
  • Excellent verbal and written skills;
  • Understanding and interpretation of service contracts:
  • Basic understanding of procurement and accounting terminology;
  • Ability to communicate with all levels of Associates;
  • Willingness to take on new challenges, responsibilities, and assignments;
  • Professionalism, taking responsibility for decisions, actions, and results;
  • Ability to work independently or as part of a team;
  • Positive attitude;

Responsibilities:

  • Review service contracts;
  • Maintain approved vendors and contracts in system;
  • Maintain recurring service contracts, vendor compliance and insurance certificates;
  • Coordinate invoices with the service contracts, enter invoices into Avid system, monitor payment and late fees;
  • Assist with budgeting for contracted services and budgetary requests for analysis and reporting;
  • Maintain Tenant Compliance, HazMat Certificates and Mechanical Maintenance Contracts;
  • Tax management: provide data to governing municipalities and submit for payment annually;
  • Monitor property acquisition transitions and create tenant welcome package.

Compensation:

  • Competitive base salary and discretionary annual bonus. Comprehensive employee benefits package. Forward resumes to employment@gptreit.com

Qualifications and Experience:

  • Bachelor’s degree preferred;
  • BA/BS required, Accounting or Finance degree preferred;
  • Detail oriented, analytical, strong organizational skills, proven ability to meet deadlines, works well under pressure and possess the ability to manage time efficiently and prioritize effectively;
  • Excellent Microsoft Excel Skills;

Responsibilities:

  • Prepare monthly individual and/or consolidated financial statements and work papers for assigned portfolios;
  • Prepare monthly variance explanations for assigned portfolios;
  • Prepare monthly reconciliations of cash accounts and cash reserves;
  • Prepare monthly sales and use tax returns;
  • Coordinate real estate tax payment files with accounts payable;
  • Research any real estate tax related items as they arise and review disposition files as it relates to real estate taxes;
  • Coordinate with lease administration and accounts payable departments to ensure that all cash is appropriately recorded for bank reconciliations;
  • Review general ledger to ensure that all expenses are properly classified;
  • Take the lead on special projects as assigned.

Compensation:

  • Competitive base salary and discretionary annual bonus. Comprehensive employee benefits package. Forward resumes to employment@gptreit.com


We have an immediate opening for an investment analyst.  

Qualifications and Experience:

  • 0-2 years of experience in real estate, real estate finance, and/or investment banking
  • BA or BS in Finance, Real Estate Finance, Accounting, Mathematics, Economics, Statistics or related disciplines preferred from a top-tier university;
  • Strong academic record;
  • Proficiency with Argus, Microsoft Excel, Word, PowerPoint;
  • Strong quantitative and qualitative analytical ability;
  • Excellent oral and written communication skills;
  • Self-motivation, determination and initiative in a team environment:
  • Demonstrated high attention to detail;
  • Ability to multi-task effectively in a fast-paced work environment;

Responsibilities:

  • Review and screen commercial real estate investment opportunities
  • Assist in the financial analysis and underwriting of potential investments
  • Developing transaction specific financial models for real estate investments
  • Periodically revaluate existing assets using discounted cash flow and sales comparable analyses
  • Research and analysis of market statistics
  • Assist asset managers in all aspects of portfolio operations including: leasing, developing property budgets and formulating long-term asset strategies
  • Prepare Investment Committee memorandums and analysis on all new investments and development opportunities
  • Support the disposition team through all aspects of the transaction process including: preparing investment materials, negotiating purchase and sale contracts, coordinating each sale and closing
  • Prepare Management Committee and Board presentations 

Compensation:

  • Competitive base salary and merit bonus potential. Comprehensive employee benefits package. Forward resumes to employment@gptreit.com