The Portfolio Manager provides comprehensive financial and operational analytics to support asset optimization across BU's real estate portfolio. Reporting to the Associate Vice President of Real Estate, this role designs and maintains comprehensive KPI reporting for all portfolio segments; monitors financial performance against targets across complex ownership structures, (trust-owned properties, investments); conducts financial assessments and modeling to evaluate deal economics, operational models, and asset positioning; and delivers insights that inform capital allocation and asset-level decision making. Working autonomously on analytical initiatives within strategies set by leadership, the Portfolio Manager serves as the internal portfolio analytics expert, translating data into clear, actionable recommendations that drive performance improvements, optimize asset positioning, and align portfolio decisions with institutional objectives.

Required Skills

Essential Functions:

Essential Function 1:

Portfolio Performance Monitoring & Analytics:

• Design, calculate, and maintain KPIs for rental and leased portfolios (occupancy, RPU, NOI, cash flow, turnover costs, expense trends, time-to-lease, tenant concentration, revenue growth, maintenance spend).

• Produce dashboards, detailed reports, and drill-down analysis.

• Conduct variance analysis and trend investigation; identify operational drivers of performance variance and deviations from targets.

• Support Real Estate leadership with data for strategic and operational planning, operational improvement initiatives, portfolio
  performance assessment, and asset optimization recommendations.

• Collaborate across Campus Planning & Operations teams to develop and refine dashboards and self-service analytics.

Essential Function 2:

Comparative Asset Assessment & Opportunity Identification:

• Analyze portfolio composition, asset positioning and capital needs to inform strategic planning and optimization recommendations; develop multi-year financial projections and scenario outlooks by asset.

• Assess financial performance and ROI potential; identify repositioning, renovation, and capital deployment opportunities through
  financial analysis.

• Develop business cases with ROI, DCF, and sensitivity analysis.

• Benchmark portfolio performance against comparable market assets and internal peers.

• Analyze market conditions, trends, and performance drivers that impact financial outcomes (e.g., market rental rates, tenant demand, operating cost inflation).

• Support acquisitions and dispositions with financial analyses and synergy assessments.

Essential Function 3:

Financial Analysis, Pro Forma Modeling & Projections:

• Maintain comprehensive NOI models for each property in the portfolio, including revenue projections, operating expense forecasting, and cash flow analysis.
• Update models upon lease/operational changes. Conduct property-level variance analysis comparing actual versus projected NOI.
• Lead pro forma modeling for lease renewals, rate changes, capital projects, renovations, and strategic scenarios.
• Conduct ROI analysis on capital improvements and operational initiatives; support budget forecasting and financial planning. Build financial cases for strategic options (hold/improve/divest/reposition) with supporting analysis and sensitivity testing.
• Develop financial analysis and pro forma templates for organizational use.
• Provide ad hoc analysis and scenario modeling to support leadership decision-making.
• Support multi-year financial projections and strategic scenario planning.

Essential Function 4:

Vendor Performance & Operational Model Financial Assessment:

• Monitor performance of outsourced vendors and operational models (property management, brokerage, maintenance) against financial targets and cost metrics.
• Analyze vendor spend, service delivery costs, and financial efficiency (e.g., cost per unit, turnover velocity cost, maintenance cost trends).
• Evaluate financial performance of operational models; prepare business cases for operational model changes (insourcing,
  outsourcing, hybrid) with cost/benefit analysis.

Essential Function 5:

Risk Management & Portfolio Governance:

• Monitor lease expirations, renewal workflows, and rollover risk; track tenant concentration by revenue exposure, default/delinquency, and portfolio sustainability metrics; Prepare executive financial risk reporting and compliance documentation.
• Maintain data governance, data dictionary, and system documentation for portfolio analytics.
• Identify and escalate emerging portfolio risks (market shifts, tenant exposure, revenue concentration, expense overruns, operational bottlenecks, vendor cost inflation).

Essential Function 6:

Cross-Functional Partnership & Stakeholder Engagement:

• Serve as analytical subject-matter expert for leadership, operational team, ownership entities, and external partners.
• Partner with Real Estate leadership to align analysis with strategic priorities.
• Present findings, trends, and recommendations to leadership, committees, and ownership entities in clear, persuasive formats.
• Train and mentor colleagues on portfolio analytics, KPI interpretation, and financial modeling tools; build analytical capability across the organization.
• Support ad hoc analytical requests from leadership and operational teams.

Required Experience

Bachelor's degree required. Masters preferred. 5-8 years of experience.

_We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, natural or protective hairstyle, religion, sex, age, national origin, physical or mental disability, sexual orientation, gender identity, genetic information, military service, pregnancy or pregnancy-related condition, or because of marital, parental, or veteran status. We are a VEVRAA Federal Contractor. _

Essential Functions:

Essential Function 1:

Portfolio Performance Monitoring & Analytics:

• Design, calculate, and maintain KPIs for rental and leased portfolios (occupancy, RPU, NOI, cash flow, turnover costs, expense trends, time-to-lease, tenant concentration, revenue growth, maintenance spend).

• Produce dashboards, detailed reports, and drill-down analysis.

• Conduct variance analysis and trend investigation; identify operational drivers of performance variance and deviations from targets.

• Support Real Estate leadership with data for strategic and operational planning, operational improvement initiatives, portfolio
  performance assessment, and asset optimization recommendations.

• Collaborate across Campus Planning & Operations teams to develop and refine dashboards and self-service analytics.

Essential Function 2:

Comparative Asset Assessment & Opportunity Identification:

• Analyze portfolio composition, asset positioning and capital needs to inform strategic planning and optimization recommendations; develop multi-year financial projections and scenario outlooks by asset.

• Assess financial performance and ROI potential; identify repositioning, renovation, and capital deployment opportunities through
  financial analysis.

• Develop business cases with ROI, DCF, and sensitivity analysis.

• Benchmark portfolio performance against comparable market assets and internal peers.

• Analyze market conditions, trends, and performance drivers that impact financial outcomes (e.g., market rental rates, tenant demand, operating cost inflation).

• Support acquisitions and dispositions with financial analyses and synergy assessments.

Essential Function 3:

Financial Analysis, Pro Forma Modeling & Projections:

• Maintain comprehensive NOI models for each property in the portfolio, including revenue projections, operating expense forecasting, and cash flow analysis.
• Update models upon lease/operational changes. Conduct property-level variance analysis comparing actual versus projected NOI.
• Lead pro forma modeling for lease renewals, rate changes, capital projects, renovations, and strategic scenarios.
• Conduct ROI analysis on capital improvements and operational initiatives; support budget forecasting and financial planning. Build financial cases for strategic options (hold/improve/divest/reposition) with supporting analysis and sensitivity testing.
• Develop financial analysis and pro forma templates for organizational use.
• Provide ad hoc analysis and scenario modeling to support leadership decision-making.
• Support multi-year financial projections and strategic scenario planning.

Essential Function 4:

Vendor Performance & Operational Model Financial Assessment:

• Monitor performance of outsourced vendors and operational models (property management, brokerage, maintenance) against financial targets and cost metrics.
• Analyze vendor spend, service delivery costs, and financial efficiency (e.g., cost per unit, turnover velocity cost, maintenance cost trends).
• Evaluate financial performance of operational models; prepare business cases for operational model changes (insourcing,
  outsourcing, hybrid) with cost/benefit analysis.

Essential Function 5:

Risk Management & Portfolio Governance:

• Monitor lease expirations, renewal workflows, and rollover risk; track tenant concentration by revenue exposure, default/delinquency, and portfolio sustainability metrics; Prepare executive financial risk reporting and compliance documentation.
• Maintain data governance, data dictionary, and system documentation for portfolio analytics.
• Identify and escalate emerging portfolio risks (market shifts, tenant exposure, revenue concentration, expense overruns, operational bottlenecks, vendor cost inflation).

Essential Function 6:

Cross-Functional Partnership & Stakeholder Engagement:

• Serve as analytical subject-matter expert for leadership, operational team, ownership entities, and external partners.
• Partner with Real Estate leadership to align analysis with strategic priorities.
• Present findings, trends, and recommendations to leadership, committees, and ownership entities in clear, persuasive formats.
• Train and mentor colleagues on portfolio analytics, KPI interpretation, and financial modeling tools; build analytical capability across the organization.
• Support ad hoc analytical requests from leadership and operational teams.