Job Description
Firm Overview:
Our client is a vertically-integrated owner-operator of multifamily, student housing, and single family rental assets in the greater Western United States. The firm has several strategic partnerships with global institutional capital providers and has experienced strong growth since its founding in 2014.
Our client employs over 250+ real estate professionals whose mission is to create value by acquiring, developing, and managing our dwellings with exceptional care through an integrated approach. Their culture is founded on teamwork, authenticity, integrity and excellence. Through a shared purpose and common goal, the firm is built to serve its partners and communities within which it invests.
Our client is seeking an Analyst/Associate to support our rapidly growing team. Under the general supervision of the Asset Management and Operations Team, the Analyst/Associate will be responsible for activities relating to the financial analysis and operations of the investment portfolio. As the Analyst/Associate gains experience and knowledge, the level of contribution from a financial analysis perspective is expected to increase.
Responsibilities:
- Financial analysis including maintaining the asset management Excel model, preparing budget-to-actuals variance reports, running debt yield calculations, and providing capital call recommendations
- Prepare comprehensive ad-hoc analyses, supporting informed decision-making around operational expense reduction projects
- Work with departments on ad-hoc projects to reduce operating expenses for our MF buildings
- Assist integrated departments to achieve profitability goals
- Conduct sensitivity analyses to assess the impact of various scenarios on investment returns, providing clear and concise summaries for senior management
- Monitor key operating metrics, identify variances, and provide actionable insights to enhance operational efficiency
- Collaborate across multiple departments (including Accounting, Operations, Construction Management, and Leasing) to ensure accurate and aligned objectives
- Manage properties across full asset life cycle with an ownership mentality, focusing on value creation through diligent management of approved business plans
- Ensure consistent and meaningful communication and coordination among stakeholders
- Deliver routine updates to senior professionals regarding project status
- Alert team members to issues as they arise and work with the team to evaluate and implement solutions
- Work within the team to develop budget projections and coordinate reforecasts and other reports as applicable
- Analyze operational performance and recommend adjustments to meet budgeted goals
- Work with consultants to evaluate tax assessments, appeal recommendations, and required filings
- Develop and execute value-enhancing initiatives spanning redevelopment, renovation, property management, leasing, and reporting
- Effective, 360 degree written and verbal communication with property staff, internal and external funds management and administration, and Client management
- Analytical support as requested by Investments Team
Investor Relations & Communication
- Support participation in external calls with key investors and stakeholders, contributing to effective communication and relationship management
- Manage and update several asset management web-based dashboards for dissemination internally and externally
- Assist in the preparation of materials for investor meetings
- Qualifications:
- Bachelor’s Degree in Business, Finance, Accounting, Real Estate, Economics, or related field
- 1-5 years of real estate private equity, real estate development, real estate brokerage, or investment banking
- Strong in Microsoft Excel, Word, PowerPoint; working knowledge of Yardi is a plus
- Clear, articulate communicator, able to maintain effective documentation
- Strong analytical and qualitative skills
- Able to prioritize, organize, and meet all deadlines
- Committed to high standards of excellence and ethics
- Effectively identify issues and formulate solutions
- Capability to think critically, solve problems logically, and make well-reasoned decisions
- Ability to probe, ask the right questions, and dig beneath the surface to test the validity of information
- Goal-oriented and diligent