Financial Analyst

Position Title: Financial Analyst – Asset Management      

Reports to:     Director, Technology & Analytics (Asset Management Group)

The Financial Analyst is responsible to perform a variety of financial analysis of multifamily investment properties, support Asset Managers, and prepare recurring (see below) and one-off reports for investors and senior management.  The analyst will work primarily with the Managing Director of Asset Management, the Director of Technology & Analytics, and the Asset Managers.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

1. Support the asset managers by understanding the assets, the partners, the business strategy, and the challenges. 
2. Perform yield on cost/return on investment analysis of unit renovation projects.
3. Participate on regular calls with the properties and SP’s equity partners to review strategy, financial performance, and address areas of underperformance.
4. Update annual property budgets and revise property financial forecasts throughout the year.
5. Assist with disposition analysis, IRR calculations, and sales proceeds waterfalls.
6. Gather due diligence materials for sales and refinances.
7. Track down answers to issues stemming from financial statements (e.g. balance sheets, income statements, and general ledgers).
8. Quarterly distributions.  Support asset managers on select property distributions by populating the Excel workbooks with financials, updating current equity balances, and revising the forecasts.
9. Quarterly Distributions & Yield Report for Senior Management.  Work with Asset Managers to compile the report, prepare explanations, and research anomalies.
10. Quarterly investor letter reports. Provide commentary and compile metrics for letters sent to SP’s investors.

REQUIREMENTS

1. Bachelor’s degree in business, finance, accounting, real estate, or related field, or possess equivalent combination of education and work experience.
2. Minimum two years of experience in financial/data analysis with a strong preference for prior real estate experience.
3. Exceptional analytical skills, problem solving and decision making skills including financial analysis, statistical analysis, and business case development.
4. Excellent written and verbal communication skills, including ability to communicate and interact with team members at all levels throughout the organization.
5. Ability to present findings to a group including company executives.
6. Ability to multi-task including project management and administration, customer service, and special project work.