Senior Financial Analyst

POSITION IDENTIFICATION

Title: Senior Financial Analyst

Business Unit: Land Acquisitions

Reports to: Chief Acquisitions Officer

Date Opened: March 2024

Target Start Date: ASAP

COMPANY DESCRIPTION

Join the fast-paced, exciting world of real estate development, while working to solve CA’s most important issue in an ethical, sustainable, and equitable way.

Come join a team that will quickly become the most active developer of housing in Southern California, with a plan to build 1,000+ units per year to address the housing crisis. Impact Housing is a mission-driven, vertically integrated housing development and production company with an innovative delivery model that is designed to build and activate high volumes of unsubsidized new housing, and in so doing, help address the housing shortage in Southern California.

We are seeking a talented, energetic, and ambitious professional to help us develop and execute the industry’s most innovative private-sector solution for the housing crisis.

Join a team of seasoned professionals with decades in the industry and grow your career with us. As we accelerate forward into our mission, we want you to be a part of our story. Every full-time employee is granted equity ownership in the company.

JOB SUMMARY

An organized and detail-oriented Senior Financial Analyst (Multifamily), who will support our Acquisitions team in sourcing and evaluating various real estate development projects. This person will be responsible for performing complex financial, quantitative, and qualitative analyses, coordinating pre-development and investment initiatives, and supporting transactions from inception to close. The Senior Financial Analyst is a total modeling “rock star” with deep knowledge and a love of real estate and finance.

Duties/Responsibilities:

• Prepare accurate and institutional grade underwriting work product, build and run financial models, investor return analysis, due diligence, and other analyses to assist with the timely evaluation of investments in new development projects with minimal oversight.

• Role includes creating and performing extensive cash flow modeling, including scenario and sensitivity analyses; understanding principles of sources and uses, discounting methodologies, deal structuring, promoted and carried interests, and other financing mechanisms.
• Provide ad hoc analytical support for evaluating potential acquisitions.
• Assist with asset management for existing asset acquisition targets basic financial reporting for operating assets prior to demolition and disposition of asset activities for the portfolio.
• Assist in securing financing with a broad understanding of capital markets for various asset classes.
• Analyze various capital structures to determine the best course of action using sound logic and judgement of the potential outcomes.
• Provide insight on financial performance, including analysis of variance to prior periods, forecasts, or budgets.
• Assist in preparing internal and external presentation materials and documents (e.g., investment committee presentations, LOIs, lender materials, etc.)

Required Skills/Abilities:

• A strong working knowledge of real estate terminology across all the asset classes, understanding of asset characteristics, strong command of market analysis.
• Highly skilled in Microsoft Office
• Strong analytical abilities, exceptional work ethic and commitment to excellence
• Ability to communicate ideas (written and verbally) clearly and concisely
• Ability to work independently and responsibly with little supervision and instruction, but also work well in a team-oriented environment
• Strong attention to detail
• Desire to work as part of a small, highly entrepreneurial team

• A Strategic thinker who can break down complex problems into meaningful, actionable steps, set and communicate priorities for his/her team and the rest of the management team
• Intuitively know how to ask the right questions and are passionate about using data to support and drive informed business decisions.
• Demonstrate and foster a sense of urgency, commitment, and accountability while making sound decisions and achieving goals
• Natural curiosity about how things work and not afraid to get your hands dirty to find out the answers.
• You can identify critical issues and craft practical solutions that enable the creation of sustainable competitive advantage
• High energy, results-oriented, entrepreneurial, self-starter, open, direct, a smart risk-taker
• Ability to deal effectively with ambiguity, and change, and adapt appropriately to a range of situations.
• Integrity and a strong moral compass as well as a passion for innovating our industry.
• You are always looking for ways for you and your team to improve
• You will uphold the values and contribute to developing a positive and inclusive company culture, while also being a results-oriented leader

Education and Experience:

• 3 - 5 years of financial analysis of real estate-based financial models (preferably for ground-Up development).
• A bachelor’s degree is required; a master’s degree is preferred

Physical Requirements:

• Prolonged periods of sitting at a desk and working on a computer.
• Must be able to lift 15 pounds at times.

COMPENSATION

• Competitive Salary range of $80,000 - $85,000 depending on experience
• Health benefits, Medical, Dental, FSA
• Vacation
• Sick time
• Holiday pay
• Ownership of company equity
• 401K Retirement Plan