Address
Form of workSenior Real Estate Financial Analyst
Department: Corporate
Employment Type: Full Time
Location: Overland Park, KS
Compensation: $75,000 / year
Description
The Financial Analyst will play a vital role in our portfolio management, financial planning, and analysis processes for both multi-family and commercial institutional-grade properties. This position will be responsible for conducting in-depth financial research, developing comprehensive financial models, analyzing investment opportunities, and providing insightful recommendations to senior management. This team member must possess exceptional analytical skills, excel at distilling information, and demonstrate expertise in creating both high-level back-of-the-envelope analyses as well as detailed financial models. This role involves close collaboration with our executive management team and property management experts. The team member should thrive in an entrepreneurial, highly collaborative, and fast-paced environment. The role also requires the ability to assist in developing investment memoranda, conducting in-depth market research, and performing property-level due diligence.
Salary: Starting at $75,000 annually
Key Responsibilities
Property Financial Analysis and Due Diligence:
• Develop detailed property financial models, incorporating varying assumptions and underwriting components.
• Input property data into the models, including existing building programming and metrics, rent rolls, expenses, historical financials, and other relevant information for underwriting purposes.
• Analyze existing building plans, rent rolls, and zoning information to derive value-add and stabilized assumptions.
• Perform various situational and sensitivity financial analyses to evaluate different investment scenarios.
• Perform financial due diligence on potential acquisitions and prepare investment memos.
Return Analysis:
• Determine unleveraged and leveraged property-level returns and equity returns.
• Create Sources & Uses statements, unit mix analysis, and pro forma financial models to determine optimum Return on Cost, Net Present Value, and Internal Rate of Return.
Market Research:
• Conduct comprehensive market research, including rent comparison analyses, to make informed revenue and market trend assumptions.
• Stay informed about market and economic conditions, and industry developments that may impact the company's Real Estate investments.
• Research comparable property transactions and market benchmarks.
Budgeting and Forecasting Support:
• Collaborate with the team to assist in the annual budgeting and forecasting processes.
• Monitor and analyze budget-to-actual performance, identifying areas of concern and proposing corrective actions.
Investment Support:
• Assist in the preparation of investment memoranda to present opportunities to stakeholders effectively.
• Support the due diligence process by conducting in-depth research and analysis of potential acquisitions.
Collaboration and Communication:
• Work closely with cross-functional teams, including Asset Management, Operations, and Legal, to ensure financial objectives align with overall business goals.
• Present financial analysis and recommendations to senior management in a clear and coherent manner.
• Collaborate with team members to share insights and contribute to strategic decision-making.
Skills, Knowledge and Expertise
• Demonstrate effective, courteous communication (written and verbal) and interpersonal skills
• Strong customer service skills, with the ability to maintain confidentiality and professionalism
• Neat, clean, well-groomed appearance in order to make a good impression at all times
• Strong attention to detail with good organizational skills
• Ability to work independently with minimal supervision and willingness to learn
• Effective time management skills with the ability to manage multiple tasks
• Ability to work under some pressure relating to the completion of projects on a schedule
• Interpret a variety of instructions furnished in written, oral, diagram, or schedule form
• Computer proficiency including but not limited to Microsoft Office and financial modeling products
• Knowledge of Yardi or MRI as well as RedIQ, Argus or similar software preferred
• Ability to learn and retain knowledge of operating software system
• Strong math aptitude with attention to detail and accuracy
• Excellent analytical and problem-solving skills
• Conduct in-depth research, analyze complex data, and translate findings into actionable insights
• Ability to operate in a constant state of alertness, and safe manner
• Driving is an essential function of the job
• English must be used when communicating with a client or coworker. Another language may be used if preferred by both parties.
• Knowledge and practice of Company standard operating procedures and related policies, procedures and laws
• Familiarity with portfolio and financial management concepts
Education (level and type)
• Bachelor's degree or higher in Finance, Real Estate, Economics, or a related field preferred
Required Work Experience
• Minimum number of years: At least 3 years of related experience in Real Estate Financial analysis, modeling and underwriting preferred
Certifications and/or Licenses
• Valid driver license legally allowing driving for work purposes during working hours;
• Valid automobile insurance when operating a vehicle for business purposes; and
• Any other licenses/certifications required by a governing agency - otherwise, none
Continuing Education Courses
• Only those required to maintain government agency certification or licensing
• Completion of applicable Company training programs throughout employment
Working Conditions
• Short periods of exposure to all weather conditions, including extreme temperatures of below 32 degrees and above 100 degrees
• Position may require work at other locations
• Majority of time spent in an office environment
• It is the team member's responsibility to have the appropriate clothing and personal protective equipment to work in the outdoor elements when applicable
• In person regular, predictable attendance is essential to position
• Position will require the use of a personal vehicle
• Occasional business travel with overnight stay(s)
Physical Requirements (may vary by property)
• Occasional kneeling, crouching, bending or stooping down
• Normal visual acuity, and field of vision, hearing, speaking, color perception, sense of smell, depth perception, and texture perception
• Maximum occasional lift of 30 lbs. from floor to waist; Maximum occasional lift of 5 lbs. from floor to shoulder; Maximum occasional carry of 30 lbs.
• Maximum occasional horizontal push/pull force of 15 lbs.
• Occasional climbing of 8 - 10 inches (mainly stairs and curbs)
• Frequent neck flexion; occasional neck rotation
• Constant hand coordination; frequent fine motor coordination; repetitive key-stroke activity for up to several hours a day
• Frequent walking or independent movement around the property
• Constant sitting or desk work
Benefits
The company offers an array of outstanding health and wellness benefits starting the first of the month after 30 days of service. Reasonable insurance premiums including 4 medical options, dental, vision, life & disability, FSA dependent care, legal assistance, identity theft and more. Participate in the company's 401k retirement plan, enjoy paid time off and 10 holidays + your birthday! Whether we are cheering on one of our local sports teams, volunteering at a philanthropy or celebrating team milestones, Price Brothers cares about our team members & our community.
Department: Corporate
Employment Type: Full Time
Location: Overland Park, KS
Compensation: $75,000 / year
Description
The Financial Analyst will play a vital role in our portfolio management, financial planning, and analysis processes for both multi-family and commercial institutional-grade properties. This position will be responsible for conducting in-depth financial research, developing comprehensive financial models, analyzing investment opportunities, and providing insightful recommendations to senior management. This team member must possess exceptional analytical skills, excel at distilling information, and demonstrate expertise in creating both high-level back-of-the-envelope analyses as well as detailed financial models. This role involves close collaboration with our executive management team and property management experts. The team member should thrive in an entrepreneurial, highly collaborative, and fast-paced environment. The role also requires the ability to assist in developing investment memoranda, conducting in-depth market research, and performing property-level due diligence.
Salary: Starting at $75,000 annually
Key Responsibilities
Property Financial Analysis and Due Diligence:
• Develop detailed property financial models, incorporating varying assumptions and underwriting components.
• Input property data into the models, including existing building programming and metrics, rent rolls, expenses, historical financials, and other relevant information for underwriting purposes.
• Analyze existing building plans, rent rolls, and zoning information to derive value-add and stabilized assumptions.
• Perform various situational and sensitivity financial analyses to evaluate different investment scenarios.
• Perform financial due diligence on potential acquisitions and prepare investment memos.
Return Analysis:
• Determine unleveraged and leveraged property-level returns and equity returns.
• Create Sources & Uses statements, unit mix analysis, and pro forma financial models to determine optimum Return on Cost, Net Present Value, and Internal Rate of Return.
Market Research:
• Conduct comprehensive market research, including rent comparison analyses, to make informed revenue and market trend assumptions.
• Stay informed about market and economic conditions, and industry developments that may impact the company's Real Estate investments.
• Research comparable property transactions and market benchmarks.
Budgeting and Forecasting Support:
• Collaborate with the team to assist in the annual budgeting and forecasting processes.
• Monitor and analyze budget-to-actual performance, identifying areas of concern and proposing corrective actions.
Investment Support:
• Assist in the preparation of investment memoranda to present opportunities to stakeholders effectively.
• Support the due diligence process by conducting in-depth research and analysis of potential acquisitions.
Collaboration and Communication:
• Work closely with cross-functional teams, including Asset Management, Operations, and Legal, to ensure financial objectives align with overall business goals.
• Present financial analysis and recommendations to senior management in a clear and coherent manner.
• Collaborate with team members to share insights and contribute to strategic decision-making.
Skills, Knowledge and Expertise
• Demonstrate effective, courteous communication (written and verbal) and interpersonal skills
• Strong customer service skills, with the ability to maintain confidentiality and professionalism
• Neat, clean, well-groomed appearance in order to make a good impression at all times
• Strong attention to detail with good organizational skills
• Ability to work independently with minimal supervision and willingness to learn
• Effective time management skills with the ability to manage multiple tasks
• Ability to work under some pressure relating to the completion of projects on a schedule
• Interpret a variety of instructions furnished in written, oral, diagram, or schedule form
• Computer proficiency including but not limited to Microsoft Office and financial modeling products
• Knowledge of Yardi or MRI as well as RedIQ, Argus or similar software preferred
• Ability to learn and retain knowledge of operating software system
• Strong math aptitude with attention to detail and accuracy
• Excellent analytical and problem-solving skills
• Conduct in-depth research, analyze complex data, and translate findings into actionable insights
• Ability to operate in a constant state of alertness, and safe manner
• Driving is an essential function of the job
• English must be used when communicating with a client or coworker. Another language may be used if preferred by both parties.
• Knowledge and practice of Company standard operating procedures and related policies, procedures and laws
• Familiarity with portfolio and financial management concepts
Education (level and type)
• Bachelor's degree or higher in Finance, Real Estate, Economics, or a related field preferred
Required Work Experience
• Minimum number of years: At least 3 years of related experience in Real Estate Financial analysis, modeling and underwriting preferred
Certifications and/or Licenses
• Valid driver license legally allowing driving for work purposes during working hours;
• Valid automobile insurance when operating a vehicle for business purposes; and
• Any other licenses/certifications required by a governing agency - otherwise, none
Continuing Education Courses
• Only those required to maintain government agency certification or licensing
• Completion of applicable Company training programs throughout employment
Working Conditions
• Short periods of exposure to all weather conditions, including extreme temperatures of below 32 degrees and above 100 degrees
• Position may require work at other locations
• Majority of time spent in an office environment
• It is the team member's responsibility to have the appropriate clothing and personal protective equipment to work in the outdoor elements when applicable
• In person regular, predictable attendance is essential to position
• Position will require the use of a personal vehicle
• Occasional business travel with overnight stay(s)
Physical Requirements (may vary by property)
• Occasional kneeling, crouching, bending or stooping down
• Normal visual acuity, and field of vision, hearing, speaking, color perception, sense of smell, depth perception, and texture perception
• Maximum occasional lift of 30 lbs. from floor to waist; Maximum occasional lift of 5 lbs. from floor to shoulder; Maximum occasional carry of 30 lbs.
• Maximum occasional horizontal push/pull force of 15 lbs.
• Occasional climbing of 8 - 10 inches (mainly stairs and curbs)
• Frequent neck flexion; occasional neck rotation
• Constant hand coordination; frequent fine motor coordination; repetitive key-stroke activity for up to several hours a day
• Frequent walking or independent movement around the property
• Constant sitting or desk work
Benefits
The company offers an array of outstanding health and wellness benefits starting the first of the month after 30 days of service. Reasonable insurance premiums including 4 medical options, dental, vision, life & disability, FSA dependent care, legal assistance, identity theft and more. Participate in the company's 401k retirement plan, enjoy paid time off and 10 holidays + your birthday! Whether we are cheering on one of our local sports teams, volunteering at a philanthropy or celebrating team milestones, Price Brothers cares about our team members & our community.
