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Multifamily Financial Analyst

2 months ago

Maitland, United States ConcordRENTS - Concord Management Full time

**Must be local to Central Florida as this position reports daily to our Maitland, Florida office.

Partners and provides support to Operations on key financial processes including, but not limited to monthly financials, future operating income, cash flow projections and other financial metrics. Information obtained from such efforts will be used to assist the Senior Leadership Team and Owners with evaluating business results and issues in a timely, effective and efficient manner. 

 

ESSENTIAL FUNCTIONS:

1.   Meets with Operational Leaders on a monthly basis to review financial performance, future projections, market survey data and other key financial data on Concord’s portfolio of communities. This position is responsible for organizing meetings, providing financial data to Operations, and documenting issues in a clear and concise manner that will assist Senior Management with the overall management of our real estate assets.

2.   Assist with rental pricing in markets where Concord has an opportunity to increase rental and ancillary income fees or improve occupancy through pricing based on trends in the market. Responsibilities will also include working with the marketing team to gather and report on customer related information and the community staff to implement pricing strategies at the unit level.

3.   Provide detail and high-level reports to Senior Management on a variety of topics including both financial and non-financial information on a regular and ad-hoc basis. This position is to have a good working knowledge of Yardi, Navision, Microsoft Excel and Jet Reports.

4.   Assist in the development of community level annual budgets, annual projections and five-year plans including all revenue accounts, operating expenses, non-operating expenses and debt costs. This position is to also have the skills necessary to consolidate budgets and provide reporting on cause of change issues.

5.   Possesses a good working knowledge of Concord’s operating policies and procedures in order to evaluate effectiveness and suggest improvements the will drive additional income and/or reduce operating expenses to improve overall profitability and cash flow for the communities.

6.   Other special projects and tasks will be assigned as needs are identified.

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Qualifications

Bachelor’s degree in Business or related discipline and one to two years of property management or financial analyst type work experience required. Must be familiar enough with Yardi to run reports and evaluate results and have a good working knowledge of Microsoft Excel.