Financial Analyst

3 weeks ago


Newport Beach, United States CapRock Partners Management Inc Full time
Job DescriptionJob DescriptionJob Description: Financial Analyst

Position
CapRock Partners is seeking a Financial Analyst who will assist the Vice President of Portfolio Management in updating and monitoring the financial performance of CapRock’s value-add investments and large-scale logistics developments.  This position will report directly to the Vice President of Portfolio Management.  In addition, this position will interact primarily with the Portfolio Management and Asset Management teams and also collaborate with the Acquisitions, Development, Capital Markets, Investor Relations, and Accounting Teams, gaining broad exposure to all aspects of CapRock’s industrial investments and development projects.  This is a great opportunity to join a highly respected firm with an incredible culture centered around ethics, collaboration, and a collegial environment.  This position will also interact with senior management, including the President and CEO.

Essential Duties and Responsibilities:
  • Collaborate with the Development, Asset Management and Accounting Teams to reforecast returns (on a quarterly, or as-needed basis) based on current market leasing assumptions, projected development/TI/LC costs, and actual monthly income and expense data.  This includes helping generate variance reports against the original investment committee pro forma and working with CapRock’s internal teams to explain any material variances.
  • Assist the Portfolio Management Team in preparing and maintaining both quarterly pro forma reforecasts and quarterly valuation (Fair Value) models in Argus and Excel, for CapRock’s existing assets and development projects located throughout the Western US and Texas.
  • Work with the Asset Management Team and Acquisitions Team as needed to determine various assumptions including, but not limited to, overall market information, competition, lease rates, absorption figures, cap rates, etc.
  • Prepare pro forma scenario analysis (including but not limited to) prospective leases, speculative tenant improvements, potential refinancing and hedging, hold-sell analysis, and other requests as needed.
  • Maintain a library of supporting documentation of market and property information used in CapRock‘s pro formas and valuation models.
  • Contribute information and analysis to the monthly, quarterly, and annual management reports provided to investors.
  • Review and understand leases, loan documentation, fund documentation and other pertinent information to accurately model their financial impacts on investment pro formas and valuations.
  • Assist in special projects of the Portfolio Management and executive team.
Experience and Education:
  • An undergraduate degree in Business, Finance, Accounting, or a related field is required. 
  • 1-3 years of experience as an analyst in the commercial real estate industry, preferably with exposure to industrial assets.
  • Excellent quantitative skills using Excel and Argus.  Argus certification preferred. Yardi experience preferred.
  • Ability to adapt and problem-solve in a fast paced, constantly changing business environment. 
  • Positive, upbeat, can-do attitude with strong interpersonal skills willing to engage with team members.

Who are we?
CapRock is one of the leading industrial investors and developers in the Western United States. We specialize in acquiring middle-market value-add industrial properties, generally between $20M-$50M per acquisition and large-scale Class A logistics developments in California, Arizona, and Nevada. Since 2009, we have acquired, developed, or have in our pipeline more than 30,000,000 square feet of industrial real estate. 

What do we do?
Do you have a fun, fast-paced, creative problem-solving, get-it-done mindset of an entrepreneur?   Do you take pride in your work striving for the highest levels of institutional quality and excellence, but don’t take yourself too seriously?  If so, you’ll love being on our team.  Our goal as a company is to provide our investors with institutional quality along with an entrepreneurial spirit.  That goal extends to our finance and accounting team as we strive to deliver best-in-class high-quality reporting and analysis for investors, external counterparties, regulators, and management decision making.  Our team works with the Company’s teams as a business partner rather than a back-office function. 

What do we value?
We take our values seriously, do these values inspire you?  If so, you’ll love working here:
  • PEOPLE before projects     
  • Strive for EXCELLENCE
  • FIDUCIARY responsibility is a sacred Trust     
  • INTEGRITY always
  • BLESSED to be a Blessing (10%)       
  • Industrial real estate is a TEAM SPORT
  • NO is not an Answer

Terms/Expected Hours of Work
  • 40+ hours per week during standard business hours Monday through Friday 8:00-5:00.
  • CapRock values its employees and its culture.  We foster team mentality by working closely and collaborating across departments.  It is through our in-person workplace and culture that we can effectively collaborate and have continued success.  For this reason, our expectation is for employees to work from a CapRock office five days a week, except in limited circumstances permitted by CapRock Policy.
Benefits
  • Highly competitive base salary
  • Yearly bonuses on the overall success of the company and additionally your individual contributions
  • An impressive, 100% employer-paid medical PPO, dental, and vision coverage for employee and eligible dependents
  • 15 days PTO/Sick time (three weeks)
  • 10 paid holidays
  • A fun, collaborative, and team-based environment
  • Quarterly birthday lunches and other department and company-wide team bonding events
  • An abundance of snacks, fruit, coffee, and tea all day every day


 

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