Director of Financial Planning and Analysis
4 weeks ago
ResProp Management helps people find apartment homes and builds communities. We are a multi-family property management company that serves people, community residents and owners. We got our start in 2010, have grown to over 11,000 units and we are continuing to grow daily. We owe our success to our focus on servant leadership, and our commitment to hiring top talent from the most innovative companies from both inside and outside the multifamily industry.
What you'll do:
- Develop and market Avesta Homes asset management client services as a greenfield business venture, including value proposition, scope design, recurring reporting and processes, owner expectation, goal-tracking, and contract negotiation (20%)
- Design and manage corporate P&L and Cash Flow Statement, assisting executive leadership in decision-making that promotes revenue optimization, expense allocation and control, and company growth within a multi-entity corporate structure (20%)
- Responsible for overall business analytics initiatives, focusing on financial and operational benchmarking and new initiatives cash flow projections. Able to create ad hoc reports as needed (20%)
- Manage Avesta Homes Financial Planning and Analysis team (employee coaching & development, performance reviews, and day to day oversight) (15%)
- Responsible for Avesta Homes financial reporting to investors and real estate property owners. Ensures financial reports comprehensiveness, accuracy, and promptness (5%)
- Manage annual and ongoing asset budgeting & forecasting processes, along with budget variance analysis and reporting. Able to create property-level budget to support new business (10%)
- Oversee Avesta Homes Revenue Management processes, maintenance, oversight, and systems implementations. Able to manage all pricing, system maintenance, and vendor troubleshooting (10%)
- This position supervises at least 2 subordinates and directly reports to the Vice President of Operations.
- Bachelor's degree in Finance, Economics, Mathematics, or Data Science and 3 years of experience as Financial Managers
- Minimum 3 years of experience in multifamily asset or portfolio management, specifically in fee managed business model;
- Minimum 3 years of experience in multifamily asset budgeting and forecasting experience including payroll, debt services, and cash flow modeling;
- Minimum 3 years of experience in multifamily real estate revenue management including software implementation (Yieldstar preferred), pricing oversight, employee training, ongoing system maintenance and triage, and ownership interfacing;
- Minimum 3 years of experience in preparation and outbrief of financial reports and analysis to investors and company executives;
- Minimum 3 years of experience in property management operations experience including: develop benchmarks for measuring financial and operating performance; develop and enhance necessary dashboards to track health metrics and business performance to drive short and long-term business decisions;
- Minimum 6 months of experience in corporate profit and loss responsibility including payroll forecasting, expense management, and revenue oversight; and
- Minimum 1 year of experience leading and managing teams including employee coaching & development, performance reviews, and day to day oversight.
- Travel 20% - 50% of the time, at least once a month to support property locations/businesses (supporting conference or client meetings) within the domestic U.S.
- Our compensation & benefits package is designed to reward long-term career growth. Your total compensation can and should grow as you progress with the company. We evaluate performance and provide direct feedback to all teammates throughout the year, and ensure that compensation matches the role and performance. In addition, we offer the following:
- Competitive salary
- Medical, Dental, & Vision Benefits
- 401(k) retirement plan
- Competitive Paid Time Off
- Discounted rent at any properties owned by ResProp Management
- Employment Eligibility Requirements:
- Applicants will be required to pass a background check and reference check prior to their first day to verify their employment eligibility. For finance focused positions a credit check may also be required.
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