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Asset Management Budget Analyst

2 months ago

Phoenix, United States NEXmetro Communities Full time

NexMetro is an innovative real estate developer that is revolutionizing how consumers think about housing. We are seeking an Asset Management Budget Analyst responsible for budgetary planning and support at the property level of NexMetro’s build-to-rent portfolio.

NexMetro Communities is one of the nation’s largest single-family rental community developers, specializing in building communities for consumers seeking a place that rents like an apartment but lives like a single-family home. NexMetro develops luxury leased communities marketed under the name Avilla Homes. Avilla neighborhoods combine the benefits of luxury residential single-family living with the convenience, flexibility, and professional on-site management of a Class A apartment community. The result is a new residential hybrid housing option—detached, single-story homes in prime suburban locations that are highly differentiated from traditional rental products. Founded in 2012 and a pioneer in the space, NexMetro has invested more than $2 billion in projects completed or under construction, comprising more than 50 neighborhoods spanning Sunbelt locales from Arizona to Florida.

We are an entrepreneurial company with a strong, passionate company culture, and we are seeking team members with a similar mindset.

Summary of Responsibilities:

Assists in developing property budgets, providing advice and analysis to increase spending efficiency Executes the necessary process to create monthly portfolio reports and helps produce other reports as needed. Conducts monthly and quarterly reviews and analyzes expense variances. Provides supplemental analysis for line-item review and preparation of property budgets and reforecasts. Works closely with accounting to complete the month-end closing and provides monthly financial reviews for management. Makes recommendations to improve fiscal efficiency based on the interpretation and organization of financial information. Presents budget analysis and recommendations to management at the start of each budgetary cycle. Develops, organizes, and maintains files, documents, and materials relating to budgetary practices according to the company’s policies. Executes transactions within the integrated budget and accounting system. Attends and actively participates in committees, professional groups, and seminars to stay current regarding new developments and trends in budgeting and finance. Provides departments with information and answers regarding budgets, forecasts, surveys, financial trends, and other requested data. Performs other related duties as assigned.

Summary of Ideal Qualifications:

Bachelor’s degree in Finance, Accounting, or related field. At least two years of experience in the multi-family industry involving analytical research and reporting complex financial data or any relevant experience and education. Excellent verbal and written communication skills. Proficient in accounting software and Microsoft Office Suite or related software. Yardi experience, including Forecast IQ, is preferred. A thorough understanding of accounting and budgeting principles and practices, statistical methodology, generally accepted accounting principles and generally accepted auditing standards. Thorough understanding of the principles of financial analysis and economics. Basic understanding of and ability to conduct cost-benefit analysis. Ability to skillfully perform detailed statistical analyses of budget activities. Ability to prepare and present clear, concise administrative and financial reports. Ability to work independently and complete work on schedule. Ability to interpret financial data contained in reports and ledgers. Ability to develop and maintain cooperative working relationships with various employees, vendors, stakeholders, and other interested personnel.

NexMetro’s Core Values: Servant Leadership: Lead with humility, providing encouragement and empowering achievement.

Collaborative Spirit: Inspire individual drive, focus and performance to create a best-in-class organization.

Pursuit of Excellence: Inspire individual drive, focus and performance to create a best-in-class organization.

Do the Right Thing. Always: Act honestly, ethically, and responsibly.

The Power of Fun: Life’s too short. Make work fun .

NexMetropian Qualities: NexMetro team members, also known as NexMetropians, form a diverse group of professionals from many walks of life with certain shared traits that create a common thread. NexMetropians are humble, understanding that our strength comes through our collective abilities and not through individual achievement. NexMetropians are hardworking team members willing to roll up our sleeves to help others regardless of our role within the organization. NexMetropians lead by example, and we do not ask things of our team members that we are not willing to do or have not done ourselves in the past. Finally, NexMetropians are a lot of fun, and we enjoy working together to build a great company and a great product for our residents.

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