Construction Financial Analyst

Title:                          Financial Analyst

Department:          Construction Asset Management (“CAM”)

FLSA Status:            Non-Exempt

WNC is a leading provider of investment, asset management and development services to a wide array of partners ranging from for-profit and nonprofit developers and property owners to the nation’s largest corporations and financial institutions.  As a family-owned business for more than 50 years, we’ve acquired more than 1,700 properties representing $15.8 billion in assets.

Position Responsibilities:

• Support Asset Managers on projects in the construction phase (new construction and rehabilitation);
• Process capital contributions for each project, including tracking of required benchmarks; work with Asset Managers on timing disbursement of capital call requests to minimize quarterly equity roll-over;
• Complete depreciation projections at time of hand-off from Underwriting Team and upon receipt of final construction draw;
• Create internal Sources & Uses for each projects as construction progresses;
• Update internal database and monthly construction/lease-up status report for meetings with Asset Management team;
• Assist Asset Managers with project hand-off from Underwriting Department to CAM, construction draws and site visit reports, construction contingency, developer fee, change orders and completion percentage;
• Maintain and organize all e-mail communication and project files received for project, including from Underwriting Team hand-off;
• Assist CAM Asset Managers with quarterly reporting to investors;
• Track collections of year-end tax returns and audits for relevant partnerships in the CAM portfolio;
• Maintain tax credit projections from developer partners for projects as of year-end for the Compliance Team; estimate corresponding tax credit adjusters due to construction delays;
• Ad hoc requests and analyses from asset managers and other department staff; and
• Certain administrative duties.

Requirements:

• Bachelor’s degree in a business or engineering-related field;
• Excel, Word, and Outlook knowledge and experience;
• Real estate finance and accounting knowledge a plus;
• Ability to prioritize and multi-task;
• Ability to work well within a group setting; and
• Must be a self-starter and willing to take on new responsibilities.

The above information is intended to describe the general nature and level of work being performed by employees assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required. 

Benefits & Opportunities:

• WNC is an equal opportunity employer that is committed to a diverse and inclusive workforce that considers all qualified applicants without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
• WNC offers a competitive benefits package which includes medical, dental, and vision insurance, paid time-off, 401k match, life insurance, and long-term disability.

The compensation listed represents the expected salary for this position. A candidate's work experience and other job-related factors will also be considered.

Salary : $60,000 - $70,000