What are the responsibilities and job description for the Asset Management Analyst position at BH?
Job Details
Company Information
At BH Management Services, we are committed to creating value. We acquire, improve and manage apartment communities, and our success in this endeavor is evidenced by our growth from a start-up firm in 1993 to one of the largest multi-family management companies in the nation. BH understands that great customer service is what keeps residents satisfied, and that great service comes from engaged, happy and well-trained team members. In 2018 and 2017, BH was ranked as one of FORTUNE magazine and Great Place to Works "Best Workplaces for Women." BH was also ranked in 2018 and 2020 as one of the "Best Workplaces for Millennials. In addition, in 2019, BH was named to the 100 Best Workplaces for Diversity. We continue to recognize that we are only as strong as each individual employee and we value our employees by providing a strong benefit package:
- 3 Weeks of Paid Time Off
- Medical/ Dental/ Vision
- 401(k) company match
- Birthday Paid Day Off
- BH Gives Back (Paid Volunteer Time Off)
- 12 Paid Holidays
- BH Paid Leave
- Sabbatical
- Education Reimbursement
- Employee Assistance Program
Job Description
As a member of the Asset Management Team, the position offers a self-starter with analytical and quantitative skills the opportunity to work with a diverse group of people in a highly collaborative environment. This person should possess strong organizational skills and excellent attention to detail. The Analyst will assist the team in analyzing the performance of value-add strategies of a multifamily real estate portfolio and generally provide support to ensure successful execution of the business plans.
Essential Job Functions:
- Provide analytical support to the Asset Management Team via effective collaboration between various departments (Accounting, Business Intelligence, Construction, and Operations).
- Perform regular property operations and financial reviews to identify areas for improvement.
- Analyze actual pricing performance to proforma/budget and market conditions for revenue optimization.
- Evaluate timeline and returns on investment for interior unit renovation business plans.
- Audit performance of value-add construction projects.
- Review competitive sets to evaluate properties market positioning and performance.
- Develop financial models and other analytics tools for Asset Management utilizing Excel and the Companys proprietary software.
- Prepare financial modeling and other analyses for asset level decision-making.
- Present and communicate results and recommendations.
- Assist the Asset Management Team on annual property budget reviews including capital expenditure plans.
- Conduct hold/sell/refinance analyses and present outcomes of various scenarios.
- Special projects as assigned.
Minimum Qualifications/Skills:
- Bachelors Degree in Real Estate, Finance or related field.
- 1-3 years of analytical experience (experience with multifamily assets preferred, not required).
- Advanced analytical and quantitative skills.
- General knowledge of standard accounting practices and procedures.
- Advanced proficiency in Microsoft Office, specifically Excel.
- Strong organizational skills and excellent attention to detail.
- Professional communication and interpersonal skills.
- Robust motivation to learn and work with a diverse group of people in a highly collaborative environment.
Work Schedule: 8am-5pm, Monday-Friday, or as needed to meet business needs.
BH/B.HOM is an Equal Employment Opportunity Employer. We foster the diverse voices of our community by advocating for inclusivity, celebrating our differences, and continually evolving our practice to make BH/B.HOM a better place to work and live.
