What are the responsibilities and job description for the Land/Financial Analyst position at KB Home?
About KB Home
KB Home is one of the largest and most recognized homebuilders in the United States and has built over 650,000 quality homes in our more than 60-year history. Today, KB Home operates in 45 markets from coast to coast. What sets KB Home apart is the exceptional personalization we offer our homebuyers from those buying their first home to experienced buyers allowing them to make their home uniquely their own, at a price that fits their budget. As the leader in energy-efficient homebuilding, KB Home was the first builder to make every home it builds ENERGY STAR� certified, a standard of energy performance achieved by fewer than 10% of new homes in America, and has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership and is designed to be healthier, more comfortable and better for the environment than new homes without certification. We build strong, personal relationships with our customers so they have a real partner in the homebuying process. As a result, we have the distinction of being the #1 customer-ranked national homebuilder in third-party buyer satisfaction surveys. Build your career with KB Home.
JOB SUMMARY: The Land Financial Analyst position is responsible for supporting the Land Acquisition team by preparing financial proformas, providing financial analysis, and assisting with preparation of Land Committee packages for the purposes of maximizing the profit of existing and proposed land assets which align with Market Strategy and Business Plan goals.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Financial/Market Feasibility Analysis:
- Assist the Land Acquisition team in the preparation of financial proformas to determine the viability of proposed land acquisitions.
- Work with the development team to determine budgets and schedules to be used in proformas.
- Coordinate with multiple departments to understand home construction costs and buyer preferences to be used in proformas.
- Review and analyze due diligence information for potential investments
- Extract & analyze data from a variety of sources including the MLS, company databases, Zonda, LandVision, Census Bureau, and other external websites.
- Prepare pre-acquisition investment briefs and related support material.
- Post acquisition – maintain financial proformas to assess ways to enhance performance of existing communities and to report actual performance.
- With the guidance of Land Acquisition leadership, prepare detailed Land Packages with relevant support data for submittal to Corporate Land Committee to seek approval of new real estate transactions.
- Prepare follow-up analysis and forms necessary to transact wires for said acquisitions.
- Assist the Land Acquisition team in preparing the Market Strategy report annually.
- Assist Land Acquisition leadership with ad hoc projects as needed.
Education:
- Minimum of a bachelor's degree or higher (Accounting, Business, Finance, and/or Real Estate preferred)
- 2-5 years of land acquisition transactional and/or entitlement/forward planning experience in residential or commercial real estate preferred.
- Homebuilding industry experience preferred but not required.
- Strong technical and analytical skills
- Excellent oral and written communication skills
- Must be proficient in Microsoft Suite (at least intermediate level)
- Strong organizational skills with ability to multi-task and prioritize
- Timeline driven, with proven track record for meeting deadlines
- Market analysis experience a plus
- Mapping software (ArcGIS, Google Earth, LandVision) experience a plus
- Position is located on-site (10800 Pecan Park Blvd; Suite 200, Austin, Texas 78750) #LI-onsite
Find out why KB Home is attracting and retaining the best employees! If you are interested and qualified, please apply now. KB Home provides above average compensation packages and earnings potential, full benefits, an outstanding 401K matching program, bonus plans and amazing promotional opportunities. KB Home is an equal opportunity employer committed to hiring a diverse work team. Diversity is important to KB Home!
KB Home and its affiliates do not accept unsolicited resumes from individual recruiters or third party recruiting agencies (collectively, "Recruiters") in response to job postings. If Recruiters nevertheless submit one or more unsolicited resumes to any employee at KB Home or its affiliates without a valid written agreement in place for recruiting services, such resumes will be deemed the sole property of KB Home and its affiliates. No fee will be owing or paid to Recruiters who submit unsolicited candidate resumes, in the event any such candidate is hired by KB Home or its affiliates as a result of the submittal, without a valid written agreement between the Recruiter and KB Home.
