What are the responsibilities and job description for the Financial Analyst position at Macerich Management Company?
Financial Analyst
Dallas Corporate Office
Dallas, Texas
Great people make great properties. As a shopping center developer of some of the nation’s best real estate in top markets, Macerich offers opportunities to work, grow and develop your unique talents. Apply now to help us shape the future of retail real estate while building a meaningful, rewarding, and balanced career.
The Position on our Team:
As a member of the finance team, the Financial Analyst has responsibilities in three key areas: Financings, financial metrics, and forecasting. The Financial Analyst has the opportunity to interact frequently with Executive Management including the CFO.
In This Role, You Will:
- Support the financing process for new loans and refinancings - gather tenant estoppels and SNDA’s, respond to lender due diligence Q&A, provide due diligence materials to support the loan underwriting process.
- Prepare and analyze debt compliance calculations and assist with reporting requirements under various loan agreements.
- Prepare certain line items within quarterly forecasts and annual budgets including update of debt assumptions for portfolio and projections for corporate and other upper tier entities.
- Review quarterly forecasts and annual budgets at individual property and portfolio levels including preparation of variance analysis and various reports.
- Analyze and review key financial metrics such as tenant sales, property occupancy and various leasing and rent metrics
- All other duties as assigned.
What You Bring to Macerich:
- Bachelor’s degree required, preferably in Real Estate, Finance or General Business.
- Minimum 1-3 years analyst experience preferably in a real estate property management organization.
- Experience in loan underwriting, real estate analytics and forecasting preferred.
- Intermediate knowledge of accounting software.
- Advanced knowledge of Excel.
- Strong written and verbal communication skills for correspondence with both internal and external parties.
- Ability to complete ad-hoc requests with minimal supervision.
- All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy.
Why You’ll Love Working with Us:
We know our people make us who we are, and we take pride in recruiting and retaining the best and brightest employees from all backgrounds. We recognize the value of strengthening our workforce with diverse thoughts, voices, ideas and people. This makes our company a rewarding and energizing environment to work in.
As an employee with Macerich, you will also benefit from the following:
- Best-in-class benefits with affordable employee contribution levels.
- Hybrid work schedule with the ability to work remotely two days per week.
- Annual paid time off, including vacation time, 12 paid holidays and 80 hours of sick time
- annually.
- Savings accounts for your future through 401K and Health Savings Accounts.
- Participation in the Company stock program at a discount.
- 24 paid volunteer hours annually and employer charitable match benefit.
- Access to Calm for mindfulness support, sleep hygiene, and stress management.
- A sense of belonging fostered by wellness, satisfaction, diversity and inclusion.
Why Macerich
We create places where people come together. Macerich is reinventing the retail experience bringing together the best of shopping, dining, office, multifamily and experiences to meet the needs of the communities we serve. With 44 properties in some of the most vibrant, bustling cities across the country from New York to California, Macerich is setting the bar for transforming retail real estate into our vision for Regional Town Centers for everyone.
Our Culture of Belonging
At Macerich, we prioritize diversity, inclusivity, and equity, benefiting our employees, workplaces, and communities. We actively seek talented individuals from diverse backgrounds, recognizing the strength it brings. Our goal is to create a thriving, respectful environment that celebrates uniqueness and fosters learning. We are proud of our practices promoting equal employment and advancement opportunities. Macerich welcomes all qualified applicants, regardless of protected characteristics. For further details, refer to our Anti-Harassment, Discrimination, and Retaliation Policy. We provide reasonable accommodations for individuals with disabilities. Contact our People team for assistance.
We strive to be leaders in our industry by operating properties that prioritize responsible stewardship of our resources for the benefit of our tenants, guests, investors, employees, communities, industry partners and the planet. We are also committed to creating a diverse, inclusive, and equitable workplace where all employees can thrive. By prioritizing and investing in our employees, we create value for our workplaces and Regional Town Centers, as well as the communities we serve.
Experience
Preferred- 1 - 3 years: Financial Analysis
Education
Preferred- Bachelors or better in Real Estate or related field
