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Financial Analyst

RED DEVELOPMENT LLC
Phoenix, AZ Other
POSTED ON 12/31/2024 CLOSED ON 1/22/2025

What are the responsibilities and job description for the Financial Analyst position at RED DEVELOPMENT LLC?

Job Details

Level:    Experienced
Job Location:    Corporate Office Phoenix (AZ) - Phoenix, AZ
Position Type:    Full Time
Education Level:    4 Year Degree
Salary Range:    Undisclosed
Travel Percentage:    Negligible
Job Shift:    Day
Job Category:    Finance

RED Development

Job Description: Financial Analyst

Onsite in Phoenix, AZ 85016

 

About RED Development

RED Development is an industry leading, wholly integrated commercial real estate company known for its high-performing mixed-use and retail portfolio across the Southwest and Midwest. A preferred partner for best-in-class retailers and investors, RED is known nationally for its vibrant, well-trafficked ground-up developments along with its keen expertise for remerchandising and repositioning existing properties to improve profitability and appeal.

 

What We Do

  • Development
  • Leasing
  • Acquisitions
  • Asset Management
  • Property Management

Position Summary:
We are seeking a highly motivated Financial Analyst with 1-3 years of experience to join our dynamic team. The ideal candidate will have strong analytical skills, attention to detail, and the ability to collaborate across departments to support financial planning, reporting, and analysis functions. This role will contribute to the company’s success by providing insightful data analysis, accurate financial reporting, and process improvement initiatives.

 

Responsibilities:

  • Prepare and manage the annual corporate budget and quarterly updates to the two-year cash forecast.
  • Collaborate with departments to forecast and report revenue from leasing, development, construction, property management, and other fee sources.
  • Develop and present key company metrics and measurables to senior management.
  • Manage corporate schedules, including real estate summaries, debt schedules, and portfolio NOI/Occupancy metrics.
  • Produce financial reports for development projects and maintain comprehensive financial projections.
  • Utilize ARGUS Enterprise to model cash flows for retail, office, and multifamily assets.
  • Conduct property valuations using discounted cash flow and income capitalization methods.
  • Review and analyze appraisals for fair value reporting of assets.
  • Oversee the company’s development reimbursement agreement with the City of Phoenix, including transaction privilege tax (TPT) license management, cost qualification, reimbursement requests, and revenue modeling.
  • Provide ad hoc financial analysis to support senior management decision-making.
  • Organize and consolidate master association and development-related documents into a centralized reference resource.

QUALIFICATIONS


Qualifications:

  • Bachelor’s degree in finance, Accounting, Economics, or a related field.
  • 1-3 years of relevant experience in financial analysis, real estate, or a related industry.
  • Proficiency in ARGUS Enterprise, Excel, and financial modeling tools.
  • Strong understanding of financial reporting, budgeting, and forecasting principles.
  • Familiarity with real estate development and asset management is a plus.
  • Excellent analytical, problem-solving, and organizational skills.
  • Self-starter with the ability to work independently and take initiative.
  • Effective communication and interpersonal skills, with the ability to work collaboratively across departments.
  • Attention to detail and the ability to manage multiple priorities in a fast-paced environment.
  • Ability to work under tight deadlines, prioritize and deliver quality work under pressure.

Benefits:

  • 401(k) matching
  • Medical, dental, vision insurance
  • Employee assistance program
  • Flexible spending account
  • Employer contributions to health savings account
  • Employer paid life insurance
  • Generous paid time off
  • Employee referral bonus program
  • Wellness allowance

 

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and a variety of other technology.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk and hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms and requires the ability to occasionally lift office products and supplies up to 20 pounds.

 

Disclaimer

  • This is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.
  • RED Development provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
  • This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
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