What are the responsibilities and job description for the Manager, Financial Services position at Regency Centers?
About this Opportunity:At Regency Centers, we believe our greatest asset is our people, and we believe a talented team from differing backgrounds and experiences makes us better. We are seeking a Manager, Financial Services to join either our corporate office in Jacksonville, Florida, or one of our regional offices located in Greenwich, Connecticut or Bethesda, Maryland. This is a hybrid opportunity with 3 days in the office and 2 days working remotely.
What You’ll Be Doing:
Prepares financial models for potential acquisition, development, and redevelopment opportunities utilizing Argus and Excel and reviews and creates investment pro formas to ensure consistent application of underwriting standards.
Prepares comprehensive investment packages and memos for consideration by Capital Allocation Committee.
Performs due diligence functions (i.e., review of transaction agreements, lease and file review, environmental assessment, title and survey review, physical inspection, confirmation of zoning and entitlements, estoppel tracking and review).
Conducts local market research to gather competitive business intelligence.
Closes and transitions new investments into the Regency portfolio.
Supervise, manage, train, and develop analysts that report to the Manager.
Evaluates tenant financial health and provides financial analysis to the Investment and Leasing departments.
Oversees the creation and periodic updating of financial models for in-process developments (aids in forecasting and project management and review) & associated monthly updates of MDM and DSR (forecasting models).
Are You Qualified?
Bachelor’s degree in Real Estate, Accounting, Finance, or related field
Minimum of 6 to 9 years of relevant professional experience underwriting and conducting due diligence on retail real estate developments, redevelopments, and acquisitions
Strong quantitative and analytical skills
Knowledge of commercial real estate industry and development
Advanced knowledge of financial modeling for real estate acquisitions and developments
Strong computer skills including proficiency with Argus and MS Office Suite
Intermediate level proficiency with PowerBI (or similar software)
Ability to read and understand legal documents such as leases, purchase and sale contracts, and joint venture agreements
Demonstrated comprehension of finance and accounting principles, particularly as they relate to real estate
Strong understanding of real estate fundamentals and return metrics, and how they impact value
Preferred
Post graduate degree/MBA
Personal Traits We Value:
Exceptional quantitative, analytical and problem-solving skills
Strong oral and written communication skills
Priority setting, organization, multi-tasking and time management skills
Excellent interpersonal skills
Customer focus
A Little Bit About Us:
We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years.
Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look™ program.
We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com.
Benefits:
Our compensation and benefits package is very competitive and includes:
401(k) Profit Sharing plan with generous company match
3 medical insurance plan options including 1 HSA with prescription drug coverage, telemedicine, Pharmacy Advisor, Medical Expert Option and Hinge Health (MSK)
Dental insurance including coverage for adult & children orthodontics
Vision insurance
Family planning benefit
Award winning incentive-based wellbeing program
Health Care and Dependent Care FSA
Paid leave programs (parental, compassion, bereavement, jury duty, and military)
Company-paid life/AD&D and disability
Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
Anniversary stock grant awards
Educational assistance
Health Advocacy Employee Assistance Program (EAP) and Management Assistance Program (MAP)
Matching charitable gifts
Flexible paid time off
Volunteer time off
Paid holidays