Budget Analyst

A full-service multifamily real estate firm, ROSS Companies, is looking for an experienced Budget Analyst. This individual will report to the Chief Accounting Officer and will be responsible for managing the annual budgeting process, maintaining the budget and rent model templates, forecasting and financial analysis. This individual will work closely with members from multiple department to meet their responsibilities.

Responsibilities

• BUDGETING – Oversee budget process; including: set-up, data input, functionality, upload, and support with Budget spreadsheets and Rent Models. Assist Regional Property Managers (RPMs) with preparation and systems related support for various ownership and asset management software products and tools.
• FORECASTING – Manage on demand reforecasting of financial performance. Coordinate with RPMs and key personnel to produce financial projections, including set-up of Excel templates, data export from Yardi and Concentrix databases, and development of Rent Models. Ensure accuracy of data and deadline commitments.
• FINANCIAL ANALYSIS – Prepare various analyses to monitor financial performance vs. budget at the property, portfolio, and ownership levels, including: occupancy, delinquency, utilities, DSCR, etc..
• REAL ESTATE ASSESSMENTS – Keep track of property assessments and appeals as it relates to budgeting and forecasting. Notify property accountants of changes in assessments and successful appeals.
• DEBT SERVICE – Keep track of property loan terms and escrow requirements as it relates to budgeting, forecasting and impacts to cashflow.
• UTILITY ANALYSIS – Monitor monthly usage and performance vs. budget expectations. Analyze consumption to determine trends. Develop budgeting analysis for year over year usage and seasonal trends. When necessary, assist the property accountants with monthly accrual calculations.
• PARTNER REPORTING – Prepare specialized reporting and analysis as needed for various internal and external partners.
• ACQUISITION - Complete initial operating budget. Complete and modify Rent Model. Coordinate with VP of Acquisitions and Accounting Department on Due Diligence checklist deliverables.
• Manage all aspects of the budget process.
• Coordinate with all departments during the budget process, including Operations, Marketing, Revenue Management, and Corporate Accounting.
• Update, implement, and manage Operations re-forecasting processes.
• Working with the Accounting Manager, oversee the timely submission of replacement reserve draw requests.

Miscellaneous

• ​Manage all aspects of the budget process.
• Coordinate with all department during the budget process, including Operations, Marketing, Revenue Management, and Corporate Accounting.
• Update, implement, and manage operations re-forecasting process.
• Working with the Accounting Manager, oversee the timely submission of replacement revenue draw requests.

Qualifications

• College degree required, Accounting degree preferred.
• 5 years accounting or financial planning and analysis experience.
• Experience with preparation and review of budgets, and analysis of expenses.
• Excellent Organizational skills, time management, and attention to detail.
• Excellent analytical and decision-making skills.
• Ability to prioritize and multi-task to meet deadlines.
• Excellent verbal and written communication skills.
• Excellent team building and leadership skills.
• Proficient in Excel, including use of advanced formula. A basic understanding of VBA would be beneficial but not required.

ROSS Companies is an Equal Employment Opportunity Employer.