What are the responsibilities and job description for the Financial Analyst position at Spinoso Real Estate Group?
Title: Finance Analyst
Position Type: On-site
Location: North Syracuse, NY
Summary
The responsibility of the Financial Analyst is to analyze past and present property financial data to estimate future revenues and provide cost benefit analysis on current property operations. The Financial Analyst will also support the Business Development team by providing valuations of investment opportunities, creating, managing and maintaining Argus models for existing and potential assets
Essential Duties and Responsibilities
- Gather, synthesize, and evaluate current business intelligence or trend data to support potential opportunities, risks, and make recommendations for action
- Drive property financial performance through continuous review, monitoring and projections of monthly and annual results, providing feedback to Leadership Team and making recommendations where appropriate to drive efficiency
- Periodic review and monitoring of Accounting Monthly Financial Reports for assigned centers to review for accuracy, and coordination with Accounting team to resolve any discrepancies
- Create Monthly Management Report of internal benchmarking metrics, summarizing business, financial and tenant data for review by Leadership Team to assist in oversight and profitability of centers
- Prepare and present Business Reviews for high priority assets, collaborating with Accounting and Lease Administration teams for presentation to Leadership Team
- Review of Annual Operating Budgets for assigned centers and comprehensive analysis of variances to historical performance
- Review and prepare submittal packages of prospective deal terms for External Client review
- Calculate and track leasing commissions according to individual Leasing Agreements
- Provide support as needed by other departments for data analysis
- Participate in monthly Tenant Collection meetings to ensure accounts receivable objectives and metrics are met, track potential concerns, and monitor escalations of receivables over 90 days
- Property Valuations
- Manage updates to existing Argus Models for high priority assets
- Evaluate due diligence for acquisition opportunities and extrapolate critical data necessary to drive business decisions
- Create and update Argus Models with revenue and expense projections
- Other duties as assigned
Provide superior client service
- Positively and proactively collaborate with everyone in the Company in any way needed to further the leasing and marketing of mall properties to achieve, sell and provide world-class service to all our constituents
- Maintain Client confidence and protect operations by keeping proprietary information confidential
Qualification Requirements
Education and/or Experience
- Bachelor’s degree, and
- 2-4 years experience and/or training in a finance-related field.
- Experience in the commercial real estate industry with knowledge of Yardi software systems and Argus Enterprise (preferred).
- Intermediate Microsoft Excel skills .
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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Use of computer screens and keyboards
- Manual dexterity sufficient for constant use of a keyboard, mouse and telephone/radio
- Ability to operate office equipment, including a copier, fax machine, postage machine, etc.
- Ability to lift 20 pounds
- Speech and hearing sufficient for regular communications on the phone, radio or face-to-face
- Vision sufficient for reading work-related documents on a monitor or in paper format
- Sufficient sense of smell to detect dangerous odors
- Ability to walk, bend, stoop, climb, and reach in the course of normal office functions
- Ability to sit and stand for long periods of time
- This job description is not all inclusive. Other duties and responsibilities may be required. In support of the Americans with Disabilities Act, this job description lists only those responsibilities and qualifications deemed essential to the position. Spinoso is an Equal Opportunity Employer.
Salary : $70,000 - $90,000