Analyst, Asset Management

Sparrow Partners • Austin, TX

4d

About The Position

Analyst, Asset Management Are you an analytical thinker? Do you the ability to create scalable, repeatable analytical solutions? If so, we have an opportunity to join our growing real estate development company. The Role Sparrow Partners is looking for an Analyst, Asset Management to help us optimize the financial performance of our apartment communities for Sparrow and its equity investors. In this role, you’ll gather and analyze data, and present findings to various senior leaders, including investors and company leaders. You’ll be providing analytical intelligence to inform decisions regarding market pricing, community member (resident) retention efforts, budgets, occupancy forecasts, and proposed capital expenditures. Though you’ll specialize in the asset management function, you’ll work in a team who are similarly supporting our acquisition, development, and business intelligence functions. This arrangement is intended to foster collaboration and cross-training; you’ll observe or take part in data science, dashboard report-making, process automation, and ground-up real estate development analytics.

Requirements

• Understanding of the basic tenants of finance, economics, and statistics.
• BA/BS in Business, Finance, Real Estate, Economics preferred
• Minimum 1 year experience in data analysis, preferably in the multifamily industry
• Excel ninja, including ability to build models for easy updating and scaling
• Basic working knowledge of SQL and Python or the willingness to learn
• Understanding of how to build models, reports (i.e. Power BI, Tableau) and other analytical tools that create standardized and efficient updating
• Practical knowledge on how to work with data—i.e. queries, normalization, rules for good data structure, making it machine-readable
• Ability to communicate complex issues effectively and professionally, both verbally and in writing
• Aptitude to use critical thinking to solve complex problems
• Ability to learn and adapt quickly
• Doesn’t shy away from interacting with humans through face-to-face communication
• Naturally curious and always striving to improve
• Self-aware and coachable

Responsibilities

• Benchmark our operating metrics to comparable properties as part of an effort to set appropriate operating budgets
• Analyze leasing performance and operating expenses to track with the budget and/or business plan, as well as optimize the financial performance
• Analyze the asking rates at competing and alternative housing options to determine recommendations for our own unit pricing to follow the market
• Maintain the integrity of reporting sent to our partners, both internal and external
• Seek to answer with data analysis questions and curiosities posed by various co-workers (we have a culture of curiosity), then present those findings. For example, What amenity space are we providing to our community members that is underutilized?
• Forecast property investment performance based on various operational drivers
• Collaborate with community management partners to ensure adherence to operational standards and implement strategies to maximize asset performance
• Participate in call with our investment partners
• Aid in the refinancing and disposition of assets

Benefits

• Purpose driven culture
• High employee engagement scores + Best Place to Work award recipient
• Health, dental and vision benefits
• 401K retirement plan with healthy employer match
• Generous paid time off
• Milestone anniversary rewards including travel, spa retreats, home down payments, student loan payoffs, sabbaticals and more
• Paid Parental Leave
• Bonus opportunities
• Flexible work environment

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level