Asset Management Analyst- New York City Office

Corporate Positions • New York, NY

10d • $75,000 - $85,000

About The Position

Jonathan Rose Companies is one of the country’s leading owners, developers and operators of green affordable and mixed-income communities. Founded in 1989, Rose has created projects with more than $4.2 billion of value with a current portfolio of 19,000 apartment homes in 15 states and Washington DC. Our mission is to create a more environmentally thriving, socially just world through the development, preservation, renovation and management of green, affordable and mixed income housing. The firm is a fully integrated investment management, development and asset management company with, construction management, solar energy, mortgage finance and title company affiliates. We strive to achieve positive environmental impact by investing in energy efficiency, decarbonization, and water conservation to reduce our use of natural resources and toxins. Our social impact is achieved by preserving and expanding housing affordability, and connecting our residents to health, education, financial, cultural and social services. And we aim to achieve these impacts in a co-creative process with governments, our residents and staff. We are signatories to the United Nations Principles for Responsible Investing (UN PRI), benchmark performance annually through GRESB, and align our reporting with the Task Force for Climate-related Financial Disclosures (TCFD) guidelines, SASB Standards, and GRI Standards. Position Description The Asset Management Analyst is responsible for analysis, review, and reporting of properties as applicable on a daily, monthly, quarterly and annual basis for Asset Management. Responsible for the timely and accurate preparation of models, proformas, and other reports needed for maximizing the value of the portfolio and monthly, quarterly and annual reporting packages. The pay range for this position is $75,000 to $85,000 annually.

Requirements

• Bachelor’s Degree in Finance, Business, Real Estate or other related discipline required.
• 1-3 years of experience with overall financial review, reporting and modeling of an assigned portfolio of residential properties or projects.
• Advanced computer skills and proficiency with Microsoft Suite applications, especially Excel required.
• Advanced analytical skills required.
• Advanced verbal and written communication skills required.
• Self-starter, takes initiative, able to multi-task in busy environment required.
• Excellent time management
• Ability to travel up to 10% of the time.

Nice To Haves

• Master’s Degree in Finance, Business or Real Estate a plus.
• CPA or CFA a plus.

Responsibilities

• Prepare and analyze periodic updates to financial tracking models and proformas including validation by analysis and communication with Asset Managers to ensure the completeness and accuracy of all updates.
• Summarize and communicate with Asset Managers the results of the analysis and identify key areas of concern, where applicable.
• Scrub operational data for accuracy and analyze data to prepare trend analyses.
• Extract information directly from accounting system and act as the liaison between Asset Management and Fund Accounting to ensure accuracy.
• Source industry, market and forecast data.
• Generate reports to analyze monthly, quarterly, and annual results.
• Analyze and investigate variances.
• Maintain reporting workbooks and provide appropriate filings, documentation and reports for lenders, tax credit partners, housing finance agencies, etc.
• Seek to streamline and modernize analytical process.
• Take initiative to recommend revenue boosting or cost saving measures across the portfolio.
• Assist in sale and re-fi analyses and related transactions.
• Assists Asset Manager with partnership responsibilities.
• Develop, maintain, and assist with preparation of business plan proformas.
• Assist with valuation.
• Provide timely and detailed responses to Portfolio Management during quarterly valuation process, and as needed.
• Live and demonstrate the core values (100%) Nurturing the Common Good Excellence with Kindness Co-Creation Thriving and Wellbeing Continuous Improvement

Benefits

• Medical, Dental, Vision, Flexible Spending Accounts, Life, Short-Term Disability, Long-Term Disability, 401K with company match, competitive paid time off policy, paid holidays, parental bonding leave and educational assistance.

What This Job Offers

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