Asset Management Analyst

J.F. Shea Family of Companies•Aliso Viejo, CA

3d•$34 - $38•Onsite

About The Position

Shea Properties is always looking for talented people who are interested in beginning or continuing their careers in real estate. With a portfolio that includes 11,200 apartment units and 6 million square feet of commercial space in California, Colorado and Washington—and an amazing pipeline of future projects—Shea Properties can help you find your awesome. Our associates love the collaborative, supportive, family-friendly work environment. Our leadership team encourages input at all levels and embodies Shea’s Core Values of Honesty and Integrity, Respect for Others, Teamwork and Competitive Spirit. Job Scope The Analyst role in the Asset/Revenue Management Department focuses on maximizing property values and investment returns for each asset by fulfilling their highest earning potential, maximizing rents, reducing expenditures, identifying the most consistent and highest use, and mitigating liabilities and risks. Responsibilities include identifying the highest and best use of each asset through its life cycle that meets current market conditions and investment strategies. This is an excellent opportunity for someone with 1-3 years of real estate or strong analytical experience to support a dynamic Asset/Revenue Management Department. This individual will work closely with other departments within the organization. The Analyst will primarily focus on reporting, gathering and analyzing data, and supporting the Team to optimize performance at stabilized properties. The Analyst will help formulate consistent strategies for each asset and assist in underwriting capital projects and new developments. The pay range for the position is $33.5249 - $38.3141/hourly and the Asset Management Analyst is also eligible to participate in the discretionary annual bonus plan. JF Shea offers a competitive benefit package including, PTO, paid holidays, medical, dental, vision, 401K, disability, life insurance.

Requirements

BS/BA with emphasis on real estate, finance, accounting and/or economics required
Minimum 1-3 years of experience in real estate, financial planning & analysis, and BI reporting is preferred
Effective oral and written communication skills; ability to give clear direction and respond to inquiries; must be able to speak effectively before groups of customers or associates of the organization, both in-person and virtually
Understand accounting principles and budget process. Ability to read and interpret numerical information
Ability to analyze data and write reports
Exceptional skills in MS Office required
Advanced in Excel, including financial modeling techniques
Ability to provide exceptional customer service and interface with all levels of end users throughout the organization
Detail-oriented, analytical and problem-solving skills
Ability to manage multiple priorities in a fast-paced, dynamic environment
Ability to travel (less than 20% within West Coast)
Ability to work autonomously and effectively manage projects through planning, organizing and coordinating tasks
Ability to negotiate and resolve conflicts

Nice To Haves

Aligning Performance
Innovative Thinking
Proactiveness
Professionalism and Presentation
Project Management
Organization
Communication (In-Person & Virtual)
Performance Excellence

Responsibilities

Support the Asset Management team in analyzing and reporting important financial data.
Support the Asset Management team in collecting and updating data for strategic asset plans.
Conduct detailed property-level analyses of in-place leases, capital projects, operating and financial statements, market and competitive position, and other relevant information.
Manage and contribute to the preparation of property-level business plans and budgets; analyze property performance relative to business plan targets.
Help prepare and provide weekly summary reports, property status reports, and quarterly reports while meeting established deadlines.
Prepare recurring and ad-hoc presentations for Senior Management.
Maintain working relationship with internal departments to ensure key objectives are achieved.
Collect and analyze market and industry data and prepare market analysis.
Exhibit detailed understanding of capital investment financial modeling and assist in underwriting revenue generating projects.
Help research, develop, and implement potential Business Intelligence applications and platforms for use within the property portfolio.
Assist in establishing and implementing pricing, revenue optimization, and leasing strategies based on market conditions and revenue targets.
Provide analytical support to Regional Managers, Directors, and Vice Presidents.
Analyze occupancy, exposure, leasing velocity, and seasonal market trends.
Monitor competitor pricing and strategies, maintain an understanding of local markets and demand conditions, and conducts ongoing rent and product analyses to ensure appropriate positioning relative to competition.
Assist with ongoing quality assurance activities, which include auditing configuration for parameters, rental rates, and amenities.