Financial Analyst

About Northland • Newton, MA

5d • $75,000 - $85,000

About The Position

The Financial Analyst (Multifamily) role is a part of the real estate management team responsible for providing services to drive optimal returns for investments made by Northland. The role would also liaise with various teams within Northland and across functions. Essential Functions: The following list of essential job functions is not exhaustive and may be supplemented or modified, as necessary. Reviews operating resultsrevenue and expensesand prepares presentations for senior management highlighting historical performance and ongoing trends which are used in key decision-making processes. Oversees portfolio revenue management for market-based, multifamily communities, including optimizing rental income and other income through pricing and inventory management with the assistance of LRO (revenue management software). Conduct weekly/biweekly calls with communities to develop and execute operational strategies so as to achieve budgets/forecasts and market share A thorough understanding of operating businesses to explain performance metrics and strategic objectives in a clear, concise manner. Participates in the asset management of existing properties including market research, leasing, property sales, and refinancing, including detailed financial models and property financial results to determine viability of potential value-add opportunities. Detailed market research and analysis, including economic, demographic, capital markets, and locational (submarket/micro-location) to identify key performance drivers and potential impacts. Collaboration with internal partners and stakeholders including the firms senior management, and various roles within Northland (Operations, Asset Management, Marketing, Revenue Management, IT, Investments, Investor Relations, and Capital Projects). Develop and support Northlands annual business planning process, revenue & expense budgets/forecasts, including review of operating company financial models, long-term assumptions, and preparation of management presentations on strategic initiatives. Assists with system enhancements with focus on scalability for future growth and improving efficiency by working closely with multiple departments, including senior leadership, to identify and execute actionable revenue improvement initiatives and business strategies. Works to develop data and analytic tools to leverage Northlands rich data sources Ad-hoc and special projects related to team infrastructure improvements, industry research, and potential investment opportunities.

Requirements

• Bachelor's degree in finance, real estate, or related technical field required.
• 2-5 years of experience in real estate with an in-depth understanding of real estate fundamentals and financial markets; working experience in industry considered a plus as is thorough understanding of financial concepts (GPR, NRI, NOI & ROI) and factors effecting these metrics.
• Fluency in and ability to, not only maintain, but to create Excel financial models and spreadsheets.
• Proficiency in Excel and PowerBI
• Highly analytical having great attention to detail with strong organizational skills with the ability to manage multiple projects and work in a dynamic, complex, fast-paced environment, to adapt quickly and manage changing priorities under tight timelines.
• Exceptional quality standards and an ongoing desire to push for new approaches, insights, and presentation methods.
• Excellent communication skills, both written and oral, with the ability to convey complex information clearly and concisely.
• Act as a skillful trainer of topics within your area of expertise, collaborating with relevant teams, bringing credibility, commitment, and clarity to the team.
• Self-motivated and proactive, with respect to both managing workload and professional development and ability to grow within the role to take on increased responsibilities over time.
• 10-15% travel required for business need.

Nice To Haves

• Knowledge of property management systems, such as Yardi and MRI strongly preferred.
• Knowledge of Revenue Management systems is strongly preferred

Responsibilities

• Reviews operating resultsrevenue and expensesand prepares presentations for senior management highlighting historical performance and ongoing trends which are used in key decision-making processes.
• Oversees portfolio revenue management for market-based, multifamily communities, including optimizing rental income and other income through pricing and inventory management with the assistance of LRO (revenue management software).
• Conduct weekly/biweekly calls with communities to develop and execute operational strategies so as to achieve budgets/forecasts and market share
• A thorough understanding of operating businesses to explain performance metrics and strategic objectives in a clear, concise manner.
• Participates in the asset management of existing properties including market research, leasing, property sales, and refinancing, including detailed financial models and property financial results to determine viability of potential value-add opportunities.
• Detailed market research and analysis, including economic, demographic, capital markets, and locational (submarket/micro-location) to identify key performance drivers and potential impacts.
• Collaboration with internal partners and stakeholders including the firms senior management, and various roles within Northland (Operations, Asset Management, Marketing, Revenue Management, IT, Investments, Investor Relations, and Capital Projects).
• Develop and support Northlands annual business planning process, revenue & expense budgets/forecasts, including review of operating company financial models, long-term assumptions, and preparation of management presentations on strategic initiatives.
• Assists with system enhancements with focus on scalability for future growth and improving efficiency by working closely with multiple departments, including senior leadership, to identify and execute actionable revenue improvement initiatives and business strategies.
• Works to develop data and analytic tools to leverage Northlands rich data sources
• Ad-hoc and special projects related to team infrastructure improvements, industry research, and potential investment opportunities.

Benefits

• Base Compensation: The salary range for this role is $75,000 to $85,000 annually, depending on experience and qualifications.
• Competitive Bonus Programs
• 401(k) + Company Match
• Medical, Dental, & Vision Insurance
• Generous PTO
• Employee Apartment Discounts
• Educational & Vocational Assistance
• Employee Assistance Program
• Northland is a proud Equal Opportunity Employer and a Drug Free Workplace.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees