Financial Analyst - Asset Management

Portman•Atlanta, GA

41d•Onsite

About The Position

This role consists of delivering asset management business objectives for under-development and operating properties, including office, hospitality, multifamily, industrial and mixed-use assets. The Analyst will be responsible for financial modeling and cash flow forecasts, financial and operating performance analysis, preparing lender/owner reports, and assisting with developing board presentations. Additional responsibilities include the collection and evaluation of monthly financials with variance analysis to budgets and underwriting.

Requirements

Degree in real estate, engineering, finance, hospitality, or similar fields, preferred
2+ years of experience in the asset management of institutional real estate, with hospitality, office, and/or multifamily exposure strongly preferred
Working understanding of key real estate agreements including leases, purchase and sale agreements, management and leasing agreements, partnership agreements and loan agreements.
Strong demonstrated knowledge of financial modeling and accounting concepts
Solid understanding of real estate investment returns, waterfalls and loan mechanics.
Exceptional analytical skills with careful attention to detail and accuracy.
Proficiency in Microsoft Office, particularly Excel.
Strong working knowledge of ARGUS
Ability to work independently with minimal direction and oversight

Nice To Haves

Yardi experience a plus
Excellent organizational skills with the ability to plan, prioritize, and manage multiple tasks

Responsibilities

Support performance and value maximization of an operating portfolio of office, hospitality, multifamily, industrial and mixed-use assets
Support Asset Management through financial modeling of assigned assets, including ARGUS models, investment returns, asset budgets, and operating pro-formas.
Develop dashboards for project performance and cross-project comparisons.
Produce and maintain detailed forecasts of income and expenses.
Manage the monthly and quarterly Lender and Investor reporting requirements.
Track and monitor escrow reimbursement from lenders.
Create and maintain investment models and cash flow forecasts including debt-service coverage ratio and other loan covenants.
Attend Owner meetings with Operators and Property Managers with the Asset Manager, documenting key action items and following-up on their resolution.
Create document abstracts for key contracts, leases, operating agreements, loan documents, etc., and ensure compliance with key provisions and deliverables.
Assist with managing the annual property budget process working with accounting to ensure that the budget and master file data are properly established in the system and that correct reports are generated and communicated.
Maintain and continuously improve upon functionality of Portman’s Investment and Asset Management Budget models.
Follow and control expenditures, including capital project coordination, to ensure assets are performing within budget.
Provide asset details and support in report creation and standardization, and responding to ad hoc reporting requests of Portman entities, investors, lenders and joint venture partners.
Support due diligence efforts and assist in the closing of capital events including dispositions, refinances, and partner buyouts.
Any additional tasks as required in support of the Asset Management and greater Portman team’s goals to maximize the investment returns of the projects and new developments.