Financial Planning & Analysis Analyst

Recruitment Team•New York, NY

20d

About The Position

L+M Development Partners Inc., a well-established and rapidly growing residential developer, builder, and manager, has an excellent opportunity for an FP&A Analyst who will report to the Manager of FP&A. The FP&A Analyst will be responsible for supporting the building and oversight of processes related to budgeting, forecasting, and reporting to company management and ownership. This role is expected to understand all the underlying drivers of the company’s P&L and be to present company performance versus budget clearly and concisely and produce deliverables at an institutional level of quality. The FP&A Analyst will collaborate with and provide operational support to departments across the company as they seek guidance in providing key data and in making day-to-day decisions in running their businesses. At L+M Development Partners, working together to build stronger communities is our mission. Our double bottom line philosophy means that we measure success not only in financial returns but also by the positive impacts we make in the communities we serve. Founded in 1984, L+M is a full-service real estate development firm that develops, invests, constructs, and manages properties with industry-leading innovation in a variety of urban markets nationwide, primarily in the New York Tristate Area. Recognized as one of the top affordable housing developers in the country, L+M and its affiliate companies are responsible for approximately $20 billion in development and investment, and combined have over 57,000 high-quality residential units in construction or that have been acquired, preserved, or completed. Please visit our website for more information: http://lmdevpartners.com. To learn more about our mission and values, go to https://lmdevpartners.com/mission-and-values/

Requirements

Strong financial modeling skills (Excel)
Ability to produce board-level presentation materials in Powerpoint
Experience with corporate budgeting and forecasting
Willingness to embrace complexity and thrive on new challenges
Extremely versatile, accustomed to “wearing many hats” and shifting between them
Ability to work in a dynamic environment that requires juggling the execution of recurring deliverables as well as ad hoc projects and initiatives in support of a growing business
Self-motivated and proactive with an established track record of getting things done effectively and independently
Comfortable navigating and analyzing transaction legal documents, financial projections and financial reports
Strong organizational skills and the ability to work under pressure
High level of attention to detail and accuracy
Excellent problem solving / judgment skills
BS in Finance, Accounting, or Real Estate
2-4 years of relevant experience in FP&A or Corporate Accounting

Nice To Haves

Experience with Power BI
Experience with Sage Intacct and/or Yardi
Experience with Intralinks
Experience with treasury/cash management preferred but not required
CFA or MBA preferred but not required
Real estate experience preferred

Responsibilities

Support the company’s annual corporate budgeting process
Assist updating the corporate budget model detailing all revenues and expenses by department, complete with corporate allocations
Work with department heads to gather key annual budget data, with a focus on efficiency and a service-oriented approach
Build supporting schedules and analyses detailing year-over-year trends with key takeaways for executive leadership and investors
Assist with the quarterly process for tracking and reporting actual results to departments and soliciting feedback thereof
Support the quarterly reforecast by analyzing actuals and partnering with departments to project the remaining year’s results
Assist in refining and building upon the company’s corporate forecast model
Assist in constructing a dynamic model to forecast all revenues and expenses on both an accrual and cash basis
Enhance the 3‑statement model so it dynamically integrates with the corporate forecast model
Create dashboards and other model output complete with relevant metrics and KPIs useful to department heads in making key business decisions
Collaborate with department heads and other key stakeholders to gather inputs and assumptions both periodically and in real time as needed
Assist with “corporate underwriting”
Determine financial impact of new deals and investment strategies from a corporate point of view.
Work with stakeholders across the company to gather inputs and assumptions
Maintain the quarterly management report and quarterly board report
Collaborate with senior management to determine key information needed to convey in reports
Drive monthly/quarterly process for gathering key information to include in report; ensure consistency in approach across sources and departments
Build out new lender reporting process and effectively manage deliverables populated by other departments
Perform and maintain ad hoc analyses including but not limited to deal / department profitability, capital inflows/outflows, and contingent liabilities
Maintain list of corporately owned investments and entities, and coordinate with other internal teams to ensure ownership is correctly reflected in our systems
Create investor/lender decks, deal case studies and other presentation materials, and assist with ad hoc investor/lender information requests
Perform valuations of investments as needed
Review financial data and provide feedback to accounting as needed
Where possible, identify opportunities to design new and/or refine existing analyses and processes to improve the business’ operational capacity over time, including automation of reporting from various internal software platforms and creation of financial and operational reporting dashboards
Assist with special projects related to financial operations across the company, including treasury and financial/accounting infrastructure and methods
Assist with presentations for senior leadership, including gathering data, formulating analyses and analytics, and explaining trends and results
Assist with onboarding new software platforms and maintaining data accuracy in onboarded software