Land Analyst

Lennar•San Antonio, TX

2d•Onsite

About The Position

We are Lennar. Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for their Homeowners, Communities, and Associates by building quality homes and providing exceptional customer service, giving back to the communities in which we work and live in, and fostering a culture of opportunity and growth for our Associates throughout their career. Lennar has been recognized as a Fortune 500® company and consistently ranked among the top homebuilders in the United States. A career with purpose. A career built on making dreams come true. A career built on building zero defect homes, cost management, and adherence to schedules. The San Antonio Land Banking Team (SALBT) manages the division's option agreements with Millrose and third-party land bankers and ensures every homesite is owned by the division before it closes with a homebuyer. The Land Analyst owns the takedown side of that work for an assigned set of communities — executing scheduled lot takedowns, maintaining trackers, and coordinating closing-readiness checks — working closely with the LB Team Lead and a peer analyst who together divide and cross-review the team's community assignments.

Requirements

Bachelor's Degree required in Business, Finance, Real Estate, Accounting, or similar discipline required.
2+ years of related experience in land development, real estate finance, or homebuilder analyst work preferred.
Familiarity with land bank/option agreement structures preferred.
Highly proficient in Microsoft Excel; comfortable reconciling trackers against contract terms and pricing escalators.
Detail oriented with the ability to manage multiple communities and deadlines concurrently.
Excellent interpersonal, written, and verbal communication skills for coordinating across Land Development, Land Accounting, Land Acquisition, Sales, Construction, Title, and Corp/NLF.
Regular, in-person attendance at Company communities/job sites and offices during regular work hours is an essential function of this job.
Requires the ability to work more than eight hours per day in an office environment, read plans and reports, and use standard office equipment.
Finger dexterity may be required to operate a computer keyboard and calculator.

Responsibilities

Manage monthly land bank takedowns for an assigned set of communities in line with each option agreement's terms
Create and maintain land bank tracking reports, keeping key dates and codes current
Monitor homesite-ownership status to help ensure the division owns homes before they're sold to homebuyers
Confirm takedown selections are properly reflected in the relevant partner systems
Coordinate plat recordation and lot split requests with Land Development and Land Acquisition
Prepare and post monthly purchase journal entries related to takedown activity, reviewed by the LB Team Lead
Partner with Starts, Construction, Sales, and Title teams to keep takedown status aligned with closing timelines
Support Land Accounting with forecast inputs for business planning
Prepare recurring and ad-hoc reporting on land bank activity for division and corporate stakeholders
Prepare gross revenues, profit margins, sources and uses of funds and related distribution projections, cash flow forecasts, break-even analysis, cost-basis and cost-of-sales analysis, return-on-assets, and internal rate of return
Assist in financial feasibility analysis for each of the Division’s acquisitions opportunities
Prepare underwriting proformas and related financial documentation for each asset acquired by Division
Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for each of the Division’s disposition opportunities
Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, etc.
Implement and maintain a computerized financial proforma model for community planning (versus formal accounting and reporting) purposes.
In close cooperation with other management associates, “game” alternative business planning scenarios leading to a recommended “optimum” financial plan
Perform liaisons role with our Corporate Finance “customers” to ensure that the Division is adhering to all financial strategies and related procedures and is providing financial analysis date in a manner that ensures easy use
Maintain market analysis database for use in project feasibility analysis
Understand competitive market by visiting sites as required and collate and analyze competitive pricing, features, costs, etc.
Assist in Greenfolder process by preparation of vestacalcs, and other charts, graphs and reports as required
Formulate budgets for assigned programs/projects and administer related vendor contracts, change orders, check requests and invoices. Prepare and periodically update annual objectives, budges, and schedules