Real Estate Financial Analyst
About The Position
TLC Management Company is a large private owner/operator of multifamily real estate in the Chicagoland area. The corporate office supports company operations and teams. TLC describes its team as close-knit and hands-on, and values ownership, clear communication, attention to detail, and willingness to help where needed. The Real Estate Financial Analyst supports TLC’s Chicago residential rental portfolio. The analyst builds and maintains property financial models, tracks budget-to-actual performance, and helps leadership evaluate acquisitions, capital projects, financing, and operating decisions. The position reports directly to the CFO and is intended for an early-career analyst with 1–2 years of real estate experience. It is a full-time, in-office role in Chicago, with annual compensation of $80,000–$90,000 depending on experience.
Requirements
- Bachelor’s degree in finance, real estate, accounting, economics, or a related field.
- 1–2 years of experience in the real estate industry, such as property management, asset management, brokerage, lending, development, or investment.
- Advanced Excel skills, including financial modeling, lookups, and pivot tables.
- Working knowledge of real estate financial concepts, including NOI, cap rates, DSCR, IRR, mortgage financing, and operating budgets.
- Strong attention to detail and ability to manage multiple deadlines.
- Clear written and verbal communication skills, including presenting findings to non-financial audiences.
Nice To Haves
- Experience with multifamily or residential rental properties.
- Familiarity with property management or accounting software such as Yardi.
- Exposure to using or implementing AI tools in day-to-day activities.
Responsibilities
- Build and maintain cash flow models for existing properties and potential acquisitions, including NOI, cap rate, IRR, and cash-on-cash analysis.
- Assist with annual operating and capital budgets alongside property managers and directors of maintenance, and track monthly budget-to-actual variances.
- Prepare monthly, quarterly, and annual reporting for ownership, lenders, and investors, including property P&Ls, variance commentary, KPI dashboards, and lender compliance reports.
- Analyze rent rolls, occupancy, delinquency, and leasing trends to flag risks and opportunities.
- Underwrite acquisitions and refinancings by gathering market comparables, reviewing offering memorandums, and supporting due diligence.
- Monitor loan covenants, debt service coverage, and reserve requirements.
- Analyze mortgage financing by comparing loan quotes and terms, modeling refinancing scenarios, tracking rate resets and maturities, and maintaining the portfolio debt schedule.
- Evaluate commercial lease offers within the portfolio when needed, including annual reconciliations of various leases and association memberships.
- Support ad-hoc analysis requests from leadership.
Benefits
- Paid vacation and paid time off, plus 13 paid holidays.
- Paid time off for birthday and work anniversary.
- Two volunteer days to support charitable organizations.
- 401(k) with employer match.
- Wellness program.
- Medical, dental, and vision insurance.
- Life, critical illness, and accident insurance.
- HSA and FSA.
- Short-term disability insurance.
- Employer-paid life insurance benefit.
- Employer-paid long-term disability benefit.
- Paid maternity leave benefit.
- Employee Assistance Program.
- Company team-building outings.
- Continuing employee education and development opportunities.
- Opportunities for career growth.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
