Financial Analyst
2 days ago
General Summary:
The Financial Analyst will report to the Financial Operations Manager in our Houston, TX office. This individual will assist with financial and operational tasks associated with financial services at both the site and corporate level. This will involve tracking and analyzing data under time-sensitive deadlines.
Job Responsibilities:
• Review monthly financial reports to monitor performance in comparison to monthly budget and assist in preparation of budget comparison reports for management's portfolio.
• Prepare and compile special reports for investors, equity partners and other stakeholders as required, on monthly basis.
• Assist in annual budget preparation, planning, and review process for current management portfolio.
• Assist in developing, monitoring and implementing Retail, Office and Parking CAM Budgets (Common Area Maintenance).
• Verify and process Ad Valorem and Personal Property tax payments for management properties.
• Identify and Analyze assets' financial status by comparing and analyzing actual results with plans and forecasts and provide recommendation to ensure financial solvency.
• Guides cost analysis process by providing trends and forecasts; explaining processes and techniques; and recommending actions to achieve predetermined goals and objectives.
• Consolidate, analyze and model financial data (budgets, income statement forecasts etc.) taking into account company's goals and financial standing using quantitative modeling and forecasts.
• Conduct business studies on past, future and comparative performance and develop forecast models.
• Review market survey, weekly reports and market trends to monitor changes within the marketplace to ensure proactive marketing and management decisions.
• Assist in overseeing resident utility billing functions, analyze collection trends and provide recommendations to increase penetration.
• Assist in monitoring affordable housing program implementation and functions across property management's portfolio.
• Work closely with all parking operators to ensure that financial objectives are met at various assets.
• Assist in tracking and complementing sustainability initiatives for multifamily residential properties.
• Assist in the sales due diligence processes for property management portfolio as needed.
• Provide direct support to the Financial Operations Manager & Director of Operations in Property Management.
• Provide direct support to the GSS Financial team in Hanover's International GSS (Global Support Services) office.
Required Skills and Abilities:
• 1-2 years of experience in corporate finance, cost accounting, statistical analysis and financial strategy.
• Proficient in excel spreadsheets, databases, MS Office and quantitative data modeling.
• Hands on experience with statistical analysis, linear modeling and forecasting.
• Must demonstrate high level of energy and commitment to work in a fast-paced, dynamic and collaborative environment.
• Outstanding presentation, reporting and communication skills.
• Proven knowledge of financial forecasting and diagnosis, corporate finance and information analysis.
• Ability to complete work according to deadlines.
• Attention to detail, specifically spelling and grammar.
• Knowledge of Entrata or similar property management software preferred.
• Strong written communication skills, specifically spelling and grammar.
• Work independently with little to no supervision and remain motivated to meet deadlines.
• Able to develop realistic action plans while being sensitive to time constraints and resource availability.
• Able to focus on results and desired outcomes and how best to achieve them in order to get the job done.
• Show ability to use mathematical techniques to calculate data or solve practical problems.
• Demonstrate ability to work under pressure and keep a positive attitude.
Software Skills: Intermediate knowledge of Microsoft Office Suite including Excel, Word, Planner, Teams, and others as needed.
Education:
B.A. or B.S. in Finance or Accounting
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