Senior Analyst, Asset Management

Company Description

Jonathan Rose Companies is one of the country’s leading owners, developers and operators of green affordable and mixed-income communities. Founded in 1989, Rose has created projects with more than $4.2 billion of value with a current portfolio of 19,000 apartment homes in 15 states and Washington DC.

Our mission is to create a more environmentally thriving, socially just world through the development, preservation, renovation and management of green, affordable and mixed income housing.

The firm isa fully integrated investment management, development and asset management company with, construction management, solar energy, mortgage finance and title company affiliates.

We strive to achieve positive environmental impact by investing in energy efficiency, decarbonization, and water conservation to reduce our use of natural resources and toxins. Our social impact is achieved by preserving and expanding housing affordability, and connecting our residents to health, education, financial, cultural and social services. And we aim to achieve these impacts in a co-creative process with governments, our residents and staff.

We are signatories to the United Nations Principles for Responsible Investing (UN PRI), benchmark performance annually through GRESB, and align our reporting with the Task Force for Climate-related Financial Disclosures (TCFD) guidelines, SASB Standards, and GRI Standards.

The Senior Analyst, Asset Management is responsible for the end to end financial analysis (budgeting, forecasting, and variance analysis) and reporting of ongoing property performance. This New York City based role is responsible for the timely and accurate preparation of complex financial models/proformas for investor reporting and cross functional collaboration with Property Management, Accounting/Finance, and Fund Accounting. This position includes direct oversight of a small portfolio of assets and leads Excel/financial modeling training for analysts.

The pay range for this position is $105-115k based upon factors including but not limited to related experience and time in the industry.

• Possesses thorough understanding of assets capital structure and business plan.
• Owns responsibility for financial review/analysis, budgeting, and performance management; identifies and raises trends and key areas of concern to Asset Managers.
• Provides direct oversight of a small portfolio of assets, driving NOI targets and optimizing value creation.
• Monitors monthly/quarterly performance; leads variance analysis and corrective action plans with site teams.
• Reviews and submits annual budgets for Asset Manager approval; assists Asset Manager with partnership responsibilities.

• Build, maintain, and enhance detailed financial models, budgets and annual business plans; support internal valuations.
• Validates model inputs/assumptions through analysis and communication with Asset Managers and Property Management to ensure the completeness and accuracy of information being updated.
• Mentors analysts on connecting financial review, budgeting, and performance management analysis to value creation and risk management.
• Trains/supports analysts on Excel and modeling.

• Assists in disposition analyses and transactions, including lender/investor deliverables and closing checklists.

• Initiates streamlining and modernization of asset management processes and reporting
• Leads BI scope on behalf of asset management
• Act as a liaison among Asset Management, Funding Accounting, Investor Reporting and other stakeholders to ensure data integrity across systems (property management systems, general ledger, BI tools).

• Advanced computer skills and proficiency in Microsoft Excel (modeling, scenario/sensitivity analysis) required.
• Excellent verbal and written communication; strong interpersonal skills required.
• Self motivated, takes initiative and able to independently research, learn, evaluate, and respond to complex issues with impeccable integrity and attention to detail.
• Advance…