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RED Development · 22 hours ago

Financial Analyst

Phoenix, AZ

Full-time

Onsite

Entry, Mid Level

2+ years exp

RED Development is a company focused on retail shopping centers, office properties, and mixed-use properties. The Financial Analyst will assist Asset Managers with financial analysis and modeling to support decision-making related to real estate acquisitions and portfolio management.

Commercial Real EstateProperty ManagementReal Estate

Responsibilities

Create financial models to proactively provide decision support to senior management

Manage Argus files to produce extensive cash flow projections and quantify the financial impacts of real estate decisions. Make real time updates for executed leases, changes in market leasing assumptions, adjustments to operating expenses, and changes to capital

Read and interpret lease documents to ensure proper modeling in Argus, CAM workbooks and budgets

Assist in preparing project report packages in accordance with development and operating agreements and loan documents with project partners and lenders

Prepare financial models for annual budgets and business plans. Participate in the annual budget and quarterly reforecasting processes

Assist with fair value appraisal process for portfolio including gathering due diligence items requested by appraiser, complete a thorough review of the appraisal, analyze cash flow and prepare detailed memos to summarize significant findings in the appraisal

Attend budget and leasing meetings in order to become intimately familiar with all aspects of assigned properties

Support the due diligence tasks associated with acquisitions, dispositions and financings. Review due diligence materials (leases, financials, contracts)

On a quarterly basis, collect and summarize key portfolio metrics including leased occupancy and physical occupancy percentage, sales performance, net operating income and distributions

Work with accounting department to prepare quarterly cash flows, annual budgets and CAM workbooks

Assist with the preparation of presentations to the senior management team

Additional ad hoc projects/duties as assigned