Related Companies New York , NY 10007
Posted 2 months ago
Related Companies is seeking a Financial Analyst to join our team in New York City!
The Financial Analyst is responsible, under the direction of the Vice President of Planning and Operations, to research, lead, and/or implement processes that deal with the critical business functions of Related and the sites under Related's management. This position researches and/or directs initiatives to improve the management of programs, policies, procedures, regulations, and guidance on various business operations and management of the portfolio.
Assist with the preparation of the annual property budgets, with input from Regional Vice Presidents, Regional Managers, Community Managers, Asset Managers and Owners.
Analyzes monthly performance and budget projections and compares to annual management plan and budget; adjusts strategies accordingly.
Review and analysis of detailed budget variance reports (BVR), income expense, capital expenditures, leasing costs, NOI and cash flow; financial analysis of construction & development projects relative to each site's operational and financial status and goals.
Develop, prepare and maintain customized reports designed to track and advise Owners, Asset Managers, Regional Vice Presidents and Regional Managers of property performance.
Assists with resolving accounts payable and accounts receivable issues and concerns.
Respond to inquiries from Owners, Asset Managers, Operations, Regional Vice Presidents and Regional Managers regarding property specific financial questions/concerns.
Assist in creating monthly, quarterly and annual management reporting packages.
Create monthly cash flow projections for cost centers and business platforms.
Prepare actual versus budget variance analysis.
Maintain relationships with internal and external customers.
$70,000 - $80,000 + Discretionary Bonus
Personalized Health Care: Multiple medical, dental, and vision plan options; Employee Assistance Program
Financial Benefits: Competitive salary and incentive packages; matching 401(k); FSAs and HSA; employer-paid life and AD&D insurance; paid leave & disability programs
Social Wellness: 19+ days of PTO; mental health counseling & resources; fertility, surrogacy, and adoption assistance; volunteer days and donation matching
Career Development: Learning & training programs; tuition & certification reimbursement; internal advancement opportunities
Minimum of 1-3 years of work experience in Finance, Investment Banking, and/or Accounting; ideally some combination of all skillsets
Advanced Excel skills
Ideally, knowledge of MS Access and SQL
Highly intelligent with excellent analytical skills, with a larger focus on financial reporting and ability to convert raw data into financial analyses
Ideal candidate is a highly self-motivated person who thrives in a dynamic work environment and demonstrates a flexible and adaptable work style that responds quickly
Takes ownership for decisions and is accountable for actions regardless of the outcome
Superior organizational skills
A mature professional with excellent judgment and interpersonal skills
Experience with accounting systems and information tools such as JD Edwards, Hyperion and database applications, a plus
Undergraduate degree required
Advanced Degree, (e.g., CFA), a plus
Please note that Related has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees. As a condition of employment, Related employees working on-site are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law. Related Companies is an equal opportunity employer.
Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States with over sixty billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan's West Side, The Grand and Related Santa Clara in California and The 78 in Chicago. Formed over 45 years ago, Related is the largest private owner of affordable housing and a fully-integrated, highly diversified industry leader with experience in virtually every aspect of design, development, acquisitions, management, finance, hospitality, sustainability, and sales. Related's mixed-use, residential and commercial office properties have been consistently heralded for their placemaking vision - bringing together iconic design, arts and culture, dynamic programming, and innovative wellness programs. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of approximately 4,000 professionals. Related was recently named to Fast Company Magazine's list of the 50 Most Innovative Companies in the World. For more information about Related, please visit www.related.com.