Financial Analyst – FPA Job at April Housing
Overview:
April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.
The Financial Analyst will join a team of financial professionals responsible for performing a myriad of analytical duties associated with operating a large portfolio of affordable housing properties within their region. The duties include preparing monthly financial analyses and reports, supporting/collaborating to complete annual budgets and reforecasts, sourcing and compiling market data, reviewing quarterly board materials, and ad hoc analysis and reporting.
As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $65,000- $80,000, 5% bonus target (this represents the presently-anticipated low and high end of the Company’s base salary range for this position). Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience. Responsibilities:
April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.
April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.
In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.
The Financial Analyst will join a team of financial professionals responsible for performing a myriad of analytical duties associated with operating a large portfolio of affordable housing properties within their region. The duties include preparing monthly financial analyses and reports, supporting/collaborating to complete annual budgets and reforecasts, sourcing and compiling market data, reviewing quarterly board materials, and ad hoc analysis and reporting.
As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $65,000- $80,000, 5% bonus target (this represents the presently-anticipated low and high end of the Company’s base salary range for this position). Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.
What you will do:
The ideal candidate will convey a passion/curiosity for real estate investment, constantly work to identify, scale, and automate repetitive functions, be coachable, and have a strong desire to learn and grow in the field. This is the perfect role for a recent grad or someone with 0 - 1 years of FPA experience and desire to break into the multi-family industry. You bring your analytical skills; we can teach you real estate.
- Analyze monthly financials for opportunities to make action-oriented conclusions to improve financial and operational results.
- Complete “deep-dive” property assessment reports for at-risk assets not meeting Budget and/or operational expectations.
- Communicate analyses to Asset Managers, leadership, and other key stakeholders within April so that informed key strategic decisions may be made.
- Provide reporting in a timely and accurate manner to support consolidated portfolio reporting to Asset Managers, leadership and other key stakeholders.
- Support execution of April’s annual budgeting and forecasting processes.
- Retrieve and analyze financial and operational data from Yardi, OneNote, Axiometrics, American Community Survey, US Bureau of Labor Statistics, US Department of Housing and Urban Development and other sources as may be determined.
- Develop subject matter knowledge in your region’s job growth, supply growth, rent growth income growth, inflation and occupancy.
- Perform special ad hoc projects and analysis on a frequent basis.
What you should have:
- Bachelor’s degree in economics, finance, real estate, STEM or accounting
- Recent college graduate with 0 -1 year of experience in an analyst capacity
- Strong desire to learn real estate
- Ability to demonstrate analytical acumen
- Strong work ethic: strength to thrive in a dynamic and demanding work environment, ability to meet critical deadlines, motivated by desire to achieve excellence
- Proficiency with Excel and PowerPoint: efficient database sourcing, utilization of standard Excel functions (sumif/s, v/hlookup, index/match, indirect, pivot tables, data tables, filters, and keyboard shortcuts) to aggregate and summarize data; creation of graphs in proper context of data presented; use of best practices for insuring data integrity; design of executive/board level presentation quality outputs
- Basic understanding of accounting (general ledger, trial balance, and capital policy) is a plus
- Excellent oral and written communication skills, self-confidence to lead a meeting and discuss financial results with Asset Managers, leadership, and other key stakeholders
- Experience with Yardi is a plus
EEO Statement
Our company is
proud to be an equal opportunity employer.
We celebrate diversity and are committed to creating an inclusive environment for all employees.
Our employment decisions are based on individual qualifications, job requirements and business needs without
regard to
race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and
or any
other legally protected characteristics. We are committed to providing reasonable accommodations, if you
need an accommodation to complete the application process,
please email talent@revantage.com.
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