Want a real career move where you can add value? Make an impact? Be excited about coming to work everyday? Based in El Segundo, CenterCal Properties is seeking a Real Estate Sr. Financial Analyst to join its team of cutting edge professionals!
CenterCal offers a compensation package you can feel good about and personal and professional challenges. Submit your resume/profile and let's talk!
CenterCal Properties is a creative mixed-use development platform and is one of the most active retail developers in the United States. The company has organized into three strategic regions where we maintain prominent positions in the market to successfully execute new top tier real estate development projects. CenterCal has also evolved with the ever-changing real estate business. The Company intends to maintain its lead as a driver of change with an unrelenting passion to deliver the highest quality assets and value through our projects.
As we continue to expand our portfolio and team, our acquisition criteria has evolved into a diverse program of offerings. These encompass grocery anchored developments, joint ventures and ground up mixed-use developments. We also believe real estate is local and the best people to further our success will be part of the communities we serve. For this reason, we are seeking to attract and retain the best people in the business who wish to grow with us into future leaders of the Company. We believe we have an incredibly bright future and want to hear from future leaders who have the qualities to contribute to our collective success.
In addition to a competitive compensation package, CenterCal offers a comprehensive benefits package and company culture that’s offers flexibility, is collaborative, family-oriented and focused on the health and well-being of its strongest asset – all employees!
Medical, dental, vision, short-term disability, long-term disability and a group term life benefit. • 401k plan - Under the Company’s current benefits package, eligible employees can begin participating after 90 days of employment. Company will match 100% up to the first 3% and 50% of the next 2% for a maximum of 4% depending upon your contribution percentage. • Financial advisement services through RBC, the company’s 401k advisor. • Three weeks of accrued vacation. • Six days of sick leave per year. • Company paid holidays – all Federal holidays (excluding President’s Day) plus the day after Thanksgiving and Christmas Eve. • Two paid community service days – one individual volunteer day and one company-sponsored. • Flexible spending accounts and more!
GENERAL PURPOSE: The Sr. Financial Analyst is responsible for developing and maintaining complex cash flow models, assisting with the annual budget and monthly forecast process, preparing financial reports, and working on ad hoc projects/analyses. The position works closely with the leasing team, asset management, property management, construction and development teams.
KEY RESPONSIBILITIES/DUTIES: Reasonable accommodations may be made to allow differently-abled individuals to perform the essential functions of the job. Responsibilities include but are not limited to:
Manage budget for company’s portfolio, analyze forecast to actual and include budget variances including base rent and percentage rent.
Create a leasing master data warehouse/dashboard to automate budget/forecast process and reports.
Track leasing statistics and metrics, benchmarking, and review of market and competitor analysis to forecast trends, identify risks and opportunities.
Leasing deal review including analysis of financials, revenue assumptions, occupancy cost and health ratios.
Prepare monthly and weekly vacancy and occupancy reports, dealmaker performance, vacancy exposure, rent relief, signed deals, tenant allowances, sales kick-outs and co-tenancy requirements.
Prepare leasing package for Principal report on a monthly basis.
Provide underwriting support for acquisitions, joint ventures, and property redevelopment.
Process lease commissions calculations and lease incentive payments.
Oversee and populate REmaap process and systems. Provide training as needed.
Attend weekly leasing meetings.
Other duties as assigned.
MINIMUM QUALIFICATIONS: The following are the minimum qualifications which an individual needs in order to successfully perform the duties and responsibilities of this position. Please note that the minimum qualifications may vary based upon the department size and/or geographic location.
Bachelor's degree in finance, real estate, economics, accounting or a related field.
Minimum 3 to 5 years of full-time experience as a real estate analyst required.
Shopping Center experience preferred.
Knowledge, Skills & Abilities:
Exceptional Excel skills
Proficient in Word, PowerPoint and Argus
Strong oral and written communication skills
Outstanding quantitative and analytical skills
Ability to maintain confidentiality and display good judgment
Strong attention to detail
Ability to work in a fast-paced office environment to meet deadlines and handle multiple projects simultaneously
Ability to maintain quantity without sacrificing quality
Exceptional organizational, analytical, and interpersonal skills
A developer’s success can reach beyond the financial returns of the projects they build. At CenterCal Properties, we are focused on creating thoughtful projects that will endure as a lasting benefit to the communities we serve. Our primary goal is to design gathering places that will strengthen the social fabric of our neighborhoods, ultimately creating prosperity, happiness and a stronger sense of community.
CenterCal honors the customer by providing the best experience possible, through design, fine restaurants and retailers and amenities that enhance the surrounding neighborhoods. Since we believe strongly in partnering with the community for many years to come, we offer many reasons to visit our projects more often with activities, entertainment and community events that provide a social atmosphere that is inviting and fun.
Each project is genuinely a team effort and we employ a carefully curated mix of imaginative, talented and passionate individuals. Our role is to fiercely protect the CenterCal brand and purpose, as every team member holds each project close to their hearts. For many of our employees, these developments are within their own backyards; therefore we all have a vested interest in doing it right.