Financial Analyst (2345 Crystal Drive)
Title: Financial Analyst (2345 Crystal Drive)
Department: Development
Date: January 31, 2012
Location: 2345 Crystal Drive, Suite 1000, Arlington, VA 22202
Reports To: Senior Vice President
FLSA: Exempt
General Purpose of Job/Summary:
The Financial Analyst (*Title subject to change depending on selected candidate’s experience, skill set, education, capabilities, etc.) is responsible for assisting the Development Department with all aspects of projects as needed, including project management and extensive analytical duties. The *Financial Analyst is responsible for complying with the operational policies and procedures established by Vornado/Charles E. Smith and Vornado Realty Trust.
Essential Duties and Responsibilities:
-
Analyze and prepare project proformas and sensitivity analyses.
-
Prepare and build Excel based financial models related to office, residential, and hotel projects.
-
Prepare cash flow projections.
-
Analyze and assist with analytical aspects of development projects, including underwriting, due diligence, financing and implementation.
-
Assist with the preparation of materials for project meetings.
-
Work with accounting department to prepare project reports.
-
Prepare project budgets and reporting statements.
-
Prepare various analyses of proposed lease transactions.
-
Prepare memorandum related to certain aspects of development projects, including joint venture agreements, debt agreements, and the evaluation of development opportunities.
-
Track development competition, lease comparables, regional trends, and overall market conditions.
-
Research zoning ordinances and entitlement processes within applicable jurisdictions.
-
Assist with management of various aspects of the development process as needed, with the guidance and oversight of senior Development Group staff.
Education/Experience:
-
Bachelor’s Degree in Finance or Business required.
-
Two (2) or more years of financial analysis experience, preferably in the real estate industry.
Technical Experience:
-
Advanced computer skills: Microsoft Word, Microsoft Outlook, Microsoft Excel, and Argus preferred.
-
Strong understanding of Microsoft Excel and the overall financial modeling process.
Other Skills/Requirements:
-
Solid problem-solving, quantitative and analytical skills required to conduct financial analysis, scenario analysis and profitability models.
-
Strong understanding of key components of financial models and how they impact results.
-
Understanding and modeling various deal structures such as ground leases, joint ventures, etc.
-
Ability to understand ownership documentation, including joint venture agreements, debt agreements, construction contracts, and other documentation related to the project.
-
Strong interpersonal skills, oral and written communication skills.
-
Ability to communicate effectively and foster good working relationships with all members of the project team.
-
Must be an independent worker who can prioritize and coordinate tasks to accomplish large amounts of work in a timely fashion.
-
Ability to shift from one project to another very quickly without loss of work quality and with minimal supervision.
-
Should be self-directed and motivated, organized, detail-oriented, and demonstrate quick turnaround, follow through and follow up.
-
Ability to work flexible or extended hours to accommodate increased workload/projects and to attend industry-related meetings or events in the evenings.
-
Excellent attendance and punctuality are essential functions of this position.
Other Important Attributes:
-
Composed demeanor, professional appearance, positive attitude and customer-oriented approach are priorities for this position.
-
Exercises good judgment and uses discretion.
-
Ability to keep processes moving forward and take initiative as appropriate.
-
Must be reliable, dependable with excellent attendance, flexible and versatile.
-
Schedule flexibility to work evenings and extended hours if needed.
-
Must be confident and capable when communicating with customers inside and outside the company.
-
The ability to work well under pressure and competing priorities.
Physical Requirements:
The physical requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions to the extent the Company may do so without undue hardship.
While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle, or feel, and talk or hear. The employee is regularly required to reach with hands and arms. The employee is occasionally required to stand, walk, and lift and/or move up to 25 pounds. The employee is required to make site visits to projects under construction.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions to the extent the Company may do so without undue hardship. The noise level in the work environment is usually moderate.
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Equal Opportunity Employer.
To Apply:
Please fax or e-mail cover letter, 2-year salary history, desired salary and resume in confidence to:
(703) 486-7577 – HR Confidential Fax
Email – vnoceshumanresources@vno.com