Asset Management Analyst
NexCore Group · Denver, CO · 2 days ago
On-siteFinance$75k–$90k/yrFull-time
Position OverviewNexCore Group is searching for a candidate to fill the position of Analyst within our growing Asset Management team. The Analyst will support the financial oversight of our operating properties and developments, with a focus on budget and financial statement review, cash flow forecasting, debt covenant monitoring, and reporting to capital partners and the NexCore senior leadership team.This position is ideal for a recent graduate or early-career professional with an analytical mind, strong Excel skills, and a strong work ethic who is seeking a career-building opportunity with exposure to nearly all aspects of an established, vertically integrated real estate company that develops, owns and manages its properties, from ground-up development through stabilized operations.Key ResponsibilitiesReview monthly financial statements for Senior Living communities, prepare budget variance analysis, and explain key drivers of occupancy, rate, labor costs and NOITrack occupancy, census, move-ins and move-outs, and prepare weekly activity reports for capital partnersPrepare monthly executive summaries for each community in coordination with our operating partnerMaintain Excel models and reports that track operating and cash flow results, operating forecasts, and debt complianceMonitor cash balances and forecast cash needs for operations and capital projectsPrepare distribution calculations and model disposition scenariosCalculate debt compliance covenants (DSCR, debt yield, LTV) and flag potential risks ahead of test datesAssist in the review of annual operating budgets and capital plans prepared by the operating teamGather market data to better understand local markets (occupancy and rate trends, competition, supply pipeline, and absorption)Support the Life Science portfolio by reviewing budgets and financial statements, tracking tenant improvement and leasing costs, and monitoring cash needs and debt covenantsBuild effective working relationships with internal departments (i.e. accounting, operations, legal, and finance) and our operating partnersWork on ad hoc projects and requests as neededSkills, Knowledge, and ExpertiseBachelor's degree in accounting, finance, commercial real estate, or a related field0-2 years' experience in real estate, financial analysis or accounting; relevant internships count. Senior housing experience strongly preferred; exposure to life science, office or multi-family is a plusStrong Microsoft Excel skills; familiarity with Yardi or ARGUS is a plusExcellent analytical skills, attention to detail and strong organizational skillsClear written and verbal communication; comfortable working with senior members of the team and outside partnersSelf-starter, able to work independently or in a team environmentAdaptability - maintains effectiveness across varying tasks, responsibilities and peopleLearning on the Fly - learns quickly when facing new problems, is open to change, and enjoys the challenge of unfamiliar tasksInterpersonal Savvy - relates well to people inside and outside the organization with diplomacy and tactTime Management - uses time effectively and can juggle multiple monthly deadlinesBenefitsCompensation: $75,000 - $90,000 / yearEligible for discretionary benefits: performance bonusEligible for standard employee benefit elections: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefitsDisclaimer:To All Recruitment Agencies - NexCore Group does not accept unsolicited third-party resumes. NexCore Group knows that when we welcome different points of view, it makes us better, stronger, and moves us boldly forward in becoming a world-class company. That is why we’re proud to be an Equal Opportunity Employer and encourage all qualified talent to apply. Your application will be reviewed regardless of race, religion, gender, sexual orientation, national origin, disability, age, or veteran status. If you are interested in applying for a position with NexCore Group and need special assistance or an accommodation to use our website, please contact HR@NexCoregroup.com Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.