Land Analyst
Lennar · Houston, TX · 3 wk ago
Business Development$30k/yrFull-time
Lennar is one of the nation's leading homebuilders, dedicated to making an impact and creating an extraordinary experience for homeowners, communities, and associates by building quality homes and providing exceptional customer service.
About the role
As a Land Analyst, you will work closely with the Vice President of Land Acquisition and Land Transaction Manager to source, prepare competitive market analysis studies and reports, assemble financial reports and statements, research deal-specific tasks, and provide support in preparing feasibility books (“Green Books”), memoranda, and other documentation for corporate approval.
Responsibilities
- Perform a lead role in the financial analysis inherent to quarterly and annual Division Business Plans summarizing actual and projected financial performance for the Division and each Division asset.
- Prepare gross revenues, profit margins, sources and uses of funds and related distribution projections, cash flow forecasts, break-even analysis, cost-basis and cost-of-sales analysis, return-on-assets, and internal rate of return.
- Assist in financial feasibility analysis for each of the Division’s acquisition opportunities.
- Prepare underwriting proformas and related financial documentation for each asset acquired by Division.
- Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for each of the Division’s disposition opportunities.
- Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, etc.
- Implement and maintain a computerized financial proforma model for community planning (versus formal accounting and reporting) purposes.
- In close cooperation with other management associates, “game” alternative business planning scenarios leading to a recommended “optimum” financial plan.
- Perform a liaison role with Corporate Finance “customers” to ensure the Division adheres to all financial strategies and related procedures and provides financial analysis data in an easily usable manner.
- Maintain a market analysis database for use in project feasibility analysis.
- Understand the competitive market by visiting sites as required and collate and analyze competitive pricing, features, costs, etc.
- Assist in the Greenfolder process by preparing vestacalcs and other charts, graphs, and reports as required.
- Formulate budgets for assigned programs/projects and administer related vendor contracts, change orders, check requests, and invoices.
- Prepare and periodically update annual objectives, budgets, and schedules.
Requirements
- Bachelor’s Degree required in Business, Economics, Real Estate, Finance, or a similar discipline.
- 1-3 years of related experience preferred.
- Basic understanding of real estate and residential land use; local real estate knowledge is extremely beneficial.
- Highly proficient in Microsoft Excel, Word, and PowerPoint and working knowledge of mapping applications.
- Detail-oriented with strong acumen for critical, logical thinking and problem-solving.
- Excellent interpersonal, written, and verbal communication skills.
Physical & Office/Site Presence Requirements
- Regular, in-person attendance at Company communities/job sites and offices during regular work hours is an essential function of this job.
- Ability to work more than eight hours per day in the confined quarters of a construction trailer.
- Ability to operate a motor vehicle, read plans, climb stairs and ladders, bend, stoop, reach, lift, move and/or carry equipment which may be in excess of 50 pounds.
- Occasional operation of construction equipment may be required.
- Finger dexterity may be required to operate a computer keyboard and calculator.
Benefits
- Robust health insurance plans, including Medical, Dental, and Vision coverage.
- 401(k) Retirement Plan with a $1 for $1 Company Match up to 5%.
- Paid Parental Leave and Associate Assistance Plan.
- Education Assistance Program and up to $30,000 in Adoption Assistance.
- Up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies.
- New Hire Referral Bonus Program.
- Significant Home Purchase Discounts.
- Everyone’s Included Day.