What are the responsibilities and job description for the Financial Asset Management Analyst position at PRIME GROUP?
Job Summary:
We are seeking a highly analytical Financial Asset Management Analyst to support the oversight and optimization of a diverse portfolio of hotel, multifamily, and commercial properties. This role involves monitoring asset performance, conducting financial analysis, and assisting in strategic decision-making to maximize property value and cash flow. The ideal candidate will have a strong background in real estate finance, data analysis, and financial modeling.
Job Responsibilities:
- Monitor and analyze property-level financials, including revenue, expenses, NOI, and cash flow.
- Evaluate rent rolls, operating statements, and market trends to assess asset performance.
- Track key performance metrics such as DSCR and Debt Yield.
- Assist in forecasting, budgeting, and variance analysis to identify operational inefficiencies.
- Collaborate with property managers and operators to enhance asset performance.
- Identify opportunities for revenue growth, cost savings, and operational improvements.
- Support capital expenditure planning and ROI analysis for renovations and repositioning.
- Assist in leasing strategies, tenant negotiations, and market research.
- Prepare financial reports for senior management, lenders, and investors.
- Ensure loan covenant compliance and assist in refinancing or debt restructuring.
- Maintain relationships with lenders, partners, and stakeholders to execute asset strategies.
- Conduct market research and compare portfolio performance to industry benchmarks.
- Monitor macroeconomic trends, property values, and rental rates in target markets.
- Provide underwriting assistance to acquisition and disposition teams as needed.
Job Requirements & Qualification:
- A Bachelor's degree in finance, Real Estate, Economics, Accounting, or a related field.
- Experience: 1-3 years in commercial real estate asset underwriting, finance, or investment analysis.
- Strong financial modeling and data analysis capabilities.
- Proficiency in Excel, Yardi, and other real estate software.
- Knowledge of real estate financial metrics such as NOI, IRR, DSCR, and Debt Yield.
- Excellent written and verbal communication skills for reporting and presentations.
- Ability to work collaboratively in a fast-paced investment environment.
Benefits:
- Comprehensive benefits package including health insurance, retirement plans, and paid time off.
- Collaborative and team-oriented work environment.
- Opportunities for professional development and career advancement within a growing organization.
About Us:
Prime Group’s vertically integrated approach unifies multiple Real Estate disciplines under a single roof sharing a multifaceted vision of improved, sustainable real estate development utilizing our diverse strengths, strategic affiliates, and talented in-house professionals. Our results are a robust portfolio of retail centers, offices, mixed-use developments, hotels, resorts, restaurants, and residential single and multi-family communities; each supported and sustained through technology, planning, and experienced skilled personnel. We are a privately owned company with the agility and strength to leverage unique opportunities. With growth as a measure of our success, Prime Group’s core affiliates shift and share resources to support our projects, processes, companies, and clients. Since Prime Group began as a residential real estate development company, the company has grown to include commercial retail, office, hospitality, and mixed-use specialties, consultation, and management.