The Financial Analyst supports all aspects of fund and asset management including daily pricing, capital and reposition projects, and investment fund management, along with all necessary reporting. The Asset Management Analyst reviews price recommendations daily while monitoring demand forecasting and price response to understand the recommendation for each community. This role is also responsible for monitoring asset performance and recommending a strategic and tactical resolution to performance issues. In addition, this position supports various special ad-hoc analysis and projects as needed.
This individual works closely with Finance, Real Estate Investments, Accounting, Construction/Facilities, Marketing, and on-site Operations teams to adequately support the needs of the department. The Asset Management Analyst, from time to time, may assist other departments with reporting and ad-hoc analysis.
Our ideal candidate will have extensive financial modeling capabilities, property pricing experience, and excellent written & oral communication skills. This candidate excels at critical thinking and possesses the ability to make confident business decisions. This position requires attention to detail, accuracy and organizational skills while multi-tasking in a fast-paced environment.
Coordinates, executes, and reports on reposition efforts
Updates monthly capital expenditures schedules for all Camden communities and support Facilities during the quarterly capex reforecasts and yearly capex budget processes
Provides ongoing analysis of assets in the Fund s portfolio including the review of monthly operating results and Fund level performance for external reporting and internal analysis
Assists with preparing the Fund quarterly investment reports to distribute to joint venture partners
Collaborates with Real Estate Investments and Investor Relations to maintain Market Analysis reports and provide market recommendations through quantitative and qualitative research
Performs asset sensitivity analysis to support strategic portfolio and capital allocation decisions
Provides support (primarily performance and other financial data) to leadership for ongoing and ad-hoc analysis or presentations
Understands YieldStar s pricing principles
Independently reviews and accepts floor plan pricing at communities and communicates with operational teams concerning asset pricing decisions
Monitors asset performance to market and REIT peers and recommends strategic & tactical resolution to performance issues
Leads monthly regional revenue meetings with operations to discuss revenue performance and strategic direction
Assists with monthly review of financial statements and variances
Assists the Business Support Center with Yieldstar and Performance Analytics support
Provides training support to operations as needed
Assists with ongoing revenue budgeting and forecasting processes
Bachelor s degree required, preferably with a concentration in Real Estate, Finance, Economics or Accounting; Master s degree preferred
2 to 4 years of experience preferred
Experience with Yieldstar, revenue management, and Performance Analytics is a plus
Experience in real estate valuations, real estate operations, or portfolio and asset management with a specific focus on real estate preferred
Must be self-motivated and have a strong team player mentality
Proven record of reliability and accuracy
Financial modeling skills and systemic problem solving techniques highly desired
Proficiency in Microsoft Office Suite including Word, Excel & Outlook
Understanding of database structure and SQL query proficiency is a plus
Basic knowledge of statistics and forecasting preferred
Strong written and verbal communication skills
This job description is not an all-inclusive list of duties and responsibilities. Camden may add or change responsibilities in order to meet business and organizational needs. Employees must meet qualification standards that are job-related and consistent with business necessity and must be able to perform the essential functions of the position, with or without reasonable accommodations.
Internal Number: 200260
About Camden Property Trust
Camden Property Trust is one of the largest publicly traded multifamily companies in the U.S. Operating as a Real Estate Investment Trust (REIT), we own, develop, acquire, sell and manage apartment communities in 15 major markets. Camden has more than 1,800 employees across the country and is headquartered in Houston, Texas.
Camden has been recognized by FORTUNE® Magazine as one of the "100 Best Companies to Work For" in the country! We are the only multifamily company to ever be included on FORTUNE's famous list. We are committed to the growth and success of everyone we work with, which is the foundation for building focused, effective teams and creating an exciting and impactful work environment. Our shared values (including our commitment to fun!) make Camden an industry-leader and one of the nation’s best employers.