San Diego

Portfolio Analyst and FP&A

Leave a Comment / Job Candidates, Portfolio Analyst and FP&A, San Diego

San Diego, CA

A  Southern California based real estate owner and manager a diverse array of real estate assets totaling more than $1.5 billion is looking for a Portfolio/FP&A Analyst to join their San Diego office and be an integral part of the asset management team. The position is ideally suited for a highly motivated, detail-oriented individual with exceptional financial modeling skills. This individual should have the desire to be a part of a rapidly expanding company and will work closely with the firm’s asset management, property management, acquisitions and accounting teams. Reporting to the SVP, Operations and CFO, the Analyst is responsible for providing financial and strategic analysis support for the retail team.

Responsibilities

Functions include preparing monthly financial reports and monitoring asset and corporate performance, assisting with the preparation of annual asset business plans and quarterly asset reviews, quarterly board materials, asset-level and portfolio-level financial analysis, and ad hoc analysis & reporting.

Asset / Portfolio Management :

  • Gather, process, and integrate financial data from multiple sources through use of accounting system (YARDI) and Excel; accurately and timely communicate findings to various internal and external stakeholders for critical management decision-making.
  • Build and maintain detailed and dynamic financial models and cash flows in Excel for existing portfolio assets to support operational decisions, including distribution recommendations to equity holders.
  • Develop and maintain comprehensive monthly and quarterly reporting packages to assist in the monitoring asset and portfolio-level performance (i.e., revenue, expenses, leasing, occupancy etc.)
  • Assist in the development and maintenance of quarterly asset reviews, annual business plans, and valuation models.
  • Coordinates across multiple departments to provide direction for and oversight of business plans, budgets, leases, and tenant collections.
  • Provide portfolio management support including project level communication with LPs.
  • Evaluate current processes and identify and implement improvements to streamline, automate, and/or increase accuracy.

Corporate FP&A:

  • Develop and maintain detailed forecasts and analytics to enhance corporate level revenue and tracking KPIs on a quarterly basis.
  • Assist in the preparation of annual corporate budgets and maintain quarterly cash flow forecast updates, and equity requirements for new investments.
  • Support CFO in the development and maintenance of quarterly board of directors’ report and presentations.
  • Performs ad hoc analysis for management as required

Requirements

  • 5-7 years of relevant experience
  • Collaborative and able to effectively liaise with investment partners and colleagues as well as able to work independently
  • Expert with Excel using advanced formulas to aggregate and present data (i.e. INDEX MATCH with multiple criteria, variations of IFS formulas, VLOOKUPS/HLOOKUPS, FILTER functions, and Pivot Tables)
  • Working knowledge of real estate accounting software systems such as Yardi
  • Working knowledge of Argus and other financial projection software preferred
  • Bachelor’s degree in Business Management, Finance, Real Estate or related field
  • Quantitative and analytical skills
  • Self-starter comfortable working within an entrepreneurial environment and assuming a strong sense of ownership over work product

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Analyst

Analyst, Job Candidates, San Diego

San Diego, CA

A stable and growing commercial real estate investor is seeking a detail‐oriented and enthusiastic Multifamily Analyst who will work on a wide range of transactions and responsibilities including:

  • Financial analysis and modeling of multi-family assets
  • Interaction with acquisitions, financing and asset management teams
  • Internal company presentations, analysis and reporting
  • Market research and competitive analysis
  • Presenting Company investments and opportunities to new or existing partners

Responsibilities

  • Provide financial and strategic analysis support primarily for the multi-family team
  • Provide support to team leaders in a variety of capacities
  • Gather, process, and synthesize financial data from multiple sources through use of accounting systems and Excel;
  • Accurately and timely communicate findings to various internal and external stakeholders for critical management decision-making
  • Develop and analyze monthly and quarterly reports that identify key operating metrics
  • Maintain and create visualizations and financial models that effectively communicate trends, patterns, and predictions using relevant data for executives and for equity partner presentations
  • Partner with multiple departments to monitor and evaluate property and portfolio performance
  • Report on key drivers and variances to internal and external teams
  • Keep a pulse on industry trends, transactional activity, peer market performance, and research perspectives relative to the real estate markets

Requirements

  • 5 years’ work experience, preferably in the accounting, finance and/or commercial real estate fields
  • Economics, Finance, Accounting degree preferred
  • A strong work ethic, the strength to thrive in a dynamic and demanding work environment
  • Intelligence with a keen focus on details
  • Strong analytical skills with experience using advanced excel formulas to aggregate and present data
  • Accounting and finance knowledge
  • Strong understanding of financial analysis concepts, including, but not limited to, rates of return, cash flows, net present value
  • Innovative and problem-solving approach to building and refining financial processes and models
  • Excellent verbal and written communication skills

Submit Your Application

  • Max. file size: 256 MB.
  • Max. file size: 256 MB.

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Property Manager

Job Candidates, Property Management, San Diego

San Diego, CA

A private real estate investment firm focused on the acquisition, development and management of retail, office and infill mixed-use properties in select West Coast markets with 15+ years of experience in San Diego, is looking for a Property Manager to join their team and provide support to their office and retail portfolio and property initiatives. 

RESPONSIBILITIES:

  • Responsible for lease administration duties
  • Monitor collections and coordinate default proceedings.
  • Ensure compliance with Property Management Policies and Procedures, codes, regulations, and governmental agency directives.
  • Complete property inspections: properties may require weekly, monthly, and/or quarterly inspections to be determined by specific asset requirement, company’s best practices, and/or client requirements.
  • Prepare annual operating budget and annual expense reconciliations.
  • Bid, negotiate, and manage conformity with vendor contracts in accordance with company’s contract requirements or client requirements.
  • Maintain interface with accounting team to ensure total contract compliance, including preparation of accurate and timely reporting.
  • Coordinate and oversee on behalf of client, all tenant and building construction work to ensure timely and accurate completion of all construction work at property.
  • Overseeing and coordinating property management, maintenance, and construction activities associated with commercial tenants.
  • Interacts with tenants in person by visiting properties, automobile travel is required.
  • Responsible for the prompt and positive response to requests from tenants, constantly assess tenant needs and assure problems are being solved promptly, to the mutual benefit of the tenant and properties, including preparing, dispatching and tracking tenant work orders.
  • May be engaged in the selection of contract services, vendor negotiations for service agreements and day-to-day monitoring of vendor performance to assure full compliance with standards established within the respective service agreements, including Certificates of Insurance.
  • Accounting processes which include, but is not limited to, completing property management / accounting forms as required, coding invoices, reviewing Accounts Receivable reports, and assisting in the collection of rents.
  • Involved in the administration of all tenant leases to assure full compliance with lease provisions, including Certificates of Insurance.
  • Answers telephone, screens calls, transfer callers to voice mail, or take messages to facilitate communications and contacts.
  • Participate in various meetings and training activities as designated by the Property Managers or higher-level management.

REQUIREMENTS: 

  • 2+ years prior work experience in Property Management
  • Strong written and verbal skills, with the ability to produce communications and other materials that are effective and of a professional nature
  • Computer proficiency with strong knowledge of Outlook, Word, Excel, and the ability to learn specific software programs as needed; Yardi experience a plus
  • Self-starter with strong organizational and problem-solving skills
  • Must be able to work in a fast-paced, team-oriented environment with multiple deadlines, and adapt readily to changing priorities
  • Capable of delivering superior customer service to tenants and clients
  • Ability to maintain an approachable, friendly demeanor when working with competing priorities and demands
  • Must be able to develop effective working relationships with co-workers, vendors, contractors, and tenants

Submit Your Application

  • Max. file size: 256 MB.
  • Max. file size: 256 MB.

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Associate Director, Property Management

Leave a Comment / Associate Director, Job Candidates, Property Management, San Diego

San Diego, CA

  • monthly, annual, and/or quarterly projects, inspections and repairs, ensuring on time completion and within budget. Coordination with client companies in an effort to reduce any disruption to operations.
  • Oversee, manage and/or perform other property management functions required of the position and assigned project(s).
  • Review Leases and Amendments, preparation and submittal of Lease Abstracts into Yardi and/or any other accounting systems. Preparation and review of operating matrix with client company and internal stakeholders as needed.
  • Create a culture providing guidance for new client companies with vendor recommendations if needed, new client company orientations, safety trainings and other educational forums that are beneficial to client companies.
  • Work with Legal as needed on client company requests as needed or for items not clearly defined in Lease.
  • Immediate response to liability and/or major property issues and reporting to Risk Management.

Financial Reporting:

  • Preparation of annual property operating budgets, monthly financial statements, quarterly budget reforecasts, accruals, variance reporting, CAM reconciliations and billings; ability to present to internal stakeholders and partners.
  • Timely collection of monthly rents in accordance with Lease terms, resolution of outstanding A/R issues including direct billbacks.
  • Routine processing of accounts payable.
  • Reconciliation of financial statements and ledgers.

Client Company/Life Science Community Relations:

  • Onboarding of new client companies, process to include interfacing with client companies’ lab operations managers and key personnel.
  • Prompt response to client company requests and/or questions.
  • Develop and maintain relationships with client company management and facility representatives.
  • Implement “client company touch” programs and review amenities to keep refreshed with current, and market-driven services.
  • Understand each client company’s needs to provide flexibility/expansion/relocation needs within portfolio as well as business needs to leverage our platform to solve their real estate challenges where appropriate.
  • Manage client company move-outs with review of lease language, particularly restoration clauses, review of Surrender Plans, coordination with client company and consultants to ensure decontamination of suites has been handled appropriately and all agency documents filed.
  • Participate in industry events to maintain and expand Breakthrough’s presence in the life science and technology communities.

Property Operations/Client Company Improvement Support:

  • Participate in property operations set-up to include, but not limited to, back-of-house operations, major building equipment commissioning and operations.
  • Support client company improvement projects to include, but not limited to, work letter administration, client company plan review, architect and contractor engagement and management, budget and improvement allowance monitoring and management, and project close-out while ensuring on time completion and within budget.
  • As directed by the Company’s senior management, support client company buildouts, mechanical and other major building system upgrades, including capital project oversight and implementation.

Facilities Services:

  • Develop and maintain strong vendor relationships partnering with engineering teams, coordination of contracting of ongoing maintenance, repairs and capital projects, ensuring completion on time and within budget.
  • Provide recommendations for capital improvements and operational considerations with an emphasis on corporate sustainability.
  • Ensuring timely and clear communication with client companies on any scheduled and emergency maintenance and repairs.
  • Coordination with client companies and their contractors for any TI and/or capital projects minimizing disruptions or loss of essential services to other client companies or amenities.
  • Emergency Response: Provide oversight to asset management and engineering teams in emergency situations such as floods, spills and leaks requiring immediate restoration, mold analysis and remediation.
  • Develop (with third party vendors as necessary) standard operating procedures and programs ranging in protocols for laboratory safety, laboratory operational permits, hazardous waste disposal, maintenance of accurate and up-to-date records on all training, permits and incidents. Maintain all site signage related to safety and standards for the site. Ensure Control Area compliance is being met.
  • Ensuring City and Agency required forms and renewals are completed on time.

REQUIREMENTS:

  • Minimum 10 years of proven success in the asset/property management industry with direct practical experience setting up operations, operating and managing sophisticated life science or commercial facilities.
  • Bachelor’s Degree or greater preferred. Real Estate License preferred.
  • CCIM, CPM, RPA, LEED or equivalent industry designation(s) preferred.
  • Strong organizational, communication and financial skills are required.
  • Successful track record of leading and managing others.
  • Strong technical knowledge of building operations required.
  • Experience in all phases of property operations, inclusive of asset and property management functions, legal and risk management.
  • Knowledge of key liability and legal issues in property management.
  • Experience with complex, highly technical commercial building system applications.
  • Experience with client company improvement projects.
  • Self-directed and motivated individual capable of managing both large and small project teams
  • Ability to resolve complex issues in a timely manner while prioritizing and handling multiple projects simultaneously.
  • Passion for working with people, creating amazing experiences and leading with a hospitality mindset.
  • Takes initiative and is a proactive and decisive leader always focused on continuous improvement.
  • Computer proficient skills with strong knowledge in spreadsheet preparation and working experience with all Microsoft Office Products, including but not limited to Excel, Word, Outlook, Angus, Yardi, and with skills to learn proprietary software systems utilized by the Company.

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