Financial Analyst, Affordable Housing Acquisitions & Development

The Transcend Group; Los Angeles (CA); Presencial; USD 80.000 - 110.000; Jornada completa

Descripción de la vacante

The Transcend Group in Los Angeles is seeking a Financial Analyst to join the Acquisitions & Development team. The Analyst will work with senior team members on acquisition, financing, rehabilitation, recapitalization, and preservation of multifamily affordable housing properties nationwide.

The position is designed for a motivated professional seeking to build a career in affordable housing and real estate development.

Formación

• Bachelor's degree in finance, real estate, accounting, economics, business, or a related field is preferred.
• 1–3 years of relevant experience in financial analysis, real estate, banking, development, underwriting, accounting, or related field preferred.
• Strong Excel skills, including financial modeling; ability to learn, maintain, and audit models.
• Strong analytical skills with ability to review statements and reconcile data from multiple sources.

Responsabilidades

• Prepare, maintain, and reconcile financial models for acquisitions, recapitalizations, and development transactions, including cash flows, sources and uses, budgets, and debt/equity financing through closing and stabilization.
• Proactively communicate project status, outstanding requirements, potential issues, and upcoming deadlines to senior team members.
• Analyze property operations, rents, expenses, development costs, financing terms, and transaction feasibility; perform sensitivity and variance analyses and identify material issues.
• Maintain development budgets and track project costs, commitments, construction draws, change orders, contingencies, loan proceeds, equity installments, and developer fee payments.
• Assist with LIHTC, tax-exempt bonds, HUD, agency, and other financing applications, including required financial schedules and exhibits.
• Support financial requirements throughout the transaction lifecycle, including cost certifications, placed-in-service requirements, equity installments, and construction-to-permanent loan conversions.
• Coordinate and track due diligence, financing, agency, development, and closing requirements, including outstanding items, responsible parties, and deadlines.
• Review third-party reports, financial exhibits, and transaction documents to identify financial implications, inconsistencies, and unresolved issues.
• Work directly with lenders, tax credit investors, attorneys, accountants, property management companies, consultants, and government agencies, taking increasing ownership of assigned workstreams as experience develops.

Conocimientos

Excel modeling

Analytical skills

Communication skills

Self-motivation

Educación

Bachelor's degree in finance, real estate, accounting, economics, business, or related field

Herramientas

Microsoft Excel

Descripción del empleo

Our group is seeking a Financial Analyst to join our Acquisitions & Development team. The Analyst will work directly with senior members of the team on the acquisition, financing, rehabilitation, recapitalization, and preservation of multifamily affordable housing properties nationwide, while collaborating with the company's asset management, construction, accounting, and property management functions.

The position is designed for a motivated professional seeking to build a career in affordable housing and real estate development. Initially, the Analyst will focus on financial analysis, underwriting, and transaction execution. As the Analyst gains experience, the role will expand into greater responsibility for project management, agency coordination, and ownership of assigned workstreams.

Responsibilities

• Prepare, maintain, and reconcile financial models for acquisitions, recapitalizations, and development transactions, including cash flows, sources and uses, development budgets, and debt and equity financing through closing and stabilization.
• Proactively communicate project status, outstanding requirements, potential issues, and upcoming deadlines to senior team members.
• Analyze property operations, rents, expenses, development costs, financing terms, and transaction feasibility; perform sensitivity and variance analyses and identify material issues.
• Maintain development budgets and track project costs, commitments, construction draws, change orders, contingencies, loan proceeds, equity installments, and developer fee payments.
• Assist with LIHTC, tax-exempt bond, HUD, agency, and other financing applications, including required financial schedules and exhibits.
• Support financial requirements throughout the transaction lifecycle, including cost certifications, placed-in-service requirements, equity installments, and construction-to-permanent loan conversions.
• Coordinate and track due diligence, financing, agency, development, and closing requirements, including outstanding items, responsible parties, and deadlines.
• Review third-party reports, financial exhibits, and transaction documents to identify financial implications, inconsistencies, and unresolved issues.
• Work directly with lenders, tax credit investors, attorneys, accountants, property management companies, consultants, and government agencies, taking increasing ownership of assigned workstreams as experience develops.

Qualifications

• Bachelor's degree in finance, real estate, accounting, economics, business, or a related field preferred.
• 1–3 years of relevant experience in financial analysis, real estate, banking, development, underwriting, accounting, or a related field preferred.
• Strong Microsoft Excel skills, including experience with financial modeling and the ability to learn, maintain, and audit complex financial models.
• Strong analytical skills and the ability to review financial statements, reconcile information across multiple sources, and identify discrepancies.
• Strong written and verbal communication skills.
• Ability to work independently, take ownership of assignments, and manage multiple transactions and competing deadlines.
• Intellectual curiosity and an interest in learning affordable housing finance and real estate development.

Preferred Experience

• Experience in affordable housing, multifamily real estate, development, acquisitions, commercial banking, lending, investment banking, or real estate private equity.
• Familiarity with LIHTC, tax-exempt bonds, HUD/FHA programs, Project-Based Section 8, Fannie Mae, Freddie Mac, or other affordable housing financing programs.

Prior affordable housing experience is preferred but not required.