Senior Analyst, FP&A

The Durst Organization; New York (NY); On-site; USD 115,000 - 145,000; Full time

Job summary

An established industry player is seeking a Senior Analyst for Financial Planning & Analysis, a role that is pivotal in shaping the financial future of the organization. This position involves creating detailed financial forecasts and collaborating with various departments to inform capital planning and asset management. The ideal candidate will possess strong analytical skills and a solid understanding of real estate fundamentals, along with proficiency in Argus and Excel. Join a dynamic team that values innovation and sustainability, where your contributions will directly impact the company's growth and success.

Qualifications

• 2-4 years of relevant experience in financial planning and analysis.
• Strong understanding of real estate fundamentals and financial concepts.

Responsibilities

• Create and maintain Argus Models for the commercial portfolio.
• Collaborate with various teams to develop assumptions for budgets and forecasts.

Skills

Financial Forecasting

Argus Modeling

Microsoft Excel

Interpersonal Skills

Communication Skills

Education

Bachelor’s Degree in Real Estate

Bachelor’s Degree in Finance

Bachelor’s Degree in Accounting

Tools

Argus

Microsoft Office Suite

MRI

Job description

Durst Profile

For over 100 years, The Durst Organization has been a family-run business dedicated to innovation, integrity, community, and sustainability. We develop, build, own, and manage premier office towers and residential buildings that set new standards in environmental responsibility and user efficiency. Our enduring relationships with tenants and partners are critical to our success and have ensured the longevity of The Durst Organization.

Our Mission Statement: We build, own, and operate many of the world’s most innovative and efficient buildings. We create value for our tenants and partners by developing sustainable residential and commercial properties in which people live, work, and thrive.

Overview

The Senior Analyst - Financial Planning & Analysis plays a critical role by creating financial forecasts for the company’s core lines of business and preparing recurring reports that inform capital planning and asset management across the portfolio.

The Senior Analyst will collaborate with various internal departments and external partners to carry out assignments under the guidance of senior members of the Transactions team. The role requires well-developed interpersonal and communication skills.

Responsibilities

Essential Duties and Responsibilities:

1. Create, modify, and maintain Argus Models for the building’s commercial portfolio.
2. Collaborate with Leasing, Construction, and Operations teams to develop assumptions around leasing activity, capital projects, and operating budgets.
3. Work with Accounting to analyze quarterly financial results and conduct variance analyses to inform forecasts.
4. Model future debt obligations and assumptions around financings with the Finance team.
5. Model future capital events and asset management strategies with the Transactions team.
6. Advance capital planning by assembling and updating portfolio and corporate cash flow forecasts.
7. Coordinate collection, analysis, and delivery of key metrics related to capital events, leasing, refinancing, and budgets.
8. Assist in preparing strategic plans, new business analyses, and ad hoc analyses.
9. Prepare sensitivity analyses based on leasing and refinancing strategies.
10. Prepare and present reports to the Executive team highlighting key events affecting capital planning.
11. Assist in material preparation for executive meetings.
12. Maintain confidentiality of sensitive information.
13. Support sustainability initiatives within the organization, integrating environmental stewardship into processes and practices.
14. Perform additional duties as assigned.

Qualifications

Knowledge, Skills, and Abilities:

• 2-4 years of relevant experience
• Bachelor’s Degree in Real Estate, Finance, or Accounting preferred
• Proficiency in Argus, Microsoft Excel, Word, Outlook, PowerPoint; MRI experience a plus
• Strong understanding of real estate fundamentals and financial concepts
• Ability to construct and edit cash flow forecasts in Excel and Argus
• Excellent organizational and interpersonal skills
• Effective communication skills, with the ability to present analysis clearly to senior executives

Department Summary

The Transactions Department manages the development cycle from acquisition to stabilization, including redevelopment and disposition. It involves sourcing, underwriting, negotiating, and closing acquisitions, as well as sourcing and finalizing project financing. The team also supports design decisions to maximize returns and manages diligence, investment processes, and reporting for Durst Ventures.

Salary range: $115,000 - $145,000 annually

EEOC

Equal Opportunity Employer and Affirmative Action Employer for Protected Veterans and Individuals with Disabilities.