Description
ECI Group is seeking a highly analytical and data-driven Sr. Asset Management Analyst to lead the review, analysis, and performance monitoring of our multifamily portfolio. Reporting to the VP, Asset Management, the Sr. Asset Management Analyst will assess portfolio performance, identify key trends, and make strategic recommendations to enhance asset performance. This position requires a strategic mindset with the ability to work cross-functionally with teams across development, acquisitions, accounting/finance, property management, and HR/Admin/IT to align on performance metrics and drive portfolio optimization.
About Us
ECI Group has been building communities and enriching lives for over 50 years by developing, building, investing in, and operating multifamily housing throughout the Southeast. While ECI is proud of its history, we are even more excited about our future. We are privately owned and fully integrated – developing, constructing, and managing our properties. ECI Group owns and operates approximately 7,000 + units, with more communities in active development. At ECI, we are guided by our core values, the heart of which is working as One Team, Better Together.
What’s In It for You?
In addition to competitive pay, ECI’s robust benefits package includes:
- Bonus potential
- 20% rental discount at ECI properties
- Health, dental, vision, and short and long-term disability insurance
- Paid time off and company holidays
- 401k plus 4% company match
- Wellness plans, flexible spending accounts, and dependent care
- Participation in professional development programming
What You’ll Do
- Oversee the review and analysis of a multifamily portfolio, ensuring performance is aligned with budget and investment proforma. Analyze financial statements, leasing reports, market data, and operating reports, providing actionable insights for senior leadership.
- Prepare and present comprehensive performance reports for investment principals, debt, and equity partners. Highlight key trends, risks, and opportunities to drive portfolio optimization and support business strategies.
- Assist in the development and review of annual capital and operating budgets. Provide in-depth analysis of budget variances and forecast asset performance relative to debt/equity hurdles and underwritten return parameters.
- Work closely with asset managers, development, acquisitions, property management, and finance teams to ensure alignment on strategic initiatives, capital projects, and performance goals.
- Conduct detailed research on market, economic, and capital trends impacting portfolio performance. Use findings to drive strategic recommendations for portfolio optimization and help guide investment strategies.
- Support the monitoring of capital project progress to ensure that projects are completed on-time and within budget.
- Assess the effectiveness of capital expenditures and ROI on portfolio-wide initiatives.
- Analyze and assess the effectiveness of revenue-enhancing and expense-reducing initiatives across the portfolio. Identify areas for improvement and support the implementation of best practices and processes.
- Ensure accuracy and consistency of portfolio data, collaborating with internal teams to maintain up-to-date, reliable financial and operational information.
- Provide mentorship and guidance to asset management analysts, fostering their development while ensuring the quality and consistency of their analytical outputs.
- Perform ad-hoc analysis and assist with special projects as assigned, including preparing detailed reports and presentations for senior leadership.
- Senior Asset Management Analysts work in an office environment but conduct physical inspections of both the interior and exterior of apartment communities on a regular basis.
Requirements
What You’ll Need
- Bachelor’s degree in real estate, finance, business or related field.
- 3+ years experience in real estate analytics
- Experience preparing, reviewing and approving budgets; understanding of generally accepted accounting principles (GAAP) to analyze financial information, and prepare monthly financial reports for internal and external stakeholders.
- Willingness and ability to travel up to 25% to participate in meetings, make onsite visits and perform site tours.
- Prepare and explain financial data to business leaders and managers, team members, clients, investors, executives, and other stakeholders.
- Demonstrated high level proficiency in Excel, including advanced functions and data analysis (e.g., pivot tables, complex formulas).
- Experience in a hands-on, entrepreneurial real estate investment organization that has a very heavy “asset-centric” acquisitions and asset management culture.
- Demonstrated experience analyzing financial data and preparing reports in accordance with accounting, finance, budgeting and cost control principles.
- Ability to work with IRR/Waterfall, tax administration, general accounting and lender activities.
ECI Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.