Senior Financial Analyst

Unibail-Rodamco-Westfield; Los Angeles (CA); On-site; USD 92,000 - 111,000; Full time

Job summary

Unibail-Rodamco-Westfield (URW) seeks a Senior Financial Analyst in Century City, CA to support the Capital Markets and Business Affairs groups. You will underwrite assets for debt financing, prepare quarterly debt reporting, and analyze property cash flows to inform loan origination decisions.

You'll collaborate with lenders, internal teams, and external counsel while developing models and dashboards to drive insightful analyses and robust financial planning.

Qualifications

• BA or BS in Accounting, Finance, or a related field.
• 4-5+ years of work experience with a focus on financial analysis.
• Advanced proficiency in PowerPoint and Excel, including financial modeling.
• Solid understanding of financial statement analysis and corporate finance concepts.
• Superior communication skills and strong work ethic.
• Ability to manage multiple projects in a fast-paced environment.

Responsibilities

• Underwrite assets for debt financing, developing understanding of valuation and performance.
• Coordinate and review financial reports, leasing data and due diligence for lenders.
• Provide economic lease analysis for new tenants and renewals.
• Ensure timely communication with internal and external parties.
• Prepare reports and presentations, telling a concise story with data.
• Develop and publish metrics to help other departments meet targets.
• Act as first point of contact for data requests and analytics.
• Develop and enhance models and reports to drive improvement.
• Review tenant financials to assess health for senior leadership.
• Understand bankruptcy proceedings to support mitigation and negotiations.

Skills

Financial analysis

Financial modeling

Excel

PowerPoint

Debt underwriting

Communication

Education

BA or BS in Accounting or Finance

Tools

Microsoft Excel

Microsoft PowerPoint

Job description

Do you want to help revolutionize a major industry? At Unibail-Rodamco-Westfield (URW), you’ll have the opportunity to impact the future of real estate by developing innovative and engaging places that reinvent being together. Come join a team that builds excitement about working at URW. You’ll get to work with leaders who are passionate about tackling changing consumer behavior with innovative experiences. All this bold vision means the company culture embraces evolution and change. We believe there is no "perfect" candidate and want to encourage applying even if all the requirements listed aren’t met. If you're passionate about URW and looking to learn and grow, then we look forward to reviewing your application!

We Are Currently Looking for a:

Senior Financial Analyst (Capital Markets & Business Affairs) - Century City, CA

What We Offer

The Senior Financial Analyst (SFA) role in the Capital Markets & Business Affairs group at URW is responsible for providing insights and day-to-day support to assist in critical company processes, such as performing asset underwriting for financing purposes, producing quarterly debt reporting and projection packages, tracking tenant bankruptcies and coordinating with internal teams on potential workout solutions with tenants, and providing support for the Treasury team’s cash management functions occasionally as may be needed.

The Capital Markets function supports debt financing transactions with third party brokers, banks, life companies, private equity and CMBS lenders. During a transaction period, the Capital Markets team engages with prospective lenders to originate a loan by marketing the asset, participating in the lender selection and approval process, managing lender due diligence, negotiating loan requirements and assisting with documentation preparation. The team also analyzes property cash flows and historical/projected performance to fully understand the asset strategy and to build financial models to assist in loan origination. The SFA role is the point person on the team for owning the underwriting model and serving as an intermediary between third parties and the company for due diligence materials requests and underwriting needs during the financing process. The team also produces quarterly debt reporting schedules and projections, such as an Outstanding Debt schedule, including Inter-Company Debt, Mortgages, Commercial Paper and Bonds, and an Interest Expense and Loan Principal Cash Flow Forecast by debt facility. In addition, the team performs a semi-annual mark-to-market analysis whereby the market value of US mortgage and bond debt is calculated for IFRS reporting standards.

The Business Affairs function is responsible for risk analysis related to potential tenant bankruptcy filings and for negotiations with tenants who file bankruptcy. The team is responsible for extracting the most value out of tenants who seek to reduce their rental obligations, while balancing the risk to the company. For certain lease workouts and bankruptcy cases, the SFA role participates in the development of case strategy and, in some cases, in negotiations directly with the tenant and/or tenant counsel. The team also produces a semi-annual report on tenant security risk and maintains a daily tenant bankruptcy risk tracking file.

On the Treasury side, the SFA will assist as needed with documenting internal and external debt transactions in the company’s debt-management software system, managing daily payment activity and preparing daily cash and liquidity reporting.

Scope

• Underwrite assets for debt financing, which requires developing an understanding of a given asset’s valuation, strategy and financial/operating performance.
• Coordinate, collect, compile, and review financial reports, leasing data and other due diligence materials for lenders, as well as lease damage/mitigation analysis for at-risk tenants.
• Review property level P&L, balance sheet and operational budgets and provide economic lease analysis for new tenants and lease renewals in terms of potential impact on forecasted property operating income.
• Ensure timely, accurate communication while upholding and fostering an outstanding relationship with internal and external parties.
• Prepare reports and presentations, telling a concise and compelling story with the data presented.
• Develop and publish metrics to enable other departments to meet targets.
• Act as the team’s first point of contact for data requests and analytics.
• Develop and enhance the team’s existing models and reports to continuously drive improvement.
• Review tenant financials and business documents to assess tenant health and credit worthiness for senior leadership.
• Develop an understanding of bankruptcy proceedings to effectively manage the process and highlight opportunities for proactive bankruptcy mitigation and negotiation improvement.
• Identify internal training opportunities and partner with leadership and other teams to develop metrics and provide training.
• Provide support to the Treasury team as required.
• Support special projects and ad-hoc analysis as assigned by the team.
• Additional reporting and analysis related to capital markets, business affairs and treasury functions as may be required.

What We Are Looking For

• BA or BS degree in Accounting, Finance, or a related field
• 4-5+ years of work experience with a focus on financial analysis, preferably in the commercial real estate industry
• Advanced proficiency in Microsoft PowerPoint and Excel, including the ability to build financial models using complex formulas and functions, as well as pivot tables and data tables
• Solid understanding of financial statement analysis, accounting, and corporate finance concepts
• Superior communication skills and strong work ethic
• Strong analytical, problem-solving, and quantitative skills coupled with the ability to take initiative, draw conclusions, and provide recommendations to senior leadership
• Highly detailed and results-oriented individual, who strives for continuous improvement
• Ability to prioritize and simultaneously work on several concurrent projects in a fast-paced environment with tight deadlines
• Experience working within a collaborative team environment, involving mentoring peers, and servicing both internal teams (accounting, finance, leasing, asset management, center operations, legal) and external parties (lenders, tenants, attorneys)

Compensation

• Exempt
• $92,000 - $111,000 per year + Discretionary Annual Bonus

What Is Important To Us

Unibail-Rodamco-Westfield (URW) is driven by an entrepreneurial foundation of talented and ambitious employees who embrace change, strive for innovation, and know when to venture into uncharted terrain. Teams within URW are collaborative and thrive by working together to seize opportunity and solve challenges. Employees receive mentorship and guidance while being empowered to drive their initiatives, embracing their individuality and unique backgrounds. URW‘s flagship destinations are interwoven into the community fabric, and we give employees the power to be impactful in their work and lead meaningful change in our communities through volunteering, DE&I programming and leading ESG efforts. URW is an innovator and trend setter in experiential entertainment and is making bold moves to be a brand that creates inspiring consumer experiences in-person and digitally. Breaking beyond conventional beliefs, URW is surprising and delighting customers by reinventing being together and creating memorable moments.

Our company purpose – to Reinvent Being Together – is about reimagining how individuals and communities come together, socialize, and enjoy dynamic experiences alongside one another in entirely new ways. We are at our best when we are TOGETHER safely and joyfully.

Unibail-Rodamco-Westfield is an equal opportunity employer that embraces diversity of backgrounds, perspectives, experience, and skills. We believe that diversity plays an important part in the success of our business, and we are committed to creating an environment which respects, values, celebrates and makes the most of people’s differences.

We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, and other legally protected characteristics.

Join us in Creating Sustainable Places That Reinvent Being Together.