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FirstService Residential · 1 day ago

Financial Analyst

Hoffman Estates, IL

Full-time

Hybrid

Entry, Mid Level

$55K/yr - $65K/yr

2+ years exp

FirstService Residential is seeking a Financial Analyst to prepare special assessments and loan analyses for clients. The role involves working closely with the Community Management team to provide financial options for capital projects and coordinating with FirstService Financial to secure loans.

Property ManagementReal Estate

Responsibilities

Prepare a five-to-fifteen-year Cash Flow analysis for individual properties with financial options to cover the cost of major capital projects and unanticipated capital expenses

Review current contributions to reserve accounts, existing loan structures, and other income to calculate the prepare the cash flow analysis

Analyze the cash flow analysis and guide the Board of Directors and Community Association Managers on the optimal solution to fund capital projects for that property

Attend Board meetings and present the analysis to the Board of Directors and homeowners

Communicate with FirstService Financial to coordinate with lenders and submit any loan documentation that may be required

Provide Community Association managers a summary outlining covenant ratios and requirements per the loan and reporting to the bank

Guide Property Managers through the special assessment process and prepare new special assessments for processing

Provide guidance, direction, and input to property accountants

Qualification

Financial analysisAccountingProperty managementReal estateMulti-taskingCommunication skillsGrowth mindset

Required

Bachelor's degree or higher in Accounting or Finance or equivalent combination of education and two years' experience

Works effectively with coworkers, clients, customers, and others by sharing ideas in a constructive and positive manner; addresses problems and issues constructively to find mutually acceptable and practical business solutions

Must possess a growth mindset and an ability to multi-task/prioritize different projects at any given time

Ability to work with sensitive or confidential information

Superior oral and written communication skills