Financial Analyst - Joint Venture Managed (entry level)

LivCor a Blackstone portfolio company, is a real estate asset management business specializing in multi-family housing. Formed in 2013 and headquartered in Chicago, LivCor is currently responsible for a portfolio of over 300 Class A and B properties comprising more than 100,000 units in markets across the United States.

Our business is focused on making real estate more valuable. But for us, it’s more than that. It’s people first, community always. It’s a life-filled career, not just a career-filled life. It’s doing good work, with good humans, and making a difference. It’s excellence in all its forms. Ultimately, we create great places to work, live, and grow. We do that by focusing on leaving people – and places – better than we found them.

Whew! Still with us? Cool. Let’s talk about where you’d fit in:

The Financial Analyst will join the Joint Venture (JV) - Managed FP&A team comprised of financial professionals responsible for performing a myriad of analytical duties associated with operating a multifamily portfolio with 25,000 units and growing. The duties include preparing quarterly board materials, monthly financial analysis & variance reporting, assisting with the consolidation of annual budgets and quarterly reforecasts, maintaining financial models, onboarding new acquisitions, and ad hoc analysis & reporting.

Only read further if you are:

• Kind
• Humble
• Honest
• Relentless
• Smart with Heart

You should be:

• Authentic. You do you. Together, we’ll do something amazing.
• A passionate person with a love for real estate and investing; and believes that helping others win is a noble cause, essential to our success.
• An excellent team player who enjoys working with others and has strong interpersonal skills.
• Highly motivated, energetic, and organized
• Gumby. Things change.

What you will do:

The ideal candidate will convey a passion/curiosity for real estate investment & financial analysis, constantly work to identify, scale, and automate repetitive functions, be coachable, and have a strong desire to learn and grow in the field. Preferably we’re looking for a candidate with at least 1 year of FP&A experience and the desire to break into the multi-family industry. You bring your analytical skills; we can teach you real estate.

• Provide reporting in a timely and accurate manner to LivCor executive leadership, Blackstone leadership, and other key stakeholders as may be determined.
• Complete “deep-dive” property assessment reports for at-risk assets not meeting Budget and/or operational expectations.
• Communicate analyses to key stakeholders within LivCor so that informed key strategic decisions may be made.
• Analyze monthly financials for opportunities to re-class certain costs below NOI and make action-oriented conclusions to improve financial and operational results.
• Assist in consolidation of JV Partner’s annual budgeting and forecasting processes.
• Retrieve and analyze financial and operational data from Essbase/PBCS and Property Management Systems used by JV Partners (example: Yardi, YieldStar, OneSite, etc.)
• Develop subject matter expertise in whichever markets and submarkets are assigned including but not limited to job growth, supply growth, permits, absorption, rent growth and occupancy
• Develop productive working relationship with JV Partners and other key stakeholders.
• Perform special ad hoc projects and analysis on a frequent basis.

What you should have:

• Bachelor’s degree in economics, finance, real estate, STEM or accounting
• Early in career analyst with at least 1 year of FP&A analyst experience and desire to learn real estate
• Ability to demonstrate analytical acumen
• Strong work ethic: strength to thrive in a dynamic and demanding work environment, ability to meet critical deadlines, desire to learn and continued self-improvement, motivated by desire to achieve excellence
• Proficiency with Excel and PowerPoint: efficient database sourcing, utilization of standard Excel functions (sum-if’s, v/h-lookup, index/match, indirect, pivot tables, data tables, filters) to aggregate and summarize data, creation of graphs in proper context of data presented, use of best practices for insuring data integrity, design of executive/board level presentation quality outputs
• Basic understanding of accounting (GLs, TBs, and capital policy) is a plus
• Excellent oral and written communication skills, self-confidence to lead a meeting and discuss financial results with executive leadership team or Blackstone asset management team

What we offer:

We know that if we take care of our team everything else will fall into place. We aren’t perfect, but we will try to set very clear expectations, always let you know where you stand, and do everything in our power to help you get where you want to go.

Our culture and values matter to us. A lot. We’re definitely not serious but we take this stuff seriously, if you get what we mean. We want a place that is an ego-free zone. A place where good people do good things together. It shouldn’t be rocket science in workplaces, but for some reason it still is? We’re absolutely determined to be different, and we think we’re doing a pretty good job at it. We have a CEO who makes fun of himself, and who will encourage you to tell him when he is wrong. In fact, he needs people to – we all do. Supportive challenge is good, it’s how we get better. We like getting better. We also love diversity, of all kinds. We need people who look, sound, speak, love, and exist differently from one another. This isn’t at the end of this paragraph because it’s an afterthought. It’s SO important to us we want it to stand out.

Right. On to the technical stuff that we know matters to you. We offer competitive pay that is commensurate with the market and relevant experience, and a full slate of benefits that even includes things like paid parental leave.

If any of this sounds interesting, then maybe we are a fit. Life is too short to work with people you don’t like. So whatever you do, don’t make that mistake.

The LivCorian Values

1. Be you. Be Real. Be Open. You do you. Together, we will do something amazing.
2. Care, Always. We don’t want to let anyone down.
3. Courageously Curious. We love to learn, even when it hurts.
4. Help Others Win, Be A Good Neighbor. This is about ‘We, not Me.’
5. Relentless Hustle, Heart & Humility. Work hard. Be Kind. Make Better.

A few of the people you will work with:

• Aileen Chen
• Michael Coia
• Abby Warneke
• John Schmitz

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email us.