careers

Company

Associate/Senior Financial Analyst

Beverly Hills, CA | San Diego, CA

CIRE Equity is an entrepreneurial company focused on the creation and preservation of wealth through targeted investments in commercial real estate in the Western United States.

We are passionate about real estate, dedicated to hard work and strive for excellence in everything that we do. We aim to create an environment that encourages our employees to work hard, think creatively and excel. We value performance based on results and quality of work rather than hours put in behind a desk or tenure. We are seeking likeminded individuals who share our attention to detail and passion for excellence to join our growing team.

POSITION

Associate/Senior Financial Analyst

LOCATION

CIRE Equity – Beverly Hills, CA

FULL-TIME/PART-TIME

Full-Time

DESCRIPTION

CIRE Equity is seeking an Associate/Senior Financial Analyst who will be responsible for all financial analysis needed to support its Acquisitions and Asset Management teams. This individual will communicate directly with the executive team and be relied on to cover a wide swath of responsibilities ranging from financial modeling for new acquisitions to performance tracking and scenario analysis for existing portfolio assets. The position involves a high level of complexity with regard to financial modeling, financial analysis and the interpretation of agreements, including leases, CC&R’s and operating agreements, for the purpose of application to financial analysis and modeling. An ideal candidate will be proactive, will possess a strong attention to detail without compromising efficiency, and will be able to independently tackle and resolve complex issues in our fast-paced, ever changing environment.

RESPONSIBILITIES:

Work closely with the Acquisitions team to perform ad-hoc financial analyses of prospective deals prior to offer submittal.
Create detailed financial models for new acquisitions under contract, including detailed cash flow pro forma and syndication waterfalls.
Assist in all aspects of the due diligence process for new acquisitions, including the review of leases and estoppels, review of CC&R’s, reconciliation of historical financial statements to pro forma, and reconciliation and analysis of operating expense reimbursements to ensure accurate underwriting of the deal and to identify opportunities to unlock value post-acquisition.
Establish financial templates and abstract unique financial circumstances on new deals for use by the Asset Management team to ensure a smooth on-boarding of acquisitions.
Establish CAM reconciliation templates for new acquisitions, maintain CAM reconciliation templates for portfolio assets, and work with Asset Management and Accounting departments to ensure accurate implementation.
Track the financial performance of the existing portfolio on a quarterly basis and maintain a global return tracking spreadsheet.
Provide analytical assistance to support asset managers with leasing, capital expenditure and disposition decisions.
Work with executive team to perform various strategic valuation and stress test analyses on existing portfolio assets.
Participate in the creation and optimization of departmental processes and procedures.

MANAGEMENT EXPECTATIONS

Maintain a high level of accuracy in underwriting of acquisitions through attention to detail and a thorough review of due diligence materials.
Identify opportunities to enhance the revenue of new deals where existing agreements, such as leases and CC&R’s have been improperly implemented.
Efficiently and accurately perform complex, ad-hoc financial analyses, distill key indicators and present clear and concise summaries.
Proactively monitor the performance of all assets under management relative to pro forma and present findings to the executive team.

COMPETENCIES

Self-motivated, inquisitive and passionate.
Strong interpersonal and communication skills.
Highly analytical.
Able to solve problems and deal with a variety of variables in unique situations where only limited standardization exists.
Detail oriented and able to maintain a high quality of work under pressure.
Excellent grasp of real estate financial statements including profit and loss statements, balance sheets and cash flow statements.
Highly proficient in real estate finance with ability to analyze and model the full scope of a real estate transaction, including syndication waterfalls.
Ability to read and interpret legal documents such as commercial leases, CC&R’s, listing agreements, management agreements, loan agreements and service contracts.
Ability to write clear, professional reports and correspondence.
Highly proficient in Microsoft Excel and Argus Valuation. MRI experience is a plus.

POSITION REQUIREMENTS

Bachelor's degree required; preferred concentration in business or finance.
2+ years of experience as a commercial (retail, industrial, office) real estate analyst.