Job Description

Job Location Keener Services LLC - Houston, TX 77002

Reports To: Chief Financial Officer

The Financial Analyst position is responsible for leading, managing & executing on a broad range of asset and investment related activities. Your role is to monitor and report on investment and property performance and partner in the creation of long-term management strategies that increase the value of our assets. Our growing portfolio includes a specific approach to quality, desirable apartment homes in support of workforce housing, and new construction. All these pieces come together to make an impact in the communities we serve.

You will be responsible for monitoring both financial and operational metrics to drive consistent performance of owned and managed assets, facilitating growth & consistent positive investment returns and asset value through the execution of exceptional management, service and capital improvement programs. Working closely with senior leadership, property management, construction management, investors and partners, you are expected to develop strong working relationships, credibility and confidence with each group.

WAGE/HOUR STATUS

Salary / Exempt (ineligible for overtime)

DUTIES AND RESPONSIBILITIES

• Analyze financial performance metrics, including occupancy rates, rental income, operating expenses, and capital expenditure trends.
• Develop and implement strategies to protect and increase shareholder value.
• Prepare comprehensive reports and presentations to communicate key findings and recommendations to senior leadership.
• Conduct market research to identify trends and opportunities for portfolio expansion.
• Stay current on industry best practices and regulatory changes.
• Have an in-depth understanding of competitors within our target markets. Utilize this knowledge to drive performance of the properties within the assigned portfolio.
• Conduct regular property visits to ensure compliance with business plan, industry best practices, and to assess the general operational and capital needs of the property.
• Review and gain understanding of legal documents such as loan agreements, guarantees, and promissory notes, and coordinate with the borrower and respective staff to ensure the loans remain in compliance.
• Perform financial analysis of properties including operating statements, budget variance review, loan administration, lease analysis, and any other relevant reporting or documentation.
• Work closely with internal and external property management teams to review, approve, build and manage capital expenditures budgets for assets
• Stay abreast of business and market trends and provide recommendations for expense savings and income opportunities.
• Research and recommend innovative strategies and technologies that can drive performance and value to the portfolio.
• Work with joint venture partners, construction management, property management and accounting teams to ensure effective management of lender / construction draws, reserves and lender holdbacks within the assigned portfolio.
• Assess performance of the assets relative to original underwriting strategies or business plans and industry benchmarks. Analyze data and present actionable recommendations to senior leadership on a monthly and quarterly basis, driving performance relative to the original underwriting strategies or business plans.
• Provide accurate, thorough and well-articulated timely investor reporting each month
• Maintain business relationships with general partners/developers, management agents, lenders, contractors, and third-party consultants as it relates to the flow of relevant and timely asset-related communication

Qualifications

KNOWLEDGE AND ABILITIES

• Strong understanding of financial metrics and discounted cash flow analysis
• Fluent in basics of valuation methods generally taught in finance coursework at major institutions
• Strong communication, presentation, and interpersonal skills
• Advance proficiency in Excel, including building models, macros, and data analysis is preferred.
• Strong analytical mind, sound judgement, and exceptional attention to detail
• Self-starter able to work effectively in a small team and contribute beyond direct responsibility
• Experience managing value-add or stabilized multifamily portfolios

REQUIRED EDUCATION AND TRAINING

• Bachelor’s degree in business administration with concentration in finance or accounting
• 2+ years’ experience in multifamily asset management, property management, or real estate finance

TRAINING, CERTIFICATION AND ASSOCIATION MEMBERSHIPS

• MBA, CPA, and other licenses, certifications, or degrees are valued but not required

PHYSICAL REQUIREMENTS

• Stand and walk or sit alternatively depending on specific needs of the day. Estimate 20% of time spent on feet and 80% sitting at desk.

• Constant need (66% to 100% of time) to perform the following physical activities:

Writing/Typing Composing correspondence, spreadsheets

Grasping/Turning Telephone, doorknob use

Finger Dexterity Operation of office equipment

• Lifting/Carrying (paperwork, deliveries, files, miscellaneous

Over 25 pounds Rarely need (less than 1% of the time)

20 – 25 pounds Occasional Need (1% to 33% of the time)

Less than 20 pounds Frequent need (33% to 66% of the time)

Under 10 pounds Constant need (66% to 100% of the time)

VISION REQUIREMENTS

• Constant need(66% to 100% of the time) to complete forms, read and review reports and a wide variety of correspondence, view computer screen. Frequently need to see small details.

HEARING REQUIREMENTS

• Constant need (66% to 100% of the time) to communicate over telephone and in person with property owners, corporate and resident management, vendors, and residents.

SPEAKING REQUIREMENTS

• Must be able to comprehend, speak, and write the English language.
• Constant need (66% to 100% of the time) to communicate over telephone and in person.

DRIVING REQUIREMENTS

• Occasional need (10% to 15% of the time) to utilize personal transportation to inspect apartments, property, and surrounding neighborhood, and to make trips to the bank and visit the corporate office.
• Must have a valid driver's license and automobile insurance.

WORKING ENVIRONMENT

• Indoors (100% of the time).
• Must be able to work in a fast-paced and customer service-oriented environment.
• Performs duties under pressure and meets deadlines in a timely manner.
• Works as part of a team, as well as complete assignments independently.
• Takes instructions from Senior Accountant, COO, CFO, CEO and President.
• Exercises strong analytical, organizational, and time management skills.
• Able to resolve conflicts in a professional manner.
• Interact with co-workers and on-site teams, and clients in a professional pleasant manner.

REASONING DEVELOPMENT

• HIGH. Must be able to apply principles of logical thinking to define problems, collect pertinent data, establish facts, draw valid conclusions, and initiate appropriate course of action. Must effectively convey ideas, images, and goals to a diverse group of personalities.

SAFETY RESPONSIBILITIES

• Learns and complies with all company safety rules.
• Immediately reports all unsafe conditions to Human Resources.

ADDITIONAL REQUIREMENTS

• Employees must fulfill the performance standards of this position and comply with policies, rules, and procedures of the company, including those set out in the Keener Employee Handbook, or otherwise communicated (verbally or in writing) to employees.
• This job description is intended to describe the general nature and work responsibilities of the position. This job description and the duties of this position are subject to change, modification, and addition as deemed necessary by the company. Employees are required to comply with supervisory instructions and perform other job duties, responsibilities and assignments requested by the CEO, COO, CFO, and President.
• Follow the Company’s confidentiality policy and ensure that the operations, activities and business affairs of the Company and clients are kept confidential. You are expected to respect and maintain the confidentiality of medical information of other employees.
• May be required to assist in special projects or activities designated by company. This may include, but not be limited to property acquisition/disposition, serving on or participating in company sponsored or sanctioned committees, organizations, functions, etc.