Analyst/Sr. Analyst - FP&A

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/Senior Financial Analyst – FP&A will be responsible for performing a myriad of analytical duties associated with operating a ~8,000-unit portfolio of multifamily properties. The duties include preparing monthly financial reporting, assisting with the preparation of annual budgets and reforecasts, conducting site visits with asset managers, quarterly board materials, and ad hoc analysis and 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 Financial Analyst/Sr. Financial Analyst will play a key role to the financial success of LivCor by gathering information from multiple sources and departments and processing and relaying pertinent information to the asset management team to effect change on-site within assigned market(s).

• Perform detailed review of financial variance reports prepared by operating partners and utilize data mining to identify any operational or performance concerns and the underlying drivers. Proactively present findings to regional FP&A team.

• Play a key role in providing reporting in a timely and accurate manner to asset managers, executive 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.

• Support the asset management team in preparation of monthly performance reviews with leadership and other functional teams

• Execute LivCor’s annual budgeting and forecasting processes in conjunction with various functional groups (asset management, revenue management, strategic initiatives, marketing and operating partners).

• Develop proficiency of the methodology and sourcing of data from various research and industry data publications including the RealPage suite of products (YieldStar, Performance Analytics, Investment Analytics, Axiometrics/MPF), Green Street, Real Capital Analytics, Bureau of Labor Statistics, 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.
• Perform special ad hoc projects and analysis on a frequent basis.

What you should have:

• Bachelor’s degree in business, finance, or accounting.
• A minimum of two (2) years (analyst level) and four (4) years (sr. analyst level) work experience in the accounting, finance and/or commercial real estate fields. Preferred experience may include asset management, operations, acquisitions, and due diligence. Analyst vs. Sr. Analyst title will be determined based on relevant experience.
• Prior experience with real estate budgeting/forecasting processes and systems.

• Strong work ethic: strength to thrive in a dynamic and demanding work environment, ability to meet critical deadlines, capable of critical self-reflection and honest assessment of performance, desire to learn and continued self-improvement, motivated by desire to achieve excellence.
• 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.

• Basic understanding of accounting (general ledger, trial balance, and capital policy) is a plus

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.

LivCor is proud to be a US EPA ENERGY STAR® Partner

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.