Real Estate Asset Management Analyst

  • Eaton Vance
  • Boston, MA, USA
  • Nov 18, 2020
Full time Real Estate

Job Description

By joining Eaton Vance, you'll become part of a company that has one of the best employee retention rates in the financial services industry. We offer competitive salaries, generous benefits, and tremendous opportunities for growth and development. If you do not see a position that fits your career objectives, please return to this site in the future as our hiring needs will change. We look forward to your becoming a part of our continued success!

Basic Purpose

The successful candidate will be a key member of REIG's Asset Management team and perform a variety of financial functions, including; forecasting, leasing/investment analysis, budget preparation, and the completion of ad-hoc reports. Working closely with the Director of Asset Management and five Asset Managers, the analyst will provide analytical support to the entire REIG team in the oversight of the performance of the overall portfolio.

REIG oversees 100+ properties located across the U.S. with an aggregate value in excess of $5 billion. The majority of the portfolio is comprised of multi-family properties, with the remainder including office, industrial, retail and ground lease investments. The analyst will be responsible for the preparation and validation of monthly and quarterly financial reports, annual budgets, and cash flow modeling.

Primary Responsibilities

  • Support the monitoring and management of investments from initial close through disposition.
  • Assist in the preparation of business plans, cash flow projections, monthly/quarterly reporting, and oversight of capital plan and business plan execution.
  • Develop and maintain comprehensive reporting packages to assist in monitoring performance in all critical areas: revenues, expenses, leasing, occupancy, etc.
  • Prepare and maintain files for each property that provides information on buildings, contracts, property insurance, and other operational data.
  • Support group activities including research projects, new supply/competition reports, potential dispositions, expense analysis, and budget vs. actual comparisons.
  • Roll up property, market, and fund level performance, as required.
  • Assist with quarterly internal valuation calculations and ensure consistency in format and methodology.
  • Utilize asset management systems to develop analytical tools, including refining reports from researched material and/or data collected to evaluate and report on the primary characteristics of the portfolio.
  • Assist property tax tracking for the portfolio including; assessments, litigation and appeals. Implement processes to improve tracking and ensure best outcomes for appeals.
  • Research market conditions and present to REIG to ensure the group is current on key trends.
  • Opportunity to obtain responsibility for day-to-day oversight of property processes/performance to gain critical Asset Management experience.

Job Requirements

  • Bachelor's degree or higher in Finance, Accounting, Business Real Estate or a similar field.
  • 2 - 5 years of experience in a financial analyst role or similar professional experience within the commercial real estate industry.
  • Strong analytical skills with the ability to create financial reports and analysis.
  • Willing to travel periodically to tour properties
  • Systems-oriented with proficient knowledge of Microsoft Office Suite and the ability to work with database systems.
  • Working knowledge/strength in Argus, Yardi and Excel modeling preferred.
  • Ability to think strategically and to provide thoughtful, detailed analysis.
  • Strong organizational skills with the ability to manage multiple projects.
  • Excellent verbal, written and interpersonal communication skills and the ability to interact with a broad constituency.

This policy applies to Eaton Vance Corp. and all subsidiary companies (the "Company").

The Company is an equal opportunity employer and is committed to providing a work environment that is free of discrimination and harassment. It does not discriminate against applicants or employees with respect to any terms or conditions of employment on account of race, color, religion, creed, national origin, ancestry, sex, sexual orientation, age, pregnancy, parenthood, physical or mental disability (actual or perceived), medical condition including genetic characteristics, marital status, citizenship status, military service, gender, gender identity or expression, registered domestic partner status, domestic violence victim status, status with regard to public assistance, or any other characteristic protected by applicable federal, state or local laws. Eaton Vance also prohibits discrimination based on the perception that a person has any of those characteristics or is associated with a person who has or is perceived as having any of those characteristics. This commitment applies to all persons involved in the operations of the Company, and prohibits unlawful discrimination by any employee of the Company, including supervisors and co-workers. All employment decisions shall be consistent with the principles of equal employment opportunity.

The information on this Web site is for U.S. residents only. The information on this Web site does not constitute an offer to sell, or a solicitation of an offer to purchase, securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Eaton Vance does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. © Eaton Vance Management. All rights reserved. Two International Place, Boston, MA 02110