Financial Analyst

Fairstead is seeking a Financial Analyst to support the General Manager and VP of Operations, providing analysis and insights, and contributing to the portfolio's overall financial health. The Finance Analyst will work closely with various departments to assess financial performance, identify trends, and make recommendations for improvements. The Financial Analyst provides financial advice that will allow them to make the best business decisions for the portfolio.

Responsibilities:

• Develop and maintain financial models to support budgeting, forecasting, and long-term strategic planning.
• Analyze and interpret financial data, providing insights into KPIs and variances from budget.
• Prepare daily, weekly, and monthly financial reports, and create ad-hoc reports to address specific financial questions or concerns raised by leadership and stakeholders.
• Providing insights, conducting what-if analysis, and predicting trends to leadership.
• Track and analyze industry trends, competitor performance, and economic factors that may impact the company's financial position.
• Collaborate with various departments to develop annual budgets and forecasts.
• Monitor budget performance and provide analysis with explanations for deviations.
• Create presentations and recommend strategies to leadership on a variety of business decisions.
• Develop strategies to identify and mitigate risk, and capitalize on opportunities.
• Work closely with Community Managers, Regional Managers, Finance, and IT teams on multiple projects.

Compensation and Benefits:

• $70,000-$85,000 + bonus eligibility
• Generous employer contribution for Medical and Dental through United Healthcare.
• Employer Paid Vision Plans.
• Company Matched 401(k) Retirement Plan: 100% of the first 3%; 50% of the next 2%.
• 13+ paid Holidays.
• 15 days of PTO.
• 7 Sick days.
• Employer Paid Life Insurance.
• Flexible Spending Account.
• Nationwide Pet Insurance.
• Disability Insurance.
• Laser Correction Discount.
• Employee Discounts on appliances, apparel, and more.

Requirements

• Bachelor's degree in Finance, Accounting, Business, or related field Master's Degree preferred.
• 3-5 Years of Property Management experience (Affordable Housing preferred).
• Excellent knowledge of financial principles, practices, and regulations.
• Strong analytical and quantitative skills.
• Extensive financial planning and analysis experience.
• Expert level Excel skills Yardi experience preferred.
• Good communication skills-both written and verbal detail orientated.
• Ability to meet tight deadlines.

Overview:

Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. Headquartered in New York, with offices in Colorado, Florida, Maryland, and South Carolina, Fairstead oversees a $7.8 billion portfolio in assets and identified pipelines and owns and manages more than 170 communities across 28 states. Fairstead's commitment to communities is realized through a comprehensive platform that leverages in-house expertise in acquisitions, development, design and construction, marketing, and property management. Fairstead also implements some of the industry's most proactive sustainability, resiliency, and community impact programs to foster positive social, economic, and environmental change. In 2022, the company launched Fairstead Ventures, a proptech investment initiative dedicated to fundamentally changing the standards in the housing industry with a focus on energy and decarbonization.

Fairstead's primary mission is to provide high-quality housing to all regardless of income, and to make our stakeholders feel "Right at Home." We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator. Fairstead provides hands-on expertise across all multifamily disciplines, including acquisitions, development, design, construction, energy, sustainability, property management, and social services. With a long-term commitment to its residents, communities, and partners, the Fairstead team stands out by:

• Listening to and understanding the needs of its residents, communities, partners, and stakeholders alike.
• Developing and preserving high-quality affordable housing in an innovative and sustainable fashion.
• Creating a positive social and environmental impact within the properties and communities it serves.

Fairstead's Core Values:

• Empathy
• Innovation
• Entrepreneurship
• Determination
• Integrity

Salary Description

$70,000-$85,000