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    Financial Planning - Irvine, United States - Avanath

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    Description

    Job Description

    Job Description

    Overview

    Avanath is a real estate private equity firm focused on the preservation of affordable housing across the United States. Avanath owns and manages over 15,000 apartment units totaling $4.0 Billion of assets under management across three investment funds. Avanath manages the investment of large institutional pension funds, retirement systems, endowments, etc.

    The Role

    At Avanath, we believe that great things happen when talent and opportunity cross paths. We empower our employees to be successful by promoting diversity and teamwork within a positive, rewarding atmosphere.

    We are seeking an intelligent, self-starter that is detail-oriented and eager to help improve the financial planning & analysis ("FP&A") processes. The FP&A Analyst position will be responsible for preparing quantitative and qualitative analysis to support the strategic objectives of Avanath's properties, funds, and management companies. This position will report to the Vice President of FP&A.

    Qualifications

    • Bachelor's degree in finance, accounting, or related field.
    • 0-2 years previous financial analysis experience.
    • Knowledge of financial return metrics such as IRR, MOIC, cash-on-cash yields, etc.
    • Proficient with Microsoft Office: Excel, Word, & PowerPoint.
    • Experience with Yardi, CoStar, or comparable software (preferred).
    • Strong interpersonal skills as well as strong verbal and written communication skills required.
    • Ability to interact effectively with senior executives, business vendors, community partners, and investor contacts as needed.
    • Ability to work well under time and other constraints.
    • Proof of Covid-19 vaccination is required to be employed by Avanath.

    Key Accountabilities

    • Coordinate and collaborate with other departments such as Asset Management, Acquisitions (Investments Team), Property Management, Finance & Accounting, and Applications/Systems to understand business objectives, validate the quality and completeness of data analyzed, and communicate the results.
    • Maintain and develop reporting related to property management key performance indicators (KPIs)
    • Maintain excel models that serve as the primary source of property-level, investment-level, and fund-level financial projections.
    • Assist in the management of the quarterly and annual property valuation process from engagement to valuation committee meeting, including monitoring metrics in between.
    • Participate in the budget and forecasting process by assisting with the formulation and collection of key assumptions, preparing asset-level budgets, and analyzing results.
    • Analyze and help explain variances between actual results and budget/underwriting.
    • Performing other related duties as assigned.

    Physical Demands & Working Conditions

    • The incumbent in this is classified as essential staff and is expected to report to work and adhere to all safety and business protocols.
    • This position is based out of our Irvine office.
    • Frequent sitting and walking.
    • Occasional travel to other business offices and events via airline, trains, and automobiles
    • Repetitive use of computer, keyboard, mouse, and phone
    • Reading, comprehending, writing, performing calculations, communicating verbally.
    • May work in an elevated site, may walk on uneven ground.
    • Occasional squatting, bending neck/waist, twisting neck/waist, pushing, and pulling.

    How Avanath Supports You

    We know that our teams are the heart of our success and growth, and we are committed to showing our appreciation.

    We offer:

    • Culture Built on Purpose and Core Values - a Commitment to Integrity, a Spirit of Caring, and a Focus on Continuous Improvement.
    • Comprehensive Benefits – health, dental & vision, 401(k), personal time off, paid holidays and more
    • Growth is based on achievement and an emphasis on promoting from within our ranks versus just external candidates.
    • Development – a commitment to creating opportunities to learn and expand your knowledge in the industry from online training platforms to training classes to one-on-one coaching.

    Diversity & Inclusion

    Avanath Capital is committed to fostering, cultivating, and preserving a culture of diversity, equity, and inclusion.

    Our human capital is the most valuable asset we have, and Diversity, equity, and inclusion ("DEI") are at the very core of Avanath's operating and investment philosophy. We believe that bringing together people with diverse thoughts, backgrounds, talents, and experiences at all levels of our organization, including the executive team, enables us to proactively and creatively achieve our mission to enable opportunities for hard-working American families. The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities, and talent that our employees invest in their work represents a significant part our culture, our reputation, and our achievements.

    We embrace and encourage our employees' differences in age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other characteristics that make our employees unique.

    Our organization's diversity initiatives include—but are not limited to—our practices and policies on recruitment and selection; compensation and benefits; professional development and training; promotions; transfers; and the ongoing development of a work environment built on the premise of gender and diversity equity that encourages and enforces:

    • Respectful communication and cooperation between all employees.
    • Teamwork and employee participation, permitting the representation of all groups and employee perspectives.
    • Work/life balance through flexible work schedules to accommodate employees' varying needs.
    • Employer and employee contributions to the communities we serve to promote a greater understanding and respect for diversity.

    Compensation Range

    Compensation Range$65,000—$70,000 USD


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