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Equity Office is an owner and operator of primarily Class A office
buildings in multiple markets across the country. The company is an
affiliate of the Blackstone Group, a premier global private equity firm.
This senior engineer position is part of the overall preventive
maintenance team for our portfolio of buildings in the Silicon Valley.
JOB SUMMARY:
Provide analytical support to corporate and regional teams charged with
maximizing property values and corporate earnings. Major
responsibilities include preparing the quarterly earnings forecasts
utilizing Dynalease software, reporting and validating all cash flow
assumptions utilized in the forecast, and providing variance
explanations between the current and previous forecasts. Position
requires ability to act as a project leader and provide guidance to
financial analyst(s).
ESSENTIAL JOB FUNCTIONS:
- Responsible for the preparation and maintenance of the consolidated
cash flow earnings forecasts and valuations for assigned regions. Responsible for identifying, understanding, and monitoring
significant property issues and assumptions that are critical to the
make up of our earnings forecasts and valuations.
- On a quarterly basis, reconcile the current cash flow forecast to
both the previous forecast and actual. Additionally, be able to
provide explanations for quarterly changes in property/regional
valuations.
- Prepare various lease analysis as requested.
- Perform financial management and disposition audits as needed.
- Attend all quarterly reforecast and strategy meetings to determine
that the Dyna models are current and understand why properties are not
meeting budgeted expectations.
- On an annual basis, update all Dynalease cash flow models with
property budgets. Budget updates include operating expenses, leasing
assumptions, and capital expenditures. Prepare and explain
reconciliation statements comparing budget to Dyna.
- Review and challenge budget vs. market assumptions.
- Act as team leader on assigned projects.
- Perform more complex analyses as requested by the field or senior
management.
- Review financial analysts' work to assure accuracy.
- Prepare quarterly reports.
- Be point person for questions during budget season.
- Perform special projects as assigned.
QUALIFICATIONS:
The ideal candidate should have an MBA degree in accounting or finance
with 5 years of commercial real estate financial analysis experience
including the ability to read and interpret lease agreements, and prior
experience with lease-by-lease analysis software required, familiarity
with DynaLease preferred. Knowledge of real estate fundamentals and
property management and leasing issues as well as a strong analysis and
research ability required. Candidate must also possess a thorough
knowledge of personal computers in addition to a thorough understanding
of financial concepts such as internal rate of return and net present
value. Excellent written and verbal communication skills necessary along
with the ability to work independently, handle multiple projects, meet
deadlines and be detail oriented.
LOCATION: San Mateo, California
SALARY: Commensurate with experience. Equity Office offers competitive salaries and a robust benefits program
which includes 401(k), comprehensive medical, dental and vision
insurance plans, educational assistance, flexible work arrangements and
more!
For immediate consideration, please apply online at www.equityoffice.com to job opening
321374.
Equity Office is committed to a diverse workforce. EOE M/F D/V |
