Financial Analyst

FINANCIAL ANALYST -CSI SUPPORT & DEVELOPMENT SERVICES

VOTED A DETROIT FREE PRESS TOP WORKPLACE multiple years is a great reason to consider joining our workforce, but excellent benefits coupled with flexible hours will entice you to seal the deal! 

CSI Support & Development Services is a mission-driven nonprofit providing affordable rental communities for seniors.  The largest non-profit developer and manager of cooperatively managed affordable senior housing in the country; CSI has over 6,500 units in 61 properties located in California, Maryland, Massachusetts and Michigan.  Since 1965, CSI has devoted itself to continually improving the quality of its communities, as reflected in its high standards and award-winning developments, while maintaining honest, ethical business practices. Headquartered in Warren, Michigan, CSI has been honored as one of the Top Workplaces in Metro Detroit for several years by the Detroit Free Press. CSI is an Equal Opportunity Employer.

Benefits

• Health insurance (no employee contribution on single coverage selection) or may waive for extra vacation days or extra money minus required taxes per 6-month waiver period;
• Dental insurance (no employee contribution whether single coverage or family);
• Optical benefits;
• 401k with competitive matching, annual retirement contribution on qualifying payroll;
• Start your first year with 3 weeks of vacation plus 10 days of sick time plus 12 nationally recognized holidays!

Summary Description 

CSI’s Financial Analyst assists the National Finance & Development Manager and Finance Manager in implementing CSI’s development and preservation efforts in all regions.  The Financial Analyst analyzes and assesses the financial health of all CSI properties, prepares financial models for new development projects and refinancing/renovation opportunities for existing CSI properties.  This position will work closely with all members of the CSI Development, Management, and Facilities teams on refinancing, renovation and new developments.

Responsibilities

• Analyze & assess financial information of the CSI portfolio of properties.
• Coordinate with all levels of management to develop strategies to improve the financial health of the CSI portfolio of properties.
• Interpret and apply corporate financial policies, governmental legislation, and accounting theory.
• Provide project financial feasibility analysis for new development opportunities and refinancing/renovation opportunities.
• Prepare detailed and accurate financial forecasts using LIHTC, HUD, and other state and federal funding.
• Oversee and financially manage projects from initial close through construction and final close.
• Secure debt and equity financing for each of the projects, negotiate financing documents and close project financing.
• Work very closely with existing CSI staff during all project phases.

Knowledge, Skills & Abilities

• Experience in multi-family real estate accounting or finance preferred.
• Experience with LIHTC, HUD, or other federal funding a plus.
• Strong written communication skills – effectively expresses ideas verbally and in written form, present numerical data accurately and effectively
• Aligns work with CSI’s strategic goals and corporate values and develops strategies that align with those goals & values.
• Analytical thinker that gathers & analyzes information skillfully & accurately.
• Identifies and resolves problems in a thoughtful and timely manner and works well in group problem solving.
• Sets and achieves challenging goals.
• Takes initiative to learn and apply new skills.
• Adapt to changes in work environment and ability to manage competing demands.
• Strong organizational skills, self-motivated and self-directed work habits. Must be extremely detail-oriented.
• Proficiency in computer software & spreadsheets, including Excel.
• Ability to attend LIHTC trainings, conferences, and other trainings related to job roles & responsibilities.
• Bachelor’s degree required.