What are the responsibilities and job description for the Land Analyst position at Lennar?
Overview
The Land Analyst serves in a support role to the Vice President of Land and any Acquisition Managers within the Land Department. The position requires an ability to think critically and to demonstrate a desire to form a strong acquisition skillset foundation. Analysts are also responsible for effectively providing and interpreting in-depth and accurate market data that enables management to make informed land acquisition decisions. The Land Analyst serves a large role underwriting potential deals during the land acquisition due diligence period, assisting in the financial analysis of projects, and managing acquisition spreadsheets within the Land Department, and interfacing with land development project managers and the accounting department.
Responsibilities
- Contribute to the preparation of feasibility analysis and acquisition packages (business plans) for target projects (I.e.: Land Acquisition Books, etc.)
- Develop proficiency in running financial models to produce acceptable IRR and GM results
- Assist in creating and modifying financial spreadsheets for use in cash flow projections and new community budgeting
- Work with the V.P. of Land and Acquisition Managers to compile community-level competitive analysis
- Prepare market studies that track activity and forecast market trends, including going into the field and analyzing competing communities
- Create and submit Letters of Intent on target communities per the direction of the V.P. of Land and Acquisition Managers
- Coordinate with outside consultants when necessary (legal, title, engineering, brokers, etc.) and capable of conducting meetings
- Assist the Land Department (primarily acquisitions) in day-to-day activities and scheduling / preparing for Department meetings
- Schedule and prepare for / make copies of all necessary documents and presentations for land acquisition meetings and conference calls
- Assist in the preparation of on-site land inspections for V.P. of Land, Division President, Regional President, etc.
- Assist the V.P. of Land and Acquisition Managers in the mentoring and growth of new incoming analysts and land coordinators
- Capable of legal review and analysis and interpreting / understanding legal documents and report to the V.P. of Land and Acquisition Managers
- Capable of reviewing reports related to the due diligence process
- Assist in preparing presentations for all jurisdictional-level presentations required for project approval
- Proficiency in data analyzing programs
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Qualifications
Land Analyst candidates should be interested in learning land acquisition and development processes and procedures in a fast paced, dynamic environment. Key qualifications include:
- Undergraduate degree in finance or related field is required
- Advanced PC skills including use of Excel, Word, and PowerPoint
- Efficient time management and prioritization capabilities
- Superior communication and organizational skills
- Motivation to learn
- Inquisitive nature
Type
Regular Full-Time