What are the responsibilities and job description for the Senior Financial Analyst position at Regency Centers?
About this Opportunity:At Regency Centers, we believe our greatest asset is our people, and we believe a talented team from differing backgrounds and experiences makes us better. We are seeking a Senior Financial Analyst to join our Jacksonville, FL corporate office. This is a hybrid opportunity with 3 days in the office and 2 days working remotely. The Senior Financial Analyst is responsible for managing the reporting process for regional in-process developments. This position will assist in the underwriting, financial analysis, and due diligence functions associated with the acquisition, development, and/or re-development of shopping centers to ensure that Regency is making well-informed investment decisions based on all relevant facts and circumstances.
What You’ll Be Doing:
Maintaining financial models for in-process developments (aids in forecasting and project management and review) & associated monthly updates of MDM and DSR (forecasting models).
Underwriting prospective developments, acquisitions, and redevelopments.
Preparation of memoranda on projects to be submitted for approval to Real Estate Committee, Investment Committee, or the Board of Directors.
Assisting with due diligence functions related to new investments (including developments, redevelopments, acquisitions, buyout of co-investment partnerships, et al) and dispositions.
Preparation of quarterly asset review books for in-process developments and redevelopments.
Performing financial and credit analysis on potential tenants and vendors.
Preparing abstracts for anchor tenant leases, PSAs, and Joint Venture Agreements.
Tracking significant contract dates and posts/tracks escrow deposits.
Assisting with special projects and ad hoc requests as needed.
Are You Qualified?
Required:
Bachelor’s degree in Real Estate, Finance, Accounting, or related field
Five (5) to seven (7) years of relevant professional experience
Strong quantitative and analytical skills
Solid foundation in retail real estate fundamentals, including (but not limited to):
Ability to understand and calculate standard return metrics such as yield, profit margin, IRR, etc.
Ability to read and understand a lease
Ability to understand shopping center operational metrics and how to calculate - such as percentage rent, additional rent, management fees, etc.
Demonstrated comprehension of finance and accounting principles, particularly as they relate to real estate.
Advanced level proficiency with Excel and other Microsoft Office Programs including Word, PowerPoint, Access and Outlook
Argus Enterprise experience and/or certification
Experience with PowerBI (or similar software)
Preferred:
Retail underwriting experience
Commercial real estate experience
Personal Traits We Value:
Appreciation of Regency Centers’ business, goals, strategies, and needs
Priority setting, organization, time-management skills
Strong attention to detail
Integrity and trust, customer focus, interpersonal savvy and perseverance
Strong oral and written communication skills
Strong problem solving and technical learning skills
Ability to adapt quickly to changing needs of team
Ability to manage multiple priorities while working in a fast-paced environment
A Little Bit About Us:
We own and operate premier shopping centers in suburban neighborhoods in the top cities and markets across the country. We live by a strong set of values, which have guided us for more than 60 years. Our centers thrive with highly productive grocers, restaurants, service providers, and terrific retailers that connect to their communities and customers. We are also active developers of new shopping centers that feature great merchandising, placemaking, and customer engagement as part of our Fresh Look™ program. We are a vertically integrated real estate company and a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. Learn more about us at RegencyCenters.com.
Benefits:
Our compensation and benefits package is very competitive and includes:
401(k) Profit Sharing plan with generous company match
3 medical insurance plan options including 1 HSA with prescription drug coverage, telemedicine, Pharmacy Advisor, Medical Expert Option and Hinge Health (MSK)
Dental insurance including coverage for adult & children orthodontics
Vision insurance
Family planning benefit with Frame Fertility
Award winning incentive-based wellbeing program
Health Care and Dependent Care FSA
Paid leave programs (parental, compassion, bereavement, jury duty, and military)
Company-paid life/AD&D and disability
Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
Anniversary stock grant awards
Educational assistance
Health Advocacy Employee Assistance Program (EAP) and Management Assistance Program (MAP)
Matching charitable gifts
Flexible paid time off
Volunteer time off
Paid holidays
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