Real Estate​/Property Associate, Financial Analyst

Silver stein Properties is a privately held, family real estate development, investment, and management firm, headquartered in New York with properties across the United States. We create value beyond real estate. We shape the future of how you work, live and play. Through exceptional service, hospitality, amenities, and technology, we offer an advanced atmosphere of well-being.

Silver stein Properties is a vertically integrated company with over 450 employees who manage all aspects of development, acquisitions, and management of real estate assets. These disciplines include operational management, asset management, commercial leasing, residential rental and sales, real estate development, construction management, acquisitions, finance, accounting, risk management, marketing, public relations, and real estate technology and innovation.

We are seeking an Associate to join our Asset Management team. The role involves managing and analyzing the financial aspects of various properties within the portfolio. Key responsibilities include maintaining valuation models, conducting property-level analyses, tracking property performance, assisting with business plan implementation, preparing budgets and investor reports, and participating in due diligence for acquisitions and dispositions.

Who You Are:

• Attention to Detail and Curiosity:
  The ideal candidate should demonstrate superb attention to detail and possess a high degree of curiosity to explore and understand the complexities of our real estate assets. We recognize that diverse perspectives enhance our understanding and decision-making.
• Analytical and Strategic Perspective:
  We are looking for candidates who can approach problems with an analytical mindset while also seeing the bigger picture and making strategic decisions. We value different perspectives that contribute to comprehensive and innovative solutions.
• Financial Modeling
  
  Skills:
  
  Candidates with exceptional financial modeling skills, including cash flow analysis, IRR calculations, and discounted cash flow valuations, are encouraged to apply. We recognize that these skills can be developed in various contexts and industries.
• Real Estate Accounting Knowledge:
  Familiarity with real estate accounting principles is preferred, and we are committed to providing training and support for candidates with expertise in other accounting practices who demonstrate the capacity to learn and adapt.
• Time Management:
  The candidate should possess excellent time management skills, enabling them to prioritize tasks effectively and manage multiple responsibilities. We understand the importance of work-life balance and support our employees in achieving it.
• Communication and Interpersonal
  
  Skills:
  
  We value exceptional communication, interpersonal, analytical, and writing skills. The ability to communicate clearly and collaborate effectively is vital to our inclusive and respectful work environment.
• Self-Motivation and Professional Development:
  We encourage self-motivated and resourceful individuals who take ownership of their professional development to apply. We believe in fostering an inclusive culture that promotes growth and learning for all team members.
• Enthusiasm and Collaborative Spirit:
  We are looking for candidates with enthusiasm and a desire to succeed in a collaborative environment. We foster a supportive and diverse community that embraces collective success.

What You’ll Do

• Maintain/update Argus and valuation models on a quarterly basis; forecast capital contributions/distributions
• Undertake detailed property-level analyses of prospective leasing deals, tenants/in-place leases, capital projects, operating and financial statements, market and competitive position, real estate taxes, insurance and other relevant information
• Track ongoing property-level activity and identify trends/issues
• Review monthly property performance on both a cash and accrual basis; identify issues and present opportunities for improvement
• Assist Asset Manager with implementation of business plan initiatives; analyze property performance relative to business plan targets
• Assist Asset Manager with preparation and review of property-level budgets
• Prepa…