Sales Assistant Job New York New York USA,Finance & Banking

Location: New York

POSITION SUMMARY

POSITION SUMMARY The Transactions Analyst is responsible for providing financial and analytical support in the acquisition and disposition of properties with the purpose of generating appropriate risk adjusted returns, and improving portfolio quality and credit quality of the cash flows.

ESSENTIAL JOB FUNCTIONS

Prepares and reviews financial projections and pricing analyses (utilizing financial metrics such as internal rate of return, return on investment, loan amortization schedules, earnings accretion, etc.) related to the acquisition and disposition of real estate assets using technical software such as Excel and Argus as tools

Assists in the coordination and review of financial due diligence related to the acquisition and disposition of properties

Conducts due diligence for new acquisitions including lease review, verifying and assisting with financial underwriting, reviewing historical financials and CAM reconciliations and obtaining third party reports

Assists in the closing process of acquisitions including reconciling closing pro-rations, preparing internal closing memos and transferring the property to the operations team or buyer at the time of closing

Participates in the drafting and review of transaction documents consisting of acquisition and disposition memos, due diligence memos, and broker Offering Memorandums

Assists the transaction process by coordinating with other SITE Centers departments, brokers and legal counsel to consummate disposition and acquisition transactions

Distributes property information to potential buyers or brokers hired by SITE Centers. Facilitates ongoing correspondence with these sources to make deal processes more efficient

Stays abreast of industry trends, transactional activity and outside research perspectives relative to the retail real estate markets

Advances professional and technical knowledge by attending educational workshops, reviewing professional publications and establishing personal networks

ADDITIONAL DUTIES AND RESPONSIBILITIES

Assumes additional responsibilities and performs special projects as needed or directed

REQUIRED QUALIFICATIONS

Education, Training and/or Experience

Bachelor’s degree in finance, accounting or real estate with one plus years of experience in professional, analytical role in the commercial real estate industry, plus working knowledge of Argus real estate projection software.

Knowledge, Skills, Abilities and Personal Characteristics

Knowledge of financial theory, financial analysis and generally accepted accounting principles

Well-developed analytical and problem solving abilities

Strong attention to detail

Ability to organize and prioritize work, manage multiple projects simultaneously, and consistently meet deadlines

Ability to communicate with all levels of employees

Ability to use logic to interpret and explain complex instructions

Well-developed oral and written communication skills

Ability to understand the project at hand and how it relates to the Company’s overall goals and strategies

Certifications, Licenses, Registrations

None

PREFERRED QUALIFICATIONS

Commercial real estate underwriting and valuation experience. Strong computer skills, including intermediate to advanced proficiency with Microsoft Office and Argus.

PHYSICAL DEMANDS

Nature of work requires an ability to analyze, communicate and exchange information, collect, compile and prepare work documents, and operate standard business office equipment.

WORKING CONDITIONS

Hybrid schedule with work performed in a general office environment 3 days a week (Monday through Wednesday), and the option to work from home up to 2 days a week. Will require extended hours during peak periods of work. Availability for occasional travel.

Note:

This position description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of SITE Centers. Duties and responsibilities that may be inherent in a job, reasonably required for its performance, or required due to the changing nature of the job shall also be considered part of the jobholder’s responsibility.

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