Manager - FP&A

Job Locations US-IL-Chicago

LivCor is a real estate asset management firm headquartered in Chicago, Illinois.  Formed in 2013, LivCor specializes in hands-on asset management of multi-family properties throughout the U.S.  In collaboration with its operating partners, LivCor oversees the management of its properties furthering a mission of maximizing return for investors while offering best in class service to residents.

 

The Manager – FP&A (Multifamily) will join a team of ~30 financial professionals responsible for monthly and quarterly operational and financial reporting, budgeting and reforecasting, portfolio analytics, and market research.  The Manager - FP&A will interact extensively with LivCor asset management and executive leadership, Blackstone multifamily asset management, Revantage (LivCor’s affiliated real estate services company) accounting and treasury, and LivCor’s operating partners.  The Manager - FP&A will be responsible for critical financial reports and analysis presented to Blackstone and LivCor’s executive leadership team. The position reports to the Director of Finance and will have at least four direct reports.

RESPONSIBILITIES:

  • Lead team of regionally aligned analysts; find/develop talent, allocate resources, provide guidance, manage workload and design/implement solutions.
  • Provide leadership and direction to FP&A analysts in in the annual budget and reforecast processes:  develop budget/reforecast timeline, policies and procedures; together with the asset managers, determine budget drivers and annual performance goals; collaborate with the asset management team and operating partners throughout the budget/reforecast process; present final budget/reforecast to executive leadership team and Blackstone.
  • Serve as a key point of contact for analytical and adhoc informational requests from Blackstone and LivCor’s CEO, EVP – Finance, EVP – Operations and other senior executives.
  • Leverage monthly and quarterly financial statements, business intelligence software, and a host of analytical tools to identify property, portfolio and market underperformance to budget and/or market benchmarks and collaborate with the relevant team members to address the issues.
  • Provide leadership and direction to analysts in monthly regional performance reviews; oversee the generation of the reporting packages and supporting analysis; ensure the appropriate follow-up by FP&A team on action items identified.
  • Review monthly portfolio/regional financial reporting package; evaluate performance metrics, highlight notable issues and trends and develop meaningful and insightful commentary.
  • Review quarterly board book; work with team on high profile deliverable presented to Blackstone senior real estate leadership team at the quarterly board meeting. 
  • Develop proficiency of the methodology and sourcing of data from various research and industry data publications including the RealPage suite of products (YieldStar, Performance Analytics, Investment Analytics, Axiometrics/MPF), Green Street, Real Capital Analytics, Bureau of Labor Statistics, etc.
  • Compare LivCor performance to the public multifamily REITs and present results at a company and market level to the executive leadership team.  Become an expert in reviewing REIT earnings releases, public filings and supplemental financial reports.
  • Proactively participate in continual process improvement initiatives.  Develop processes that save time while maintaining the highest quality standards.

REQUIRED QUALIFICATIONS:

  • 7+ years of relevant experience in FP&A within a commercial real estate firm (including 2 years in a manager/supervisor role). 
  • Bachelor’s degree in finance, real estate or accounting.
  • Proficiency with Excel and PowerPoint: utilization of standard Excel functions (sumif/s, v/hlookup, index/match, indirect, pivot tables, data tables, filters) to aggregate and summarize data, creation of graphs in proper context of data presented, design of executive/board level presentation quality outputs.
  • Strong work ethic: strength to thrive in a dynamic and demanding work environment, desire to learn and continued self-improvement, motivated by desire to achieve excellence.
  • Excellent oral and written communication skills, self-confidence to lead a meeting and discuss financial results with executive leadership team or Blackstone asset management team.

PREFERRED QUALIFICATIONS

  • Strong preference for multifamily experience
  • Knowledge of Oracle PBCS or similar budgeting software is a plus
  • Fundamental knowledge of US GAAP Accounting is a plus

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

 

#LI-AH1

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed