Posting Info

Posting Dates: 12/14/2020 - No Closing Date

Job Family: Facilities & Real Estate

Department: Property Reserve Inc.

Worthiness Qualification

Must be a member of The Church of Jesus Christ of Latter-day Saints and currently temple worthy.

Posting Notice/More Info.

Please Note: All positions are subject to close without notice.  (tech123)

Find out more about the many benefits of Church Employment at http://careers.churchofjesuschrist.org.
 

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About Working for the Church

Property Reserve, Inc. (“PRI”) is the commercial real estate investment group for the reserve fund of the Church of Jesus Christ of Latter-day Saints. Building on more than 50 years of experience, PRI has established a reputation for excellence in the United States and has expanded into international markets within the last five years. Unique in the industry, PRI’s investment activities span the development spectrum and include transitioning agricultural land, development, transactions, asset management, and private, non-traded REIT investments.

Based in Salt Lake City, Utah, PRI offers a healthy work-life balance with quick access to outdoor recreation and many other activities. With company growth accelerating, so too have employment and long-term career opportunities. Our connection to the Church of Jesus Christ of Latter-day Saints provides a faith-based cultural environment fostering high standards of conduct and excellence in all that we do. Our values define the working environment we strive to create—collaborative, supportive, inclusive, and empowering.

Purposes

The Real Estate Asset Management Analyst is responsible for financial and data analysis to support a growing investment portfolio while helping the preservation of asset value for the assets held globally.

Analysts will work on multiple projects supporting all aspects of the investment process, utilizing a range of skills. Analysts will interact with professionals across multiple functions, including the Transactions, Asset Management, Land, and Finance teams, and will also work with global teams related to third-party advisory work and private REIT sponsors.

Analysts in this position will be exposed to institutional strategy, research, investment, and asset management activities as well as access to industry-leading market participants globally.

Responsibilities

  • Conduct detailed research focused on specific markets globally to determine change in rental rates, cap rates, market absorption, transaction activity, construction trends, population growth, job growth and industry concentration
  • Analyze investment opportunities through market research, in depth financial analysis, and complex financial modelling
  • Responsible for performing analysis of maintenance cycles and expenses, efficient use of space, capital expenditures, trends in tenant needs, etc.
  • Perform financial review of each asset to monitor performance and efficiency including gathering financial statements, understanding income and expense reports, and developing and supporting management activities
  • Create reports and presentations to visually capture overall and individual asset performance
  • Work closely with asset managers to coordinate capital projects and leasing activity on a monthly basis
  • Work in Argus and Yardi on a daily basis
  • Draft quarterly reporting documents for senior management and investment committees
  • Support broader team and contribute to strategic projects
  • Contribute to the improvement of existing processes and promote the adoption of best practices as related to the above duties and responsibilities
  • Perform other essential duties as assigned

Qualifications

  • Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy
  • Bachelor’s degree in business, finance, economics, accounting, or related field
  • 1-2 years of commercial real estate finance experience
  • Good understanding of accounting and experience in financial analysis and modelling with advanced Excel skills
  • Strong technical ability to learn and become certified in Argus
  • Ability to understand financial statements and market analyses
  • Ability to multi-task in a fast-paced environment and execute a wide range of assignments
  • Strong work ethic, an entrepreneurial spirit; passion for excellence and desire to learn
  • Keen interest in real estate and financial markets
  • Positive attitude
  • Accuracy and attention to detail--fastidious
  • Ability to prioritize assignments to meet numerous deadlines
  • Excellent analytical, quantitative, and problem-solving skills
  • Superior communication skills with a demonstrated ability to write effectively
  • Solid understanding of financial concepts with time value of money
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