Financial Analyst

Job Title

Financial Analyst

Job Description Summary

Financial Analyst - Position Description

Cushman & Wakefield is a leading commercial real estate services provider with more than 50,000 global professionals. The company represents a wide range of clients-from small businesses to Fortune 500 companies, from local non-profits to major institutions. Cushman & Wakefield serves owners, investors and tenants with a full spectrum of integrated commercial real estate services-including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, research and consulting.

Financial Analysts provide analytical services to brokers, clients and other service lines. Through collaboration with other analysts, managers and professionals within the firm, the financial analysts provide recommendations based on complex valuation, cash flow and accounting analyses as part of the decision making and business development processes. Financial Analysts work on a broad range of real estate transactions including lease comparisons, lease restructuring, acquisitions & dispositions, subleases, consolidations, build-to suits, and development projects. In addition, the financial analysts participate in strategic consulting assignments including portfolio analysis, site selection and labor analytics.

Reporting to the Finance Manager, the Senior Financial Analyst will coordinate and balance the financial modeling workload with the Financial Analyst that reports to this position.

Job Description

Financial Analyst - Position Description

Cushman & Wakefield is a leading commercial real estate services provider with more than 50,000 global professionals. The company represents a wide range of clients-from small businesses to Fortune 500 companies, from local non-profits to major institutions. Cushman & Wakefield serves owners, investors and tenants with a full spectrum of integrated commercial real estate services-including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, research and consulting.

Financial Analysts provide analytical services to brokers, clients and other service lines. Through collaboration with other analysts, managers and professionals within the firm, the financial analysts provide recommendations based on complex valuation, cash flow and accounting analyses as part of the decision making and business development processes. Financial Analysts work on a broad range of real estate transactions including lease comparisons, lease restructuring, acquisitions & dispositions, subleases, consolidations, build-to suits, and development projects. In addition, the financial analysts participate in strategic consulting assignments including portfolio analysis, site selection and labor analytics.

Reporting to the Finance Manager, the Senior Financial Analyst will coordinate and balance the financial modeling workload with the Financial Analyst that reports to this position.

Location

Boston, MA

Responsibilities

• Perform financial modeling for the Boston brokers to facilitate client decisions and assist with transaction negotiations
• Review and interpret transaction proposals, complex legal documents, contracts and other agreements
• Provide occupancy cost projections for the full spectrum of real estate transactions including leases, subleases, lease vs. purchase, acquisitions & dispositions, consolidations, sale-leasebacks, build to suits, ground leases, blend & extends, early terminations, etc. and other economic models, on a cash and accounting (GAAP) basis
• Research, analyze, and perform financial modeling of key data and assumptions including rent, free rent, operating expenses, tenant improvements, cost of debt, real estate taxes, utilities, expense escalations, construction costs, discount rates, etc.
• Perform cash flow analysis and derive financial evaluators including Cash on Cash, Payback Periods, Present Values, Net Present Values and Internal Rate of Return (IRR)
• Perform accounting (GAAP) analysis and derive financial reporting results including straight line rents, deferred rent credits, fixed asset amortization schedules, asset and liability balance sheet entries and estimating write-downs and impacts from lease exit activities including early termination, subleases and blend & extends
• Use in-house and third party real estate tools including CoStar to perform research on markets and transactions to support analytical integrity
• Prepare presentation ready summary documentation including spreadsheets and detailed graphics to illustrate cash flows and accounting impacts and other metrics
• Support a variety other consulting services including portfolio studies, benchmarking, mark to market studies, vacancy & utilization analysis, lease accounting advice, broker opinion of value, fair market rent valuation, and labor & site selection services
• Meet with clients to explain methods and results and customize analyses based on client requirements
• Provide ad hoc financial advice and analysis for brokers, management teams and service line leaders as required
• Maintain awareness of industry standards for financial modeling - investigate possible alternative methodologies, software, and approaches
• Participate in and contribute to business development activities including client meetings
• Collaborate with internal teams from brokerage, valuation, finance, operations, and investor services to insure robust solutions and recommendations
• Establish sound strategies and methods to ensure timely and effective deliverables and communication with senior leaders and clients
• Develop and maintain working relationships with other industry professionals

Requirements

• Bachelor Degree in Finance, Mathematics or Economics or related discipline
• CPA or MBA preferred
• Previous Real Estate Accounting Experience a plus
• 0 - 3 years of commercial real estate experience including significant financial analysis
• High proficiency with Microsoft Office Suite including the ability to produce high quality presentations using Power BI, PowerPoint and Word
• Advanced knowledge of Microsoft Excel and financial analysis including producing sophisticated charts, graphs and pivot tables
• Strong understanding of real estate related accounting rules and the new lease accounting standards (ASC 842)
• Demonstrated ability to multi-task and maintain efficiency of workload and possess the ability to work quickly and with accuracy
• Excellent interpersonal skills - ability to adapt to different work styles and personal styles, as well as demonstrated skills in effective client interaction
• Effective and efficient time management and organization skills - ability to work well under time pressure, managing multiple client projects with time-sensitive deadlines
• Well-organized and self-directed and comfortable working in a team environment
• Proven record of providing excellent internal and external customer service
• Excellent oral and written communication skills - communicates effectively and is comfortable explaining analysis and accounting concepts to people with non-financial backgrounds
• Ability to respond effectively to inquiries or complaints
• Must be motivated, trustworthy, and possess uncompromising ethical standards

Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.

In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [email protected]. Please refer to the job title and job location when you contact us.