Financial Analyst at The University of Chicago in Chicago, Illinois

Job Description:

Department

CREO Civic Engagement Commercial Real Estate Operations



About the Department

The University of Chicago's CREO Department is a unit within the Office of Civic Engagement with a dual reporting line to the Finance and Administration Division that engages in a wide array of real estate services, including asset acquisition, asset disposition, development, asset management, lease negotiation, lease administration, and construction.



Job Summary

The Financial Analyst, Commercial Real Estate Operations (CREO): Responsible for providing analytical support to the Associate Vice President, Director of Finance, and other CREO team members specifically focusing on analysis of lease economics and strategic projects. Assists with preparation of lease documentation, budgets, forecasts, and other reporting.



Responsibilities

• Prepares proformas and budgets for potential leases and University-led projects; reviews and analyzes financial proformas for third-party projects.
  
  


• Analyzes potential real estate gifts, coordinates due diligence, and assists in disposition process.
  
  


• Provides value-added financial information and analyses that support high-quality decision-making.
  
  


• Uses spreadsheets, databases, and/or financial analysis software to improve the understanding of different budgeting options and to provide accurate, up-to-date information; coordinates cash flow and financial modeling.
  
  


• Completes other ad-hoc analysis, as needed.
  
  


• Updates CREO strategic capital plans and reforecasts.
  
  


• Works with third-party property management team on asset management items relating to Hyde Park portfolio.
  
  


• Assists with organizing, tracking and/or drafting lease documentation and shares updates with third-party property management team and other internal or external stakeholders.
  
  


• Prepares and/or reviews operational contracts or projects (i.e. landscaping, snow removal, parking management, security) procured and contracted through third-party property management team.
  
  


• Ensures reports comply with all University and department policies.
  
  


• Compiles retail, mixed-use, and hotel portfolio metrics and prepares quarterly management reports for leadership.
  
  


• Prepares initial review of third-party accounting firm's monthly financial statements.
  
  


• Assists in annual budget preparation and monthly forecasting.
  
  


• Reviews annual expense reconciliations and percentage rent calculations.
  
  


• Conducts financial research to advance decision-making. Designs and executes regular and ad hoc financial analysis, including forecasting, risk analysis, and evaluation of strategic options.
  
  


• Works closely with budget administrators to help ensure the integrity of financial analysis and planning.
  
  


• Performs other related work as needed.
  
  

Minimum Qualifications




Education:

Minimum requirements include a college or university degree in related field.



Work Experience:

Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.



Certifications:




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Preferred Qualifications




Education:

• Bachelor's Degree.
  
  

Experience:

• 3-5 years of experience in commercial real estate financial analysis, accounting and/or financial modeling strongly preferred.
  
  

Technical Skills or Knowledge:

• Proficiency with Microsoft Office, financial computing and database software applications.
  
  


• Experience with Oracle, MRI (or similar software) strongly preferred.
  
  

Application Documents

• Resume (required)
  
  


• Cover Letter (preferred)
  
  


• Reference list (required)
  
  

When applying, the document(s) MUSTbe uploaded via the My Experience page, in the section titled Application Documents of the application.



Job Family

Financial Management



Role Impact

Individual Contributor



Scheduled
Weekly Hours

37.5



Drug Test Required

No



Health Screen Required

No



Motor Vehicle Record Inquiry Required

No



Pay Rate Type

Salary



FLSA Status

Exempt



Pay Range

$76,500.00 - $99,000.00
The included pay rate or range represents the University's good faith estimate of the possible compensation offer for this role at the time of posting.



Benefits Eligible

Yes
The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.



Posting Statement



The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.


Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.


All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.


The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at:http://securityreport.uchicago.edu.Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637. Apply Now