financial analyst Detroit, MI
Job description
About Bedrock
Bedrock is a full-service real estate firm specializing in innovative city-building strategies, reaching far beyond the boundaries of bricks and mortar. Since its founding in 2011, Bedrock and its affiliates have invested and committed more than $5.6 billion to acquiring and developing more than 100 properties in Detroit and Cleveland, including landmark developments at the Hudson’s Site, the Book Tower restoration, City Modern and the May Company Building. Bedrock’s portfolio totals more than 22 million square feet of office, retail and residential space within new construction and adaptive reuse projects.
For more information on Bedrock’s projects, visit BedrockDetroit.com or engage with us on Facebook, Instagram, Twitter and LinkedIn.
Job Summary
The Financial Analyst, reporting to our Chief Investments Officer, will perform financial modeling, analysis, and reporting support to our Investments, Acquisitions, and Capital Markets Teams and will cross functionally work with other teams at times across the company here at Bedrock. Bedrock is a rapidly growing, private commercial real estate, investment, and development company and this role will offer excellent advancement opportunities and experience in many aspects of real estate finance.
Responsibilities
Perform financial analysis including cash flow projections, real estate valuation, credit analysis, and sensitivity analysis.
Create cash flow models using ARGUS and EXCEL.
Assist with financial underwriting of potential property acquisitions.
Assisting with acquisition due diligence (review leases, legal documentation, financial information, property documentation and other materials).
Assist with capital transactions – provide information to lenders and potential buyers (legal documentation, financial information, property documentation and other materials) initially and throughout the process.
Prepare regular reporting of key property information (residential leasing, retail tenant sales, tenant delinquencies, etc.)
Support Asset Management team in lease analysis
Assist with various analytical projects regarding portfolio and property performance
Other duties as assigned
Qualifications
Bachelor’s degree in Commercial Real Estate Finance, Finance, Accounting, or a related field
1-2 years previous experience in, commercial real estate finance, commercial real estate accounting, or commercial real estate is required
Demonstrated interest in qualitative and quantitative commercial real estate analysis
Strong attention to detail
Flexible; able to shift priorities quickly
Ability to analyze quantitative and qualitative information and translate into strategic deliverables
Knowledge of commercial lease terms including recovery methods
Proficiency in Microsoft Excel
Yardi and/or Argus experience helpful, but not required
We are proud equal opportunity employers and committed to providing an inclusive environment based on mutual respect for all candidates and team members. Employment decisions, including hiring decisions, are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. We also provide reasonable accommodation to qualified individuals with disabilities in accordance with state and federal law.
