Financial Analyst

Description

Job Overview :

As a Financial Analyst, you’ll be responsible for preparing special assessments and loan analyses to provide clients with financial options to cover the cost of major capital projects and unanticipated capital expenses. You’ll work closely with the Community Management team and select Boards of Directors to decide the optimal solution for the properties and coordinate with FirstService Financial (FFI) to secure loans. You will also support the Illinois Accounting Department on special projects and reporting.

This is a hybrid opportunity and can be based out of either our Chicago or Hoffman Estates corporate offices.

Your Responsibilities :

• Prepare a five-to-fifteen-year Cash Flow analysis for individual properties with financial options to cover the cost of major capital projects and unanticipated capital expenses.
• Review current contributions to reserve accounts, existing loan structures, and other income to calculate the prepare the cash flow analysis.
• Analyze the cash flow analysis and guide the Board of Directors and Community Association Managers on the optimal solution to fund capital projects for that property.
• Attend Board meetings and present the analysis to the Board of Directors and homeowners.
• Communicate with FirstService Financial to coordinate with lenders and submit any loan documentation that may be required.
• Communicate with FirstService Financial to coordinate with lenders and submit any loan documentation that may be required.
• Provide Community Association managers a summary outlining covenant ratios and requirements per the loan and reporting to the bank.
• Guide Property Managers through the special assessment process and prepare new special assessments for processing.
• Provide guidance, direction, and input to property accountants.

Skills & Qualifications :

What We Offer :

As a full-time associate, you will be eligible for full comprehensive benefits including your choice of multiple medical plans, dental, vision, life insurance, short-term and long-term disability, legal, identity theft, and pet insurance. You will also be eligible for company-paid life insurance and benefits from our employee assistance program. In addition, you will be eligible for paid time off, paid holidays, tuition reimbursement, and a 401(k) with company match.

Compensation

$ 55000 - $ 65000 / year

Disclaimer Statement

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. This is not an all-inclusive job description; therefore, management has the right to assign or reassign schedules, duties and responsibilities to this job at any time.

#LI-MM1