Rockwood Capital - Financial Analyst
Rockwood Capital is a privately held real estate investment company that manages funds for public and private institutions. Rockwood's approach to real estate investment combines a broad national and international perspective of the marketplace with the intuition and action of strong local entrepreneurs. Since 1980, Rockwood has invested in over 100 properties throughout the United States with an aggregate value of approximately $6.6 billion, consisting of office, R&D space, residential retail and hotel product and currently manages $2.8 billion of equity commitments.
Posting Date: 2/27/08
Rockwood's investment strategy is focused on the private real estate market. We study relative value across geographic regions and in comparison to other investment sectors. We concentrate on adding value by upgrading and increasing the income of existing buildings, and by carefully staged new development. Through broad research of markets, our close alliance with our partners, and careful financial management we have been able to consistently earn attractive returns for our investors.
In December 2006, Rockwood closed its seventh investment fund ("Fund VII"), a fully discretionary, closed and commingled real estate fund with capital commitments of $1.1 billion.
Job Title: Financial Analyst
Position Summary
The Financial Analyst will be primarily responsible for working closely with the Asset Management/Acquisition Team responsible for East Coast projects. Job duties include, but are not limited to; underwriting, financial modeling, scenario analysis, budgeting, reforecasts, and reporting. The portfolio consists of office, retail, hotel and residential projects.
Primary Duties and Responsibilities
• Assist in financial analysis of existing assets
• Assist in underwriting of new acquisitions
• Work with Accounting Team to ensure that operating results and other reporting requirements are completed accurately and on time by operating partners
• Review and analyze monthly operating performance of owned assets. Highlight any shortfalls or noteworthy information
• Participate in quarterly meetings with property managers and operating partners
• Prepare annual reforecast and assist in budget review process for each asset
• Prepare materials for and participate in internal quarterly meetings
• Assemble and review economic, demographic and other market information for each asset area, as needed, including recent trades and leasing data
• Monitor performance of competitive properties.
Skills & Competencies
• BS/BA required. Major in business, finance, computer science or accounting
• 2-3 years work experience (Real Estate, Finance, Development, or Hotel)
• Significant experience with financial modeling
• Strong analytical and problem solving skills
• Strong attention to detail
• Strong proficiency in Microsoft Excel
• Knowledge of Argus, VBA & MRI a plus
• Good verbal and written communication skills
• Good organizational skills with the ability to prioritize and multi-task
• Ability to work independently and as a team member
• Must be self-motivated
Please send resume/cover letter to resume@rockwoodcap.com. No phone calls please. Selection will be based solely on merit and will be without discrimination because of age, sex, sexual orientation, race, religion, national origin, marital status, or disability.
ROCKWOOD CAPITAL IS AN EQUAL OPPORTUNITY EMPLOYER.
