MAA Redevelopment Analyst in Memphis, Tennessee

Job Summary

The Redevelopment Analyst works under the general supervision of the Senior Vice President of Redevelopment with the primary responsibility to supports multifamily property management on most aspects of the redevelopment and interior renovation program. Monitors and reports the performance of KPIs for renovation and re-positioning by creating, monitoring, analyzing and distributing all related reports. The position reports on project expenses on a monthly or more frequent basis as required and also works with property operations to ensure data accuracy for on-site operating system and to monitor and track supported programs.

The successful candidate will embody and work to reinforce MAA’s Core values. Those values include:

  • Appreciating the uniqueness of each individual

  • Communicating openly and with integrity

  • Embracing opportunities

  • Doing the right thing at the right time for the right reasons

Duties and Responsibilities

  • Provides support, customer service and evaluations for all redevelopment programs.

  • Creates reports (weekly, monthly, ad hoc) for redevelopment programs to help produce optimum results.

  • Frequently interacts with property management to verify information to ensure accuracy in reports and to properly support each of the programs for success.

  • Analyzes issues on a daily and weekly basis to gauge status and identify needed corrections. Take initiative to proactively identify and evaluate opportunities to improve performance within redevelopment programs with management.

  • Provides advice to supervisors and managers to resolve redevelopment problems.

  • Performs property and market investment analysis including market data, property financials, property amenities and comparable property characteristics to help determine optimal portfolio capital investment strategy.

  • Develops financial projections based on a combination of historical performance and future expectations for potential renovation targets. Prepares summary investment reports for senior management with investment highlights and recommendations.

  • Prepares initial research and analyses for various renovation related opportunities and coordinates special projects as needed.

  • Performs other related duties as assigned to meet the needs of the business.

Required Qualifications

  • Bachelor’s degree in Accounting, Finance, Real Estate or related field and three to five (3-5) years of experience in financial planning and analysis required, or an equivalent combination of education and experience.

  • Financial modeling experience (ROI, IRR, payback, cash flow) required.

  • Proficiency with Microsoft Excel and Access applications required.

Preferred Qualifications

  • Technical knowledge and experience with SQL, Essbase, Yardi or related applications preferred

  • Master’s degree preferred

Knowledge, Skills, and Abilities

  • Intermediate to advance proficiency in Microsoft Excel and Access applications (e.g., table structures, data types, link tables, advanced relational query design, macros)

  • General proficiency with other Microsoft Office applications (e.g., Word, Outlook, PowerPoint)

  • Knowledge of Hyperion and other financial reporting software

  • Quantitative and qualitative analytical skills to identify trends, anomalies and/or deficiencies

  • Initiative and flexibility to continuously improve quality and processes and manage change

  • Knowledge and skills to manage projects, organize, prioritize, and meet deadlines

  • Skill and ability to strategically execute within a fast-paced and complex environment

  • Business and financial acumen

  • Quantitative and qualitative analytical skills and attention to detail

  • Skill and ability to clearly and concisely communicate verbally and in writing

  • Critical thinking, problem-solving and decision-making skills

  • Initiative and flexibility to continuously improve quality and processes and manage change

  • Knowledge and skills to manage projects, organize, prioritize, and meet deadlines

  • Comprehensive knowledge of financial modeling and reporting (ROI, IRR, payback, cash flow)

  • Effective communication skills, both verbal and written

Physical and Environmental Requirements:

  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

  • While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms.

  • This position requires the ability to occasionally lift office products and supplies, up to 20 pounds.

  • This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Disclaimer

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

MAA is a real estate investment trust (REIT) that focuses on the acquisition, selective development, redevelopment and management of multifamily homes throughout the Southeastern and Southwestern regions of the United States.

Our mission at MAA is to deliver superior service and value for our residents, employees and shareholders. We refer to this as creating "A Brighter View" and we are doing it every day.

In fact, we proudly display "Our Brighter View" plaques at every MAA office just to serve as a daily reminder of our focused mission. MAA is committed to remaining true to our rich tradition of service to each other, to our residents, and to our shareholders. We respect the privilege to providing value to those whose lives we touch.

Please click on the links below to learn more about MAA’s culture and corporate charity as well as view MAA’s Corporate Profile:

http://www.maac.com/our-programs/open-arms

http://ir.maac.com/corporateprofile.aspx?iid=103123