BH Management Services Due Diligence Analyst
Company Description:
At BH Management Services, we are committed to creating value. We acquire, improve and manage apartment communities, and our success in this endeavor is evidenced by our growth from a start-up firm in 1993 to one of the largest multi-family management companies in the nation. BH understands that great customer service is what keeps residents satisfied, and that great service comes from engaged, happy and well-trained team members. In 2018 and 2017, BH was ranked as one of FORTUNE magazine and Great Place to Work’s "Best Workplaces for Women." BH was also ranked in 2018 and 2020 as one of the "Best Workplaces for Millennials.” In addition, in 2019, BH was named to the 100 “Best Workplaces for Diversity.” We continue to recognize that we are only as strong as each individual employee and we value our employees by providing a strong benefit package:
3 Weeks of Paid Time Off
Medical/ Dental/ Vision
401(k) + company match
Birthday Paid Day Off
BH Gives Back (Paid Volunteer Time Off)
12 Paid Holidays
BH Paid Leave
Sabbatical
Education Reimbursement
Employee Assistance Program
Position Location:
Des Moines
Position Reports To:
Director of Due Diligence
Salary:
55,000-70,000
Brief description about the position:
Responsible for the analysis and financial reporting activities for real estate acquisitions and new construction. Exhibits strong commitment to the service needs of the internal and external customer. Represents the company in a professional and courteous manner. The position is hybrid with 2 days per week in Des Moines office.
Responsibilities:
Coordinates and oversees processes, receipt and delivery of acquisition, management takeover, and new construction due diligence transactional documents, and the facilitation of document review and dissemination of information between internal and external stakeholders.
Coordinates and schedules all aspects of physical onsite inspections with seller, buyer, internal stakeholders, and third-party vendors to conduct inspection activities for acquisition transactions.
Performs the financial analysis of all due diligence transactional documents, including but not limited to the review of financial statements, operating reports, and service contracts.
Reviews all service contracts and prepares service contract analysis advising contract status for acquisitions and management takeovers and uploads contracts to contract database.
Reviews and analyzes third party vendor reports and inspections identifying potential areas of concern and communicating to stakeholders, including by not limited to lease audits, unit walks, PCA, ESA, Zoning, Roof, and WDI.
Develops the initial prospective revenue and budget models.
Analyzes financial trends, potential areas of concern, and incorporates findings into a clear and concise due diligence report to assist internal and external stakeholders with decision making.
Coordinates the transfer of utilities and telecom services with third party providers to ensure a seamless transition of utility services during acquisition and management transition of a community.
Creates notices to be distributed to residents, vendors, and internal stakeholders for acquisitions and management takeovers.
Assists in updating project timelines and the status of current transaction activities.
Provides training and support to internal stakeholders on department policies and procedures.
Supports DD Coordinator Role.
Other duties as assigned.
Work Schedule:
Works 8-hour shift during core business hours of 7:30am-5:30pm; three days per week is remote work from home and two days per week in Des Moines office.
Degrees/Licenses designations:
Bachelor’s Degree in field or related area (e.g. Accounting or Finance)
Qualifications/Special Skills:
General knowledge of standard accounting practices and procedures
General understanding of organizational charts
Intermediate level computer technology skills
Strong analytical, attention to detail, and organizational skills
Effective oral and written communication skills
Ability to work with a diverse group of people in a collaborative environment
Ability to handle multiple projects and thrive in a fast-paced environment
Familiar with a variety of the field's concepts, practices, and procedures
Relies on experience and judgment to plan and accomplish goals
Minimum years of experience required:
2-3 years of experience in field or related area
Company Web Site:
www.livebh.com
Company will pay travel to interview:
No
Company will pay relocation expenses:
No
Contact:
Elizabeth O'Neill
Company:
BH
Phone Calls:
No Phone Calls Please
Email resume to:
elizabeth.oneill@livebh.com