About the position
At Regency Centers, we believe our greatest asset is our people, and we believe a talented team from differing backgrounds and experiences makes us better. We are seeking a Senior Financial Analyst to join one of our offices located in Jacksonville, Florida or Atlanta, Georgia. This is a hybrid opportunity with 3 days in the office and 2 days working remotely. The Senior Financial Analyst will assist with the reporting process for regional in-process developments and the underwriting, financial analysis, and due diligence functions associated with the acquisition, development, and/or re-development of shopping centers. These responsibilities ensure that Regency is making well-informed investment decisions based on all relevant facts and circumstances.
Responsibilities
- Maintaining financial models for in-process developments and redevelopments, which aid in forecasting, project management and corporate reporting.
- Underwriting prospective developments, acquisitions, and redevelopments.
- Preparation of memoranda on projects to be submitted for approval to Real Estate Committee, Investment Committee, or the Board of Directors.
- Assisting with due diligence functions related to new investments (including developments, redevelopments, acquisitions, buyout of co-investment partnerships, et al) and dispositions.
- Preparation of quarterly asset review books for in-process developments and redevelopments.
- Performing financial and credit analysis on potential tenants and vendors.
- Preparing abstracts for anchor tenant leases, PSAs, and Joint Venture Agreements.
- Tracking significant contract dates and posts/tracks escrow deposits.
- Assisting with special projects and ad hoc requests as needed.
Requirements
- Bachelor's degree in Real Estate, Finance, Accounting, or related field
- Two (2) to five (5) years of relevant professional experience
- Strong quantitative and analytical skills
- Solid foundation in retail real estate fundamentals, including the ability to understand and calculate standard return metrics such as yield, profit margin, IRR, etc.
- Ability to read and understand a lease
- Ability to understand shopping center operational metrics and how to calculate - such as percentage rent, additional rent, management fees, etc.
- Advanced level proficiency with Excel and other Microsoft Office Programs including Word, PowerPoint, Access and Outlook
- Beginner level proficiency with PowerBI (or similar software)
Nice-to-haves
- Retail underwriting experience
- Commercial real estate experience
- Argus Enterprise experience and/or certification
Benefits
- 401(k) + Profit Sharing plan with generous company match
- 3 medical insurance plan options
- Dental insurance including coverage for adult & children orthodontics
- Vision insurance
- Family planning benefit
- Award winning incentive-based wellbeing program
- Health Care and Dependent Care FSA
- Paid leave programs (parental, compassion, bereavement, jury duty, and military)
- Company-paid life/AD&D and disability
- Voluntary benefits (supplemental life/AD&D, critical illness, accident, hospital indemnity, and identity theft)
- Anniversary stock grant awards
- Educational assistance
- Health Advocacy + Employee Assistance Program (EAP) and Management Assistance Program (MAP)
- Matching charitable gifts
- Flexible paid time off
- Volunteer time off
- Paid holidays
