Portfolio Management - Sr. Analyst - Utilities & Benchmarking

Company: Kittle Property Group
Location: Indianapolis
Posted on: January 27, 2023

Job Description:

JOB DESCRIPTIONJOB TITLE: Senior Analyst-UtilitiesDEPARTMENT: Portfolio Management and AnalysisREPORTS TO: Director-Portfolio Management and AnalysisFLSA STATUS: ExemptEXPECTATION FOR ALL EMPLOYEESSupports the organization's mission and values by exhibiting the following behaviors: resilience, excellence and competence, collaboration, innovation, commitment and accountability to ownership.POSITION SUMMARY:Responsible & accountable to Ownership for activities related to maximizing cash flow (both in the short term and long-term) for the portfolio. Activities include but are not limited to accurate use of portfolio analytics to support Owners annual utility benchmark targets, achieving the lowest possible UA for affordable assets in order to maximize rental revenue, management and refinement of sub-metering activities, and utility rate analysis. This position reports to the Director of PMA.ESSENTIAL DUTIES AND RESPONSIBILITIES:Effectively manages annual UA schedule to maximize rents while minimizing risk or compliance exposureDetermine lowest possible UA, monitor, electronically track, and communicate utility allowances per Section 42 and related guidelinesSubmit and gain UA approvals with state agenciesMaximize NOI through sub-metering at existing and new assets, priorities actions and collaboration with external vendors and property management to exceed 90% recovery of water/sewer expenseCommunicates with property management to resolve water leaks at propertiesApproves property monthly sub-meter recovery reportsEvaluate opportunities related to utilities whether related to efficiencies or technology which impact cash flow, collaborate with appropriate individuals or department and implement when impact will be favorableSeeks approval from HUD or other state agencies for resident paid utilities when applicableManages annual utility benchmarking functionsWork with SVP of PMA to evaluate and support capital expenditure opportunities related to energy savings measuresPresents monthly utility summary at monthly owners meetingSome travel required (about 2 days per month to visit about one-third to one-half of portfolio per year).Supports other analytical functions (Revenue Management, Financial Statement Review) of department as needed/applicable.Encourages team participation in meetings and processes that are critical to optimal portfolio performanceQUALIFICATIONS/SKILLS & KNOWLEDGE REQUIREMENTS4-year degree requiredAdvanced degree and/or finance or real estate certifications preferred (e.g. MBA, CFA, CPA, HCCP, CPM, CHAM, CEM, etc.)Experience using quantitative analytical tools desirable3 years' analytics, utility or multi-family experience requiredSection 42 experience preferredOn-site experience preferredAbility to use Outlook, Excel, Word, and PowerPoint requiredExperience with YES (Yardi Energy Solutions) preferredAbility to set up and use Access or other database software preferredLanguage skills - ability to read, analyze, and interpret common scientific and technical journals, financial reports, utility tariffs and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.Math skills - ability to work with mathematical concepts such as multivariate regression analysis, probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical solutions.Reasoning ability - ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.PHYSICAL DEMANDS:Will conduct site visits as needed to assess utility related issues.WORK ENVIRONMENT:Lead and/or participate in various group meetingsPhone/video contact with Property/Area/Regional Managers.Travel- site visits as needed to trouble shoot problems (2 days per month)Occasional overnight travel for industry events, conferences, or trainingEXPECTATION FOR ALL EMPLOYEESSupports the organization's mission and values by exhibiting the following behaviors: resilience, excellence and competence, collaboration, innovation, commitment and accountability to ownership.

Keywords: Kittle Property Group, Indianapolis , Portfolio Management - Sr. Analyst - Utilities & Benchmarking, Executive , Indianapolis, Indiana