Real Estate Financial Analyst – Job DescriptionAbout the CompanyTLC Management Company is a large private owner/operator of multi-family real estate in the Chicagoland area. The corporate office is the hub for all operations and support teams for the growing company. Our team is close-knit and hands-on, and we value people who take ownership, communicate well and care about doing things right and jumping in where needed. When you join TLC, you’ll grow your career with a company that’s local, invested in its people and committed to making renting in Chicago a better experience. About the roleTLC Management Co. is hiring a Real Estate Financial Analyst to support our Chicago residential rental portfolio. You will build and maintain property financial models, track budget-to-actual performance, and help leadership evaluate acquisitions, capital projects, financing and operating decisions. The role reports directly to the CFO. This is a full-time, in-office role in Chicago for an early-career analyst with 1–2years of real estate experience who wants to grow. Compensation: $80,000–$90,000 annually, depending on experience. Key responsibilities- Build and maintain cash flow models for existing properties and potential acquisitions, including NOI, cap rate, IRR and cash-on-cash analysis
- Assist with annual operating and capital budgets with property managers, directors of maintenance, and track monthly budget-to-actual variances
- Prepare monthly, quarterly and annual reporting for ownership, lenders and investors, including property P&Ls, variance commentary, KPI dashboards and lender compliance reports
- Analyze rent rolls, occupancy, delinquency and leasing trends to flag risks and opportunities
- Underwrite acquisitions and refinancings: gather market comps, review offering memorandums and support due diligence
- Monitor loan covenants, debt service coverage and reserve requirements
- Analyze mortgage financing: compare loan quotes and terms, model refinancing scenarios, track rate resets and maturities, and maintain the portfolio debt schedule
- Evaluate when needed commercial lease offers within our portfolio including annual reconciliations of various leases and association memberships
- Support ad-hoc analysis requests from leadership
Required qualifications- Bachelor's degree in finance, real estate, accounting, economics or a related field
- 1–2 years of experience in the real estate industry (property management, asset management, brokerage, lending, development or investment)
- Advanced Excel skills, including financial modeling, lookups and pivot tables
- Working knowledge of real estate financial concepts: NOI, cap rates, DSCR, IRR, mortgage financing and operating budgets
- Strong attention to detail and the ability to manage multiple deadlines
- Clear written and verbal communication, including presenting findings to non-financial audiences
Preferred qualifications- Experience with multifamily or residential rental properties
- Familiarity with property management or accounting software such as Yardi
- Exposure to utilizing or implementing AI tools in day-to-day activities
What we offer- Paid Vacation and paid time off, plus
- Thirteen (13) paid holidays.
- Paid time off for your birthday and work anniversary
- Two (2) volunteer days to support your favorite charitable organizations
- 401(k) with a generous employer match
- Wellness Program
- Medical, Dental, and Vision Insurance
- Life, Critical Illness, and Accident Insurance
- HSA and FSA
- Short-term disability insurance
- Employer-Paid Life Insurance Benefit
- Employer-Paid Long-Term Disability Benefit
- Paid maternity leave benefit
- Employee Assistance Program
- Fun team-building company outings
- Continuing Employee Education and Development
- Opportunities for career growth
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