April Housing is a leading owner and operator of high-quality affordable housing throughout the United States. Founded in 2022 and headquartered in Los Angeles, April Housing is the asset management business that oversees Blackstone's affordable housing and LIHTC portfolio. April oversees a portfolio of over 85,000 affordable housing units in approximately 650 communities. April Housing seeks to preserve critical affordable housing stock while providing best in class management and high-quality housing. April is committed to being a fair, transparent, and responsible owner.

April Housing’s long-term commitment to owning affordable housing is supported by Blackstone Funds, predominantly BREIT, a non-listed REIT. This perpetual capital vehicle provides April with a patient and flexible source of capital and plays a critical role in enabling the creation and preservation of more affordable housing. In addition to managing a growing portfolio, April Housing will ensure assets in the existing portfolio remain affordable and in compliance with all rent regulations while making significant improvements and aligning the operations with April Housing's Standards of Excellence in Residential Operations.

In its pursuit of excellence, April Housing is looking for individuals who share in its mission to provide high-quality housing to affordable residents.

As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $120,000- $160,000, with a 15-20% bonus target (this represents the presently-anticipated low and high end of the Company’s base salary range for this position).  Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.

The Associate will play a vital role in the Financial Planning & Analysis team by performing various analytical duties associated with operating a large portfolio of affordable housing properties. The duties revolve around analyzing operational and financial data to support asset managers in improving performance as well as performing the duties described below for the benefit of various stakeholders including various April Housing departments, executive leadership and Blackstone.

What you will do:

• Gather, analyze, and interpret financial and operational data to provide critical insights on trends and variances and identify opportunities to improve performance.
• Complete “deep-dive” property assessment reports for at-risk assets not meeting budget and/or operational expectations.
• Prepare monthly, quarterly, and ad hoc financial reports for executive leadership and Blackstone, including presenting financial data and analysis clearly and concisely.
• Execute April’s annual budgeting and forecasting process, including coordinating with asset managers, department heads, operators, and other key stakeholders to gather relevant data and assumptions.
• Assist in preparing the quarterly board book: coordinate and work across departments on high profile deliverable presented to Blackstone senior real estate leadership team at the quarterly board meeting.
• Develop and maintain complex corporate-level financial models to provide multi-year visibility into financial performance.
• Work with IT and other stakeholders to automate manual reporting and create interactive business intelligence tools and dashboards.
• Utilize third-party data to monitor and analyze market and industry trends. Data sources will include the RealPage suite of products (YieldStar, Performance Analytics, Investment Analytics, Axiometrics/MPF), Green Street, Real Capital Analytics, Bureau of Labor Statistics, etc.
• Perform special ad hoc projects on a frequent basis.

What you should have:

• Bachelor’s degree in business, finance, or accounting.
• A minimum of five (5) to eight (8) years work experience in FP&A and/or financial reporting within a commercial real estate firm.
• A strong work ethic, the strength to thrive in a dynamic and demanding work environment, and an ability to meet critical deadlines.
• Intelligence with a keen focus on details (e.g. ability to review team members’ work to ensure accuracy and consistency).
• Excellence with Excel and PowerPoint: efficient database sourcing, utilization of standard Excel functions (sumif/s, v/hlookup, index/match, indirect, pivot tables, data tables, filters, and keyboard shortcuts) to aggregate and summarize data, creation of graphs in proper context of data presented, use of best practices for insuring data integrity, design of executive/board level presentation quality outputs. Experience with Yardi and/or data analytics is a plus.
• Excellent oral and written communication skills since interaction with personnel at all levels will be required.

EEO Statement

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com.

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