As a Finance & Business Management professional within the Global Real Estate Finance team, you will be responsible for evaluating prospective real estate initiatives, performing due diligence and financial analysis, preparing business case financial analyses, and developing positive working relationships with GRE functional partners. You will promote process improvement, analyze data, report on key metrics, and provide recommendations to enhance the financial and operational performance of the portfolio.
The Global Real Estate (GRE) Finance team sits within Corporate Sector Finance. It is comprised of finance professionals across the globe who are accountable for managing both the expense & capital components of the GRE function, ensuring a sound control environment, measuring performance, providing value-adding analyses, and presenting information and ideas to senior management within Global Real Estate, to the major lines of business, and to the various Firm-wide finance teams who roll up the results of the entire corporation. The team covers all aspects of the Firm's real estate portfolio including, but not limited to, space management, property management, lease administration, design & construction, and sustainability projects.
Job Responsibilities:
- Evaluate prospective real estate initiatives involving ownership/leasing, capital investment and occupancy strategies associated with JPMCs corporate and retail (branch) real estate portfolio
- Perform thoughtful due diligence and financial analysis of real estate transactions and ensure compliance to US GAAP and JPMC accounting policies (incl. balance sheet, income statement, cash view)
- Prepare business case financial analyses for: new leases, lease renewals, stay vs. relocate, lease vs. buy, new developments, dispositions, and large multi-year investment strategies
- Prepare high level initial P&L analysis / summaries to help team to hone in on driving financial assumptions; structure analysis to provide sensitivities of driving assumptions
- Develop positive working relationships with GRE functional partners to maintain an open environment for collaboration
- Facilitate prompt turn-around to support various strategy and transaction requirements
- Drive process improvement & maintain oversight of model user tool and other strategic tools
- Analyze Data, report on key operational / financial metrics & provide recommendations to enhance financial and operational performance of the portfolio
- Perform high level assessment of construction budgets/ project cost schedules and communicate impact on P&L to relevant stakeholder and understand complexities & report on LOB occupancy allocations
- Evaluate & benchmark GRE's performance via analysis of operating expenses, space usage, project management, transactional efficiency, overall real estate vision, etc.
Required qualifications, capabilities, and skills:
- Bachelor's degree in business related discipline
- 2+ years of FP&A and/or accounting experience
- Expert with Microsoft Office suite, proficiency in Excel and PowerPoint
- Ability to analyze data, process information and work under minimal supervision
- Sound judgment and independent decision making are required
- Ability to maintain composure in a fast-paced environment and prioritize projects accordingly
- Ability to communicate succinctly and efficiently, comfortable interacting with senior business/Corporate leaders
- Ability to handle numerous deliverables simultaneously, many with critical deadlines. Candidate must be comfortable with frequently changing priorities
Preferred qualifications, capabilities, and skills:
- 2+ years of FP&A and/or accounting experience preferred
