Land Acquisition Analyst
Lennar Homes
Job Description
Overview Land Analyst. Lennar is one of the nation's leading homebuilders, dedicated to building quality homes and providing exceptional customer service, giving back to the communities in which we work and live, and fostering a culture of opportunity and growth for our Associates. Lennar is a Fortune 500 company and regularly ranks among the top homebuilders in the United States.
The Land Analyst collaborates with the Vice President of Land Acquisition and the Land Transaction Manager to source and prepare market analyses, assemble financial reports, support feasibility work, and prepare documentation for corporate approval. Responsibilities Perform a lead role in the financial analysis included in quarterly and annual Division Business Plans, summarizing actual and projected financial performance for the Division and each Division asset. Prepare gross revenues, profit margins, sources and uses of funds, cash flow forecasts, break-even analyses, cost bases and cost of sales analyses, return on assets, and internal rate of return analyses.
Assist in financial feasibility analysis for each of the Division’s acquisition opportunities and prepare underwriting proformas and related financial documentation for each asset acquired by the Division. Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for disposition opportunities; recommend price/profit participation structures, price escalations, and option/payment schedules and interest rates. Implement and maintain a computerized financial proforma model for community planning purposes; work with management to explore alternative business planning scenarios and identify an optimum financial plan.
Coordinate with Corporate Finance to ensure adherence to financial strategies and procedures and provide accessible financial analysis data. Maintain a market analysis database for project feasibility analysis; understand the competitive market by visiting sites and analyzing pricing, features, and costs. Assist in Greenfolder process by preparation of vestacalcs and other charts, graphs, and reports as required.
Formulate budgets for assigned programs/projects and administer related vendor contracts, change orders, check requests, and invoices. Prepare and periodically update annual objectives, budgets, and schedules. Qualifications Bachelor’s Degree required in Business, Economics, Real Estate, Finance, or related discipline. 3–5 years of related experience preferred.
Basic understanding of real estate and residential land use; local real estate knowledge is highly beneficial. Highly proficient in Microsoft Excel, Word, and PowerPoint; working knowledge of mapping applications. Detail-oriented with strong analytical, logical thinking and problem-solving abilities.
Excellent interpersonal, written, and verbal communication skills. Work Environment & Physical Requirements Regular, in-person attendance at Company communities, job sites, and offices during regular work hours is an essential function. The role may require more than eight hours per day in construction trailers, the ability to operate a motor vehicle, read plans, climb stairs and ladders, bend, stoop, reach, lift, move, or carry equipment up to 50 pounds, and occasional operation of construction equipment.
Finger dexterity may be required to operate a computer keyboard and calculator. Compensation & Benefits General overview of compensation and benefits: base salary expected to range from $50,939.08 to $91,137, with adjustments based on business-related factors such as qualifications and geographic pay differentials. The position may be eligible for bonuses and commissions.
Benefits include health insurance plans (Medical, Dental, Vision), a 401(k) plan with a dollar-for-dollar company match up to 5%, paid parental leave, an Associate Assistance Plan, Education Assistance, adoption assistance up to $30,000, vacation, holiday, sick leave, and personal day policies, a New Hire Referral Bonus Program, home purchase discounts, and other programs as defined by Lennar policies. Visit Lennar’s total rewards site for details. Equal Opportunity Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. #J-18808-Ljbffr