Associate / associate

Overview

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.

Please review the job applicant privacy notice here.

Overview

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 - $140,000 (this represents the presently-anticipated low and high end of the Company’s base salary range for this position). This position is also eligible for discretionary bonus on an annual basis. Actual base salary range may vary based on various factors, including but not limited to location and experience.

Responsibilities

The Associate/Sr. Associate will play a vital role in the Financial Planning & Analysis team by guiding Analysts and 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, work on software implementation, and create interactive business intelligence tools and dashboards.
• Utilize third-party data to monitor and analyze market and industry trends. Data sources will include a range of different products (Yardi Matrix, Green Street, Bureau of Labor Statistics, etc.).
• Perform special ad hoc projects on a frequent basis.
• Support development of analysts through mentorship and training.

Qualifications

What you should have:

• Bachelor’s degree in business, finance, or accounting.
• A minimum of four (4) to six (6) 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, sumproduct, 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

The Company is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email View email address on jobs.institutedata.com.

EEO Statement

April Housing is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email View email address on jobs.institutedata.com