Real Estate Financial Analyst

Real Estate Analyst

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Position Summary

The Real Estate Analyst will be responsible for producing financial insights that will be used to develop and support the company's real estate portfolio strategy, in alignment with Duke Energy's corporate strategies. The role will provide cost, economic, and accounting analyses to inform decision-making across the Real Estate organization and will analyze potential strategies to determine the financial impact to the corporation for long- and short-term real estate commitments. This role will work on projects that touch a variety of real estate types, including corporate offices, field offices, industrial space, generating stations, renewables sites, substations, and land holdings. This role will report to the Manager, Real Estate Portfolio Strategy, and will primarily interact with Portfolio Managers, Transaction Managers, Land Representatives, and Real Estate leadership. This role will also serve Real Estate's primary contact with Duke Energy's Finance, Accounting, Tax, and Treasury organizations. The role will :

• Develop analytical models to evaluate real estate options that support a corporate or business real estate need.
• Support Real Estate team members on various real estate transaction activities including disposition of surplus real estate, acquisition of property, and acquisition of leases.
• Support the Real Estate organization in obtaining market data.
• Contribute to business case development for major corporate or business real estate projects that must be submitted for executive approval in accordance with Duke Energy's policies.

Responsibilities

Participate as a financial subject-matter-expert to the entire Real Estate organization. Collaborate within a team structure to develop sound solutions that drive real estate strategy. Perform financial and cash flow modeling. Create and maintain detailed analytical models to quantitatively evaluate business decisions. Use financial metrics to evaluate real estate strategies. Analyze accounting information to forecast earnings impacts of Real Estate strategies. Serve as a single point of contact between the Real Estate organization and the Finance, Accounting, Tax, and Treasury organizations. Contribute financial expertise to business case development for major corporate or business real estate projects that must be submitted for Executive approval in accordance with Duke Energy's "Approval of Business Transactions Policy" including supporting the preparation of appropriate documentation that must be submitted to the Transaction Review Committee and the Board of Directors for approval of transactions. Support various real estate transaction activities including disposition of surplus real estate, acquisition of property, and acquisition of leases. Perform data analysis and reviews of various real estate related documentation. Conduct real estate market research. Provide real estate analytical skills including NPV evaluations, property valuation, market analysis, lease vs own analysis. Obtain and analyze market / economic data to support real estate decision-making. Remain abreast of current best practices, regulations, and laws relating to all Real Estate functions. Research professional journals and publications. Review information disseminated by Legal and Tax Departments, State Boards, etc., on changes to various real estate, tax laws and codes and ensures compliance by subordinates. Keep abreast of the commercial real estate market and real estate licensing regulations and laws. Network when able and exchange information with counterparts in other major corporations to build in best practices.

Required / Basic Qualifications

Bachelor's Degree in Real Estate, Finance, Business, Economics, or Accounting. Minimum of 1 year of related work experience.

Additional Preferred Qualifications

Knowledge of GAAP, specifically Utility and / or Real Estate accounting principles. Experience working with regulated utilities.

Working Conditions

Hybrid Mobility Classification Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to the assigned Duke Energy facility.

Specific Requirements

Demonstrated knowledge and ability to develop real estate financial evaluation models and to explain results in an understandable manner. Demonstrated ability to develop productive working relationships with customers and team members in order to develop and deliver a product that meets the corporation or business need. Demonstrated ability to evaluate "lease vs own" and "economic impact vs accounting impact" in order to meet the appropriate corporate or business need. Established real estate analytical skills including property valuation, market analysis and lease analysis. Understanding of commercial leases, including lease terms and conditions. Understanding of real estate accounting concepts. Excellent oral / written communications skills. Excellent Microsoft Excel skills. Excellent organization and documentation skills. Demonstrated integrity, values, principles and strong work ethic. Demonstrated time management skills with the ability to multi-task effectively while maintaining focus on priorities, along with exercising flexibility. Strong critical thinking and decision-making skills to avoid and overcome obstacles on difficult assignments. Ability to reach consensus among multiple parties with varying interests.

Travel Requirements

5-15% Relocation Assistance Provided (as applicable) No Represented / Union Position No Visa Sponsored Position No