Senior Director Performance Reporting
Company: USAA Real Estate
Location: San Antonio
Posted on: May 16, 2022
Job Description:
Company Overview
With approximately $29 billion in assets under management and 11
global offices, USAA Real Estate is an industry leader in
acquiring, developing, financing and managing the highest quality
real estate assets in North America and Europe. The mission of USAA
Real Estate is to serve the financial interests of its investor
clients by strengthening the profitability and diversity of the
USAA investment portfolio, which includes multifamily, industrial,
office and hotel properties, as well as e-commerce logistics and
distribution centers, media production facilities and data centers.
Aligned with a series of strategic partnerships cultivated over
decades of co-investment, USAA Real Estate engages with preeminent
sector leaders demonstrating proven domain expertise in a shared
drive to achieve superior, risk-adjusted returns. For more
information, visit usrealco.com.
Job Description
The Senior Director, Performance Reporting works closely with the
Head of the Corporate Finance Team, the Chief Financial Officer,
and the senior leadership team to synthesize and interpret
performance of the Company's investment programs and underlying
investments. -This position will own historical performance metric
calculations for reporting and will assist in delivering
actionable, performance-based insights for communicating to and
assisting senior management with decision making. - -
Essential Duties:
- Manage in the calculation of recurring historical performance
measures, including money (IRR) and time-weighted returns, equity
multiples, waterfalls and related incentive fees and promotes
relied upon by business units and disclosed in both investor
reports and financial statement footnote disclosures.
- Manage data streams to benchmark service providers, interpret
performance results through the use of attribution methods and
analysis and communicate results to senior management and
colleagues both orally and in written form, as required.
- Interpret and summarize quarterly NCREIF index releases relied
upon for benchmarking purposes and use related querying and
analytical tools to glean insights into relative
performance.
- Collaborate with IT and accounting personnel to further
automate performance calculations through Yardi's performance-based
system. To that end, assist IT and lead automation efforts to
assemble, validate and store relevant performance-related data from
multiple sources and make them available real-time.
- Assist in the creation and maintenance of baseline models that
are relied upon by Portfolio Management in performing further
sensitivity and scenario ad-hoc analyses.
- Assist in the design, implementation and monitoring of
performance-based workflows amongst the Accounting, Asset
Management, Portfolio Management, Global Investors Group (GIG), and
Marketing units to streamline and ensure an efficient quarter-end
analysis and reporting process.
- Recommend appropriate disclosures for performance metrics and
other calculations in according with SEC guidance and
expectations.
- Closely interact with and assist the Portfolio Management and
GIG units in responding in a timely and accurate manner to ad-hoc
portfolio management and client performance-based
requests.
- Perform other essential duties as assigned.
Requirements
- Bachelor's degree in Finance, -Math, Accounting or related
field.
- 10+ years of Performance Measurement or relevant quantitative
experience.
- Fundamental -understanding of performing -recurring performance
measure calculations, as well as interpreting -and communicating
results in a clear and concise manner.
- Strong knowledge of capital markets, business cycles, and
monetary policies and their interrelated relationships with the
institutional real estate industry and direct and indirect
influence on performance.
- Must be willing to work on-site and show proof of COVID-19
vaccination (or request and receive an authorized
exemption).
- Qualifications may warrant placement in a different job
title.
Key Competencies:
- Ability to work with colleagues to achieve broader
organizational goals.
- Strong project management skills, attention to detail and the
ability to multi-task under recurring time constraints.
- Strategic thinking and ability to influence
decision-making.
- Exceptional written and verbal communication skill.
- Proficiency in Office applications, particularly
Excel.
- Accuracy and attention to detail.
- Ability to prioritize assignments to meet numerous
deadlines.
- Excellent analytical, quantitative and problem-solving
skills.
At -USAA Real Estate our employees enjoy generous benefits packages
including comprehensive medical, dental and vision plans, 401k,
educational and professional designation assistance, business
casual dress attire and much more! Qualified applicants must
successfully complete a pre-employment background and drug screen.
- The above description reflects the details considered necessary
to describe the principal functions of the job and should not be
construed as a detailed description of all the work requirements
that may be performed in the job.
USAA Real Estate Company is an Equal Opportunity and Affirmative
Action Employer of Females, Minorities, Veterans and Disabled.
Keywords: USAA Real Estate, San Antonio , Senior Director Performance Reporting, Accounting, Auditing , San Antonio, Texas
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