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Asset Operations Financial Analyst

Maryland Economic Development Corporation · Baltimore, Maryland, United States

FULL TIMEpermanent

Job Description

Mission Statement:MEDCO’s legislative purpose is to relieve unemployment in the State, encourage an increase of business activity and commerce and a balanced economy, help retain and attract business activity and commerce, promote economic development, and promote the health, safety, right of gainful employment, and welfare of residents of Maryland. MEDCO is guided in our work by our objectives (target industry development, innovation capacity development, support inclusive and equitable economic growth, and strategic placemaking) and our values (equity, integrity, community, and excellence).   

Below covers everything you need to know about what this opportunity entails, as well as what is expected from applicants.
Position Summary:The Asset Operations Financial Analyst supports the Asset Operations and Compliance Management (AOCM) team in the financial and operational oversight of MEDCO-owned and financed assets. Asset types consist of student housing, parking facilities, hotels, sports parks, and other various economic development projects. This role ensures long-term portfolio performance and financial viability throughout the life of the bond through budget monitoring, forecasting, financial compliance reviews, and cash projections via waterfall analysis. Serving as a key financial liaison between property managers, project partners, trustees, and internal stakeholders, the analyst provides the critical data-driven reporting and recommendations necessary to support asset managers and departmental leadership.
ResponsibilitiesFinancial Health, Oversight & Support in Asset MonitoringOptimize Portfolio Health: Monitor the ongoing financial viability and performance of student housing, parking, and economic development assets to ensure alignment with financial targets.Enforce Compliance & Requirements: Track project compliance and financial health metrics against bond documents, operating agreements, debt coverage ratios, and industry best practices.Track Operational Performance: Evaluate key indicators, including Net Operating Income (NOI), Debt Service Coverage Ratios (DSCR), occupancy trends, accounts receivables, and budget variances, to flag emerging risks and opportunities.Manage Cash & Waterfall Analysis: Oversee project cash flows, reserve balances, and waterfall analyses to secure long-term project viability and support asset managers.Oversee Project Expenditures: Monitor capital improvement spending and project expenditure against authorized budgets and financing boundaries.
Financial Forecasting, Budgeting & ReportingDrive Financial Forecasting: Develop dynamic financial models, forecasts, and sensitivity analyses to project how operational and market changes impact asset performance.Oversee Budgeting Lifecycle: Manage the execution and rigorous variance analysis of annual operating and capital budgets in coordination with asset managers and key stakeholders such as property managers & end users.Deliver Actionable Reporting: Produce high-level financial reports, trend insights, and strategic recommendations for management, the Board, and external stakeholders.Facilitate External Reporting: Support the preparation of financial data and reporting requirements for annual audits, rating agencies, lenders, and trustees.Daily Financial Monitoring Efforts: Monitor cash flow, banking activities, invoices, receivables, and account balances to ensure timely and accurate financial transactions.Stakeholder Collaboration & Process ControlAct as a Financial Liaison: Serve as the financial point of contact for property managers, project partners, trustees, and internal leadership to safeguard project assets.Process Improvement on Financial Systems: Support in the collaborative efforts to enhance internal financial controls, financial templates, financial performance-monitoring tools, and reporting workflows to increase departmental efficiency and data accuracy.Maintain Data Integrity: Manage core financial data and records to ensure accurate reporting and compliant decision-making.Assist with special projects, research initiatives, and strategic planning efforts.
Qualifications
Education and ExperienceBachelor's degree in Finance, or a related field, or equivalent work experience.3-5+ years of experience in financial analysis, accounting, project finance, commercial real estate, student housing, infrastructure finance, or related fields.Experience reviewing and developing financial statements, budgets, forecasts, cash flow projects, and financial compliance documentation.Experience with public finance, bond-financed projects, economic development, student housing, or real estate operations is preferred.Knowledge and SkillsStrong financial analysis, budgeting, forecasting, financial modeling, and financial statement review skills. Knowledge of asset management, reserve requirements, debt financing structures, and financial reporting. Advanced Excel skills and proficiency with Microsoft Office and virtual collaboration platforms. Experience with financial systems, accounting software, asset management platforms, and business intelligence tools preferred. Strong analytical, problem-solving, communication, and organizational skills with attention to detail. Ability to work independently, collaborate across teams, and build effective stakeholder relationships.Work Environment: Work performed in an office environment.
Physical Requirements: This role routinely uses standard office equipment such as computers, telephones, photocopiers, filing cabinets, etc. This is largely a sedentary role; however, some filing is required. Requires the ability to lift files, open filing cabinets and bend or stand as necessary. Basic writing and penmanship skills needed to read and notate note maps, blueprints, etc.   Must be able to read and interpret blueprints.Must be able to read and interpret complex economic data.May require intermediate to advanced math calculations including formulas, commissions, discounts, etc. Must be able to lift up to 10 pounds. Travel Requirements:Travel may be necessary, up to 10% of the time (local). Would require travel by air, car, rail.
Salary Range:$90,000- $105,000
Benefits:Medical/Dental/Vision InsuranceRetirement PlanPaid Time OffPaid HolidaysLife/AD&D InsuranceSupplemental Insurance
Disclaimer:This job description indicates in general the nature and levels of work, knowledge, skills, abilities and other essential functions (as covered under the Americans with Disabilities Act) expected of an incumbent. It is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities required of an incumbent. xzbcwsv  An incumbent may be asked to perform other duties as required.

Details

CompanyMaryland Economic Development Corporation
LocationBaltimore, Maryland, United States
TypeFULL TIME
Nichefinance
Experiencepermanent

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