Financial Analyst (Entry Level)
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The Analyst will be an integral member of the finance team at Cascade, a private equity firm in the health care industry. Cascade is a large and growing firm with over $3b of healthcare assets under management.ย We have a best-in-class transaction team that has closed about $1b in transactions in the last 12 months. ย ย
The ideal candidate will evaluate and analyze new opportunities and perform monthly analysis on Cascadeโs current portfolio under management. Cascadeโs portfolio is rapidly expanding and mainly consists of health care real estate in the skilled nursing and assisted living space. The Analyst will gain client exposure and will develop skill sets in the fundamentals of valuation, business strategy and financial analysis. Growth opportunities include the chance to develop skills in financial modeling, underwriting, finance, deal structuring, and capital markets.
The role will perform a diverse range of duties that entails analyzing both investor-owned and owner-occupied properties across the healthcare space.
ยทย ย ย ย ย ย ย ย Performing credit analysis and bench marking key performance metrics
ยทย ย ย ย ย ย ย ย Assisting in the development and production of proposals and presentations
ยทย ย ย ย ย ย ย ย Interacting with members of corporate management teams and financial sponsors
ยทย ย ย ย ย ย ย ย The role is responsible for supporting the team in assessing new deal opportunity memorandums, closing and accurate funding of loans, performing annual reviews and assembling analytical reports as requested by management.
ยทย ย ย ย ย ย ย ย Analyze new loan opportunities, property operating performance and financial health by reviewing tax returns, financial data, market data, appraisals, etc
ยทย ย ย ย ย ย ย ย Due diligence support will entail gathering critical data, preparing market analyses, and property-level financial evaluations
ยทย ย ย ย ย ย ย ย A commitment to meeting tight deadlines
ยทย ย ย ย ย ย ย ย Other responsibilities and projects as assigned.
Monthly Responsibilities:
ยทย ย ย ย ย ย ย ย Work with operator financials to determine large P&L variances. Use this data to assist Asset Managers in their discussions with operators.ย
ยทย ย ย ย ย ย ย ย Perform ad hoc revenue and expense analysis. In addition, analyze non-financial market trends such demographics, hospital discharge data, regional income stats, etc.ย
ยทย ย ย ย ย ย ย ย Assist Cascade underwriting department on assessing acquisition opportunities and working with seller groups to organize and package information for lenders/operators.
Benefits of Cascade:
ยทย ย ย ย ย ย ย ย Health insurance, 401k match plus Unlimited PTO. Flexibility to work remote as needed; in general youโll work from the Cascade office in Skokie, IL.
ยทย ย ย ย ย ย ย ย Work with a small team and interact with all departments at Cascade - acquisitions, accounting, asset management etc.
ยทย ย ย ย ย ย ย ย Office Gym and Kitchen with snacks and drinks provided.
Analyst preferred Skills:
ยทย ย ย ย ย ย ย ย 0-3 years of relevant full-time work experience in finance, accounting, business, real estate or healthcare
ยทย ย ย ย ย ย ย ย A BA/BS with demonstrated coursework in finance, economics, accounting, mathematics or related subjects (or analytical work experience in lieu of such coursework)
ยทย ย ย ย ย ย ย ย Passion for health system strategy and finance
ยทย ย ย ย ย ย ย ย Strong quantitative and analytical skills including experience in valuation, financial modeling and analysis
ยทย ย ย ย ย ย ย ย Knowledge of various data mining techniques to generate business insight
ยทย ย ย ย ย ย ย ย Advanced skills in Excel (macros, VBA)