HF Group is an integrated financial solutions provider that is registered as a non–operating holding company (under the Banking Act Cap.488) and regulated by the Central Bank of Kenya (CBK). HFDI, is the property development and investment subsidiary of HF Group. Over the years, HFDI has been involved in the development of landmark estates including Buruburu and Komarock.
The Investment Analyst will be responsible for providing comprehensive financial analysis and support for the company’s real estate activities. This includes evaluating potential investments, managing financial reporting, developing financial models, and providing strategic insights to support decision-making related to acquisitions, dispositions, development projects, and asset management. The role holder will play a key role in acquisitions, project development analysis, asset management, and capital planning to ensure sound investment decisions and value creation within HFDI.
Deadline: 2025-06-07
Category: HFDI
Subsidiary: HFDI
Principle Accountabilities
Financial Modelling and Analysis:
- Develop and maintain sophisticated financial models for real estate acquisitions, developments, and portfolio performance analysis, including discounted cash flow (DCF), net present value (NPV), and internal rate of return (IRR) calculations.
- Conduct sensitivity analysis and scenario planning to assess potential risks and returns under various market conditions.
- Analyse financial statements, operating budgets, and variance reports to identify trends, opportunities, and potential issues.
Investment Analysis and Due Diligence:
- Evaluate potential real estate investment opportunities, including acquisitions, developments, and joint ventures, through thorough financial analysis and market research.
- Participate in the due diligence process, reviewing financial documents, leases, and other relevant information.
- Prepare investment memos and presentations summarizing findings and recommendations for senior management.
Budgeting and Forecasting:
- Assist in the development and monitoring of annual budgets and forecasts for real estate assets and projects.
- Track performance against budget and provide variance analysis with explanations and recommendations.
- Develop long-term financial projections to support strategic planning.
Financial Reporting:
- Prepare accurate and timely financial reports, including performance reports, variance analyses, and investor reports.
- Ensure compliance with accounting principles and reporting requirements.
- Assist with audits and tax preparations as needed.
Asset Management Support:
- Analyse the financial performance of existing real estate assets and identify opportunities for value enhancement and cost optimization.
- Support asset management teams with financial analysis related to leasing, capital improvements, and operational efficiency.
Market Research and Benchmarking:
- Conduct research on market trends, comparable transactions, and economic indicators to support financial analysis and valuation.
- Benchmark the financial performance of the company’s assets against industry peers.
Collaboration and Communication:
- Work closely with various internal teams, including acquisitions, development, asset management, and accounting.
- Communicate financial findings and recommendations clearly and effectively to both financial and non-financial stakeholders.
- Participate in team meetings and contribute to strategic discussions.
Key Competencies and Skills
Technical Competencies
i. Financial Modelling & Valuation:
- Proficiency in Building Models: Ability to construct complex financial models (e.g., discounted cash flow, pro forma analysis, sensitivity analysis) tailored to real estate investments and developments. This includes a deep understanding of the underlying assumptions and drivers.
- Valuation Expertise: Thorough understanding of various real estate valuation methodologies (e.g., income capitalization, sales comparison, cost approach) and when to apply each effectively.
- Scenario Planning & Sensitivity Analysis: Ability to model different scenarios and assess the impact of key variables (e.g., interest rates, occupancy, rental growth) on investment returns.
ii. Financial Statement Analysis:
- Deep Understanding: Ability to interpret and analyse financial statements (balance sheet, income statement, cash flow statement) specific to real estate entities and properties.
- Ratio Analysis: Skill in calculating and interpreting relevant financial ratios (e.g., debt service coverage ratio, loan-to-value, capitalization rate) to assess performance and risk.
iii. Investment Analysis & Due Diligence:
- Return Metrics: Expertise in calculating and interpreting key investment return metrics (e.g., IRR, NPV, ROI, cash-on-cash return).
- Due Diligence Skills: Ability to critically review financial documents, leases, operating agreements, and other relevant materials during the due diligence process.
iv. Budgeting & Forecasting:
- Budget Development: Skill in creating and managing budgets for real estate projects and portfolios.
- Forecasting Accuracy: Ability to develop reliable financial forecasts based on market trends, historical data, and operational assumptions.
- Variance Analysis: Ability to analyze budget-to-actual variances and provide insightful explanations.
v. Financial Reporting:
- Report Generation: Ability to prepare clear, concise, and accurate financial reports for various stakeholders (e.g., investors, lenders, management).
- Regulatory Compliance: Understanding of relevant accounting principles and reporting requirements in the real estate industry.
Real Estate Specific Competencies
i. Market Analysis:
- Understanding Market Drivers: Knowledge of key macroeconomic and microeconomic factors influencing real estate markets (e.g., demographics, employment trends, interest rates, supply/demand dynamics).
- Data Interpretation: Ability to analyze market data (e.g., vacancy rates, rental rates, sales comparables) to inform investment decisions.
ii. Real Estate Principles & Practices:
- Industry Knowledge: Understanding of different real estate asset classes (e.g., residential, commercial, industrial, land) and their unique characteristics.
- Lease Analysis: Ability to interpret and analyze lease agreements and their financial implications.
- Property Operations: Basic understanding of property management and operational aspects that impact financial performance.
iii. Real Estate Law & Regulations:
- Awareness: General awareness of relevant real estate laws, zoning regulations, and environmental considerations that can impact financial outcomes.
iv. Real Estate Technology:
- Software Proficiency: Familiarity with real estate-specific financial software (e.g., Argus Enterprise, Yardi, MRI) and data analytics tools.
General Competencies:
- Communication & Presentation: Ability to clearly and effectively communicate complex financial information to both financial and non-financial audiences, both verbally and in writing.
- Problem-Solving & Analytical Thinking: Ability to identify and analyse financial issues, develop creative solutions, and make data-driven recommendations.
- Attention to Detail & Accuracy: Meticulous approach to financial analysis and reporting to ensure accuracy and reliability.
- Collaboration & Teamwork: Ability to work effectively with cross-functional teams, including acquisitions, development, asset management, and legal.
- Business Acumen: Understanding of the broader business context and how financial decisions impact overall organizational strategy and profitability in the real estate industry.
- Ethical Conduct: Maintaining high ethical standards and integrity in all financial dealings.
Minimum Qualifications, Knowledge and Experience
Academic & Professional Qualifications
- Bachelor’s degree in Finance, Economics, Real Estate, Investment, or a related field.
- CFA certification, CPA, ACCA, or a Master’s degree in Finance/Investment is an added.
Experience
- 5 years of experience in financial analysis and modeling preferably within the real estate industry.
- Experience with real estate financial software (e.g., Argus Enterprise, MRI, Yardi).
- Knowledge of real estate law and regulations.
- Experience with specific real estate asset classes (e.g., commercial, residential, industrial).
