Requisition # 2017-7176
Department Housing & Real Estate Services
Category Financial Services and Procurement
Date Posted 2/17/2017
Full-Time / Part-Time Full-Time
Application Deadline ..
In concert with its commitment to academic excellence, Princeton University has long been dedicated to providing a wide range of housing options not only for undergraduate and graduate students but for faculty and staff as well. Towards this end, the University owns and manages a diverse portfolio of dormitory and residential properties on- and off-campus. Housing and Real Estate Services is responsible for the management and oversight of the University's housing portfolio.
The scale of housing operations at Princeton is unique and diverse with 5,700 dormitory beds for undergraduate and graduate students on campus, and 1,300 off-campus housing units available to faculty, staff and graduate students, including both single family homes and apartment rental options. Currently, the University's rental and apartment housing program provides approximately 700 units for graduate students and 600 for faculty and staff. Together, these housing units accommodate 2,400 students and members of the faculty and staff in numerous facilities, including apartment buildings and single-family residences. In addition, through the University's Residential Purchase Program (RPP), eligible employees are able to purchase homes in close proximity to campus at a fair-market value price established by the University.
Housing and Real Estate Services is seeking to fill the role of Capital Planning Analyst to develop and support the initiation and execution of the Housing and Real Estate Services (HRES) capital plan which encompasses all aspects of the department's portfolio - dormitories, rental inventory and Princeton Faculty Residential Purchase Plan properties. Reporting to the Director of Housing, the successful candidate will develop a capital planning framework and will collaborate with senior HRES and University Services leadership to ensure that projects are effectively planned and approved, and successfully completed while sustaining essential housing capacity.
- Lead in the development of and provide technical support for identifying, prioritizing, and implementing cyclical investments in dormitory housing, rental apartment housing, and homes in Princeton University's residential purchase plan.
- Upon the plan's development, maintain data and produce reports in support of long-range planning and building project program development.
- Integrate demand and capacity models in the capital investment process and develop forecasting models to assist in future planning.
- Coordinate the efforts of inter-disciplinary work teams incorporating the University's housing, facilities, finance, and other divisions.
- Collaborate with colleagues to integrate operating budget impacts into analysis of renovation/renewal projects within the dormitory, rental, and purchase plan property portfolios.
- Perform debt capacity analyses and create multi-year financial projections.
- Develop Housing and Real Estate Services annual and multi-year capital budgets.
- Working with colleagues to track and document construction projects, including design, approvals, construction, and occupancy planning.
- Coordinate the engagement of external consultants performing facilities condition audits and other functions that contribute to capital planning for the University's residential properties.
- Track projects through all phases of the planning and construction process and communicate overall program budget health to senior leadership on a regular basis.
- Work with the Directors of Housing and Real Estate Services to effectively phase capital projects based on technical and capacity inputs.
- Provide support for presentations to University committees and senior leadership around capital investments and project approvals.
- Bachelor's degree in related field or equivalent work experience to develop the necessary quantitative, financial analytics in relation to a capital program.
- 3-5 years of experience in budget planning and forecasting.
- Strong analytical skills and the ability to manage detail and organize data and related information for various key constituencies.
- Experience collaborating with cross-functional teams across a broad continuum of internal colleagues and facilities management professionals.
- Ability to work independently and to contribute to a team.
- Ability to effectively negotiate, communicate with, and influence internal and external partners.
- Strong written, oral, and interpersonal skills.
- Proficiency in working with different constituencies from designers to contractors.
- Ability to manage internal and external service providers throughout project lifecycles.
- Proficiency in working with computer applications and information systems, including Microsoft Excel, in data-driven analysis of facility planning and budgeting.
- Capacity to learn quickly, able to come up to speed on varied types of technical projects and credibly assist the team.
- Aptitude for establishing processes and relationships necessary to make a new position successful.
- 3-5 years of professional experience working with clients on the development of physical improvements, analysis of space needs and utilization and projecting future growth needs in a campus environment.
- Understanding of capital budgeting principles.
- Familiarity with industry standards pertaining to residential property management and stewardship.
- Understanding of the construction process (e.g., design, approvals, construction, occupancy planning, etc.).
- Experience in program planning, space needs and utilization, capital planning/budget estimating.
- Experience with PeopleSoft financials and capital budgeting preferred.
The final candidate must complete a background check successfully.
Princeton University is an Equal Opportunity/Affirmative Action Employer and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability status, protected veteran status, or any other characteristic protected by law. EEO IS THE LAW
Standard Weekly Hours
Eligible for Overtime
Essential Services Personnel (see policy for detail)
Physical Capacity Exam Required
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