Development Analyst

2 Months ago • 4 Years +

Job Summary

Job Description

The Senior Development Analyst will support all aspects of real estate development projects, including financial modeling with key investment metrics, project management with schedule maintenance and budget management. They will also be responsible for overseeing project budgets, reviewing invoices, and market research, including detailed market analysis of comps and market conditions. The role requires collaboration with consultants and a results-driven mindset.

Must have:

Bachelor’s degree in Engineering, Finance, Actuarial, Economics, or a related field
4+ years of experience in real estate development
Strong proficiency in Excel (financial modeling, cash flow projections, IRR, NPV)
Excellent organizational, communication, and problem-solving abilities
Proactive, self-motivated, and able to thrive in a fast-paced, entrepreneurial environment

Good to have:

Experience with ground-up development is a plus

Perks:

Comprehensive benefits package (Medical / Dental / Vision / Disability / Life)
Paid time off and 13 paid holidays
401(k) retirement plan
Healthcare and Dependent Care Flexible Spending Accounts (FSAs)
Access to HSA-compatible plans
Pre-tax commuter benefits
Employee Assistance Program (EAP), free therapy through SpringHealth, acupuncture, and other wellness offerings

4 skills required

4 skills required for this role

Add these skills to join the top 1% applicants for this job

excel

team-player

market-research

budget-management

Job Details

About the Company

Flow aims to create a superior living environment that enhances the lives of our residents and communities by developing, acquiring, owning, and managing multifamily apartment buildings and the services and technology inside those buildings.

Fulfilling our mission will require an exceptional group of people whose collective output is greater than the sum of its individual parts. Our team members are energized by the opportunity to impact our residents’ lives in meaningful ways. They are bold and creatively ambitious, driven by relentlessly high standards, act with a sense of urgency and accountability, and always, above all, operate with integrity, loyalty, and trust.

About the Role

We are seeking a Senior Development Analyst to support all aspects of real estate development projects.

Responsibilities

Financial Modeling
Produce sophisticated financial models for large development projects.
Conduct sensitivity analysis and scenario modeling. Calculate key investment metrics (IRR, equity multiple etc).
Provide timely explanations of variances between actual results and forecasts/budgets.
Project Management
Assist in the development process, including coordination of consultants, entitlements, and zoning.
Maintain project schedules up to date.
Prepare weekly project checklists and monthly project performance presentations.
Budget Management
Oversight of project budgets (approved changes, forecasted changes, variance reports).
Reviewing and approving all invoices for projects.
Prepare capital call requirements.
Market Research & Revenue Assumptions
Collaborate with third-party consultants to get periodic reliable market data.
Detailed market analysis of comps and market conditions (Supply/demand, absorption rates etc)

Ideal Background

Bachelor’s degree in Engineering, Finance, Actuarial, Economics, or a related field (required)
4+ years of experience in real estate development
Experience with ground-up development is a plus
Strong proficiency in Excel (financial modeling, cash flow projections, IRR, NPV)
Excellent organizational, communication, and problem-solving abilities
Proactive, self-motivated, and able to thrive in a fast-paced, entrepreneurial environment
A collaborative team player with a results-driven mindset

Benefits

• Comprehensive benefits package (Medical / Dental / Vision / Disability / Life)

• Paid time off and 13 paid holidays

• 401(k) retirement plan

• Healthcare and Dependent Care Flexible Spending Accounts (FSAs)

• Access to HSA-compatible plans

• Pre-tax commuter benefits

• Employee Assistance Program (EAP), free therapy through SpringHealth, acupuncture, and other wellness offerings

Flow is proud to be an equal opportunity workplace and hires regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity and/or expression, pregnancy, Veteran status any other characteristic protected by federal, state or local law. In addition, we provide reasonable accommodation for qualified individuals with disabilities.