Job Description

Summary of Position Requirements

Responsible for assisting the land acquisition team in project and financial analysis throughout the community development process.

#CB

Primary Duties and Responsibilities 

• Prepare gross revenues, profit margins, sources and uses of funds and related distribution projections, cash flow forecasts, break-even analysis, cost-basis and cost-of-sales analysis, return-on-assets, and internal rate of return
• Assist in financial feasibility analysis for each of the Division’s acquisitions opportunities
• Prepare underwriting proformas and related financial documentation for each asset acquired by Division
• Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for each of the Division’s disposition opportunities
• Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, etc.
• Implement and maintain a computerized financial proforma model for community planning (versus formal accounting and reporting) purposes.
• In close cooperation with other management associates, “game” alternative business planning scenarios leading to a recommended “optimum” financial plan
• Perform liaisons role with our Corporate Finance “customers” to ensure that the Division is adhering to all financial strategies and related procedures and is providing financial analysis date in a manner that ensures easy use
• Maintain market analysis database for use in project feasibility analysis
• Understand competitive market by visiting sites as required and collate and analyze competitive pricing, features, costs, etc.
• Assist in Greenfolder process by preparation of vestacalcs, and other charts, graphs and reports as required
• Formulate budgets for assigned programs/projects and administer related vendor contracts, change orders, check requests and invoices. Prepare and periodically update annual objectives, budges, and scheduled

• Reporting to the Director of Land Acquisition, assist in the financial feasibility and analysis for each of the Division’s acquisitions opportunities.

• Prepare underwriting proformas and related financial documentation for each asset acquired by Division.

• Prepare gross revenues, profit margins, sources and uses of funds and related distribution projections, cash flow forecasts, break-even analysis, cost-basis and cost-of-sales analysis, return-on-net-assets, and internal rate of return

• Perform asset sales pricing analysis (e.g., residual value analysis) and formulate/analyze financial deal points for each of the Division’s disposition opportunities

• Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, etc.

• Implement and maintain computerized financial proforma models for each community (versus formal accounting and reporting) purposes.

• In close cooperation with other management associates, “game” alternative business planning scenarios leading to a recommended “optimum” financial plan

• Perform liaisons role with our Corporate Finance “customers” to ensure that the Division is adhering to all financial strategies and related procedures and is providing financial analysis date in a manner that ensures easy use

• Maintain market analysis database for use in project feasibility analysis

• Understand competitive market by visiting sites as required and collate and analyze competitive pricing, features, costs, etc.

• Assist in Greenfolder process by preparation of financial underwriting, and other charts, graphs and reports as required

• Formulate budgets for assigned programs/projects and administer related vendor contracts, change orders, check requests and invoices. Prepare and periodically update annual objectives, budgets, and schedules

• Project coordination and file management for due diligence materials and tracking critical dates in the proprietary land database.

Education and Experience Requirements

• College degree required, preferred emphasis in finance, business, real estate or a related field
• Minimum two (2) years in land acquisition, land development and/or homebuilding experience
• Valid Driver’s license and good driving record required
• Valid auto insurance coverage required
• Computer expertise, including word-processing, spreadsheet analysis, project scheduling and data management software
• Must have advanced excel skills
• Ability to communicate effectively and concisely, both verbally and in writing.
• Must have excellent collaborative skills
• Must exercise initiative and achieve objectives with minimal supervision.
• Must be detail-oriented and a problem-solver able to deal with complex situations.