Jobs · OTHR · Florida

Development and Asset Management Associate

Sterling Organization · West Palm Beach, FL · 1 mo ago
On-siteOTHRFull-time

Key Responsibilities

  • Support development and construction activities across assigned projects, including budget tracking, cash flow forecasting, schedule monitoring, and project-level reporting.
  • Prepare, review, and process loan draw packages, including coordination of required documentation, funding requests, lender submissions, approvals, and related follow-ups.
  • Develop, maintain, and enhance advanced financial models to support development underwriting.
  • Track project budgets, commitments, change orders, invoices, contingency usage, and forecasted costs to completion, identifying variances and escalating potential risks or budget pressures.
  • Partner with internal Development, Construction, Investments, Asset Management, Finance, Accounting, Legal teams, and external consultants to ensure timely and accurate project execution and reporting.
  • Aid in preparing internal and external reporting materials, including project status updates, budget-to-actual summaries, cash flow analyses, lender reports, investor materials, and management presentations.
  • Maintain oversight of project risks and opportunities through detailed financial, operational, and market analysis, and assist in developing recommendations to improve project outcomes.

Qualifications & Experience

  • Bachelor’s degree in Finance, Real Estate, Accounting, Construction Management, Engineering, Economics, or a related field required.
  • 2–5 years of relevant experience in real estate development, construction finance, real estate investment, lending, or related financial analysis.
  • Experience working within an institutional real estate platform, investment manager, developer, lender, or owner/operator required.
  • Warehouse, industrial, or logistics real estate sector experience preferred.
  • Advanced financial modeling skills required and strong proficiency in Excel required, including experience building, maintaining, and interpreting development, construction, and cash flow models.
  • Experience with development budgeting, capital expenditure tracking, loan draw processing, project reporting, and related financial tools preferred.
  • Understanding of development and construction processes, including project budgeting, contract administration, change orders, schedules, capital draws, and cost-to-complete analysis.
  • High attention to detail with strong organizational skills and the ability to manage multiple projects, deadlines, and workstreams simultaneously.
  • Excellent written and verbal communication skills, including the ability to prepare clear financial analyses, project updates, and reporting materials for internal and external stakeholders.
  • Strong ownership mentality, sound judgment, and a hands-on, problem-solving attitude capable of thriving in a fast-paced, entrepreneurial environment.
  • Ability to work effectively with cross-functional teams and external partners while maintaining accuracy, accountability, and professionalism.

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