Development Analyst

GGP • Chicago, IL

7d • $70,000 - $85,000

About The Position

The Development Analyst provides key support to the development department and functions as an integral member of the project team. This role is responsible for preparing monthly and quarterly financial reporting, departmental budgets, project proformas, and activity tracking reports, as well as maintaining the development project database. In addition, the Development Analyst supports the team by providing training and expertise on the software systems used within the department, serving as a primary resource for technology support and process optimization.

Requirements

• High school diploma or GED required.
• Bachelor's degree required, preferably in Finance, Real Estate, or a related field.
• Minimum of 2 years of experience in real estate, finance or development related work.
• Strong technical aptitude with the ability to quickly learn and adapt to new software is a plus.
• Proficient in Microsoft Office Suite, with a focus on Excel and Access.
• Excellent interpersonal, written and verbal communication skills, with the ability to collaborate effectively across teams.
• Ability to manage multiple projects of varying complexity while effectively prioritizing tasks and meeting deadlines.

Nice To Haves

• Familiarity with JD Edwards, PMWeb, and Yardi is a plus.
• Strong technical aptitude with the ability to quickly learn and adapt to new software is a plus.

Responsibilities

• Coordinate and prepare project financial reporting, including proforma updates, partner reporting, draw requests, internal and external company reporting ensuring accuracy and timeliness.
• Support developers with proforma preparation, maintaining accuracy and integrity while monitoring and evaluating investment decisions throughout the project.
• Assist development managers with budget preparation, including corporate departmental budgets and capital planning for the development pipeline.
• Provide support to the tenant coordination group through ad hoc reporting, database creation, and ongoing maintenance.
• Serves as the primary liaison for the department’s project management software.
• Perform problem-solving and reconciliation with the development accounting and contract administration teams.
• Evaluate the economics of leasing deals and anchor agreements, analyzing their impact on project returns.
• Assists in the coordination and preparation of all required documentation for lenders related to development projects.
• Assist in the implementation of new processes or tools, support enhancement initiatives, and help identify future departmental needs.
• Provide training to new and existing employees on new initiatives or processes as they are introduced.
• Additional tasks as assigned.

Benefits

• Competitive compensation
• Medical, Dental and Vision beginning day 1
• 401(k)
• Company matching 401(k)
• Vests on Day 1
• Career development programs
• Charitable donation matching
• Generous paid time off (i.e., vacation, personal holidays, paid sick time)
• Paid Volunteer Hours
• Paid Parental Leave
• Family planning assistance including IVF, surrogacy, and adoption options
• Wellness and mental health resources
• Pet insurance offering
• Childcare Assistance
• Commuter benefits
• A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together.
• We are proud to create a diverse environment and are proud to be an equal opportunity employer.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level