Development Associate

Job Description

Job Description

Salary:

Summary

The Development Associate will be key support in the life cycle development of a diverse portfolio of product types. The ideal candidate will have field, preconstruction, and development experience. They will support the Director in moving a project concept through predevelopment and into construction including support in entitlements, pricing, procurement, construction analysis, and change management.

Direct Supervisor: Director of Predevelopment and Project Controls

Location: Miami, FL

Project Budgeting and Financial Analysis

• Contribute to the development and refinement of project budgets.
• Track and explain variances between actual results and forecasts/budgets.
• Prepare initial quarterly project cash flow analysis.
• Track paid-to-date and aid in projecting remaining spend and to-be-bought items.
• Prepare change order assessment and reviews, including quantity take-offs and cost breakdowns.

Project Management & Execution

• Assist in monitoring and reporting monthly on project timelines, schedules, and key milestones.
• Assist in the monitoring and reporting on construction site progress (work-in-place).
• Participate in site inspections and provide reports for quality control, payment application review, and early warning reporting.
• Support the Director in evaluating zoning and code compliance.
• Update Procore project management tools to keep drawings, submittals, RFIs, financials, and other metrics up to date.

RFQ/RFP & Stakeholder Engagement

• Assist in the compilation and organize documentation required for RFQ/RFP submissions.
• Support the drafting and submission of RFQ/RFP responses.
• Assist in coordinating consultant/contractor outreach and stakeholder engagement.
• Coordinate small vendor procurement processes, including:
  • researching qualified contractors and vendors.
  • Attend interviews and evaluating proposals.
  • Assist in drafting scopes of work and recommending vendors for award.
  • Assisting with contract setup, insurance verification, and schedule coordination.

Research & Due Diligence

• Coordinate third-party reports such as environmental, geotechnical, and survey data. Provide high level summary of the reports for consideration.
• Coordinate physical due diligence efforts for potential acquisitions, including contract analysis, budget development, and consultant engagement.
• Assist in securing governmental approvals, permits, and entitlements.
• Assist in executing special projects and analytical assignments for senior leadership, delivering clear, actionable insights and recommendations.
• Work with other departments to prepare entitlements and prepare sites for development.

Experience

• University degree in Construction Management, Project Management, Engineering or related field.
• Minimum 5-7 years of experience in real estate development (owner, general contractor, quantity surveyor).
• Proficient in MS Office (Word, Excel), Primavera P6, MS Project, Procore, or similar project management software.
• A working knowledge of accounting and financial reporting, budgeting, scheduling and processes as they relate to corporate real estate, design and construction.
• Ability to comprehend construction drawings and specifications swiftly and thoroughly.
• Experience participating in project teams through a virtual setting.
• Comfortable working in a fast-paced environment with shifting priorities.
• Willing and able to travel locally and internationally as needed (minimal).