Development Asset Management Analyst (Boston Hq)

WinnCompanies is looking for a Development Asset Management Analyst to join our Corporate Office located in Boston, MA. In this role, you will have the primary responsibility of working with the Vice President of Development Asset Management on various analytical projects that ensure the effective execution of key residential real estate development performance metrics. This entails being integrally involved in all phases of the development, which includes the initial offer through the stages of acquisition, construction, cost certification and stabilization. The Development Asset Management Analyst also takes lead on identifying and implementing business initiatives focused on development team efficiency and effectiveness improvements.
Please note that this is a hybrid position which work schedule consists of: Monday through Friday, from 8:00AM to 5:00PM
\n ResponsibilitiesMaintain and manage the Winn Development Department's existing and prospective property database that includes key deal data and milestone dates. Use this information to Lead both internal and external (i.e. audit/accounting firms, investors, and other stakeholders) Development pipeline review meetings.Play an integral role in providing feedback to develop working efficiencies for the department. This includes assisting in the customized design of existing software platforms to maximize access to meaningful deal performance data in real-time for optimal analytical decision making. Assist in establishing and reinforcing processes and procedures which ensure the maintenance and accuracy of the portfolio data being published across the platform(s).Track and manage a host of updated tax credit delivery and tax exempt bond program compliance calculations across the development portfolio. This includes managing the renewable tax credit (ITC) projections across the portfolio and take appropriate action to ensure steps are being made to perfect credit delivery and monetizing with investors as appropriate. Also involves researching the taxability of various project awards. Also including tracking the production status of Deal Summary Memos (internal investment plan) and Transition Memos (operation business plan post rehab completion) .Plan, organize and lead the execution of internal Development Meetings for active development projects where Project Managers present a full project update to Senior Management.Ensure financial reporting requirements to various stakeholders are distributed on a recurring basis for the active development portfolio (during the Development period only). Includes preparing equity adjuster calculations based on eligible basis estimates provided by the development accounting team.Assist in the preparation of Winn Development Company budget revenue by reconciling actual activity and forecasting future development fee revenue. This involves coordinating with project teams to obtain most recent fee projection info. Update Deferred Development Fee tacker fee and other key portfolio schedules on annual basis in conjunction basis in conjunction with audit objectives.Prepare deal profitability analysis across spectrum of development portfolio deals which considers project overhead based on time tracking allocation and other costs considerations. Prepare portfolio leverage projections for lenders. Prepare model sensitivity analysis for investors and lenders in conjunction with deal term modification requests.Examine and interpret deal document language as necessary to ensure compliance with deal terms RequirementsBachelor's degree.1 - 3 years of related work experience. Strong understanding of text book accounting fundamentals.Experience with computer systems, particularly Microsoft Office Suites.Outstanding verbal and written communication skills.Excellent customer service skills. Ability to manage multiple assignments and tasks.Ability to focus, achieve deadlines and work with a dynamic team of professionals.Positive attitude and a strong work ethic.Ability to take initiative and work independently. Preferred QualificationsOutstanding leadership skills.
\nOur Benefits: Permanent full-time US employees are eligible to participate in the following benefits:
- Generous time off policies (including 11 paid holidays (12 for MA employees); Generous Accrued Time Off increasing with years of service; Generous paid sick time; Annual day of service; Floating Holiday)
- 401(k) plan options with a company match
- Various Comprehensive Medical, Dental, & Vision plan options
- Flexible Spending Account, Dependent Care Flexible Spending Account, Health Savings Account options with HSA annual employer contribution
- Long Term Disability and voluntary Short Term Disability; Basic Term Life Insurance and AD&D; optional supplemental life insurance
- Health Expense Reimbursement program (including gym memberships, equipment, and subscriptions)
- Tuition Reimbursement program and continuous training and development opportunities
- Wellbeing program (group challenges, seminars, opportunities to earn points to reduce medical premiums), Employee Assistance Program, & Commuter and Parking Reimbursement options
- Employee Corporate Discount Programs (Verizon Wireless, Home Depot Pro, Staples, and more!)
- Flexible and/or Hybrid schedules are available for certain roles
- Employee Relief Program supporting employees with unexpected hardships that place undue financial stress on them and their families
- To learn more, visit winnbenefits.com Why WinnCompanies? A job you can be proud of: WinnCompanies is a nationally recognized leader in apartment community management and development. Our team members are committed to helping people in the communities we serve and making a positive difference in their lives. 
A job that challenges you: Our employees are responsible for our growth and success, and we challenge our team members to always be their best in our fast-paced, dynamic and rewarding workplace. 
A job you can learn from: We offer multi-faceted leadership and learning opportunities to support our team members' career growth and professional development.
A team that cares: We value teamwork, innovation, diversity and mutual respect. Through our recognition and rewards programs, we're committed to celebrating and uplifting our team members.
About Us: WinnCompanies is a mission-driven, national business focused on building and operating top quality affordable housing communities for individuals and families of all incomes, including members of the U.S. Armed Forces and their families. Our people are the source of our success – 4,400+ team members working together to create the best possible living communities in 24 states, Washington, D.C., and Puerto Rico.
Whether your skills are in operations, maintenance, leasing, compliance, marketing, IT, HR, accounting or finance, there's a role for you at WinnCompanies. Your passion for excellence can help us make a positive impact in the lives of real people every day.
If you are a California Resident, please see our Notice of Collection here.
Current Winn employees should apply through this internal link.