Position: Development Analyst

 

The Development Manager is responsible for providing detailed financial analysis for potential new development opportunities and investments, conducting market research and analysis, supporting and managing due diligence on new opportunities, preparing internal reporting and information packages for presentation and financing purposes and generally providing deal-level support and assistance as needed.
Location
Birmingham, Alabama
Job Type
Full-time
Education Required
Bachelor Degree

Duties & Responsibilities:

 

  • Uphold Vision (Values, Purpose & Mission) of StoneRiver Company
  • Create and refine detailed financial models, conduct comprehensive underwriting with clear delivery of investment yield, returns under a variety of alternative scenarios.
  • Conduct market research and analysis to support valuations through internal resources and third-party resources, as needed
  • Coordinate investor reporting for investor and lender use
  • Assist with Due Diligence tasks on existing and pipeline transactions
  • Help prepare investment presentation materials for internal and external users
  • Assist with development site evaluation and preparation
  • Work with leadership to identify opportunities to source sound investments in new and existing markets
  • Support the StoneRiver team concept, providing timely communication amongst the various in-house departments (management, operations, accounting, asset management, and legal)
  • Experienced in collaborating effectively with remote, on-site, and non-HQ teams
  • Willing and able to travel as needed to support non-HQ team members, site visits, market diligence, stakeholder meetings, and project execution across SRC markets

Training Experience:

 

  • 2+ years of industry related financial analysis experience

Preferred Educational Requirements:

 

  • Bachelor’s Degree, preferably with a concentration in real estate, finance, mathematics, construction/development, general finance or similar degree

In order to be successful in this position, the following competencies must be evident:

 

  • Initiative: this person must be an extremely resourceful self-starter, able to work independently, and take strong initiative, working additional hours when necessary
  • Prioritization and Organization: the position requires an ability to manage a diverse array of responsibilities involving multiple internal and external personnel.  Managing timelines and deadlines is essential, so this individual must be able to effectively prioritize duties on a continual basis.
  • Excellent verbal and written communication skills
  • Excellent computer skills with the ability to create customized research reports and to integrate data into existing database formats – Proficient in Microsoft Office Products (Word, Excel, Outlook)

Licenses and Certifications:

 

  • Valid Driver’s License – must be insurable under the underwriting guidelines of an insurance provider