Development Associate- Ward Village

ds of homes, in what Architectural Digest named "Best-Planned Community in the United States." Ward Village is the first-ever LEED-ND Platinum-certified master-planned community in the country, and the only in Hawai'i. At the forefront of sustainable development, it features public amenities at a scale not offered by any other urban community in the state. For more information, visit https://www.wardvillage.com .

We are seeking a Development Associate to drive the decision support, analytics and reporting for the Development team in our Honolulu office at Ward Village. This position will play an instrumental role in defining how we measure business performance, building and maintaining our financial models, and preparing ad hoc analyses in response to questions from internal and external stakeholders. This individual will be responsible for all aspects of project financial underwriting, forecasting, and reporting and will cultivate partnerships with various stakeholders to drive strategic and financial results. The ideal candidate must be a self-starter with excellent quantitative skills, a strong academic record, and passion for real estate development.

What You Will Do

• Play a key role in the financial analysis of existing and future development opportunities

• Create and update underwriting models in excel for retail, residential, and mixed-use projects

• Perform ad-hoc financial modeling to analyze impact of various scenarios on project yields

• Contribute to the preparation of investment memorandums and presentations

• Provide project management support throughout the development process of design, entitlement, sales, construction, financing and closing phases

• Support the creation of lender offering memorandums, reporting requirements and due diligence

• Create and manage project schedules, budgets, cost exposures, and revenue forecasts

• Lead the coordination, organization, and execution of monthly budgeting, quarterly forecasting, and financial business case development

• Acquire and maintain an understanding of the strategies, priorities, and issues of the Development team

• Proactively communicate business implications observed from analyses, contribute ideas and solutions to business challenges / problems, and provide insight through analysis

• Proactively identify and lead opportunities for process improvements and simplification

• Establish and maintain relationships with a broad base of key stakeholders and serve as a key point of contact for financial matters

About You

• 4 or more years of relevant work experience with a bachelor's degree in finance, engineering, accounting, mathematics, economics, statistics or related quantitative field

• At least 2 years of relevant financial analysis work experience in real estate finance, investment banking, management consulting, or corporate finance

• Ability to apply relevant financial theory and analysis and develop financial models

• Highly proficient with Microsoft Excel, PowerPoint, and Word

• Proven expertise in modeling techniques, managing large data sets, comparative analysis, budgeting, forecasting, and ability to create and structure a financial model with evolving terms

• Fundamental understanding of structured finance, financial due diligence process, loan terms, and GAAP accounting

• Outstanding analytical and quantitative skills, ability to resolve tough business problems with well-structured analyses

• Exceptional time management, organizational and prioritization skills are required to succeed in a fast-paced environment, managing multiple projects with significant responsibilities and competing priorities, often with minimal supervision

• Extremely high attention to detail and strong desire to grow and learn the business

• Proactive, resourceful, and creative in fully utilizing available resources and data to provide insightful analysis

• Exceptional verbal and written communication skills

• Self-starter that is pro-active and resourceful - a "can-do" attitude

• Interest in mixed use development: residential (primary focus), commercial/retail, or other

• Professional presentation skills and public speaking capability

• Demonstrable ability to generate positive working relationships with employees at all levels within the organization

Benefits Built for You
At Howard Hughes Communities, we offer competitive, market-based compensation that rewards performance and supports career growth. Our comprehensive benefits package designed to support employees at every stage of their career, is focused on holistic wellness-social, emotional, financial, and physical.

• Competitive 401k plan

• Generous PTO policy

• Premium medical, dental, and vision coverage

• Voluntary benefits for unexpected life events

• Student loan assistance and stipends to assist with lifelong learning

About Howard Hughes Communities

Howard Hughes Communities develops, owns, and operates the nation's premier large-scale master planned communities and mixed-use developments. Our award-winning portfolio includes The Woodlands®, Bridgeland®, and The Woodlands Hills® in Greater Houston; Summerlin® in Las Vegas; Teravalis™ in Greater Phoenix; Ward Village® in Honolulu; and Merriweather District® in Columbia, Maryland. Strategically positioned to meet and accelerate development based on market demand, we offer one of the strongest real estate platforms in the country. Learn more at communities.howardhughes.com .

NOTICE TO THIRD-PARTY AGENCIES
Please note that Howard Hughes Communities does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Fee Agreement, Howard Hughes Communities will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, Howard Hughes Communities explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Howard Hughes Communities.