The Development Analyst supports project teams with financial reporting, budgeting, and data management while providing training on software systems.
Location
GGP Chicago - 350 N Orleans Street, Suite 300Business
Headquartered in Chicago, IL, GGP is a leading retail real estate company with a portfolio of 95+ high-performing retail assets, encompassing over 95 million square feet of space across the United States. As an owner-operator, we’re committed to creating vibrant destinations that bring people and brands together. With a team of 1,200+ employees and a legacy of leadership in retail real estate, we’re shaping the future of the industry by delivering exceptional value to our partners and the communities we serve
If you’re ready to be a part of our team, we encourage you to apply.
Job Description
Position SummaryThe 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. 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.
Qualifications
- 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.
- Familiarity with JD Edwards, PMWeb, and Yardi 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.
Compensation
Salary type: Exempt
Pay Frequency: Bi-weekly
Annual Base Salary Range: $70,000 - $85,000
Annual Bonus: 10%
Benefit Information
- 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.
#GGP
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