What are the responsibilities and job description for the Finance and Development Associate position at Terra?
Terra, the award winning, Miami-based real estate development company carefully chooses projects that have a positive impact on their surroundings and, by extension, on the people who live there. When planning a new development, Terra takes a dynamic role with the city and neighborhood to activate its potential as a community, maximizing the way in which people are able to live and work; creating new and innovative ways for the urban & suburban landscape to evolve. The firm has cultivated a portfolio of more than five million square feet of residential and commercial real estate valued in excess of $8 billion and is active across all major real estate asset classes, including multifamily apartments, luxury condominium and single-family residences, retail and office space, hotels, and industrial properties. Terra has achieved international acclaim for its commitment to design excellence, resiliency measures, and sustainable development and has been continuously transforming South Florida into the prosperous metropolis we know today.
We are looking for a Finance and Development Associate to join the team!
Responsibilities
- Manage portfolio of existing investments and new acquisitions
- Manage due diligence process to efficiently and timely close on acquisitions and financings
- Prepare investment summaries and reports for internal executives and financial partners
- Monitor and track adherence to project budget during the development process
- Create and modify existing financial models (Coordinating with other departments: Accounting, Development, Sales & leasing)
- Conduct detailed analysis on project performance and projections
- Continuously track and report the market valuation of existing assets and suggest strategies to enhance their value
- Negotiate loan agreements, operating agreements, and branding agreements
Requirements
- Bachelor's degree in Economics, Finance or Real Estate, Preferred master’s degree
- 3- 6 years' financial analysis and modeling experience
- Development or real estate private equity experience
- Advanced knowledge of Excel
As a team member at Terra, you’ll enjoy:
- Career advancement and bonus opportunities
- Comprehensive benefits package, including health, vision, dental insurance, and FSA (Flexible Spending Account).
- Employer-paid life and disability insurance.
- Employer matching 401k.
- Employee team building events.
- Company paid monthly lunches.
- Paid Time Off and paid Holidays.
