Developer Budget Specialist

Developer Budget Specialist

Detail-oriented and strategic financial professional who supports the budgeting, forecasting, and financial planning needs of new developer / builder communities. This role involves close collaboration with developers, builders, and internal teams to ensure accurate financial modeling and long-term funding strategies for HOAs, master associations, and condominium associations.

Position Responsibilities :

• Prepare initial operating budgets for complex HOAs, master associations, and condominium associations utilizing improvement plans, plats, recorded documents and governing documents.
• Solicit vendor bids (e.g., landscaping, insurance, gates, pool) to support budget assumptions.
• Evaluate vendor contracts and service agreements for cost efficiency.
• Compose detailed budget narratives and vendor bid summaries for client review.
• Review close of escrow instructions as provided to title company.
• Develop multi-year cash flow projections and developer subsidy schedules.
• Build, improve, and maintain financial models to forecast income, expenses, and reserve contributions.
• Assist in reserve fund planning and long-term funding strategy development.
• Assist in forecasting and long-term capital planning for new developments.
• Support feasibility studies for land acquisition and site development.
• Attend regular meetings with developer and builder clients to discuss financial strategy.
• Provide monthly / quarterly financial updates and budget performance reports.
• Demonstrate a clear understanding of subsidy true-up processes and be able to explain.
• Supervise all Developer Services Budget Analyst team members in budget preparation, management of processes, and growth in team dynamics.
• Oversee, train, mentor and collaborate with Developer Services Budget Analysts to ensure consistency and accuracy in budget processes and financial deliverables.
• Actively monitor workflows to ensure tasks are completed in a timely manner and in accordance with approved procedures, reinforcing process integrity, accountability, and client confidence.
• Continually augment existing budgeting processes and oversee related training modules for all budget analysts. Enhance written budgeting standard operating procedures (SOPs).
• Manage the annual budget cycle for developer-controlled communities, including preparation, template updates, workflow and task implementation.
• Cultivate and maintain strong relationships with developer and builder clients.
• Proactively engage with clients to understand their goals, address concerns, and support their long-term financial success.

Knowledge, Skills and Abilities :

Physical Demands & Work Environment :

Preferred Behaviors :

Preferred Motivations :

Required Education : High School or better.

Required Experience : 3 years : High school diploma or GED. Degree, certification or three (3) years of full time, paid, professional experience working in finance, accounting, real estate development or the HOA Management or Homebuilding industry. Advanced proficiency in Excel, financial modeling, and budgeting. Valid Drivers License.