Development Associate- Ward Village

Dedicated to innovative placemaking, Howard Hughes Communities is the real estate platform of Howard Hughes Holdings Inc. (NYSE : HHH) and is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Building on that foundation, we foster a culture of curiosity that empowers every employee to shape their own story within our organization.

About the Role

Ward Village, a Howard Hughes master-planned community, is a 60-acre master-planned community in the heart of Honolulu, located between downtown and Waikk, along O'ahu's south shore. Honoring the distinct history of its land, Ward Village is at the forefront of sustainable community development - integrating striking architecture, local culture, and public open space. At full build-out, the community will include approximately one million square feet of unique retail and thousands 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 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. Salary : $130-140K base plus bonus and benefits.

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, andThe Woodlands Hillsin Greater Houston; SummerlininLas Vegas; Teravalis inGreater Phoenix; Ward VillageinHonolulu; and Merriweather District inColumbia, 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.