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Inside Higher Ed · 1 week ago

Director of Finance, Real Estate and Capital Asset Development

Washington, DC

Full-time

Onsite

Director/Executive

$120K/yr - $130K/yr

12+ years exp

Inside Higher Ed is seeking a Director of Finance, Real Estate and Capital Asset Development at Howard University. This pivotal leadership role involves guiding financial strategy for student housing and commercial development, overseeing financial analysis, long-range capital planning, and managing relationships with various stakeholders to support the university’s mission.

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Responsibilities

Conduct comprehensive financial analyses and prepare reports to assess key performance indicators and operational efficiencies

Long-term financial planning for the University’s real estate portfolio that anticipates and responds to legislative changes affecting higher education specifically. Develop scenario based financial models and sensitivity analysis in coordination with the Office of Data Analytics and External Affairs that incorporate potential regulatory changes, mitigate risk, and capitalize on new opportunities

Support the budgeting process, implementing financial models for accurate forecasting

Support pre-transaction analysis and due diligence, including financial modeling and pro forma analysis, cost-benefit or return on investment analysis, feasibility analysis, market research, and review of third party reports such as market demand studies, environmental assessments, appraisals, facility assessment reports, among others

Evaluate new investment opportunities and support the development of strategies for long-term needs and uses of the University’s real property assets including acquisitions, development, leasing, and disposition of assets

Review all real estate agreements, documents, and contracts working with the Office of General Counsel to ensure compliance with the university strategic plans and procedures, and compliance with pertinent District of Columbia and Maryland laws, as applicable

Provide financial guidance to enhance property management financial efficiency and cost control. Provides support for a portfolio of real estate projects, entailing development, construction, property management, legal, and financial components

Prepare and clearly communicate transaction analysis, financial data and strategies to university stakeholders, regarding structure, economics, mission benefits, progress, etc

Works collaboratively with the offices of the Chief Financial Officer and other members of the Administrative Services Leadership Team

Support the preparation of RFQ/RFP responses for all bids, ensuring compliance to policy and procedure, including zoning laws and securing public approval

Preparation of materials and presentations for the Facilities and Real Estate Committee and the Board of Trustees

Provide administrative support as needed, including contract review and revision in coordination with outside counsel, and tracking and managing project budgets. Oversee these functions through to completion, ensuring compliance with all University processes and procedures

Perform other related duties as assigned

Qualification

Financial AnalysisReal Estate DevelopmentFinancial ModelingStrategic Financial PlanningBudgetingForecastingInvestment AnalysisProject ManagementCommunication SkillsTechnology ProficiencyCultural CompetenceLeadership AbilitiesInterpersonal SkillsOrganizational SkillsProblem-SolvingAttention to Detail

Required

Bachelor's Degree in Finance, Real Estate, Economics, or related field

MBA with a concentration in Finance, Real Estate, or related field

Minimum 12-15 years of related work experience, including real estate focused banking, development, finance, underwriting, structured finance, fundamental credit analysis, consulting, urban planning, and/or public policy; including experience with institutional or public-sector projects

Strong analytical, financial modeling, and reporting skills

Excellent communication, leadership, and project management abilities

Proficiency in Microsoft Office Suite and financial software