Devco Residential Group · 7 hours ago
Financial Analyst
Minneapolis, MN
Full-time
Onsite
Mid, Senior Level
2+ years expDevco Residential Group is seeking a Financial Analyst who will support Development, Construction, and Asset Management functions through financial modeling, reporting, and analytical support. The role involves working closely with senior leaders to evaluate transactions and monitor performance to facilitate informed decision-making.
ConstructionProperty DevelopmentProperty ManagementReal Estate
Responsibilities
Build and maintain financial models for development, acquisition, and refinancing transactions
Support underwriting for both conventional and affordable housing projects, including LIHTC, bond, and other complex financing structures
Analyze development budgets, operating pro formas, tax and capital account projections, and cash flow projections
Assist with scenario analysis, sensitivity testing, and investment decision support
Maintain organized documentation and version control for financial models and analyses
Prepare regular financial and performance reports for internal stakeholders, including development and distribution of pipeline reports
Support portfolio-level analysis, including cash flow tracking, DSCR, operating trends, and variance analysis
Assist Development and Asset Management teams with property-level financial reviews and performance benchmarking, particularly during stabilization and financing transactions
Support Development team predevelopment budgeting efforts
Analyze budget-to-actual results and identify key drivers of variances
Assist in developing, maintaining, and improving standardized budgeting templates and processes
Assist with the review of term sheets, LOIs, financing proposals, and partnership agreements
Support due diligence efforts, including data organization, financial analysis, and coordination with internal teams
Coordinate with internal stakeholders and external partners, including lenders, investors, and consultants
Help improve financial tools, models, and reporting systems
Perform ad hoc analyses to support strategic initiatives and executive decision-making
Qualification
Required
Bachelor's degree in Finance, Accounting, Economics, Mathematics, Business, or a related field
2-5+ years of experience in financial analysis in real estate development, investment, or consulting (development-focused preferred)
Familiarity with multifamily assets
Proficiency in Microsoft Excel, including financial modeling, formulas, and data analysis
Working knowledge of financial statements
Strong analytical and organizational skills
Ability to communicate clearly and professionally
Ability to work independently and collaboratively
Coursework or internship experience in real estate finance or development
Exposure to commercial real estate concepts
Experience with budgeting, forecasting, or variance analysis
Familiarity with enterprise financial systems such as Yardi
Interest in affordable housing or LIHTC projects
Company
Devco Residential Group
Devco Residential Group provides property management, development, and construction services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jack Hunden
Founder, CEO & Managing Member
Recent News
Morningstar.com
2025-06-23
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