Construction and Development Manager job in Chicago, IL| Recruit Arrow
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Construction and Development Manager
Location : Illinois, Chicago
Refer job # QSFN338571
Job Responsibilities and Requirements: The Project Manager, Construction and Development will oversee and be the primary internal point of contact for a portfolio of development and redevelopment projects in varying stages of completion, from pre-approval to close-out. In this role, you are expected to be the subject matter expert in all aspects of development and redevelopment projects once they have been approved. The focus is clearly on executing a project to maximize value and minimize risk, though the role requires an understanding (and/or a willingness to learn) the legal, accounting, reporting, treasury and tax aspects of development and redevelopment projects within a public company. This is a multi-faceted role that requires a number of skills - project management, prioritization, attention to detail, a sense of urgency, diligence, and the highest level of integrity. Responsibilities Work with the acquisitions team to execute development and redevelopment investment approvals and support the associated analysis and underwriting process Oversee all aspects of development and redevelopment projects once approved, including: Know the budget and make sure we stay within it Understand the legal documents associated with the project and ensure compliance with them Manage the internal review and execution of construction-related agreements Review and approve draw packages Perform site visits to review construction progress - roughly 20% travel Manage the internal spending forecast in concert with our third-party developer partners to inform company liquidity needs Work with the FP&A team to ensure accurate reporting Ensure a thoughtful and efficient turnover of the completed project to the asset management team Identify and escalate issues quickly Prepare project presentations for executive leadership team Coordinate internally: Accounting, Tax, Finance, Treasury Proactively contribute to continuous improvement of the department. Work with department leadership and peers to identify and implement process improvements. Qualifications Candidate should possess a minimum of 5 years of construction and/or development experience, ideally with real estate and/or healthcare finance related experience Bachelor s degree in finance, real estate or a related field is required; an MBA is a plus Qualified candidates should come from a solid background with an owner/developer, manager, debt and/or equity investor, consulting firm, or a related entity that focuses on the real estate or healthcare industry Knowledge of the investment fundamentals, transaction and operations of a variety of relevant asset types (senior housing, hospitals, nursing facilities, congregate care, etc.) is desired Strong analytical skills and proficiency in Excel and PowerPoint is a must Must be detail-oriented and have strong prioritization skills as well as understand the broader strategic implications of his/her work Must possess ability to devise a plan for someone else to execute as well as to execute someone else s plan Confident self-starter and quick learner who requires minimal supervision, comfortable with ambiguity and very adaptable The position requires the ability to: Work with many deadlines, time requirement conflicts and management pressures Take direction but exercise independent thought and judgment Be subject to frequent interruptions; must be able to switch attention between tasks quickly Work long hours with sporadic/frequent travel as needed (sometimes with minimal notice) Communicate effectively and persuasively Manage multiple tasks and relationships within a fast-paced, team-oriented and lean environment.
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