Position Title: Development Coordinator
The Development Coordinator plays a crucial role in supporting project financial management within a dynamic real estate development environment. This position involves a blend of coordination and analytical responsibilities, ensuring effective management of construction draws, invoices, and project budgets. The ideal candidate will thrive in a fast-paced setting, where attention to detail and strong organizational skills are essential. The role offers opportunities for professional growth and collaboration with a diverse team. Individuals who excel in self-directed work and possess high energy will find this position rewarding.
Salary Range: $80,000 - $110,000 / Year DOE
Development Coordinator Responsibilities: - Assist with construction draw management and lender draws
- Review invoices and ensure proper coding for draw submissions
- Coordinate with in-house accounting team on project-related financial activity
- Support project financial tracking and reporting
- Assist with underwriting new development opportunities and project financing
- Track vendor contracts, billings, and budgets
- Monitor insurance certificates for contractors/subcontractors
- Track key deadlines, deliverables, and compliance items
- Help with project close-out and warranty documentation
- Enter and update project budgets in Yardi
- Track changes, change orders, and committed costs
- Review budgets with project and construction teams
- Review vendor invoices against contracts
- Process invoices and overhead costs in Yardi
- Track payments and required backup documentation
- Help prepare monthly lender draw requests
- Collect lien waivers and required documents
- Coordinate with accounting, lenders, and project teams
- Review job cost reports for errors or overruns
- Support lender and investor reporting
- Help with permitting, inspections, and scheduling
- Provide general admin support to the development team
Development Coordinator Requirements: - Bachelor's degree or equivalent experience
- 1-5 years in construction, real estate, or project accounting
- Experience in real estate development, construction, project accounting, or development finance
- Familiarity with lender draws, construction draws, invoice review, and project budgeting
- Experience with budgets, invoices, or job costing is preferred
- Yardi experience is a plus
- Understanding of underwriting is a plus
Benefits: - 100% medical coverage for employees
- 401(k) plan with 5% matching after one month
- PTO accrual of .8333 days per month worked in the first year, with 10 days upfront after year one
- 10 paid holidays
If you are a Development Coordinator looking to take the next step in your career, apply now! #LI-RB1 #LI-MH2
