Russell is a professional services firm providing construction and development services across the Midwest. Since its inception in 1983, Russells culture promotes a collaborative work environment that strives to exceed our clients expectations and provide life-time career opportunities for our professionals.

Headquartered in Davenport, Iowa, with offices in St. Louis, Missouri and Overland Park, Kansas, Russell has delivered more than $1 billion in projects across 32 states. We remain a market leader in our core markets, including new construction and complex additions and renovations.

At Russell, we are creating more than a project - we are building great people, relationships, and community.

Life at Russell

The number one response we receive when we ask our team members what they like about Russell is the culture. Russell team members describe working here as being more flexible than any place theyve ever worked. They feel supported and support each other. They have fun. They are empowered to get their work done how they see fit. And most of all, they know they can continue their careers here because of the rich development tools available to them. Life at Russell is full of opportunities.

How Youll Contribute

As a Real Estate Development Analyst, you will help Russell reach our strategic growth goals by supporting a growing real estate development team, streamlining the financial analysis and reporting processes to our expanding project portfolio.

Duties and Responsibilities:

• Perform all accounting and reporting functions for a portfolio of real estate development projects.
• Assist in accounting and reporting functions for properties under asset management agreements. Participate in budgeting and operating expense reconciliation process as applicable.
• Manage development budgets for all aspects of the project life cycle in collaboration with development managers. Effectively identify and communicate budget variances.
• Develop project level abstracts to track deal structure details and underlying agreements.
• Develop and maintain project cash flow projections and valuations.
• Understand partnership agreements and partner/investor waterfall models for income, fees and cash flow distributions.
• Monitor and track escrow funds deployed.
• Monitor performance of held investment properties against proforma.
• Partner with internal development team to identify equity and debt partnerships for projects as needed.
• Analyze financing options for development projects including debt and equity sources, along with alternative funding sources such as municipal, state and federal tax incentives.
• Prepare funding requests and submit to equity partner and/or lender in required draw form, and act as primary point of contact to communicate with equity partners and lender as needed to complete the funding process.
• Effectively work with real estate, construction, and asset management teams to forecast cash needs and gather data for financial modeling.
• Develop in-depth knowledge of market sectors and geographic locations of Russell projects.
• Develop economic performance summaries for debt and investment sale packages.
• Prepare recurring and ad hoc internal and external reporting as needed.
• Stay abreast of financial trends relative to the organizations development products and services.
• Participate in process improvement initiatives that support the growth strategy, strong system of internal controls and operational excellence.