Development Financial Analyst

Overview
Urbanscape Development is a California-based real estate development firm specializing in residential infill and “missing middle” housing projects. We are seeking a Development Financial Analyst to support our U.S.-based team in analyzing project feasibility, preparing cost estimates, and maintaining accurate financial models for projects in various stages, including acquisition through permitting and construction.
This role is ideal for someone with experience in architecture, construction, or real estate development who also enjoys working with numbers, cost data, and Excel-based financial models

Key Responsibilities
1. Financial Modeling & Underwriting
- Build and maintain detailed pro forma models for residential development projects, including revenue assumptions as well as costs associated with land acquisition, horizontal and vertical construction, soft costs, and financing assumptions.
- Calculate key financial metrics such as IRR, ROI, ROE, cash-on-cash returns, and profit margins.
- Assist in creating standard pro forma templates for different product types (townhomes, small-lot subdivisions, SB9, etc.).

2. Soft Cost Estimation
- Develop comprehensive soft cost estimates for projects in acquisition, entitlement, and permitting phases.
- Research and compile municipal/city fees, including but not limited to fees collected by Planning, Building, Public Works, Land Engineering, and Utility companies across multiple jurisdictions.
- Prepare design and consulting fee budgets (A&E fees) based on project scope and comparable benchmarks.
- Develop a cost library database of municipal fees and consultant rates across jurisdictions.

3. Construction Cost Research & Bidding Support
- Maintain and update cost benchmarks for horizontal and vertical construction categories.
- Support the preparation of bid comparisons, contractor scope summaries, and value engineering exercises.
- Assist in reviewing cost proposals and identifying potential scope gaps or inconsistencies.

4. Reporting & Coordination
- Collaborate with design, construction, and development teams to align financial assumptions with real-world constraints.
- Track cost updates and integrate revisions into project budgets and models as projects progress or change.
- Prepare periodic financial and cost reports for internal tea ---------- etings.

Preferred Qualifications
- Bachelor’s degree in Architecture, Construction Management, Real Estate, Finance, or Engineering.
- 2–5 years of experience in real estate development, construction estimating, or financial analysis.
- Proficiency in Microsoft Excel (including formulas, lookups, data validation, and model structuring).
- Strong analytical and quantitative skills with attention to detail.
- Familiarity with U.S. development processes (planning, permitting, or entitlement) is a plus.
- Ability to work independently, manage multiple projects, and communicate clearly in English (both written and spoken).