Development Analyst

Capstone Recruitment; City of Melbourne; On-site; AUD 85,000 - 110,000; Full time

Job summary

Capstone Recruitment seeks a Development Analyst to join a leading real estate manager and developer with a national portfolio across industrial, logistics, business park and office assets. You will support feasibility and reporting across the development pipeline, building robust cash flow models and Excel tools.

Based in Melbourne with a minimum of three days in-office, the role partners with development managers, finance and senior leadership, and involves applying AI-assisted tools to

Qualifications

• Experience as a development analyst in property or real estate.
• Strong financial aptitude and commercial acumen.
• Ability to explain numbers clearly to stakeholders.

Responsibilities

• Support feasibility management and reporting across the development pipeline.
• Manage cash flow modelling and scenario analysis; assist in complex models.
• Build and enhance Excel financial models and reporting tools.
• Analyse potential developments, expansions and divestments.
• Leverage AI-assisted tools to improve feasibility modelling and reporting.

Skills

Advanced Excel

Financial analysis

Communication

Commercial acumen

Education

Property Economics or Finance degree

Tools

Yardi

MRI

Cougar

ARGUS

Job description

A leading real estate manager and developer with a national portfolio across industrial, logistics, business park and office assets is looking for a Development Analyst to join a small, high performing development finance team.

About the role

Working alongside the development managers to support them with feasibility management, supporting feasibility analysis and reporting across the development pipeline

• Manage cash flow modelling and scenario analysis, stepping in when models get complex
• Build and enhance Excel financial models and reporting tools
• Analyse potential developments, expansions and divestments
• Bring AI assisted tools into feasibility modelling and reporting to cut manual work
• Partner closely with development managers, finance and senior leadership, and push back on assumptions when the numbers do not stack up

About you

Essential

• Development analyst experience in property or real estate
• Advanced Excel skills, comfortable building models from scratch
• Confident communicator who can explain the numbers and hold their ground
• Strong financial aptitude and commercial acumen

Desirable

• Degree in Property Economics or Finance
• Yardi experience, or comparable systems such as MRI, Cougar or ARGUS ideal but not essential
• Excellent with Excel
• A strong understanding of development and the assumptions

What is on offer

• Direct exposure to senior development leadership in a nimble, collaborative team
• A genuine national pipeline of major industrial and logistics projects
• A clear springboard into development management, investment management, finance or capital transactions
• Melbourne based, minimum 3 days a week in office