Development analyst

Capstone Recruitment; Sydney; On-site; AUD 90,000 - 120,000; Full time

Job summary

Capstone Recruitment is seeking a Development Analyst to support feasibility management across a national development pipeline in real estate. You will work alongside development managers to analyse cash flow, build scalable Excel models, and contribute to reporting across projects.

The role emphasizes strong financial acumen, advanced Excel skills, and clear communication. The position offers strong exposure to senior leadership within a nimble, high‑performing team.

Qualifications

• Development analyst experience in property or real estate.
• Advanced Excel skills; ability to build models from scratch.
• Confident communicator who can explain numbers clearly.
• Strong financial aptitude and commercial acumen.

Responsibilities

• Support feasibility management and reporting across the development pipeline.
• Manage cash flow modelling and scenario analysis; step 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; push back on assumptions when numbers do not stack up.

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 would be advantageous 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