Senior Financial Analyst (Real Estate Development)

LeoForce; Chanhassen (MN); On-site; USD 100,000 - 117,000; Full time

Benefits offered by this job

Medical/dental/vision/prescription

Disability coverage

Life insurance

401(k) with company match

Pre-tax FSAs

Parental leave and adoption assistance

Paid time off and paid sick leave

Deferred compensation eligibility

Company membership discounts

Job summary

LeoForce is seeking a Senior Financial Analyst to lead complex financial modeling for multifamily development opportunities in the United States. You will build multi-year pro formas, analyze JV structures, and support capital markets activities.

This role focuses on portfolio performance monitoring, forecasting, and strategic decision-making, with opportunities to influence investment outcomes and drive value across projects.

Qualifications

• Advanced Excel skills with complex formulas and multi-sheet models.
• Strong understanding of accounting and finance principles.
• Ability to manage multiple projects with tight deadlines.
• Bachelor's degree in Finance, Accounting, Real Estate, Business, or related field.
• 5+ years of experience in financial or business analysis, real estate development, capital markets, or investment analysis.

Responsibilities

• Develop multi-year pro formas for prospective opportunities, including cash flows and returns.
• Model multifamily development pro formas with costs, financing, and hold assumptions.
• Create JV structure analyses and co-investment scenarios for partnerships and negotiations.
• Model development fee accrual and revenue recognition aligned with milestones and contracts.
• Design dashboards and reports to track portfolio performance and pipeline.
• Support forecasting, budgeting, and scenario analysis for the Property Development team.

Skills

Advanced Excel

Financial analysis

Attention to detail

Deadline-driven

Education

Bachelor's degree in Finance/Accounting/Real Estate/Business

Tools

SQL

SAS

Alteryx

Domo

Job description

Job Details

Experience: Senior Level

Salary: $100,000 - $117,000 per year

Financial Analysis & Modeling

• Develop and maintain sophisticated multi-year pro formas for prospective opportunities, incorporating development cash flows, equity partner returns, development fee timing, and ongoing management/licensing revenues
• Model multi-family development pro formas including hard costs, soft costs, construction financing, permanent debt structures, equity returns, and long-term hold assumptions
• Build detailed financial comparisons across different JV structures, equity ownership percentages, and co-investment scenarios to support partnership negotiations with external developers and investors
• Model development fee accrual and revenue recognition, coordinating timing with construction milestones and contract deliverables

JV / Portfolio Performance Monitoring

• Track and analyze performance across an evolving portfolio of JVs at different lifecycle stages — from pre-financing through construction, leasing, stabilization, and exit
• Analyze JV earnings, loss distributions, equity valuation changes, and impairment considerations for financial reporting and management review
• Monitor and report on key drivers including absorption rates, achieved rents versus projections, operating expense budgets, and unit-level profitability

Capital Markets & Financing

• Analyze external financing structures including construction loans, permanent mortgages, mezzanine debt, and preferred equity; assess terms, conditions, and impact on project returns
• Support capital-raising activities including financial cases and return scenarios for potential co-investors
• Model sensitivity analyses around interest rates, leverage ratios, exit assumptions, and equity return thresholds

Reporting & Insights

• Design and maintain dashboards and reports tracking portfolio performance, investment returns, and development pipeline
• Prepare executive-level analyses and recommendations on prospective opportunities, market conditions, and strategic initiatives
• Support the broader Property Development team with forecasting, budgeting, and scenario analysis

Systems & Process Support

• Manage planning-system needs for Property Development, including data entry, model maintenance, and reporting
• Support design and deployment of financial processes and reporting frameworks as the platform scales
• Collaborate with Finance/Accounting and Corporate leadership to align on accounting treatment, financial planning, and strategic decision-making

Minimum Qualifications

• Extensive, advanced experience in Excel including complex formulas, pivot tables, and multi-sheet financial modeling
• Strong understanding of accounting and finance principles, including how transactions flow through financial statements
• Ability to follow through on deliverables and manage meticulous detail across multiple projects and tight deadlines
• Bachelor's degree in Finance, Accounting, Real Estate, Business, or a related field
• 5+ years of experience in financial or business analysis, real estate development, capital markets, or investment analysis

Preferred Qualifications

• Prior experience as a financial or real estate analyst supporting multi-family residential development, real estate funds, or REITs
• Experience modeling or analyzing joint venture structures, equity partnerships, and co-investment arrangements
• Familiarity with commercial real estate development pro formas, debt structures, and permanent financing terms
• Capital markets experience — debt financing, equity raises, or valuation analysis
• Experience with relational databases and data analytics tools (SQL, SAS, Alteryx, Domo, or similar)
• Experience with enterprise planning/budgeting software
• Comfort navigating unstructured problem solving, ambiguity, and shifting priorities on a growing platform

Benefits

• Comprehensive medical/dental/vision/prescription coverage
• short- and long-term disability
• life insurance
• 401(k) with company match
• pre-tax flexible spending and dependent care plans
• parental leave and adoption assistance
• paid time off and paid sick leave
• deferred compensation eligibility for qualifying income levels
• plus a subsidized company membership and product/service discounts

A bit about us:

We are a scaled, publicly traded consumer platform with a national real estate footprint across owned, leased, and developed assets. The business is asset-intensive, capital disciplined, and growth-oriented, with hundreds of millions deployed annually across new development, asset reinvestment, and portfolio optimization. Finance is deeply embedded in strategic decision-making and plays a central role in how capital is allocated, returns are measured, and long-term value is created.

Why join us?

• Build something from the ground up — this function doesn't have an established playbook yet, so you'll help define how it works
• Direct visibility and access to senior leadership as strategy takes shape
• Full lifecycle ownership of your projects — from initial deal evaluation through construction monitoring to eventual disposition
• Real growth path — this role can flex into a Manager-level position with additional comp and bonus eligibility for the right person
• Backed by a high-growth, high-performing organization with strong recent earnings momentum
• Flexibility to expand into broader Property Development work as the business line grows and priorities evolve