United Global Development Corporation (UGDC) is a family office co-investment platform focused on the investment, development, and management of single-tenant, net-lease retail and industrial properties globally. UGDC invests in net-lease assets through portfolio purchases, sale leasebacks, development equity, 1031 exchange loans, private financing options, and various special situations. UGDC was founded in 2010 by a handful of net-lease industry veterans to manage their principal investments. Since then, the platform has expanded to include capital raising and both development partnerships and services.
GENERAL RESPONSIBILITIES
- Assist the Managing Director, Directors of Development / Construction, and Project Managers in developing and maintaining executive level reporting and analyses on project progress including schedules, budgets, and key issues for all planning and construction projects
- Work closely with the Accounting team’s Senior Construction Accountant to estimate cash flows, support audits, and any required ad-hoc analysis
- Create financial models to evaluate potential new development or investments opportunities
- Review construction documents and compare proposed costs against historical cost data and historical comparable projects in the UGDC portfolio
- Create financial models to set rental values on new builds and property investment exit strategies
- Level GC bids and reconcile pay applications
- Provide Development team support for closings working closely with UGDC Closing Manager
- Review/process invoices and create purchase orders; check items for completeness and compliance with financial policies, procedures, budget, and contractual requirements
- Verify and track pay applications along with compiling all closeout documentation (lien waivers, etc.)
- Update financial models with actual data to evaluate investments.
- Perform market research to determine/verify a project’s economics and to verify assumptions used in models.
- Assist with due diligence (including review of contracts, preparing the budgets, engaging consultants)
- Perform rental rate analysis; cultivate relationships with brokerage
- Perform special projects/analysis for the principal executive
- Work closely with the Director of Development to develop communication materials (verbal, written, visual), including the development of presentations, for various audiences including senior leadership client stakeholders; summarize and present findings and recommendations succinctly
MINIMUM QUALIFICATIONS
- Bachelor’s degree (e.g., BA, BS) or equivalent combination of education and related experience in Finance/Accounting or related business field; Real Estate education / background preferred
- Must have high proficiency with computer software, including Microsoft Word, Excel and Outlook. Advanced skills in Microsoft Excel is a must.
- Must be able to work independently, be reliable and organized.
- Must possess strong attention to detail with exceptional analytical and quantitative problem-solving skills
- Able to work effectively when the way forward is not obvious, and resilient in recovering from setbacks and skilled at finding detours around obstacles
- Exceptional time and task management skills in a fast-paced environment, managing multiple projects with significant responsibilities and competing priorities
- Excellent professional demeanor with the ability to work with a wide range of levels and management
- Must be professional, energetic and positive.
- Must have superb customer service skills.
- Must have excellent verbal and written communication skills.