Acquisitions & Development Analyst

Description

Be a part of the best team in Property Management!

Vesta Corporation is seeking a talented Acquisitions & Development Analyst to join our corporate office team in Weatogue, CT. The ideal candidate will bring proven project management expertise, exceptional organizational skills, and a keen eye for detail along with prior experience in the affordable housing industry. This is a unique opportunity to contribute to impactful projects and play a key role in Vesta’s continued growth and success. Apply today and help shape the future with us. 

What we Offer:  

At Vesta, we take pride in hiring the best talent in Property Management.  We work hard and we have fun doing so.  In addition to our generous benefits package, we offer service awards, performance bonuses, team member appreciation events and opportunities for growth.  Our benefits include: 

• Medical, dental & vision insurance 
• Company matched 401(K) 
• Paid time off- Vacation, sick, floating holidays 
• 12 additional paid holidays 
• Tuition Reimbursement 
• PetPlan Pet Insurance 
• Employee Assistance Program 
• Long & Short-Term Disability Insurance 
• AND MORE 

The Acquisitions & Development Analyst plays a vital role in supporting multiple project leaders throughout different stages of the development process. This position involves handling substantial foundational tasks during development and acquisitions activities and serves as the lead for certain A&D projects. Additionally, the Acquisitions & Development Analyst often takes on a leadership role for specific A&D projects, overseeing key aspects to ensure successful progress. and serves as the lead for certain A&D projects.

Essential Functions:

• Financial underwriting/modeling/analysis with supervisory oversight.
• Prepare feasibility analysis.
• Conduct due diligence.
• Organize, assemble, and submit documents required for equity and loan processing.
• Organization and Quality Control of paperwork submitted.
• Coordination with title companies, attorneys, and other 3rd parties.
• Assist with deal structuring.
• Coordination of third-party professionals.
• Assist with obtaining governmental assistance.
• Assist with arranging debt and equity financing.
• Prepare funding requests for loan and equity draws.
• Implement development plans.
• Prepare and analyze financial and operating statements.
• Interface with auditors to prepare cost certificates, etc.
• Prepare tax credit applications.
• Prepare and maintain Project Books.
• Research qualifications and application process for various finance programs including LIHTC, and various state and federal funding programs.
• Work with on-site land planners/architects.
• Review and analyze engineering and environmental studies.
• Other duties or projects as assigned by management.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, Skills and Abilities:

• Ability to work on large projects on a collaborative basis.
• Ability to work on multiple projects simultaneously.
• High degree of attention to detail.
• Superior internal and external customer service skills, interpersonal and communication skills.
• Strong organizational skills.
• Ability to work in a flexible and production-oriented environment.
• Advanced knowledge of Microsoft Office products; specifically Excel Workbook with multiple linked spreadsheets and the Internet.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to apply concepts of advanced mathematical analysis to daily activities.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Requirements

Required Education & Experience:

• Bachelor’s degree required. 
• Two to four years related experience and/or training; or equivalent combination of education and experience. 
• Familiarity with investment analysis. 
• Ability to research and understand qualifications and application process for various finance programs including LIHTC and various state and federal funding programs strongly preferred.
• Experience working in an analytical or financial role in affordable housing strongly preferred.

Additional Eligibility Qualifications:

• Successful completion of a background check and drug screening required.
• Valid Driver’s License and clean driving record required.