Financial Analyst - Real Estate Development

Finance Analyst - Real Estate Development

Location: Remote (India)

Compensation: ₹6.4L/yr-₹7.1L/yr

Employment Type: Full-Time

Reports To: Finance & Development Manager

Works Closely With: CEO, Development Project Manager, Accounting Lead, Bookkeeper

POSITION SUMMARY

Sunshine Management is a Chicago-based real estate development company focused on workforce housing, attainable homeownership, and community revitalization.

We are seeking a Real Estate Development Finance Analyst to support the financial execution of multiple active development and construction projects.

This is a highly execution-focused role responsible for lender reporting, construction draws, project budgets, development pro formas, cash flow forecasting, financial analysis, and project financial tracking.

The ideal candidate has prior experience working for a real estate developer, affordable housing developer, owner-builder, construction lender, or commercial real estate firm and understands the financial lifecycle of a development project from acquisition through stabilization.

This is not an accounting role and not a people-management role.

PRIMARY RESPONSIBILITIESConstruction Lending & Draw Administration

• Prepare and submit construction draw packages
• Track draw status and funding timelines
• Coordinate lender documentation requests
• Maintain loan closing checklists
• Track loan balances and funding availability
• Ensure compliance with lender reporting requirements

Project Budget Management

• Maintain project budgets and cost trackers
• Track committed costs versus actual costs
• Monitor contingency utilization
• Update budget variance reports
• Maintain change order logs
• Track total development costs

Development Finance & Underwriting

• Update development pro formas
• Maintain Sources & Uses schedules
• Update project underwriting assumptions
• Analyze project financial performance
• Support financing and capitalization efforts
• Assist with investor and lender reporting

Cash Flow & Reporting

• Maintain project cash flow forecasts
• Track expected funding events
• Monitor project liquidity needs
• Prepare weekly and monthly reporting packages
• Maintain project financial dashboards
• Identify and escalate financial risks

Documentation & Financial Controls

• Maintain organized digital financial files
• Track compliance and reporting deadlines
• Organize lender and funding documentation
• Support audit and due diligence requests
• Ensure financial records are complete and current

REQUIRED QUALIFICATIONS

• Bachelor's Degree in Finance, Accounting, Real Estate, Economics, Business, or related field
• 3+ years of experience in real estate development finance, construction finance, commercial real estate, affordable housing, or project finance
• Advanced Excel skills
• Strong analytical and financial modeling abilities
• Experience working with multiple active projects simultaneously
• Excellent written and verbal English communication skills
• Ability to work U.S. Central Time business hours

PREFERRED EXPERIENCE

• Real estate development
• Affordable housing development
• Construction lending
• LIHTC projects
• Sources & Uses preparation
• Development underwriting
• Construction budgeting
• Draw administration
• Microsoft 365
• SharePoint
• Asana
• Buildium

SUCCESS METRICS

Success in this role will be measured by:

• Draw packages submitted on time
• Zero missed lender deadlines
• Accurate project budget reporting
• Up-to-date Sources & Uses schedules
• Accurate cash flow forecasts
• Timely completion of assigned deliverables
• Organized and audit-ready documentation
• Minimal executive follow-up required

IDEAL CANDIDATE

The ideal candidate is highly organized, detail-oriented, proactive, and comfortable managing multiple deadlines simultaneously. They take ownership of deliverables, communicate obstacles early, and consistently follow through without requiring extensive oversight.