Development Associate- Ward Village

Development Associate - Ward Village

Dedicated to innovative placemaking, Howard Hughes Communities is the real estate platform of Howard Hughes Holdings Inc. (NYSE: HHH) and is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Building on that foundation, we foster a culture of curiosity that empowers every employee to shape their own story within our organization.

Ward Village, a Howard Hughes master‑planned community, is a 60‑acre master‑planned community in the heart of Honolulu, located between downtown and Waikīkī, along O‘ahu’s south shore. Honoring the distinct history of its land, Ward Village is at the forefront of sustainable community development – integrating striking architecture, local culture, and public open space. At full build‑out it will include approximately one million square feet of unique retail and thousands of homes, in what Architectural Digest named "Best‑Planned Community in the United States."

It is the first ever LEED‑ND Platinum‑certified master‑planned community in the country and the only one in Hawai‘i.

We are seeking a Development Associate to drive the decision support, analytics and reporting for the Development team in our Honolulu office at Ward Village. This position will play an instrumental role in defining how we measure business performance, building and maintaining our financial models, and preparing ad hoc analyses in response to questions from internal and external stakeholders. This individual will be responsible for all aspects of project financial underwriting, forecasting, and reporting and will cultivate partnerships with various stakeholders to drive strategic and financial results.

The ideal candidate must be a self‑starter with excellent quantitative skills, a strong academic record, and passion for real estate development. Salary: $130‑140K base plus bonus and benefits.

• Play a key role in the financial analysis of existing and future development opportunities
• Create and update underwriting models in Excel for retail, residential, and mixed‑use projects
• Perform ad‑hoc financial modeling to analyze impact of various scenarios on project yields
• Contribute to the preparation of investment memorandums and presentations
• Provide project‑management support throughout the development process of design, entitlement, sales, construction, financing and closing phases
• Support the creation of lender offering memorandums, reporting requirements and due diligence
• Create and manage project schedules, budgets, cost exposures, and revenue forecasts
• Lead the coordination, organization, and execution of monthly budgeting, quarterly forecasting, and financial business‑case development
• Acquire and maintain an understanding of the strategies, priorities, and issues of the Development team
• Proactively communicate business implications observed from analyses, contribute ideas and solutions to business challenges, and provide insight through analysis
• Proactively identify and lead opportunities for process improvements and simplification
• Establish and maintain relationships with a broad base of key stakeholders and serve as a key point of contact for financial matters

• 4 or more years of relevant work experience with a bachelor’s degree in finance, engineering, accounting, mathematics, economics, statistics or related quantitative field
• At least 2 years of relevant financial analysis work experience in real estate finance, investment banking, management consulting, or corporate finance
• Ability to apply relevant financial theory and analysis and develop financial models
• Highly proficient with Microsoft Excel, PowerPoint, and Word
• Proven expertise in modeling techniques, managing large data sets, comparative analysis, budgeting, forecasting, and ability to create and structure a financial model with evolving terms
• Fundamental understanding of structured finance, financial due diligence process, loan terms, and GAAP accounting
• Outstanding analytical and quantitative skills, ability to resolve tough business problems with well‑structured analyses
• Exceptional time‑management, organizational and…