Development Associate (Asset Management) - Skanska USA
Washington, DC 20037
About the Job
Skanska is searching for a dynamic Development Associate (Asset Management). This is a great opportunity to start a career with a company that builds things that matter and values its team. We are proud to share our culture of diversity and inclusion.
Our work makes a clear contribution to society and the environment around us. We build in many different verticals. Whether we are building schools to provide inspiring spaces for learning, roads to connect communities or hospitals to care for patients, it all contributes to our purpose – we build for a better society.
Skanska's values —Be Better Together, Act Ethically and Transparently, Commit to Customer and Care for Life—are deeply engrained in how we work, which is why our values support and drive our D&I efforts.
The Development Associate (Asset Management) is an early-career real estate professional involved in various stages of commercial office, mixed-use, and multifamily development projects. This role encompasses all aspects of project development, from land acquisition to design, construction, leasing, asset management, and divestment. Initially, the role will focus more on asset management functions, transitioning into the development process over time.
Asset Management Responsibilities: The associate will be responsible for overseeing and optimizing the performance of a portfolio of residential and commercial office properties. This involves strategic planning, financial analysis, and operational management to maximize the value and return on investment of real estate assets. Key tasks include conducting detailed financial analyses and reporting, supporting the teams managing the operations budget, tenant relations and lease management, identifying property improvement opportunities, and assessing and mitigating risks associated with property investments and operations.
Development Responsibilities: In addition to asset management, the associate will assist in coordinating multi-discipline projects, conducting market research, and collaborating with internal and external parties throughout project execution. Responsibilities include financial analysis, contract management, budgeting, design and construction oversight, marketing, and leasing efforts in the development process.
Key Characteristics: Creativity, adaptability, strong financial and project management skills, excellent interpersonal and communication abilities, and a willingness to learn and manage various aspects of a project are essential. The position requires 3+ years of relevant experience, proficiency in financial tools, and knowledge of various aspects of real estate development and asset management.
Development Associate (Asset Management) Required Qualifications:
- 3+ years of experience in parts of the commercial investment and development process, such as: Land acquisition and sourcing, feasibility studies, entitlements and zoning, project valuation and finance; Architectural design and construction management and contractor and consultant contracting Financial analysis and budgeting, cost control processes, real estate funding, and project reporting; Leasing, marketing, and transactions; Property management and asset management
- 3+ Years of experience with Microsoft Excel and/or financial modeling software.
- 3+ years of experience reading and comprehending proposals, architectural concepts and drawings, contracts, consultant proposals/agreements and government regulations.
- Bachelor’s Degree – construction, engineering, architecture, real estate, finance, or other relevant specialization or 8 years equivalent experience plus minimum 3 years prior relevant experience.
Our Investment in you:
- We believe that Benefits should connect you to the support you need when it matters most, and should help you care for those who matter most. That’s why we provide an array of options (including medical, dental, and vision insurance plans), expert guidance and always-on tools, that are personalized to meet the needs of your reality – to help support you physically, financially, and emotionally through the big milestones and in your everyday life. Please visit the compensation and Benefits summary on our careers site for more details.
- As a Skanska community, our values ground us, and our diversity of experience propels us forward. No matter what your career stage, there’s a place for you to thrive here and partner with us in shaping how our world lives, moves, and connects.
- At Skanska, we Care for Life. And we’re committed to supporting your whole health and peace of mind through inclusive and personalized total rewards.
- Career Path Matrix - The Career Path Matrix is a tool for planning your career at Skanska. It brings both the functional/technical skills and leadership skills of your job together in a simple matrix.
- We’re committed to your success by developing you in your role and supporting your career growth
- Compensation and financial well-being – Competitive base salary, excellent bonus program, 401k, and employee ownership program.
Come work with us and join a winning team!
Additional Details:Benefits:
Full-time employees are eligible for Health & Welfare Benefits including comprehensive medical, dental and vision plans.
Apply Today for Immediate Consideration!:Background Check Required
Skanska is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, sexual orientation, gender identity, national origin or citizenship status, disability, status as a protected veteran, or any other protected characteristics under federal, state, or local law.
Skanska Equal Employment Opportunity
Skanska uses knowledge & foresight to shape the way people live, work, and connect. More than 135 years in the making, we’re one of the world’s largest development and construction companies. We operate in select markets throughout the Nordics, Europe and the United States. Skanska in the U.S. is headquartered in New York City with 29 offices around the country. In 2022, construction in the U.S. generated $6.9 billion in revenue, and as a developer in the U.S., Skanska has invested a total of $3.5 billion in commercial and multi-family projects. Together with our customers and the collective expertise of our 6,500+ teammates in the U.S. and 28,000+ globally, we create innovative and sustainable solutions that support healthy living beyond our lifetime.
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