Senior Analyst, Development Finance

About the role

ESR Australia & New Zealand, a manager of industrial, business park and office real estate with more than A$28.9 billion in assets under management, is looking for an experienced Senior Development Analyst to join its Sydney-based Development team. Reporting to the Senior Commercial Manager – Development, the role provides financial analysis, commercial insight and governance across the industrial development portfolio in Australia and New Zealand, supporting investment decisions, business planning and the delivery of development returns.

Key responsibilities

• Own, maintain and review detailed feasibility models for industrial development projects, covering project costs, timing, leasing assumptions, funding requirements, valuations and return metrics.
• Partner with Development Managers and senior leaders to challenge assumptions, identify commercial risks and opportunities, and recommend actions on projects and portfolios.
• Lead monthly, quarterly and annual development reporting, including investor reports, strategic plans, budgets and forecasts, with commentary on performance and key movements.
• Undertake scenario modelling and sensitivity analysis for acquisitions, developments, expansions, repositioning, leasing proposals and potential divestments.
• Strengthen model governance and reporting standards, and coach other team members.

Required profile

• Minimum of eight years' experience in property development, real estate investment analysis or development finance, ideally in the industrial, logistics or warehouse sector.
• Tertiary qualification in Property, Finance, Commerce, Economics, Engineering or a related discipline.
• Strong understanding of the full property development lifecycle, from acquisition and planning through to leasing, valuation, completion and exit.
• Commercial judgement, communication and influencing skills, able to manage competing priorities and explain complex analysis to senior stakeholders.

Required skills

• Advanced Excel and financial modelling, including building and reviewing complex development feasibility models.
• Experience with EstateMaster, ARGUS or similar tools is highly regarded.