Vice President - Development Manager

COMPANY:

Stonemont Financial Group, LLC, one of the nation’s fastest growing private real estate investment and development companies, is currently seeking a Development Analyst in Atlanta, GA.  Stonemont Financial Group specializes in investing across a broad spectrum of real estate asset classes and geographies to deliver attractive risk-adjusted returns. Stonemont offers diversified and differentiated real estate investment strategies and vehicles to institutions, family offices, trusts and high net-worth individuals.  Stonemont is a firm founded on a simple strategy:  to combine the experience and resources of a large institution with the creativity and flexibility of an entrepreneurial firm.  The company has been in a growth phase for the past few years and the market continues to drive the need for continued growth for Stonemont.

POSITION:

Based in Dallas, TX. the Development Manager will be part of a dynamic and growing business environment.  The position will report directly to the Senior Vice President of Development located in Dallas, TX, and will plan, coordinate and oversee the development and construction of Stonemont’s speculative and build-to-suit industrial projects from conception to completion.  This job involves tasks such as managing the vetting and hiring process of architects, contractors, engineers, and consultants; overseeing the construction process to ensure the project is completed on schedule and within budget; managing entitlement and rezoning processes to obtain approvals for projects AND working with the originations team to determine the viability of potential projects. The Development Manager is expected to be comfortable in a presentation and selling environment as well as be able to proficiently execute ground-up construction projects. The ability to externally grow the business through self-generated opportunities and outside selling is preferred.

The Development Manager will coordinate with contractors, architects, engineers, and city officials.   Coordinate project tracking, scheduling, on-site inspections, and project close-out.  Prepare external and internal reports relating to job status, estimates, and deliverables.  Ability to oversee multiple projects in different municipalities across Texas and Southwest markets while monitoring to ensure quality construction standards exist and construction costs remain within budget. The Development Manager should feel comfortable working under deadlines in a fast-paced environment to plan and coordinate all aspects of the building process.

JOB RESPONSIBILITIES:

  • Manages all phases of project management including entitlements, design, construction, occupancy, quality control, staffing, and budget management
  • Interfaces with clients to define project requirements
  • Establishes project work plan and deadlines
  • Tracks progress of projects against goals, objectives, timelines, and budgets, and generates reports on the status
  • Monitors expenses to ensure they fall within the prescribed budget
  • Manages project team, including 3rd party consultants, by providing direction and leadership
  • Facilitates client meetings regarding project matters
  • Works closely with other functional areas of the organization, project contractors, internal team members, external collaborators, customers, and suppliers

YEARS EXPERIENCE DESIRED:

+5 years of development management experience.

SKILLS REQUIRED:

  • Experience using project management software
  • Organizational and analytical mindset
  • Ability to produce institutional quality monthly progress reports
  • Ability to communicate complex topics to employees, clients, top management, and/or public groups
  • Ability to motivate and negotiate effectively with employees and client groups to take the desired action
  • Requires in-depth knowledge of financial terms and principles.
  • Able to forecast and prepare budgets.
  • Industrial experience is a major plus but not required.
  • Strong attention to detail, communication, organization skills, and ability to manage multiple competing priorities

CHARACTERISTIC OF AN IDEAL CANDIDATE:

Works well within a team, self-motivated, able to manage multiple projects at a time with the support of the team, analytical mindset, strong organizational skills, ability to travel 25-50% of the time.

COMPENSATION:

The chosen candidate will receive a competitive salary, bonus eligibility, unique employee investment opportunity, and a benefits package which includes medical, dental, vision with cost of employee covered and a 401(k) plan.

NOTE:  This job description is inclusive of but not limited to the job specifications contained herein.  Additional duties or job functions may be required as deemed necessary.

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