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Financial Development Director Jobs in Massachusetts

DAKOTA PARTNERS INC

Development Director

Waltham, MA · On-site

Project profitability and schedule and its related impact on the corporate finances. * Develop and ... direct them on design development and review, adhering to Dakota building specifications and ...

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Financial Development Director information

What is a financial development director?

A Financial Development Director is a senior professional responsible for creating and implementing strategies to secure funding and financial support for an organization, often within non-profit, educational, or healthcare sectors. They oversee fundraising campaigns, build relationships with donors, and manage grant applications to ensure the organization's financial sustainability. Additionally, they may lead teams, coordinate events, and work closely with executive leadership to align fundraising goals with the organization's mission. Their role is crucial for driving financial growth and supporting long-term organizational success.

What are the key skills and qualifications needed to thrive as a financial development director?

To thrive as a Financial Development Director, you need expertise in fundraising strategies, financial planning, and donor relations, typically backed by a degree in finance, business, or nonprofit management. Familiarity with donor management software, CRM systems, and financial analysis tools is often required. Excellent leadership, strategic communication, and relationship-building skills set top candidates apart. These abilities are vital for driving revenue growth, building sustainable funding streams, and fostering strong stakeholder engagement.

What are the typical challenges financial development directors face when leading fundraising initiatives?

Financial Development Directors often encounter challenges such as identifying new donor prospects, maintaining donor engagement, and meeting ambitious fundraising goals within tight timelines. They must balance strategic planning with hands-on relationship-building, collaborating closely with executive leadership, board members, and development staff. Navigating changing donor expectations and leveraging data-driven approaches are also key to sustaining long-term support. Adaptability and strong communication skills are essential for overcoming these obstacles and achieving organizational growth.

What is the difference between Financial Development Director vs Financial Analyst?

AspectFinancial Development DirectorFinancial Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; often advanced degrees or certifications like CFABachelor's degree in finance, accounting, or related field; CFA preferred but not always required
Work EnvironmentStrategic planning, leadership, and cross-department collaborationData analysis, financial modeling, and reporting
Employer & Industry UsageFinancial institutions, corporations, and government agencies focusing on development projectsInvestment firms, corporations, and consulting firms analyzing financial data

The Financial Development Director focuses on strategic growth, fundraising, and financial planning at a high level, while the Financial Analyst concentrates on analyzing financial data to support decision-making. Both roles require strong financial credentials, but their responsibilities and work environments differ significantly.

What are popular job titles related to Financial Development Director jobs in Massachusetts?

For Financial Development Director jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Financial Development Director jobs in Massachusetts look for?

The top searched job categories for Financial Development Director jobs in Massachusetts are:

What cities in Massachusetts are hiring for Financial Development Director jobs?

Cities in Massachusetts with the most Financial Development Director job openings:

Financial Development Director jobs near you

Development Director

DAKOTA PARTNERS INC

Waltham, MA • On-site

Full-time

Re-posted 29 days ago

Job description

We are seeking a dedicated and mission driven Development Director to join our Development Team to support efforts to grow our portfolio of affordable and mixed-income multi-family housing projects. This Development Director will have responsibility for implementing real estate development projects from conception through closing, construction, lease-up and stabilization. The Development Director is expected to deliver each project on schedule and within budget, while meeting our high-quality standards.

The Development Director?s duties and responsibilities shall include but not be limited to:

  • Project profitability and schedule and its related impact on the corporate finances.
  • Develop and maintain professional relationships with state and federal funding agencies, staying apprised of available programs, requirements, and initiatives.
  • Develop and maintain professional relationships with joint venture partners, investors, and municipalities.
  • Assist in the selection of sites, manage due diligence, prepare project feasibility analysis, and develop the pro forma and financial structuring.
  • Coordinate and oversee the structuring, assembly, and review of funding applications.
  • Maintain project budget, complete sources and uses and monthly updates of costs to complete.
  • Coordinate professional team to obtain project entitlements. Attend meetings as required to obtain entitlements, which may require multi-state travel.
  • Select and negotiate third party agreements with design professionals (e.g., architects, engineers, etc.) and direct them on design development and review, adhering to Dakota building specifications and standards.
  • Select and negotiate agreements with project consultants (e.g., attorneys, historic, housing, etc.).
  • Obtain required third party studies (market study, appraisals, environmental reviews).
  • Manage third party contracts and billings.
  • Coordinate pre-syndication and lender effort (equity, construction loans, permanent loans).
  • Lead the project closing process.
  • Manage design and construction teams to ensure the timeliness, quality, and cost effectiveness of project.
  • Represent the owner at construction meetings and resolve issues related to design implementation, schedule, permits, third- party professional?s responsibilities and requisition reviews.
  • Review and approve construction funding requisitions.
  • Review and approve construction change orders.
  • Assist in preparation of requisitions and submission to lenders and equity providers and ensure timely funding of requisitions.
  • Determine all regulatory requirements for the issuance of Building Permits, Certificates of Occupancy, and other permits from the local municipality and direct the contractor and third-party professionals to perform their required roles.
  • Oversee preparation of the construction punch list and ensure work completion.
  • Assist in preparing final project cost certification for 8609 issuance and regulatory agreement filings.
  • Ensure scheduled collection of developer fees.
  • Coordinate with our Asset Management team and 3rd party management company throughout development process and successfully hand off project once complete.
  • Other related duties as assigned.

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