Associate, Capital Projects

Posted 18 Days Ago
Be an Early Applicant
Boston, MA
Junior
Blockchain • Fintech • Real Estate • Cryptocurrency • Web3
The Role
As a Capital Projects Associate, you'll support the project management team in construction project completion. Responsibilities include budgeting, scheduling, project administration, financial management, subcontractor management, and documentation.
Summary Generated by Built In

Groma is blending real estate and technology to unlock a new real estate asset class while making it easier for everyone, from institutional investors to the residents in our buildings, to participate in ownership. Our property technology platform uses AI to bring new efficiencies to the small unit count multifamily sector, enabling us to efficiently acquire, upgrade, and operate these 2-20 unit multifamily buildings and bring institutional performance to this massive but historically overlooked sector. Our investor technology platform makes owning these assets accessible to a broad array of investors, with bespoke vehicles available to institutional and family office investors and our flagship vehicle, the blockchain-powered GromaREIT, available to everyone, with a special focus on enabling ownership for the residents in our buildings. Visit www.groma.com to learn more about us.

About the Role

As a Capital Projects Associate, you'll be a pivotal member of our project management team, contributing significantly to the successful completion of construction projects. Working closely with our Capital Projects Manager, you'll provide invaluable support in areas such as budgeting, scheduling, documentation, analysis, and administration. The ideal candidate is passionate about construction, highly organized, proficient in technology, and eager to learn and collaborate effectively with cross-functional teams.

  • Project Administration: Providing administrative support to project managers, coordinating projects, and monitoring progress to ensure compliance with Groma standards. 
  • Project Planning: Assisting in developing project plans, schedules, and specifications and supporting project execution from start to finish.
  • Financial Management: Tracking and analyzing project finances, reviewing invoices, developing cost calculators, and preparing financial reports.
  • Scheduling: Creating and managing project schedules, supporting vendor scheduling, and planning capital allocation.
  • Subcontractor Management: Assist the Project Manager in coordinating and scheduling vendors. Monitor and track subcontractor insurance to ensure compliance with all legal and regulatory requirements, including insurance, licenses, and safety standards.
  • Warranty Management: Following up on warranties and resolving claims.
  • Tool Development: Working closely with our project management tool to set up projects, budgets, and document project details.
  • Supply Chain Management: Managing supplier relationships, sourcing materials, and negotiating terms.
  • Documentation: Developing and maintaining operational and procedural documents, documenting building details, and conducting research on optimization opportunities.
  • Asset Management: Assisting with capital reprojections and long-term asset planning.
  • Property Operations Support: Providing administrative support to the property operations team during busy turnover periods.

Skillset and Qualifications 

  • 1-3 years of experience in project management, property management, or administration. Construction experience is a plus.
  • Strong analytical skills with the ability to identify data trends.
  • Excellent organizational skills, capable of managing multiple tasks and prioritizing effectively. Meticulous attention to detail.
  • Strong written and verbal communication skills, including the ability to convey technical information to both technical and non-technical audiences. A team player who can collaborate effectively.  
  • Creative problem-solving abilities.
  • Proficiency in project management software, budgeting tools, and relevant applications.
  • A commitment to continuous learning and staying updated on industry trends.

About our Culture

At Groma, we’re looking to build something big and are on a fast growth trajectory. While a healthy work-life balance is important to our team, we want to be upfront that there may be times when we expect commitments outside of the standard 9-5. We strive to respect individuals and their needs while also acknowledging the reality that we have a small team that is trying to accomplish some very ambitious goals in a short time period.  

We are also focused on maintaining our dynamic in-office culture at Groma’s headquarters in beautiful downtown Boston, Massachusetts. We believe that in-person collaboration and spontaneous interpersonal interaction is critical to the company’s success at this stage. Also, our office is great. We own the whole building and have made it very much our own space. We’ve got a gym, shower/locker rooms, a game room, a rooftop garden, and all the normal stuff to make an office a comfortable work environment and a fun place to be. We understand that everyone will need flexibility from time to time, but want to be transparent with this expectation.

We have an ever-evolving list of values and conventions that guide how we operate as a company, but here are some of our core ones:

  • We approach our work with pragmatic idealism that enables us to focus on our desire to make the world a better place in ways big and small while also being open to intelligent compromises that accelerate us on our path to serve our broader societal goals.
  • Our whole team believes strongly that the challenges we are trying to solve require effective teams, not individual heroes.
  • We have complex conversations well. We sit at the intersection of housing and blockchain policy, both nuanced topics with real-world impacts. We pride ourselves on being thoughtful, seeking the best solutions to real-world challenges, and implementing them effectively in the real world.

Job Benefits

We offer a competitive salary and benefits package, including medical, dental, and vision insurance, 401(k) with company match, and paid time off. If you are interested in this exciting opportunity, please submit your resume and cover letter for consideration.

  • 5% 401k match
  • High-quality health, dental, and vision insurance plans
  • Fully covered commuter passes for bus, subway, boat, or commuter rail
  • Competitive paid time off policy
  • Competitive compensation package
  • 13 official company holidays
  • 1 floating holiday: We recognize that there are lots of holidays that are meaningful to different people in different ways, and we want to celebrate that by enabling team members to have the time/space to commemorate those days however is appropriate and using it as an opportunity - if they’d like to - to share the meaning of that day with the broader team




The Company
HQ: Boston, MA
29 Employees
On-site Workplace
Year Founded: 2020

What We Do

Groma is a vertically integrated real estate investment, development, and management company combined with a tech startup building tools to provide better outcomes for our investors, tenants, and the communities we serve.

Founded in 2020 and based in Boston, MA, Groma brings together a team of real estate, logistics, property operations, and technology experts.

We believe the world works better when everyone owns a part of it. And we’re hard at work trying to make that happen.

We imagine a future where millions of people are renters and owners, blending the flexibility of renting with the wealth-building potential of diversified real estate ownership.

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