Remote Employee BPO has an outstanding opportunity for you!

Role: Development Finance & Draw Manager

Compensation: Competitive Basic Salary

Benefits: HMO plus 2 Free Dependents, P1,500 Rice Allowance, Night Differential (If applicable).

Work Schedule: 5-day work week, 12:00AM to 9:00AM, Philippine time

Work Setup: Work From Home

About the company:


This organization supports real estate investment managers and family offices in scaling their operations with confidence. Based in Los Angeles, it serves as a full-service accounting and operations partner, working closely with client teams to provide reliable financial and operational support.

Its approach focuses on precision, flexibility, and cost efficiency—helping clients manage complex investment structures while maintaining focus on growth. Backed by leadership with Big 4 experience and extensive industry expertise, it delivers scalable solutions that minimize overhead, ensure continuity, and meet critical deadlines.


About the Role:

Seeking a full-time Draw & Development Manager to support the day-to-day financial and operational needs for the client — a 39-unit HOME-funded residential development in Birmingham, Alabama. Reporting directly to the CFO, this person will be embedded in the project from financial close through final unit sale. This is a full-time, hands-on role that goes beyond draw management. You will support the development team on coordination tasks, assist the construction team with documentation and follow-up, and handle all administrative needs tied to the project. One person, fully dedicated, across every function the project requires.

What You will Do



Draw Management

• Own the full monthly construction draw cycle from package preparation through submission and disbursement tracking
• Prepare complete draw packages each month including: Owner's sworn statement, sources and uses statement, contractor's sworn statement, G702/G703 documents, signed change orders, check request schedule, and all invoice backup
• Submit draws in the format required by the City of Birmingham Development Office — 4 weeks advance notice required per the Development Agreement
• Maintain a detailed project cost ledger tracking all costs by vendor, invoice number, date, and transaction from closing through completion
• Create and maintain a contingency fund schedule tracking proposed usage, approved amounts, and approval dates
• Track the 10% retainage withheld on all construction draws and reconcile against disbursements monthly
• Prepare the closing draw package including pre-closing cost schedule, closing sources and uses, and closing payee instructions
• Flag any draw discrepancies, budget overruns, or timeline concerns to the CFO immediately

Davis-Bacon & Prevailing Wage Compliance

• Collect and review weekly certified payroll reports from the GC and all subcontractors — required with every draw submission
• Verify that all laborers and mechanics are being paid at or above DOL prevailing wage rates applicable to Jefferson County, Alabama
• Maintain certified payroll records in audit-ready condition — the company bears full liability for any violations
• Flag any payroll discrepancies or missing submissions to the CFO immediately
• Support Section 3 reporting — documentation of employment of low-income persons and Section 3 businesses

Lender & City Communications

• Serve as the primary day-to-day contact with the City of Birmingham Development Office and the construction lender on all draw-related matters
• Coordinate the project kick-off meeting with the lender, title company, and applicable stakeholders
• Review all closing documents to identify draw requirements, funding source conditions, and milestone requirements
• Schedule and prepare for lender site inspections — ensure documentation and the site are ready
• Respond to lender and City document requests promptly and track all outstanding deliverables

Reporting & Compliance Calendar

• Own the project compliance calendar — every deadline must be calendared and met without exception
• Prepare and submit monthly progress reports to the City Development Office by the 15th of each month
• Prepare and submit the annual performance report by August 31 each year
• Support preparation of per-unit cost certifications required at each homebuyer closing
• Track and maintain affirmative marketing documentation and homebuyer application packages per unit
• Maintain all project records per Section XIII of the Development Agreement — 5-year retention requirement post-completion

Development & Construction Team Support

• Support the development team with coordination tasks, scheduling, and documentation as needed throughout the project lifecycle
• Assist the construction team with documentation, subcontractor follow-up, and milestone tracking
• Track Certificate of Occupancy status by unit and coordinate with the construction team on completion timelines
• Coordinate with the construction team on work completion milestones tied to draw submissions
• Handle all administrative tasks tied to the project — vendor correspondence, scheduling, file management, and internal coordination
• Maintain organized digital project files — draws, payrolls, compliance docs, lender correspondence, and construction documentation
• Provide weekly status updates to the CFO on draw pipeline, outstanding items, and compliance calendar

What Success Looks Like:

• Every monthly draw is submitted on time with complete documentation — zero missed deadlines
• Certified payrolls are collected, reviewed, and filed before each draw package goes out
• The project cost ledger is current, accurate, and audit-ready at all times
• Monthly and annual City reports are submitted by the 15th and August 31 — every time
• The CFO and development team are never surprised — issues are flagged early
• The construction team has a reliable point of contact for documentation and coordination needs
• Davis-Bacon compliance is airtight and ready for any audit

What We Are Looking For

• 3+ years in construction draw management, real estate finance, development coordination, or a related field
• Experience with government-funded projects — HOME, CDBG, HUD, or similar programs strongly preferred
• Working knowledge of draw packages: G702/G703, sworn statements, sources and uses
• Understanding of Davis-Bacon Act prevailing wage requirements and certified payroll compliance
• Strong organizational skills and attention to detail — nothing falls through the cracks
• Strong written and verbal communication skills — you will interface with lenders, the City of Birmingham, and the construction team regularly
• Ability to manage multiple priorities simultaneously and work independently with minimal direction
• US East Coast business hours availability — the project is in Alabama and all City and lender communications run on ET
• Proficiency in Excel and document management; construction or draw management software experience a plus