Finance Director, Real Estate Analysis - Strategic Placement Solutions (Philadelphia, PA) in Philadelphia, Pennsylvania For Sale
The Finance Director, Real Estate Analysis is responsible for evaluating the investment in new stores, relocations, and other real estate transactions. In addition, the position will manage the real estate reporting needs which includes design, content, frequency of distribution, and method of report production. The position will serve as the primary finance liaison with the real estate department and will collaborate, challenge, and make recommendations concerning investment decisions and reporting requirements. Specific Responsibilities: * Oversee the analysts in the evaluation of new markets identified by Real Estate for incremental sales and profit. This includes using sophisticated software and analytical techniques to determine market sales lift. * Oversee the evaluation of store relocation and renewal opportunities identified by Real Estate for incremental sales and profit. This includes performing complex analyses to properly evaluate incremental profit and ROI. * Manage a staff of financial analysts responsible for analyzing and challenging revenue, profit, capital investment, and ROI assumptions for new store investments and monitoring new store performance vs the investment assumptions. These tasks are performed using demographic data, mapping tools, and customized software along with complex investment models to perform sophisticated financial and statistical analysis. * Oversee the analysis of new store performance for incremental sales and profit vs model assumptions. Prepare presentations for management and BOD explaining variations to model. Reevaluate assumptions used to make future investment decisions. * Responsible for the design, content, frequency of distribution, and determining method of production for the reports and scorecards required to measure performance of the retail fleet and retail investment decisions. * Oversee the maintenance of a complex excel based investment model for accuracy, relevance and completeness of all assumptions used to drive ROI analysis. Validate ROI hurdle for future investment decisions. * Oversee the production of the presentations used by the real estate committee to approve new store investments. Education & Experience Requirements: * PREVIOUS RETAIL INDUSTRY EXPERIENCE A MUST * 4-year accounting/finance degree. MBA preferred. * Previous experience conducting quantitative & qualitative analysis on proposed new store locations, relocations, remodels and closures * Thorough understanding of sales analysis, financial modelling and validation to determine net market lift, cannabolization and ROI * Experience conducting competitor impact studies and assessments for overall market impact of store population * Ability to provide support and analysis for investment decisions * Must have market planning experience. Role focuses on evaluating potential store sites. * Advanced Excel skills * Proficient using Powerpoint and presenting analysis to executives which will include the Real Estate Committee, Bain Capital (parent company), and the strategy team. * Experience using sales projection software such as Tango Mgmt. a must Skills and Certifications Retail store trending & forecasting experience Understanding of competitor impact analysis quantitative & qualitative analysis skills Analyze new store performance using models Real estate analysis experience Market strategy development experience Market planning analysis Understanding of financial modeling Description of the Ideal Candidate - must have supervisory experience - must be excellent using excel - must have prior store analysis experience The ideal candidate has worked for these companies: Candidate MUST HAVE prior real estate research and market strategy experience from a large multi-store retail company
Source: http://www.bullhornreach.com/job/xxxx24_finance-director-real-estate-analysis-philadelphia-pa?utm_source=backpage.com&utm_medium=referral&utm_content=job&utm_campaign=feeds1