Director of Finance - BMS

Vornado Realty Trust • Paramus, NJ

301d

About The Position

Vornado Realty Trust (NYSE: VNO) is an equity Real Estate Investment Trust (REIT) with over 30 million square feet of office and retail properties under management. With portfolio concentration in New York City, Vornado also owns premier assets of theMART in Chicago and the 555 California Street complex in San Francisco. Vornado's reputation in the industry is one of unmatched quality and integrity. For more than ten years, Vornado has been a leader in environmental sustainability among REITs and large commercial landlords in New York. Vornado's BMS team is seeking a Director of Finance to work in Paramus, NJ to serve as a leader of the BMS Finance team. Responsibilities include annual budget and reforecasting for the entire organization, preparation of quarterly management reports, including variation explanations and in-depth understanding and reporting of key business drivers. Must be able to understand and utilize sophisticated financial models that will enable the real-time delivery of insightful analysis of business trends, operating performance among peers, across business segments and to add value to management's decision-making process.

Requirements

• Bachelor's degree.
• 10+ years of applicable work experience.
• Demonstrated ability to establish positive relationships and work effectively with all internal and external constituencies.
• Able to formulate a data-driven independent opinion, supported by exploration of alternatives to bring fresh insights to the executive team.
• Excellent people management, leadership and development skills coupled with the ability to adjust to multiple demands, shifting priorities and rapid changes are essential.
• Ability to roll-up sleeves and work with team members in a hands-on management capacity.
• Strong leadership and assertiveness to drive business and finance management through all phases of the financial planning and analysis processes.

Responsibilities

• Drive an efficient, effective and comprehensive process for developing financial plans and analysis that links to the Company's strategic objectives.
• Develop and monitor the Company's annual budget and reforecasts, which include establishing budget tools, setting timelines, and ensuring that all budgets are accurate, comprehensive, and completed on time.
• Prepare and monitor the company's long range strategic planning models.
• Prepare quarterly management reports that include comprehensive key performance indicators, operational dashboard reporting, analysis of key business trends, actual versus budget variances and comprehensive executive level explanations of differences.
• Provide financial modeling, financial analysis, strategic initiatives, and other ad-hoc financial projects.
• Drive cost optimization and expense management effort across the organization to deliver efficiencies across the businesses.
• Maintain relationships with all the departmental management teams to ensure quality deliverables and proper information flow.
• Exhibit flexibility and willingness to take on new responsibilities and assignments as they are identified and to assist with various ad hoc projects as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Real Estate
• Education Level: Bachelor's degree