FP&A Senior Manager

DEVCO MANAGEMENT COMPANY LLC•Saint Louis Park, MN

7d•$140,000 - $165,000•Hybrid

About The Position

DevCo is seeking a full-time FP&A Senior Manager to join our team in Minneapolis, MN in a hybrid in-office capacity. Reporting to the President, Finance & Investments/CFO at DevCo Residential Group, the FP&A Senior Manager supports Development, Construction, and Asset Management functions by providing financial modeling, reporting, and analytical support. The FP&A Senior Manager will oversee an FP&A Analyst and coordinate with senior leadership to evaluate transactions, monitor performance, and provide analytical support for decision-making across the organization.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Business, or a related field.
5-7 years of financial analysis experience, ideally in real estate development, investment, or consulting (development-focused preferred).
Familiarity with multifamily assets or other real estate asset classes.
Strong facility with Financial Performance Management platforms such as Vena, Prophix, Workday Adaptive, Anaplan
Familiarity with real estate ERP financial systems such as Yardi.
High degree of proficiency in Microsoft Excel, including financial modeling, formulas, and data analysis.
Strong Managerial Accounting skills.
Strong analytical and organizational skills.
Ability to convey financial information clearly and professionally in institutional-level materials.
Ability to work collaboratively and manage supporting team members.
Direct exposure to commercial real estate concepts.
Experience with budgeting, forecasting, and variance analysis.

Nice To Haves

Interest in affordable housing or LIHTC projects.

Responsibilities

Lead the annual budgeting process and periodically reforecast across all business lines.
Develop and maintain integrated corporate entity financial forecasts, including income statement, balance sheet, and cash flow projections.
Oversee short-term and long-term capital planning.
Support development pipeline forecasting, including predevelopment expenditures, construction funding requirements, lease-up projections, and stabilization timelines.
Provide financial analysis and recommendations to support executive decision-making.
Develop scenario analyses and sensitivity models related to development projects, capital allocation decisions, financing alternatives, and strategic initiatives.
Evaluate the financial implications of business opportunities, investments, organizational initiatives, and operational changes.
Prepare materials and analyses for executive leadership, lenders, investors, and board presentations.
Support analysis of development, acquisition, refinance, recapitalization, and disposition opportunities.
Maintain portfolio-level performance reporting across development, construction, lease-up, and stabilized assets.
Analyze operational performance, lease-up trends, revenue performance, and expense management opportunities.
Assist in evaluating portfolio strategies and investment performance.
Partner with Asset Management and Development teams to monitor project and portfolio business plans.
Lead the development and enhancement of FP&A processes, systems, and reporting infrastructure.
Improve forecasting accuracy, reporting efficiency, and data integrity.
Assist with implementation and optimization of budgeting, planning, and business intelligence tools.
Develop standardized reporting methodologies and documentation.
Promote data-driven decision making throughout the organization.

Benefits

100% company paid medical benefits for employee coverage.
100% company paid dental and vision benefits for employee coverage.
Healthcare and dependent care flexible spending accounts.
Company paid life insurance, AD&D and long-term disability benefits for employee coverage.
Best-in-class voluntary insurance benefits.
Pre-tax and Roth 401(k) programs with a company match equal to 100% of the first 4% contributed by the employee.
Employee assistance program (EAP) with 24/7 counseling service
Company-sponsored industry training and certifications.
3 weeks of paid time off each year.
Up to 12 paid holidays each year