Real Estate Finance Manager

Five Below•Philadelphia, PA

14d

About The Position

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 20,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in. It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace! BRAND DESCRIPTION: At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 20,000 associates who work at Five Below and they’ll tell you there’s no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in. It’s all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace! POSITION SUMMARY We are seeking a results-driven Real Estate Finance Manager to join our finance team at Five Below, a fast-growing retail company. This role will serve as the financial lead for all real estate–related initiatives, including new store growth, lease management, and portfolio optimization. The Real Estate Finance leader will partner with Real Estate, Construction, and Operations teams to drive data-driven decisions that maximize return on investment and support our long-term expansion strategy.

Requirements

Bachelors degree, MBA or Master's degree in Real Estate or Finance, or equivalent experience in related field
7+ years of experience in real estate / finance working for a national/regional retailer
High level of proficiency with Microsoft Office products such as Excel, Word, PowerPoint, etc.
Advanced financial modeling and Excel skills; experience with real estate systems and GIS tools a plus
Excellent communication and presentation skills; ability to influence across departments and with senior executives
Proficiency in retail finance and reporting
Possess exceptional organizational skills with the ability to handle multiple tasks/projects, while working independently
Excellent written and verbal communication skills, and strong interpersonal and relationship building skills
Position requires an individual with a passion for creating actionable performance insights that can drive real estate strategy refinements
Communicate effectively, both horizontally and vertically
Strong presentation skills
Self-motivated with critical attention to detail and deadlines

Nice To Haves

Experience with Power BI is highly desirable
Experience portfolio analytics (e.g. cannibalization analysis is a plus)

Responsibilities

Partner with Real Estate and Development teams to evaluate new site opportunities, remodels, relocations and expansions
Build and maintain financial models (IRR, NPV, payback, sensitivity analysis) to support site selection and capital investment decisions
Provide financial oversight for lease negotiations, including rent economics, incentives, and landlord terms
Monitor market trends, demographic data, and competitor activity to inform location strategy
Lead in-depth post audit on store cannibalization impacts from prior year new store classes
Assist in identifying sales performance / profitability trends & influencing factors within overall portfolio
Analyze and manage the existing store portfolio to identify opportunities for cost savings, renewals, or terminations
Support negotiations for lease renewals and extensions by providing financial insight and scenario analysis
Develop reporting and dashboards on occupancy costs, lease expirations, and store-level profitability
Act as the key finance partner for Real Estate, Construction, and Operations teams
Present financial analyses and recommendations to senior leadership and Real Estate Committee
Support strategic initiatives such as new format testing, geographic expansion, etc.
Translate highly technical data and concepts into simplified summaries and actionable insights to drive strategic decisions and anticipate/respond to cross functional business needs
Develop insightful, condensed PowerPoint presentations out of complicated analytics
Apply appropriate quantitative methods to analyze data and recommend key strategies against which others can work
Complete time sensitive special projects upon request
Build dashboards and reports that integrate data from across difference sources to provide superior business and operational insights to senior leadership