FP&A Senior Manager

Description

DevCo is seeking a full-time FP&A Senior Manager to join our team in Bellevue, WA 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.

Mission:

DevCo Residential Groups mission is to develop, construct and manage high-quality multifamily housing that provides stability, fosters growth and delivers long-term value to our residents and stakeholders.

Vision:

DevCos vision is to be a leading developer, builder and manager of quality multifamily housing throughout the western US.

Values:

- Quality: We deliver excellence in every aspect of our work.

- Commitment: We honor our promises with unwavering dedication.

- Teamwork: We achieve more together through collaboration and respect.

- Integrity: We uphold the highest ethical standards in all we do.

Pay Details: $140,000 to $175,000 in annual salary + Performance bonus target of 15%

Schedule: Monday-Friday (Hybrid in-office format as agreed upon with hiring manager)

Benefits Offered

- 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

Financial Planning & Forecasting

- 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.

Strategic Finance & Decision Support

- 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.

Real Estate & Portfolio Analytics

- 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.

Process Improvement & Systems Development

- 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.

Qualifications

- Bachelors 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.

- Interest in affordable housing or LIHTC projects.

DevCo Residential Group is an Equal Opportunity Employer.