FP&A Senior Manager
Description
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.
Mission:
DevCo Residential Group’s 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:
DevCo’s 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 $165,000 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.