Senior Manager, Finance & Investments - Retail ($133,700.00-$171,500.00)
Irvine, CA, 92617
Position Summary:
The Finance & Investments group provides analysis, advisory, and decision support for investment activities of the Retail division.
Responsible for analytical and financial support to the Irvine Company Retail Properties division (“ICRP”). The position will add value by providing rigorous investment and transactional analysis, market research, and general analytic advisory support to help drive division financial performance.
The Senior Manager role is designed to provide quantitative and other analytical support for the entire Retail division, including the executive team. The role will involve:
- Real estate investment analytics.
- Significant interpersonal collaboration within the division, including direct engagement with senior management.
- Preparation of materials for the division, Investment Committee, Rating Agencies, and the Board of Directors, among others.
- Ad hoc analysis to assist in strategic decision-making.
- Assist in divisional financial planning and forecasting.
Job Duties:
Specific responsibilities are as follows:
- Perform and review underwriting and analytics for all ICRP investments, including development, acquisition, leasing, redevelopment and reinvestment.
- Prepare and review capital requests for all major investments including production of financial exhibits.
- Actively track project financial performance and communicate results; collaborate with Development, Leasing and Operations to identify areas for additional growth or improvement.
- Perform operational analytics such as tenant credit reviews, renewal fair market rent analysis, and tenant workouts.
- Collaborate with SP&A department to support ICRP annual business plan and quarterly forecasts.
- Prepare key deliverables to support investment decisions, including investment rationale memos, financial exhibits, board materials, and internal executive communication.
- Monitor performance and key trends for retailers and peer retail real estate companies.
- Develop financial models and analytic frameworks to support new strategic initiatives as well as decision-making.
- Review and assist with process-level enhancements.
- Create ad-hoc analyses in support of corporate and divisional strategic projects.
Minimum Qualifications / Other Expectations:
Education & Experience:
- BA or BS in Finance, Business, Accounting, Economics, Real Estate, or a related field. MBA/CFA preferred.
- 5-10 years financial analysis experience within commercial real estate, retail, investment banking, or corporate finance.
Other:
- Self‐motivated, collaborative and highly organized team player with strong attention to detail;
- Ability to thrive in a fast-paced, deadline oriented work environment;
- Experienced with financial statement analysis and a strong understanding of corporate finance concepts;
- Highly articulate with excellent verbal and written communication skills;
- Advanced understanding of real estate financial concepts (NPV, IRR, etc.).
- Advanced user of Microsoft suite, with an emphasis on Excel
- Work will take place in our Irvine office with very limited opportunities for remote work
Compensation:
Base Pay Range: $133,700.00 - $171,500.00
Actual placement within this range may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.
The Company also offers competitive benefits for full time employees including paid time off, matching 401(k), and health benefits.
About Us:
Irvine Company Retail Properties (a division of Irvine Company) has created some of America’s most popular retail centers. Each of our 40 retail centers - including Fashion Island in Newport Beach, Irvine Spectrum Center and The Market Place, as well as neighborhood shopping centers like Woodbury Town Center in Irvine - is meticulously planned and ideally located to support the community it serves.
We take as much pride in our employee community as we do the communities we create. It’s an environment populated with talented and experienced people, a collaborative spirit and abundant opportunities.
Apply today to join our employee community, and learn more about Irvine Company, our legacy and our guiding principles.
The Irvine Company is committed to providing equal opportunity in all of our employment practices, including selection, hiring, promotion, transfer, compensation, termination, and training, without regard to race, religion, color, sex, sexual orientation, gender, gender identity, national origin, ancestry, citizenship status, marital status, pregnancy, age, medical condition, genetic information, military and veteran status, disability, or any other basis protected by federal, state, and local law. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
#LI-Onsite
Nearest Major Market: Irvine California
Nearest Secondary Market: Los Angeles
Job Segment:
Real Estate, MBA, Manager, Sales, Management, Retail