FP&A Senior Manager
About the role
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.
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.
Qualifications
- 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.
- Interest in affordable housing or LIHTC projects.
Skills
- 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.