Senior Manager, Real Estate Finance

We are authentic, professional providers of fun, focused on building a Great Place To Work For All by staying true to our mission: “Life’s a Party, We’re Makin’ It Fun!” and “So Much Fun It’s Scary!” At Spencer’s and Spirit, we do the right thing always—integrity, fairness, respect, and transparency are our foundation. You will find our culture to be inclusive, passionate, resilient, and one that values differences and embraces all. One Team / One Goal.

Responsibilities

• Serve as the primary finance partner supporting the Real Estate organization.
• Develop financial analyses supporting new store growth, relocations, renewals, expansions, remodels, and store closure decisions.
• Build and maintain financial models evaluating investment returns, profitability, and long-term portfolio performance.
• Support annual budgeting and monthly forecasting for occupancy expense and real estate-related investments.
• Prepare executive reporting and dashboards tracking portfolio performance and key financial metrics.
• Evaluate proposed real estate investments using ROI, payback, NPV, IRR, cash-on-cash return, and sensitivity analyses.
• Prepare financial underwriting for all real estate approval packages.
• Analyze lease economics, occupancy costs, sales productivity, and market performance to support strategic decisions.
• Partner with Real Estate leadership during lease negotiations by modeling financial impacts of lease terms, rent structures, tenant allowances, and landlord incentives.
• Develop scenario analyses supporting market entry, relocations, store resizing, and portfolio optimization initiatives.
• Monitor occupancy expense trends across the store fleet and identify opportunities to improve portfolio profitability.
• Analyze store performance relative to occupancy costs, lease terms, and market conditions.
• Support portfolio rationalization initiatives through financial analysis of underperforming locations.
• Produce recurring reporting on occupancy metrics, lease expirations, rent escalations, and portfolio health.
• Assist in evaluating co-tenancy risks, percentage rent exposure, and landlord compliance requirements.
• Partner closely with Real Estate, Construction, Legal, Accounting, Store Operations, and FP&A teams.
• Support the annual capital planning process for new stores and major real estate investments.
• Provide financial support for strategic initiatives including acquisitions, market studies, and special projects.
• Present financial analyses and recommendations to senior leadership and Real Estate Committee meetings.
• Continuously improve reporting tools, financial models, and analytical processes.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Real Estate, or related field required.
• 7–10 years of experience in real estate finance, financial planning & analysis, or related field.

Benefits

• Flexible work environment
• Career advancement opportunities
• Competitive base salary
• Bonus opportunity
• Vacation, Personal, Sick, and Holiday pay
• Medical, Dental, Vision, Disability, Life, and AD&D insurance
• 401k with a company match
• 30% merchandise discount

Pay

$100k - $150k / year