Director, Development Execution & Real Estate, Tim Hortons, US

Tim Hortons

Florida

On-site

USD 180,000 - 240,000

Full time

10 days ago

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Benefits offered by this job

Global paid parental leave
Telemedicine and mental wellness
Comprehensive benefits

Job summary

Tim Hortons US seeks a Director of Development Execution & Real Estate to own the strategy and execution of the US restaurant development portfolio, including openings, remodels, closures, and real estate site selection. This role leads a team of four and partners with franchisees, Finance, Design & Construction, and RBI’s real estate community to drive profitable growth and portfolio optimization.

The role requires thoughtful market analysis, strong financial acumen, and executive-level

Qualifications

  • Proven leadership of managers and teams in real estate and development.
  • Experience with site selection, market planning, and portfolio strategy.
  • Strong financial underwriting and budgeting capabilities.

Responsibilities

  • Own US restaurant development strategy, budget, and pipeline.
  • Lead market expansion, site selection, and real estate underwriting.
  • Oversee remodels, closures, and new openings across multi-market portfolio.
  • Develop financial analyses: ROI, IRR, payback, rent, incentives.
  • Coach a four-person team and present recommendations to senior leadership.
  • Collaborate with franchisees, Finance, Design & Construction, Legal and external counsel.
  • Ensure projects stay on time, within budget and meet returns.

Skills

People leadership
Real estate
Financial modeling
Executive communication
Project management
Stakeholder management

Education

Bachelor’s degree in Business, Real Estate, Finance
MBA preferred

Tools

Lucernex
Microsoft Excel
PowerPoint

Job description

Ready to make your next big professional move? Join us on our journey to achieve our big dream of building the most loved restaurant brands in the world.Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with nearly $45 billion in annual system-wide sales and over 32,000 restaurants in more than 120 countries and territories.RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS, BURGER KING, POPEYES, and FIREHOUSE SUBS. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.RBI is committed to growing the TIM HORTONS, BURGER KING, POPEYES and FIREHOUSE SUBS brands by leveraging their respective core values, employee and franchisee relationships, and long track records of community support. Each brand benefits from the global scale and shared best practices that come from ownership by Restaurant Brands International Inc.Job SummaryThe Director, Development Execution & Real Estate owns the strategy and execution of the Tim Hortons US restaurant development pipeline, including new restaurant openings, remodels, closures, and real estate site selection. This role is accountable for the health, growth, and optimization of the US restaurant portfolio and leads a team of four.The Director develops and executes the broader market expansion and real estate strategy for Tim Hortons US, helping guide where and how the brand grows across the United States. The role requires thoughtful evaluation of market potential, real estate availability, restaurant density, franchisee capabilities, supply-chain considerations, and long-term portfolio economics.The Director partners directly with Tim Hortons US leadership, franchisees, Legal, Finance, Design & Construction, and RBI’s broader real estate and development community to drive profitable new-unit growth, portfolio optimization, and restaurant image transformation. This role owns the development lifecycle from market and site identification through real estate underwriting, site approval, construction handoff, and grand opening, while also leading remodel strategy and closure mitigation to protect the health of the overall restaurant network.RBI follows a 5 day, in-office work schedule to support collaboration. Successful candidates will be expected to work onsite 5 days per week.Responsibilities:Own the strategy, budget, and execution of the US restaurant development pipeline, including new openings, remodels, and closures, in partnership with Tim Hortons US leadership.Develop and execute the market expansion and real estate strategy for Tim Hortons US, including market prioritization, existing-market densification, adjacent-market expansion, and selective entry into new markets.Evaluate market opportunities based on long-term growth potential, restaurant density, real estate availability, franchisee capabilities, supply-chain access, customer awareness, and operating scale.Lead the Real Estate function for Tim Hortons US, overseeing site-selection strategy, market planning, real estate underwriting, and site-approval recommendations.Lead the Development Execution function, overseeing the administrative, approval, and project-management processes supporting restaurant openings and remodels.Build and review financial analyses for development and real estate opportunities, including site-level ROI, IRR, payback, capital investment, rent, incentives, sensitivities, and portfolio-level tradeoffs. Translate analysis into clear recommendations for senior leadership.Manage, coach, and develop a team of four, setting priorities, building capability, and driving accountability across both functions.Serve as the primary point of accountability to Tim Hortons leadership for market recommendations, site recommendations, portfolio strategy, development economics, and closure mitigation plans.Partner cross-functionally with franchisees, Finance, Design & Construction, Legal, and external stakeholders to ensure real estate transactions and development projects are completed on time, within budget, and in line with approved returns.Lead closure mitigation and portfolio optimization strategy for the US market, identifying at-risk restaurants early and developing retention, relocation, transfer, or closure plans to protect the overall network.Own the US remodel pipeline, ensuring restaurants are prioritized appropriately, investment scopes are aligned with restaurant economics, image standards are met, and projects remain on schedule.Oversee project setup, tracking, and reporting across Lucernex and other project-management systems, ensuring data integrity and reliable leadership reporting.Represent Development and Real Estate on enterprise-wide initiatives, ensuring Tim Hortons US priorities are reflected in broader RBI real estate and development strategy.Organizational Structure -This role leads a team of four:Two Real Estate ManagersOne Development Execution ManagerOne Development Execution Senior ManagerSkills & Qualifications:Proven people-leadership experience, with a track record of managing, coaching, and developing managersKnowledge of restaurant or retail real estate, including site selection, market planning, market analysis, lease and purchase negotiations, and portfolio strategyStrong financial and analytical acumen, including experience building financial models, evaluating site-level returns, managing development budgets, and assessing capital-investment tradeoffsStrategic mindset with the ability to evaluate long-term market expansion opportunities while balancing growth, returns, risk, and operational feasibilityExecutive-level communication and presentation skills, with experience presenting recommendations to senior leadershipProficiency with Microsoft Office Suite, particularly Excel and PowerPointExcellent organizational skills, with the ability to manage multiple concurrent priorities and deadlines across a large, multi-market portfolioAbility to build and maintain effective relationships with franchise partners, internal Real Estate, Design, Construction, Legal, Finance, and outside counselExtensive experience negotiating with and influencing franchisees and external stakeholdersKnowledge of real estate and development databases and systems, such as LucernexAbility to anticipate, prioritize, and resolve complex and ambiguous problems independentlyEducation and Experience:Bachelor’s degree in Business, Real Estate, Finance, or a related field; MBA preferred8+ years of progressive experience in franchising, business development, real estate, finance, and/or restaurant development, including direct people-leadership experienceProven experience leading market expansion, real estate site selection, financial underwriting, and/or development execution for a multi-unit restaurant or retail brandDemonstrated experience building or reviewing financial analyses for development, real estate, or capital-investment decisionsExtensive franchisee- or customer-facing experience requiredDemonstrated experience managing complex vendor, franchisee, and cross-functional relationships at a senior level#TimHortonsRBI follows a 5 day, in-office work schedule to support collaboration. Successful candidates will be expected to work onsite 5 days per week.Benefits at all of our global offices are focused on physical, mental and financial wellness. We offer unique and progressive benefits, including a comprehensive global paid parental leave program that supports employees as they expand their families, free telemedicine and mental wellness support.Restaurant Brands International and all of its affiliated companies (collectively, RBI) are equal opportunity and affirmative action employers that do not discriminate on the basis of race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or veteran status, or any other characteristic protected by local, state, provincial or federal laws, rules, or regulations. RBI's policy applies to all terms and conditions of employment. Accommodation is available for applicants with disabilities upon request.
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