FP&A Senior Manager

Devco Residential Group; Minneapolis (MN); On-site; USD 140,000 - 165,000; Full time

Benefits offered by this job

100% company paid medical benefits for employee coverage

100% company paid dental and vision benefits

3 weeks of paid time off annually

401(k) programs with company match

Job summary

Devco Residential Group is seeking a full-time FP&A Senior Manager to support their Development, Construction, and Asset Management functions in Minneapolis. This role offers a hybrid work arrangement and entails responsibilities including leading budget processes, financial analysis, and strategic finance support.

The ideal candidate has a Bachelor's degree in Finance or related field, with 5-7 years of relevant experience in financial analysis, particularly in real estate development. The position includes a competitive salary range of $140,000 - $165,000 per year and an extensive benefits package.

Qualifications

• 5-7 years of financial analysis experience, ideally in real estate development.
• Familiarity with multifamily assets or other real estate asset classes.
• Experience with budgeting, forecasting, and variance analysis.

Responsibilities

• Lead the annual budgeting process and periodically reforecast across all business lines.
• Provide financial analysis and recommendations to support executive decision-making.
• Support analysis of development, acquisition, refinance, recapitalization, and disposition opportunities.

Skills

Financial analysis experience

Financial Performance Management platforms

Proficiency in Microsoft Excel

Managerial accounting skills

Strong analytical and organizational skills

Education

Bachelor’s degree in Finance, Accounting, Economics, Mathematics, Business, or related field

Tools

Microsoft Excel

ERP financial systems like Yardi

Job 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.

Salary Range: $140,000.00 - $165,000.00 per year

Schedule: Monday – Friday (Hybrid in‑office format as agreed upon with hiring manager)

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.

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 pre‑development 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.

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.
• 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.
• Ability to convey financial information clearly and professionally in institutional‑level materials.
• Ability to work collaboratively and manage supporting team members.
• Direct exposure to commercial real estate concepts.
• Experience with budgeting, forecasting, and variance analysis.
• Interest in affordable housing or LIHTC projects.

DevCo Residential Group is an Equal Opportunity Employer.