Manager, Commercial Finance - Real Estate

Pandora; New York (NY); On-site; USD 130,000 - 163,000; Full time

Benefits offered by this job

401K plan

Medical

Dental

Vision

Short/Long Term Disability

Basic Life and AD&D

Product discounts

Tuition reimbursement

Job summary

Pandora is seeking a Manager, Commercial Finance in New York to partner with Real Estate and lead network financials, P&L and CAPEX scenarios. You will own investment evaluations, build robust business cases, and mentor the Financial Analyst while aligning plans with strategic guardrails.

In this role you will translate financial data into clear commercial narratives for non-finance audiences and support Global and GM reviews. A strong background in FP&A and real estate finance is preferred.

Qualifications

• Experience evaluating investment proposals and developing business cases.
• Strong P&L and CAPEX modelling with scenario analysis.
• Budgeting, forecasting and variance analysis experience.
• Ability to present financial info to non-finance audiences.
• Experience coordinating inputs across stakeholders and leading a Finance Analyst.

Responsibilities

• Act as finance partner to Real Estate Leadership to shape store network and investments.
• Own financial evaluation of Real Estate investment proposals and develop business cases.
• Maintain integrated view of P&L and CAPEX underpinning store network plans.
• Track timing for forward integration, openings, closures, and reflect changes in forecasts.
• Manage the Financial Analyst and mentor finance partnering skills.

Skills

FP&A experience

Investment evaluation

P&L modelling

CAPEX modelling

Budgeting

Forecasting

Stakeholder management

Leadership

Education

Bachelor’s degree in finance/Accounting/Economics

MBA preferred

CPA preferred

Tools

OneStream

Job description

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City: New York

Country/Region: US

Application Deadline: N/A

As the largest jewellery brand in the world, we a give a voice to millions of people’s loves every day. Our beautiful products empower people all around the world to express themselves. We are proud to be part of their stories and the most important moments in their lives.

Where original thinking is welcomed, and can turn into positive impact in a heartbeat, we can dream big, dare to act, and deliver with care and passion. At Pandora where you can each craft far more than just an incredible career.

About the Team

At Pandora, we dream, dare, care, and deliver—bringing creativity and purpose into everything we do. Within the North America organization, the Commercial Finance team is focused on delivering accurate insights and enabling strategic and informed decisions that drive financial results that are aligned to our long-term Pheonix strategy.

The Commercial Finance team is a trusted business partner to Real Estate, combining financial insight with a deep understanding of store network plans and investment priorities. This role owns Network Financials and works alongside Real Estate Leadership to develop robust business cases and prepare for Global and GM reviews. It translates network shifts, P&L and CAPEX assumptions, and financial variances into clear commercial narratives for non-finance audiences. The role also supports the O&O Senior Manager on Non-Comp planning and analysis, owns the OneStream LFL exceptions process, and mentors the Financial Analyst.

Your Role as Manager, Commercial Finance

• Act as the trusted finance partner to Real Estate Leadership, combining financial insight, practical support, and constructive challenge to shape store network and investment decisions and prepare the team for Global and GM reviews.
• Own the financial evaluation of Real Estate investment proposals. Partner with the team to develop business cases, validate and refine P&L and CAPEX assumptions, assess alignment with investment guardrails, and explore alternative scenarios. Present clear recommendations, explaining the financial rationale and key trade-offs.
• Own Network Financials, maintaining a clear, integrated view of the P&L and CAPEX assumptions underpinning store network plans and investments. Translate network shifts and financial variances into clear explanations of what changed, why it changed, and what it means for business decisions, tailored to non-finance audiences.
• Maintain an integrated view of forward integration, store takeovers, openings, and closures, tracking planned and actual dates and milestones. Quantify their impact on O&O performance, highlight delays and financial risks, and incorporate changes in timing and assumptions into forecasts and reporting.
• Support the O&O Senior Manager with Non-Comp Budget, Estimate and LE preparation and variance analysis, aligning plans with expected network changes. Explain key drivers and highlight risks, opportunities, and implications in clear commercial language.
• Own the OneStream store list and process, maintaining accurate, up-to-date records and clear documentation. Coordinate stakeholder inputs and follow-up and resolve outstanding items.
• Manage the Financial Analyst, set clear priorities, review the quality of analysis and reporting, and develop financial modeling and business partnering skills.
• Bachelor’s degree in finance, Accounting, Economics, or related field (MBA or CPA preferred)
• 8+ years of progressive experience in FP&A, ideally in consumer goods or retail
• Experience evaluating investment proposals, developing business cases, and assessing expected returns, financial risks, and alternative scenarios.
• Experience in budgeting, forecasting, and variance analysis, with the ability to quantify the impact of store network changes.
• Experience coordinating planning and reporting inputs across stakeholders and maintaining accurate supporting records.
• Ability to manage a Financial Analyst and develop financial modelling and business partnering skills.
• Strong investment appraisal, P&L. and CAPEX modelling, business case development, and scenario analysis skills, with the ability to understand, own, and clearly explain underlying assumptions.
• Strong budgeting, forecasting, and variance analysis skills to support Non-Comp Budget, Estimate and LE preparation.
• Ability to translate forward integration, takeover, opening, and closure timing into clear financial impacts and reporting.
• Ability to maintain an accurate OneStream store list, document exceptions, coordinate follow-up, and resolve outstanding items.
• Strong communication and presentation skills, with the ability to explain network shifts, P&L and CAPEX assumptions, and financial variances in clear commercial language for non-finance audiences and prepare Real Estate partners for Global and GM reviews.
• Effective business partnering with Real Estate Leadership, the O&O Senior Manager, and other stakeholders.
• Strong attention to detail, prioritization, and ownership of analysis and reporting quality.
• We Dare! We offer robust compensation package including base and bonus, a 401K plan to help you secure your financial future
• We Care! Pandora offers extensive benefits including: Medical, Dental, Vision, Short/Long Term Disability, Basic Life and AD&D, anniversary gift cards, recognition program and product discounts!
• We Dream! Pandora is fostering growth and crafting opportunities to support the business needs which learning and development programs, continuous feedback, LinkedIn learning, tuition reimbursement and more
• We Deliver! PTO Package including: Vacation, Personal, Sick, Celebration days and Paid Holidays

New York Salary: $130,100.00 - $162,600.00 commensurate with experience

About Pandora

Pandora is the world's largest jewellery brand, specialising in the design, crafting and marketing of accessible luxury jewellery made from high-quality materials. Each piece is created to inspire self-expression, allowing people to share their stories and passions through meaningful jewellery. Pandora jewellery is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 37,000 people worldwide and crafts its jewellery using only recycled silver and gold. Pandora is committed to leadership in sustainability and has set out to halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 31.7 billion (EUR 4.2 billion) in 2024.

Pandora’s recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors, possible biases, and risks of discrimination. We encourage everyone applying to our vacancies to refrain from adding identity-related elements such as a photo, marital status, and age.

About Pandora NAM

The Pandora North America team in the USA & Canada consists of more than 115 employees working at our offices in New York & Baltimore, more than 80 in our Logistics Center in Columbia, Maryland, an additional 100 in field positions, and more than 3,900 in our owned and operated stores.

Today, the USA is Pandora’s single largest market. The Pandora North American region as a whole encompasses over 1,400 points of sale, including over 420 concept stores, with more than 300 being owned and operated by Pandora.