Real Estate Development Manager

circlek; Minnetonka (MN); On-site; USD 85,000 - 115,000; Full time

Job summary

Circle K is seeking a Financial Analyst to support site qualification and decision-making for lease or purchase opportunities. The role involves building financial models in coordination with operations and fuels teams and negotiating purchase contracts with sellers and landlords.

The position requires a bachelor’s degree in finance or a related field and 3+ years in commercial brokerage, development, finance, or corporate real estate. Travel across three states is expected (50%).

Qualifications

• Bachelor’s degree in Finance, Business or related field preferred.
• Three years of experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries or more; including minimum of one year of management responsibility.
• Experience with MS Outlook, Excel, PowerPoint, Access, Mapping and Demographic software desirable and Word preferred.
• Willingness to travel primarily in three states, including some overnight travel (50% travel). Driver’s license required.

Responsibilities

• Provides data and guidance for Financial Analyst to run financial models for site qualification and lease/purchase decisions.
• Negotiates purchase contracts with sellers and leases with landlords.
• Prepares real estate proposals and contracts for management approval; guides market tours for bulk acquisition projects.
• Assists due diligence, entitlement activity, and regulatory processes; coordinates with architects and engineers.
• Manages budgeting, scheduling expenditures, and variance analysis to meet financial objectives.
• Maintains staff by recruiting, training, coaching, and evaluating performance.

Skills

Financial analysis

Budgeting

Negotiation

Teamwork

Education

Bachelor’s degree in Finance or Business

Tools

MS Outlook

Excel

PowerPoint

Access

Mapping software

Demographic software

Word

Job description

Essential Functions:

Provides data and guidance for Financial Analyst to run financial models (in coordination with operations management, fuels management and construction management, etc.) to qualify new sites for lease or purchase. Negotiates Purchase contracts with sellers and leases with Landlords. Prepares real estate proposals and contracts for management approval. Provides guidance and support to Real Estate Coordinator on organizing real estate market tours for bulk acquisition projects, periodic market reviews and new to industry projects. Compiles site ride binders and market summaries. Assists Real Estate Director to oversee due diligence, entitlement activity, beer and wine applications, escrow closings, including meeting with government officials and public hearings. Assists in coordinating with architects, engineers, attorneys and other consultants. Works closely with internal management team to design projects. Ensures compliance with requirements, policies and regulations. Performs other duties as necessary. Achieves financial objectives by preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions. Allocates program costs by preparing operational and risk reports for analyses.

Maintains staff by recruiting, selecting and orienting employees. Maintains staff job results by training coaching, counseling and disciplining employees; planning, monitoring and appraising job results.

Maintain professional and technical knowledge by attending educational workshops; reading professional publications; establishing personal networks; or participating in professional societies.

Contributes to team effort by accomplishing determined Financial and Key Result Area targets pursuant to Company Plan guidelines.

Qualifications

Bachelor’s degree in Finance, Business or related field preferred. Other combinations of job related experience and education that meet the requirements may be substituted.

Three years of experience in General Commercial Brokerage, Development, Finance or Corporate Real Estate Management with emphasis in Commercial/Retail/Fuel/Fast Food/C-Store industries.or more preferred; including minimum of one years of management responsibility.

Experience with MS Outlook, Excel, PowerPoint, Access, Mapping and Demographic software desirable and Word preferred.

Demonstrated ability to purchase and develop retail location. Knowledge of West Coast Real Estate markets to include California, Washington and Oregon. Working knowledge of broker networks, market valuations for real property and leasehold investments. Strong team orientation with excellent interpersonal skills and able to work in a busy environment with multiple changing priorities and deadlines. Must be willing to adapt to the changing responsibilities of the position. Self-motivated, self-directed individual with strong organizational skills required. Requires travelling primarily in the three states, including some overnight travel. (50% of Travel) Previous experience in gasoline retail management desirable. Requires a driver’s license and a good driving record.

Physical Requirements

• Sit for long periods of time.
• Operate computer keyboard and mouse for data entry.
• View computer monitor
• Hear and speak via telephone.
• Reach forward and/or overhead
• Occasionally lift up to 20 pounds

Work Environment

• The noise level in the work environment is usually moderate at a normal range.
• The lighting will include natural light from the outside as well as fluorescent lighting throughout the work areas.
• Work with minimum direction and periodic supervision.

THE ABOVE STATEMENTS REFLECT THE GENERAL QUALIFICATIONS / DUTIES AND /OR RESPONSIBILITIES NECESSARY TO IDENTIFY THE JOB AND ARE NOT NECESSARILY INTENDED TO SET FORTH ALL OF THE SPECIFIC REQUIREMENTS OF THE JOB.

NOTE: This Job Description may change periodically as required by business necessity, with or without advance notice to employees.

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Circle K is an Equal Opportunity Employer.
The Company complies with the Americans with Disabilities Act (the ADA) and all state and local disability laws. Applicants with disabilities may be entitled to a reasonable accommodation under the terms of the ADA and certain state or local laws as long as it does not impose an undue hardship on the Company. Please inform the Company’s Human Resources Representative if you need assistance completing any forms or to otherwise participate in the application process.