Sr. Development Analyst

Shake Shack Enterprises, LLC; New York (NY); Hybrid; USD 103,000 - 135,000; Full time

Benefits offered by this job

Weekly Pay and Performance bonuses

Shake Shack Meal Discounts

Medical, Dental, and Vision Insurance

401k Plan with Company Match

Paid Time Off

Paid Parental Leave

Job summary

Shake Shack Enterprises, LLC is seeking a Senior Development Analyst to act as the FP&A partner to the Development organization. You will own underwriting for new Shack growth, renewals, and post-investment performance, connecting deal assumptions to enterprise plans and delivering decision-ready recommendations to leadership.

The ideal candidate combines strong financial judgment, advanced modeling, and effective cross-functional collaboration to support enterprise growth and strategic capital

Qualifications

• : At least 4 years’ experience in real estate finance or analytical roles.
• : Experience working in retail and/or restaurant development preferred.
• : Strong financial modeling and analysis skills.
• : Ability to translate real estate economics into clear financial implications.
• : Clear written and verbal communication for senior leadership.

Responsibilities

• : Own financial modeling and underwriting for new Shack decisions, including P&L, net investment, lease economics, cash flows, and investment returns.
• : Lead analysis for remodels, renewals, reinvestments, and closures by evaluating future cash flows, capital, lease economics, and returns.
• : Develop models and scenario analyses for complex real estate transactions (relocations, expansions, restructurings).
• : Gather Shack-level intel from internal/external sources and manage access for partners.
• : Own Development CapEx budgeting and forecasting.
• : Partner with Real Estate, Construction, Design, Accounting, Operations, BI, and FP&A to validate assumptions.
• : Lead post-open financial performance evaluation from grand-opening to steady-state and derive insights.
• : Produce recurring reporting and executive materials on investment returns, occupancy metrics, lease decisions, and rent exposure.
• : Prepare financial materials for Real Estate Committee; support asset management duties.

Skills

Financial modeling

P&L forecasting

Scenario analysis

Cross-functional partnership

Strong communication

Education

Bachelor’s degree in finance, accounting, economics, real estate, business, or related discipline

Tools

Excel

Job description

Job Summary

The Senior Development Analyst will serve as the key FP&A partner to Shake Shack’s Development organization. This role will own the financial analysis and underwriting that supports new Shack growth and portfolio decisions, including new shack underwriting, existing Shack renewals and investment decisions, and post-investment performance. The role will connect deal-level assumptions to enterprise financial plans and provide decision-ready recommendations to Development, Finance, and executive-level leadership. The ideal candidate combines strong financial judgment, advanced modeling capability, business partnership skills, and the ability to explain complex investment tradeoffs clearly.

Job Responsibilities and Duties

• Own financial modeling and underwriting for new Shack decisions, including projected Shack-level P&L performance, net investment, lease economics, cash flows, and investment returns
• Lead financial analysis for existing portfolio decisions, including remodels, lease renewals, reinvestments, and closures, by evaluating future cash flows, required capital, lease economics, and expected financial returns
• Develop financial models and scenario analysis for complex or nonstandard real estate transactions, including relocations, expansions, blend-and-extend negotiations, lease restructurings, and other unique deal structures
• Gather and synthesize Shack-level intelligence from a variety of internal and external sources, and manage access to this information for our partners and stakeholders
• Own the Development CapEx line from a budgeting and forecasting perspective
• Partner cross-functionally with Real Estate, Construction, Design, Accounting, Operations, Supply Chain, Business Intelligence, and internal FP&A teams to validate assumptions and support enterprise growth initiatives.
• Lead post-open financial performance evaluation from grand-opening to steady-state, generate insights based upon actuals vs approved economics, incorporate lessons into future underwriting expectations
• Produce recurring reporting and executive materials covering investment returns, rent and occupancy metrics, lease decisions, percentage rent exposure, and financial performance.
• Lead financial material preparation in support of Real Estate Committee
• Supporting additional real estate and asset management related duties as needed

Related Experience

• At least 4 years’ experience in real estate finance, accounting or other relevant analytical roles
• Experience working in retail and/or restaurant development preferred

Knowledge, Skills, Abilities

• Strong understanding of restaurant/retail P&L statements, forecasting, and budgeting
• Advanced Excel-based financial modeling skills, including scenario and sensitivity analysis.
• Strong understanding of restaurant/retail P&L statements, forecasting, and budgeting
• Ability to translate real estate economic decisions into clear financial implications.
• Clear written and verbal communication, including the ability to present recommendations to senior leaders and committees.
• Strong cross-functional partnership, project management, and organizational skills.
• Ability to travel occasionally

Work Experience

4-6 years

Education or Certificate Details

Education or Certificate Details Bachelor’s degree in finance, accounting, economics, real estate, business, or another relevant discipline.

Education Requirements Bachelor's Degree

Benefits at Shake Shack

• A work environment where you can come as you are, share your ideas, have fun, and work collaboratively:
• Weekly Pay and Performance bonuses
• Shake Shack Meal Discounts
• Exclusive corporate discounts for travel, electronics, wellness, leisure activities and more
• Medical, Dental, and Vision Insurance*
• Employer Paid Life and Disability Insurance*
• 401k Plan with Company Match*
• Paid Time Off*
• Paid Parental Leave*
• Access to Employee Assistance Program on Day 1
• Pre-Tax Commuter and Parking Benefits
• Flexible Spending and Dependent Care Accounts*
• Development and Growth Opportunities
• Eligibility criteria applies

Pay Range - $103,050.00 - $135,300.00

About Us

Beginning as a hot dog cart in New York City’s Madison Square Park, Shake Shack was created by Danny Meyer, Founder and CEO of Union Square Hospitality Group and best-selling author of Setting the Table. Shack Fans lined up daily, making the cart a resounding success, and donating all proceeds back to the park beautification efforts. A permanent stand was eventually built…& the rest is Shack history! With our roots in fine dining and giving back to the community, we are committed to high quality food served with a high level of hospitality.

Our team members enjoy a positive work environment that is deeply committed to the philosophy that we “Stand for Something Good.” Shake Shack is an Equal Opportunity Employer All qualified applicants will receive consideration for employment without regard to any protected characteristic, including race, color, ancestry, national origin, religion, creed, age, disability (mental and physical), sex, gender identity, sexual orientation, gender expression, medical condition, genetic information, marital, military and veteran status.

We’ll provide you with learning and growth opportunities to set you up for success in your career.

We are committed to developing future leaders here at Shake Shack. We provide our team members with the tools, resources, and learning opportunities they need to succeed and to grow. At Shake Shack not only do we Stand for Something Good, but we want YOU to! We are proud to have received recognition for our Inclusive Policies & Practices four years in a row and counting! With numerous employee led resource groups, mentorship pairings, and career-growth opportunities to fit your aspirations, we are confident you’ll find your place here to thrive as your authentic self.