VP, Real Estate Development & Store Expansion

Advance Stores Company Inc (500); Raleigh (NC); Híbrido; USD 180 000 - 300 000; Tempo integral

Resumo da oferta

Advance Auto Parts, Inc. is seeking a Vice President, Real Estate Development to lead end-to-end store growth, site acquisition, and construction strategy from our Raleigh HQ. This executive will drive capital planning, budgeting, and a scalable org to deliver timely, on-brand expansion.

The role requires deep expertise in real estate development, construction management, and large-team leadership, with hybrid work (4 days in office, 1 day remote) based in Raleigh, NC.

Qualificações

• Bachelor’s degree in Real Estate, Business, Engineering, Construction Management, Architecture, Finance, or related field or experience equivalent.
• Master’s degree (MBA or related field), preferred.
• 15+ years of progressive leadership experience in retail real estate development, construction, or related fields.
• 7+ years of executive leadership experience managing leaders-of-leaders.
• Proven success leading large-scale, multi-site development programs.
• Demonstrated expertise in site selection, deal negotiation, construction management, and capital planning.
• Experience managing complex budgets and capital investment portfolios.
• Strong financial acumen, including investment analysis, ROI evaluation, and capital allocation.
• Exceptional leadership, communication, negotiation, and stakeholder management skills.
• Willingness to travel as needed to support development and construction activities.

Responsabilidades

• Develop and execute the company’s multi-year new store growth strategy.
• Lead market analysis and site selection efforts to identify opportunities for expansion and maximize return on invested capital.
• Establish long-range development plans aligned with enterprise growth objectives.
• Partner with executive leadership on market prioritization, investment decisions, and strategic growth initiatives.
• Develop and maintain a robust pipeline of development opportunities across all markets.
• Oversee all site acquisition activities, including market identification, land acquisition, lease negotiations, and purchase transactions.
• Ensure rigorous financial analysis and investment underwriting for all development opportunities.
• Lead relationships with brokers, developers, landlords, municipalities, and external development partners.
• Oversee entitlement, zoning, permitting, and governmental approval processes.
• Balance growth objectives with financial discipline and risk management considerations.
• Provide executive oversight for construction planning and execution across the portfolio.
• Ensure projects are delivered safely, on schedule, within budget, and according to company standards.
• Monitor capital expenditures and construction budgets while driving cost efficiency and accountability.
• Lead contractor, consultant, architect, and vendor relationships.
• Champion continuous improvement in project management, construction delivery, and operational processes.
• Develop and manage annual operating and capital budgets.
• Monitor portfolio performance and investment returns.
• Establish metrics, reporting, and governance processes for development and construction activities.
• Drive disciplined capital allocation and investment decision making.
• Deliver accurate forecasts and executive-level reporting.
• Lead, coach, and develop Director-level leaders and their organizations.
• Build a high-performing culture focused on accountability, collaboration, innovation, and execution excellence.
• Establish scalable organizational structures and operating processes to support growth.
• Develop succession plans and leadership pipelines across all functional areas.
• Foster strong partnerships across Real Estate, Operations, Finance, Supply Chain, Legal, and HR.

Conhecimentos

Executive leadership

Strategic thinking

Stakeholder management

Financial acumen

Negotiation

Capital planning

Site selection

Construction management

Budget management

Formação académica

Bachelor’s degree in Real Estate, Business, Engineering, Construction Management, Architecture, Finance, or related field or experience equivalent

Master’s degree (MBA or related field), preferred

Descrição da oferta de emprego

Advance Auto Parts, Inc. is seeking a Vice President, Real Estate Development to lead end-to-end store growth, site acquisition, and construction strategy from our Raleigh HQ. This executive will drive capital planning, budgeting, and a scalable org to deliver timely, on-brand expansion.

The role requires deep expertise in real estate development, construction management, and large-team leadership, with hybrid work (4 days in office, 1 day remote) based in Raleigh, NC.