Sr. Manager, Real Estate Finance

Job Description Real Estate Finance is a critical role within the AAP Finance Organization that supports key initiatives in the Company’s operational and growth strategies. The Finance Manager will partner with the Real Estate organization to provide modeling and analyses that drive Enterprise performance. This role interacts and communicates with various disciplines in the organization to gain insights into new store pipeline, scheduling, performance, and uses those insights to update financial modeling and communicate results to multiple levels of Company management. The ideal candidate has outstanding business acumen, attention to detail, a learner mindset, passion to drive ideas and initiatives to completion, excellent analytical skills, and the ability to effectively communicate with all levels of the organization. The Finance Manager will excel in data-driven decision making and be comfortable with ambiguity in a fast-paced environment. Essential Duties and Responsibilities Essential duties and responsibilities include the following. Other duties may be assigned. Lead new store opportunity (NSO) planning, forecast, and analysis Ownership of full NSO P&L model, including inputs and continuous improvement of the model assumptions and calculations Lead all analyses of NSO performance results, forecast model updates, and reporting (weekly, period, ad-hoc) Manage end to end store target setting process for all NSOs including PBCS and Dashboard systems Creation of weekly and period NSO targets during Annual Operating Planning process Period end analysis, reporting, and forecast updates Financial ownership of specific store P&L accounts Interacting with key business partners to understand drivers of performance and how those drivers contribute to forecast updates Preparing material for presentation and review with executive leadership Periodic evaluation of NSO results compared to annual and long-term strategic business plans to identify risks and opportunities Coordinating with business partners to identify and solve potential gaps in results as necessary Identify opportunities and develop ad-hoc financial analyses and present recommendations to senior management Help build high-performance culture where team members will develop skillsets and enable the pursuit of meaningful work and career goals Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. Ability to create/update/modify/improve financial models with a solid understanding of accounting principles, financial relationships, and financial measures Ability to leverage technology to streamline and improve business processes and work products Ability to partner effectively with other disciplines to review and update assumptions used in the financial modeling (Labor, Real Estate, Operations, others) 5 years of relevant experience in positions that require detailed analysis and reporting financial results Advanced knowledge of Excel and experience with PBCS/Smartview, Anaplan Excellent written and oral communication skills Experience supporting a retail and/or real estate organization The noise level in the work environment is usually moderate. #LI-GG1 California Residents click below for Privacy Notice: https://jobs.advanceautoparts.com/us/en/disclosures Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,125 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.