Financial Manager; Real Estate Development

$120000 - $130000 per year | Chanhassen, MN | On-site | Permanent

This role is located in Chanhassen, MN, and provides relocation. If you are not local, relocation is required.

We are a scaled, publicly traded consumer platform with a national real estate footprint across owned, leased, and developed assets. The business is asset-intensive, capital-disciplined, and growth-oriented, with hundreds of millions deployed annually across new development, asset reinvestment, and portfolio optimization. Finance is deeply embedded in strategic decision-making and plays a central role in how capital is allocated, returns are measured, and long-term value is created.

• Build something from the ground up: this function doesn’t have an established playbook yet, so you’ll help define how it works
• Step into a Manager-level role as an individual contributor, with no direct reports, and own the platform’s financial strategy
• Direct visibility and access to senior leadership as strategy takes shape
• Full lifecycle ownership of your projects, from initial deal evaluation through construction monitoring to eventual disposition
• Manager-level compensation with bonus eligibility
• Backed by a high-growth, high-performing organization with strong recent earnings momentum
• Flexibility to expand into broader Property Development work, and to grow into team leadership as the business line scales

This role provides high-level planning, financial analysis, and operational support for our capital-light, development-light residential platform. You will serve as the senior finance partner on this platform, working closely with Property Development, Finance/Accounting, JV partners, and business operations to analyze complex deal structures, model prospective opportunities, and support the ongoing expansion of the business. This is a Manager-level individual contributor role with no direct reports.

The primary focus is on this platform specifically, with flexibility to support the broader Property Development team as priorities evolve.

• Develop and maintain sophisticated multi-year pro formas for prospective opportunities, incorporating development cash flows, equity partner returns, development fee timing, and ongoing management/licensing revenues
• Model multi-family development pro formas including hard costs, soft costs, construction financing, permanent debt structures, equity returns, and long-term hold assumptions
• Build detailed financial comparisons across different JV structures, equity ownership percentages, and co-investment scenarios to support partnership negotiations with external developers and investors
• Model development fee accrual and revenue recognition, coordinating timing with construction milestones and contract deliverables

• Track and analyze performance across an evolving portfolio of JVs at different lifecycle stages, from pre-financing through construction, leasing, stabilization, and exit
• Analyze JV earnings, loss distributions, equity valuation changes, and impairment considerations for financial reporting and management review
• Monitor and report on key drivers including absorption rates, achieved rents versus projections, operating expense budgets, and unit-level profitability

• Analyze external financing structures including construction loans, permanent mortgages, mezzanine debt, and preferred equity; assess terms, conditions, and impact on project returns
• Support capital-raising activities including financial cases and return…