Manager, Real Estate Finance; Development

Manager, Real Estate Finance

The Finance team sits within Corporate FP&A and provides the financial discipline behind how Advance shapes and grows its store portfolio. We bring together investment underwriting, capital planning, forecasting, and performance analytics to help leaders shape investment strategy, prioritize capital, and drive profitable growth. Working across Real Estate, Operations, and Finance, the team turns complex portfolio decisions into clear, actionable recommendations and evaluates whether investments deliver the expected returns, with meaningful visibility across senior leadership.

The Manager, Real Estate Finance serves as the financial backbone of Advance's growth and development agenda. The role leads financial planning and analysis across the full investment lifecycle for new stores, hub stores, market hubs, relocations, remodels, and other strategic real estate investments, from site-level underwriting and capital planning through forecasting, performance reporting, and post-investment analysis. This work equips leaders with the insight, rigor, and transparency needed to shape investment strategy, allocate capital effectively, and drive disciplined, profitable growth.

Reporting to the Senior Manager, Real Estate Finance, this role builds, leads, and sustains a high-performing team of Senior Financial Analysts and Financial Analysts responsible for investment underwriting, growth capital planning, development pipeline analytics, and new-store performance. The Manager works directly with cross-functional leaders across Real Estate Development, Construction, Store Operations, Strategy, and Corporate FP&A, and regularly engages senior leaders to frame tradeoffs, challenge assumptions, and provide clear recommendations on material investment decisions.

This high-visibility role requires a finance leader who combines strong investment and modeling expertise with sound business judgment, executive-level communication, and a demonstrated ability to lead through others. The successful candidate will navigate ambiguity, constructively challenge assumptions, and translate complex real estate economics into actionable insights that strengthen investment decisions and support profitable growth.

Key Responsibilities

• Investment underwriting and approval support:
  Lead the financial evaluation of new stores, hub stores, market hubs, relocations, remodels, and other growth investments. Establish site-level economics, evaluate returns and key sensitivities, pressure-test assumptions, and present clear recommendations to support capital-approval decisions.
• Development pipeline modeling:
  Own the integrated financial view of the development pipeline, including unit volume, opening cadence, capital phasing, pre-opening costs, rent commencement, and earnings impact. Maintain scenario capability and align Real Estate, Construction, Operations, and Finance to a consistent set of dates and assumptions.
• Growth capital planning and governance:
  Lead the financial planning, forecasting, and governance processes for the growth portfolio. Monitor approvals, commitments, spend, accruals, and forecast changes; evaluate tradeoffs when capital is constrained; and recommend allocation actions that direct capital toward the highest-value opportunities.
• Planning, forecasting, and performance management:
  Own the growth and development components of the Annual Operating Plan, periodic forecasts, and long-range plan. Explain changes in volume, timing, capital, revenue, and profitability, identify risks and opportunities, and provide leadership with a clear view of performance against plan.
• Post-investment performance:
  Lead new-store and project performance reporting from opening through stabilization. Compare actual results with approved economics, identify the drivers of performance, and translate findings into stronger underwriting assumptions, investment guardrails, and development strategies.
• Cross-functional and senior leadership partnership:
  Serve as the primary Finance partner to Real Estate Development and work directly with leaders across Construction, Store Operations, Strategy, and Corporate FP&A.…