Finance Manager Real Estate Development
Salt Lake, UT - USA
Job Summary
If youre passionate about building a better future for individuals communities and our countryand youre committed to working hard to play your part in building that futureconsider WGU as the next step in your career.
Driven by a mission to expand access to higher education through online competency-based degree programs WGU is also committed to being a great place to work for a diverse workforce of student-focused professionals. The university has pioneered a new way to learn in the 21st century one that has received praise from academic industry government and media leaders. Whatever your role working for WGU gives you a part to play in helping students graduate creating a better tomorrow for themselves and their families.
The salary range for this position takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
At WGU it is not typical for an individual to be hired at or near the top of the range for their position and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is:
Job Description
The Finance Manager - Real Estate Development is WGUs finance lead for large-scale real estate development including the new headquarters campus. This senior individual contributor owns the forward-looking financial view of the program: capital planning project financial models cash-flow forecasting funding analysis financial risk assessment and executive decision support. The role partners across Development Project Controls Accounting Treasury Procurement Legal and external advisors to support disciplined capital allocation throughout the project lifecycle.*This role works on-site at WGUs Salt Lake City Utah headquarters. Relocation assistance is available to candidates who live more than 50 miles from Salt Lake City.
Key Responsibilities
Own and maintain the integrated project financial model and long-range capital plan aligning cost scope schedule operating and financing assumptions.
Lead project budgeting and rolling cash-flow forecasts; identify the amount and timing of funding and liquidity requirements.
Evaluate major investments scope choices delivery alternatives and schedule changes using scenario sensitivity return and life-cycle cost analyses as appropriate.
Assess capital structure and funding alternatives including cash debt or tax-exempt bonds incentives and grants; support due diligence and financing execution with Treasury Legal and external advisors.
Translate actual costs commitments forecasts contingency use and key assumptions into clear executive reporting variance explanations risks and recommendations.
Establish and maintain project finance governance modeling standards approval controls and reporting requirements; monitor compliance with authorized budgets and decisions.
Quantify financial risks related to cost escalation interest rates schedule scope market conditions and operations; recommend and monitor mitigation actions.
Provide functional leadership for project finance workstreams and present analysis and recommendations to project leadership executive governance bodies and the Board as needed.
Qualifications
Bachelors degree in Finance Accounting Economics Real Estate Business Administration or a related analytical field or equivalent relevant experience under WGU policy.
Eight or more years of progressive experience in corporate finance FP&A project finance development finance real estate finance investment analysis or a related discipline including experience supporting complex capital projects.
Advanced financial modeling cash-flow forecasting scenario analysis and capital-planning capability with expert-level Excel proficiency.
Demonstrated ability to influence cross-functional decisions and communicate concise financial insights and recommendations to senior executives.
Working knowledge of development economics construction cost and schedule dependencies financing structures and financial governance.
Preferred
Experience with large-scale commercial mixed-use hospitality institutional or corporate headquarters development.
Experience with debt or tax-exempt bond financing public incentives grants or other complex funding sources.
MBA or relevant credential such as CFA CPA or CCIM.
Experience with enterprise planning reporting business intelligence or project-controls systems.
Travel
This position requires occasional travel of up to 20% including required attendance at designated company summits (typically one to two per year). Additional travel may include conferences visits to company locations and other business-related events as needed. Additional travel may be assigned as needed to support business requirements.
Position & Application Details
Full-Time Regular Positions (classified as regular and working 40 standard weekly hours): This is a full-time regular position (classified for 40 standard weekly hours) that is eligible for bonuses; medical dental vision telehealth and mental healthcare; health savings account and flexible spending account; basic and voluntary life insurance; disability coverage; accident critical illness and hospital indemnity supplemental coverages; legal and identity theft coverage; retirement savings plan; wellbeing program; discounted WGU tuition; and flexible paid time off for rest and relaxation with no need for accrual flexible paid sick time with no need for accrual 11 paid holidays and other paid leaves including up to 12 weeks of parental leave.How to Apply: If interested an application will need to be submitted online. Internal WGU employees will need to apply through the internal job board in Workday.
Additional Information
Disclaimer: The job posting highlights the most critical responsibilities and requirements of the job. Its not all-inclusive.
Accommodations: Applicants with disabilities who require assistance or accommodation during the application or interview process should contact our Talent Acquisition team at
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to any protected characteristic as required by law.
Required Experience:
Manager
About Company
Western Governors University is an online university where you can earn an affordable, accredited, career-focused college degree at an accelerated pace.