Senior Manager, FP&A

Note: Fidelity is not providing immigration sponsorship for this position

The Team

Pembroke is an international real estate advisor thatacquires,developsand manages properties and places – specializing in mixed-use and office environments in the world’s leading cities. We believe that properties thatstandthe test of time deserve a lot of time.So, we take a different approach: a thoughtful approach.  We’reunited bya beliefthat real estate is more than just buildings. Our mission is to create long-term value through our globalexpertise, local knowledge, and passion for real estate. Comprised of experts across a variety of fields, our team consistently strives for excellence,achieves withintegrityand embraces collaboration.

Over the past twenty-nine years,we’vegrown with offices in Boston, Hamburg, London, Munich, San Francisco, Stockholm, Sydney,Tokyoand Washington DC managing approximately915k sq m/9.8 sq ftin North America,Europeand Asia Pacific. Facilitating the private capital of FMR LLC (Fidelity Investments) and FIL Limited, we invest in global markets with long-term growth potential.  

 By combining a global point of view with localexpertise,we’reable to create and manage world-class properties that deliver the best outcomes for our tenants,investorsand the communities in which we work. For more information, visit our website: https://www.pembroke.com/ 

The Role

Pembroke is looking to hire a highly motivated, proactive individual to join our Global Finance Team.  Reporting to the Senior Vice President of Finance, the role willbe responsible fortheconsolidatedfinancial planning and analysis for Pembroke’s global portfolio and the management company. This work will include coordinating and supporting the annual budgeting and multi-year planning process,developmentand maintenance of standardized reporting,monitoringand reporting of KPIs, monthly and quarterly cash forecasting, ad-hoc analyses to support real-time decision making, among other tasks.

Candidates shoulddemonstratestrong analytical skills, experience with disparate datasets, and the ability to communicate effectively to “tell the story” acrossmultiple channels and geographies. In addition, candidates shoulddemonstratePembroke’s core values of striving for excellence,achieving withintegrity, and always collaborating. Candidates for this rolepossessthe value of striving for continuous improvement.

Financial Planning, Budgeting and Forecasting

• Coordinate and support annual budgeting, rolling forecasts, and multi-year business planning for Pembroke’s managed portfolio and the management company.

• Consolidateasset-level and investment-level business plans into fund- and investor-level views for senior management and investors.

• Document and update FP&A workstreams.

Cash Management and Governance

• Manage and produce monthly, quarterly, and annual portfolio cash flow forecasts, and coordinate funding and distribution events with regional finance and corporate accounting teams.

• Review and analyze variances between projected and actual cash balances,identifyingtimingand key drivers.

• Track governance approvals, funding limits, and investor approval requirements against forecasts and actuals.

• Set andmonitorannual operational funding budgets and escalate approvals asneeded.

Investor Reporting and Communication

• Support preparation of investor materials such as President’s Letters, board packages, and advisory board presentations.

• Maintain andmonitorkey performance indicators across assets and investor portfolios.

• Lead consolidation, validation and communication of investor budgets, cash plans, and funding trackers.

• Respond to ad-hoc investor and management requests with clear, decision-oriented analysis. 

Portfolio Analytics and Strategic Support

• Conduct portfolio-level scenario analysis, event stress testing, andreturnsanalysis.

• Review andvalidatekey assumptions underlying asset plans, including operating income, capital expenditures, and timing.

• Support investment planning initiatives, including long-term (10 year+) planning exercises.

• Partner with investment, asset management, tax, legal, and development teams on cross-functional initiatives.

• Support VP of Finance on various ad-hoc financial reporting and analytical tasks, as needed 

Finance Systems, Technology and Data Ownership

• Lead business-side administration of FP&A and portfolio systems, including PBCS and related BI tools.

• Support data integrity efforts across systems, ensuringaccuratefeeds from Yardi, Argus, and other source platformsvalidatingunderlying data and resolving upstream data issues.

• Manage system enhancements and upgrades, issue resolution, version control, and coordination with managed service providers. 

The Expertise and Skills You Bring

• Undergraduate degree in Business, Accounting, Finance, Economics, or equivalent; MBA or advanced degree (preferred).

• 5+years of work experience in finance and accounting, FP&A, or similar role, within the commercial real estate industry (preferred).

• Proficient in financial, presentation,modelingand data visualization tools (Excel, PowerPoint, Oracle PBCS, Anaplan,Thinkcell, Tableau, SQL).Familiaritywith real estate tools, including Yardi, MRI, or Argus Enterprisea plus

• Strategic problem-solving skills, with the ability to break down issues, take an end-to-end view, and propose alternative solutions.

• Strong organizational and prioritization skills, collaborative in approach, with the ability to work independently and meet deadlines across multiple offices and time zones.

• Self-motivated work ethic, with the ability to conduct oneself according to the company’s core values.

• Strong written,verbaland presentation communication skills.