Job Details

Description

Who We Are

Core Spaces (Core) is more than a real estate company, it’s a people company. Where building relationships is just as important as building properties. From researchers and architects to designers and operators, Core is made up of risk takers and dreamers who are on a mission to invent the future of living. Our six cultural values guide us every day and we strive to live them in everything we do:  PUSH (Invent Better Places to Live), GRIT (We Got This), LIFT (Help Each Other Win), SHINE (Bring Your Full Self), UPHOLD (Never Break Trust), GROW (Always Get Better). Everything Core does stems from this culture of collaboration and innovation, and the drive to constantly improve the resident experience. This unique approach has led to creating spaces and services that are redefining the way people live.

What We Do

Founded in 2010, Core is a vertically integrated company focused on acquiring, developing, managing, and lending across the student housing and build-to-rent (“BTR”) sectors. Its residential communities feature world-class amenities, progressive design, and hospitality-driven client service. In its award-winning student portfolio, Core currently owns and/or manages over 45,600 beds* – and has a pipeline of over 45,000 beds* in various stages of development. Core's BTR division currently has over 3,000 homes under development and in its pipeline in high-growth metros across the country. For more information, visit www.corespaces.com.

*Portfolio and pipeline numbers as of November 2024

Benefits That Matter

• A culture that provides you with a sense of belonging
• Hybrid or remote work options may vary by role to support work-life balance
• Competitive pay that values your contributions
• Incentives designed to reward your achievements
• Paid unlimited PTO to disconnect or celebrate life milestones
• Paid 15 holidays, including your birthday, to disconnect and celebrate
• Paid Parental Leave that begins after 90 days
• Paid volunteer time off to give back to your community
• Monthly workshop weeks; fewer meetings & more collaboration
• Robust health plan options that begin within at least 30 days of your employment
• Monthly phone reimbursement
• Wellness allowance and perks, including a yearly subscription to a meditation app
• An environment that provides you a voice to share your perspectives
• Employee Assistance Program (EAP) for access to confidential support services      
• Company retirement options including 401(k) + matching & Roth account option

Position Overview

Core’s Director of Financial Planning & Analysis (FP&A) plays a crucial role in overseeing and managing all aspects of property budgeting, forecasting, and reporting. You will be instrumental in achieving the company's overall success and growth, playing a pivotal role in fostering informed decision-making throughout the organization. By partnering with various departments and stakeholders enterprise wide, the Director of FP&A will also play a critical role in optimizing financial processes, systems, and creating data analytics and reporting that will drive strategic financial decisions. This role will report directly to the Managing Director, Property & Development Accounting.

What You Will Do

Budgeting & forecasting

• Lead the property (SH and BTR) budgeting and reforecasting process, ensuring alignment with Core’s overall financial goals; requires robust cross collaboration with Operations and Asset Management
• Work closely with senior stakeholders to contribute to the development of financial strategies and objectives

Reporting & analysis

• Enhance in-depth analysis and modeling to assess property level performance; generate financial insights to support strategic decision making and key business initiatives
• Uphold monthly/quarterly reporting for senior leadership and key stakeholders, highlighting KPIS, variances, and performance trends; identify opportunities for key reporting enhancements or streamlining of data
• Oversee the development project yield on cost analysis and related projections
• Manage the cross functional review of debt covenant testing and debt covenant projections
• Lead the preparation of investor financial data outputs and analysis for monthly/quarterly calls and presentations

Finance Technology

• Partner and collaborate closely with finance teams, technology, and other stakeholders to ensure the effective integration of technology and finance functions
• Ongoing support of budgeting & forecast system
• Develop dashboards and reports to provide key financial insights to senior leadership and other stakeholders
• Actively support the vision to streamline financial processes through technology automation and optimization by identifying opportunities and supporting implementation efforts

Team Management

• Lead and mentor 5 individuals to support Core’s financial planning and budgeting functions
• Occasional travel may be necessary as needed
• Perform all other duties and tasks as assigned by management
• Must be able to complete all physical requirements of this role with or without a reasonable accommodation

Ideally, you'll have

• Bachelor’s degree in finance or accounting
• 12+ years in an FP&A role, preferably within the real estate industry
• Proven track record of successfully leading budgeting processes for real estate portfolios
• Strong financial modeling skills and proficiency in financial software and systems, such as ERP systems, financial planning tools, and Excel
• Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders
• Detail-oriented, analytical, and strategic thinker with the ability to work in a fast-paced environment
• Ability to partner at all levels of the organization
   

You'll crush it if you have experience with

• MBA or CFA designation
• Experience leading FP&A for multi-asset real estate portfolios, including student housing, multifamily, or build-to-rent properties
• Familiarity with industry-specific financial software such as Pigment, Yardi
• Hands-on experience with financial reporting automation and dashboarding tools like Power BI or Tableau
• Exposure to capital markets, debt structuring, or investor relations within a real estate firm
• Demonstrated ability to improve forecasting accuracy and implement strategic financial initiatives
• Strong leadership skills with prior experience managing and mentoring a high-performing FP&A team

Organizational Structure

Reports to: Managing Director, Property & Development Accounting

Direct Reports: Analysts, Associates, and/or Managers of Financial Planning & Analysis

Disclaimer: Please note that job responsibilities, reporting lines, and duties outlined in this job description are subject to change to meet the evolving needs of the organization.

As an Equal Opportunity Employer, Core Spaces celebrates diversity and is committed to creating an equitable and inclusive environment, which creates a sense of belonging for all employees. We do not discriminate and believe every individual should be proud of who they are and the community they represent.

Base Salary: $160,000–$180,000 annually. Final salary within this range will depend on experience, skills, qualifications, and location.
Additional Compensation: Employees may be eligible for discretionary bonuses, typically ranging between 15-20% of base salary annually, depending on individual and organizational performance.