Finance Manager

Company Description

Monarch Communities is dedicated to delivering exceptional senior living experiences. With a focus on innovation, compassion, and community, we provide enriching environments for residents and a rewarding workplace for our associates.

Job Description

We are seeking a highly skilled and motivated Finance Manager to join our growing team. This role will report to our VP of Finance. In addition to supporting both acquisitions/development underwriting and asset management functions, this position will also oversee the junior finance personnel. The Finance Manager will play a crucial role in financial analysis, budgeting, forecasting, and enhancing our financial operations, ensuring that all financial activities align with our strategic goals.

Seeking Tri-State area candidates, primarily New York. Some travel required.

Asset Management:

• Oversee financial analysis and reporting for Monarch’s portfolio of senior living assets, ensuring data accuracy and insightful conclusions.
• Lead the preparation of property budgets, forecasts, and KPI analyses, offering actionable recommendations to enhance asset performance.
• Develop and maintain complex financial models to inform key asset management decisions.
• Organize and lead monthly and quarterly performance review meetings, presenting analyses and strategies to senior management.
• Drive the preparation of investor reports and presentations, ensuring they align with strategic objectives.
  
  
  

Acquisitions/Development Underwriting:

• Oversee the preparation of cash flow and valuation analysis for potential acquisitions and development opportunities.
• Lead market research, operational performance data analysis, and comparable sales assessments.
• Guide due diligence efforts and oversee the creation of financial models for various capital structures.
• Participate in deal negotiations and calls with equity and development partners, ensuring sound financial decisions.
• Review and refine investment memos and presentations for internal and external stakeholders.
• Monitor and assess market trends, identifying emerging opportunities for the company.
• Identify opportunities for value enhancement within the portfolio and support implementation strategies.
• Ensure compliance with all periodic reporting requirements.
  
  
  

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; Master’s degree preferred.
• 4-8 years of experience in FP&A, real estate finance, consulting, investment banking, or related fields, with a proven track record of leadership or supervisory responsibilities.
• Strong proficiency in financial modeling, analysis, and the Microsoft Office Suite, particularly Excel.
• Experience with Yardi or similar real estate management software preferred.
• In-depth knowledge of real estate finance, financial statements, underwriting, and forecasting.
• Proactive, self-starter with exceptional analytical, problem-solving, and leadership skills
• Strong written and verbal communication skills, with the ability to present complex information to non-financial stakeholders.
  
  
  

Company Culture and Values: At Monarch Communities, we value compassion, innovation, and community. Our team is committed to making a meaningful impact on the lives of our residents and fostering a collaborative and supportive work environment.

Additional Information

Compensation and Benefits:

• Salary range: $135,000 - $150,000
• Discretionary performance bonus
• Home office stipend
• Paid Time Off (PTO)
• Medical Coverage
• Dental Coverage
• Vision Coverage
• Ancillary Benefits (Life/AD&D, Short Term Disability and Long Term Disability)
• Voluntary Life
• Flexible Spending Account
• 401(k) Retirement and Matching
• Employee Assistance Program
• Supportive Leadership
• Referral Bonuses
• And More!