Post Job Free
Sign in

Manager, FP&A

Company:
Sonida Senior Living Inc.
Location:
Addison, TX, 75001
Posted:
May 13, 2024
Apply

Description:

Sonida Senior Living is one of the nation's leading operators of independent living, assisted living and memory care communities for senior adults.

The Company operates 71 communities that are home to nearly 7,800 residents across 18 states providing comfortable, safe, affordable communities where residents can form friendships, enjoy new experiences and receive personalized care from dedicated team members who treat them family.

Job Summary: The Manager, FP&A will support the execution of the Company's financial planning and analysis functions, as well as its portfolio growth and investment strategies.

The individual will work closely with all levels of leadership, including the executive leadership team, to provide budgeting, forecasting, ad hoc reporting, research, and modeling for the existing portfolio and potential acquisitions.

Job Responsibilities: * Effectively manage one or more direct reports after an initial onboarding period * Provide detailed analytical support for various corporate functions * Construct and maintain financial models to support budgeting, forecasting, liquidity, valuation and structuring strategies * Liaise with operations team to enhance insights and incorporate both micro and macro trends into consolidated corporate modeling * Prepare, maintain, and analyze ad hoc reports: static proformas, working capital analyses, sensitivity tables, etc.

* Assist the investment underwriting process on given opportunities, including underwriting the transaction, validating assumptions by using market data and insights from the Company's existing portfolio, preparing investment presentations and memorandums, and interacting with our capital and debt partners * Support the due diligence, acquisition closing, and asset onboarding processes * Develop and maintain models used to determine target cash balance, liquidity, compliance with qualitative and quantitative lender covenants, and capital sources * Compile information requests related to individual asset and portfolio financings * Report to senior management and other internal stakeholders on current cash positions and anticipated changes to short-term cash flow, including building processes to efficiently monitor daily, quarterly and monthly forecast variances * Derive, document, and implement analyses related to interest rate risk and liquidity stress testing, including evaluation of strategy on interest rate cap purchase in a dynamic rate environment * Identify and drive process improvements, including the creation of standard and ad-hoc reports, models and dashboards * Support decision-making processes by providing forward-looking analysis and insights and reviews of primary expense drivers Qualifications & Requirements: * 5+ years of work experience in financial services, corporate finance, or related; real estate, hospitality, or senior care industry experience a plus * Management experience preferred * Undergraduate degree with concentration in finance, or an MBA, with a strong record of academic performance * An intellectually curious person who is comfortable and excited with the entrepreneurial aspect of working at a growing firm with a unique strategy * Excellent quantitative skills, analytical ability, and attention to detail * Ability to manage competing projects simultaneously and respond to changing priorities, and capability to excel under pressure in order to meet hard deadlines * Proficiency in the investment underwriting process preferred * Strong interpersonal skills to develop relationships with investors, brokers, lenders, and other third parties as well as internal stakeholders Skill/ knowledge requirements: * Expert knowledge of Excel and PowerPoint * Highly advanced financial modeling skills and understanding of complex financial concepts * Excellent verbal and written communication skills * Strong presentation skills * Demonstrated ability to thrive under the pressure of hard deadlines

Apply