FP&A Manager

Description

About CIRE Equity

CIRE Equity is a privately held, vertically integrated real estate investment firm focused on creating and preserving long-term value through targeted investments in commercial real estate across the Western United States. We take a disciplined, hands-on approach to investing, combining thoughtful analysis with active execution to responsibly grow investor capital while protecting it over time.

How we work matters just as much as what we invest in. At CIRE, we operate in a collaborative, hands-on environment where people are encouraged to take ownership, ask thoughtful questions, and respect one another. We believe consistent, high-quality work and a willingness to keep getting better drives meaningful growth for our investors, our team, and the communities where we invest.

What Makes CIRE Special

We do our best work when people are aligned around a shared purpose. Our success, individually and as a team, comes from a clear vision and a set of core values that guide how we make decisions, work together, and build for the long term. These values aren’t aspirational; they’re part of our cultural DNA and the standards we hold ourselves to every day.

Fiduciary First

Stewardship for all our stakeholders

Create Opportunity

Where others see limits, we see launchpads

Intentional Evolution

“Learn-it-alls,” not “know-it-alls”

Authentic Relationships

Care deeply, connect genuinely

Effective Performance

Results with purpose

Beyond technical skills, we look for people with strong emotional intelligence, self-awareness, and a genuine commitment to winning together. Open dialogue, direct feedback, and psychological safety are core to how we work and are essential to building strong teams and achieving better outcomes, especially in complex, fast-moving environments. We work hard, support one another, and take pride in what we build collectively, measuring success not just by results, but by the strength of the team behind them.

Purpose of Position

This individual will be a senior individual contributor, spanning a broad range of responsibilities which include supporting our portfolio valuations process, budgeting and forecasting, asset and portfolio analysis, as well as reporting on our existing portfolio. The position involves a high level of complexity, specifically as it relates to financial modeling, financial analysis and the interpretation of agreements, including leases, CC&R’s, operating agreements and loan agreements, for the purpose of application to financial analysis, modeling, reporting and compliance. An ideal candidate will be proactive, will possess a strong attention to detail without compromising efficiency, and will be able to independently tackle and resolve complex issues in our fast-paced, ever-changing environment.

Requirements

Job Duties/Responsibilities

Lead the annual portfolio budget process and quarterly reforecasts leveraging MRI’s Budgeting and Forecasting module. Execute budget setup/configuration, coordinate deliverables from multiple teams across the company, assist with questions and analysis and own specific budget line items. Perform asset and portfolio-level analysis throughout the process to support the team and summarize final product for executive review.

Assist with all aspects of the monthly valuation process through the creation and upkeep of the company’s Argus valuation models, review of external appraiser models/reports, coordinating data submissions to external appraisers/advisors, providing audit support and capturing key assumptions, outputs and metrics from each month’s final models/reports.

Maintain and run scenario analysis in lease, asset and portfolio-level models. Support leasing negotiation/decision-making, CapEx ROI/recovery analysis, identification of risks, asset re-positioning or value-add opportunities within the portfolio and other ad hoc analyses.

Lead financial variance analysis on the existing portfolio, summarizing and surfacing findings for key decision-makers to sharpen execution against plan and/or drive intentional plan adjustments.

Abstract leases and CC&Rs for application to valuation and budget modeling. Review and understand complex CAM reconciliation templates on the portfolio’s assets to help property and asset managers make decisions that optimize expense recovery.

Abstract loan agreements to identify key economic terms, as well as compliance and reporting requirements for borrowers and guarantors. Produce/review financial reports and covenant calculations on a recurring basis to lenders to maintain compliance.

Produce/support recurring and ad hoc reporting of financial performance and disclosures for investors and stakeholders in collaboration with Financial Reporting, Investments and Investor Relations.

This is not intended to be an exhaustive list and additional duties may be assigned.

Reporting Structure

Position reports directly to: VP of FP&A

Vital Goals/ Performance Measurements

Maintain a high level of accuracy in all work product through attention to detail, strong ability to self-review, and a thorough review of all pertinent information or other materials.

Efficiently and accurately perform complex, ad-hoc financial analyses, distill key indicators and present clear and concise summaries to key stakeholders.

Proactively identify and implement process improvements, measured by both increases to efficiency and effectiveness, through changes to workflows, tools, data fidelity, or automation while maintaining/increasing accuracy.

Strengthen scenario/stress-test capability for executive decision support.

High-integrity, traceable work suitable for a fiduciary audience.

Proactively monitor the performance of all assets under management relative to pro forma and present findings to the executive team.

Position Requirements

Possess a self-motivated, analytical, inquisitive, passionate, and humble mindset.

Clear and effective communication skills, both verbal and written.

Effective interpersonal skills and willingness to collaborate with others.

Ability to solve problems and deal with a variety of variables in unique situations where only limited standardization exists.

Detail oriented and able to maintain a high quality of work under pressure.

Solid understanding of real estate financial metrics, valuation methods, and capital markets.

Efficiency in financial modeling, forecasting techniques, and data analysis tools.

Ability to identify, access, build and operationalize medium-to-large data sets

Change agent who embraces improvement through implementation/adoption of new technology, systems, AI, automation, workflows and/or processes

Ability to read and interpret legal documents such as commercial leases, CC&R’s, management agreements, loan agreements, and service contracts.

Work Experience Qualifications

Bachelor’s degree required; business or finance concentration preferred.

Minimum of 5 years of experience as a commercial (retail, industrial, office) real estate analyst/senior analyst.

Advanced proficiency in Microsoft Excel is required.

Intermediate proficiency in Argus Enterprise is required (advanced is preferred).

MRI experience is desired.

Intermediate SQL query writing competency is desired.

Working Conditions

Environment

The primary working environment is an Indoor Office Setting utilizing computer workstation and general office equipment. The position will sit at their workstation for a significant portion of the work.

Some positions may need to travel to asset locations and these sites will vary in nature. Employees are required to comply with all applicable safety provisions as posted on site or briefed by management. This includes use of any required PPE specific to said location.

Physical Requirements

The physical demands of the position are consistent with administrative/clerical work in an office setting and involves ex