This role will report to the Head of Real Estate Finance to assist with the financial oversight of our franchise business. This is a highly visible role that will be supporting the building of the infrastructure to execute the business plan and vision for franchising at WeWork. Responsibilities will include P&L management, annual budgeting, exposure to all aspects of transaction evaluation and execution, business plan development, and long-term financial planning.
Maintain the 5 year operating financial model for the business line; Routinely evaluate operating KPIs and the overall P&L of the business
Lead the compilation of the division’s annual budget; Drive monthly/quarterly budget vs. actuals analysis
Review monthly, quarterly, and annual financial performance and reporting materials submitted by external partners
Serve as the end-to-end Finance project manager for all strategy-led projects from reviewing the project brief to forming strategic recommendations
Lead cross-functional projects to evaluate the financial impact of the division’s near and long-term strategic initiatives and collaborate with the broader FP&A team to incorporate into financial plans
Work in tandem with the Transactions team from development through execution of definitive documents; Support negotiations of transaction terms and legal documentation
Perform valuation analyses for transactions, including discounted cash flow, public company and precedent M&A multiples methodologies
Manage the due diligence process for all global franchise transactions and serve as the project manager within the broader Finance division
Prepare materials for Board of Directors meetings, monthly business reviews, quarterly reporting, and earnings calls
Assist with the creation of investment memos and related presentations for review with the Global executive team and senior management
Qualifications & Experience:
Bachelor’s degree from an accredited academic institution
3 – 5 years of professional experience in investment banking, management consulting, corporate development at a Fortune 100 company, or real estate acquisitions & dispositions
Expert capabilities in Microsoft Excel and PowerPoint
Extensive experience in financial modeling, analysis and data aggregation
Self-starter capable of working both independently and as part of a small team
Impeccable and concise communication and presentation skills, verbal and written
Ability to thrive in a fast-paced, high-pressure environment
Teamwork, cooperation, and ability to take direction
Reliable, focused, and detail-oriented with the ability to consistently meet deadlines
Strong time management skills and experience running multiple projects at a time
Operate with high degree of tact and diplomacy; Client service orientation
M&A or capital markets transaction experience in real estate is a plus
WeWork is the platform for creators, providing hundreds of thousands of members around the world with space, community, and services that enable them to do what they love and create their life’s work.
Our Mission: Empowering tomorrow’s world at work.
The future of work is happening right now. At the heart of virtually every conversation that companies - big and small - are having is how they will come back together to drive their business forward. Through flexible space, inspiring design and extraordinary hospitality, WeWork helps to solve that challenge. Together, we are all empowering tomorrow’s world at work. United by a common purpose, our mission represents who we are and the impact we make.
We are an equal opportunity employer and value diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Internal Number: JR-0049293
We are reinventing the way people work through designed space, flexibility, technology, and community.