FP&A Manager, VTS
$150-170k
Commercial real estate technology solution
Job no longer available
Commercial real estate technology solution
501-1000 employees
Job no longer available
$150-170k
501-1000 employees
Company mission
To unify owners, operators, brokers, and tenants to capitalize on opportunities revealed in every square foot of their properties.
Role
Who you are
- To thrive in this role, you should be extremely detail oriented and be able to execute with a high level of urgency
What the job involves
- As an FP&A Manager you will need to quickly learn the business, develop forecasts, models and reports to support decision making across all departments
- In particular, this role will directly support all business leaders in managing their budgets and providing insights to inform forecasting decisions
- The FP&A Manager will have the opportunity to grow within the role and have strategic influence on business decisions, and get hands-on experience and learning within a supportive environment
- You will leverage your experience with reporting of financial and operating metrics, including sales, margin, and customer data, providing explanations of performance
- You will partner with business leaders to prepare monthly, quarterly, and annual forecasts at the department level and support day-to-day management of their budgets
- You will work to understand each business partner’s functional area and leverage that knowledge to provide analyses that inform business decisions
- Business Expertise: You will leverage your financial expertise by supporting all business partners to produce annual budget vs. actuals and re-forecasts
- You will effectively monitor key performance indicators- highlighting trends, analyze results and causes of variance to senior leadership
- Strategy: In this role, you will be working with other areas of the business to provide regular and on-demand forecasts
- You will partner with HR to track headcount budgets and the corresponding spend, including internal and external labor strategy
- You will effectively translate complex financial concepts into actionable insights for non-financial stakeholders
- Executive Reporting: You will be developing and maintaining financial models, reports, and analysis to support key business decisions and strategic initiatives
- You will lean on your familiarity with Enterprise Software (SaaS preferred) metrics, churn metrics, dollar retention rates, cohort growth rates, lifetime value, customer acquisition cost, gross margin expansion being a big plus
- Process Management: You will improve and scale by developing repeatable processes, including standardizing, automating reports and improving how we leverage internal systems
Our take
Commercial real estate is a difficult business sector to plan for, especially for the largest firms managing huge portfolios of prime office space. Marketing, leasing, data analytics and retention efforts have traditionally required an array of different solutions, often poorly integrated with one another (if at all), and decision-making is often stymied by inaccurate reporting and inflexible, clunky tools.
VTS, a leading player in the commercial real estate tech sector, seeks to change this by unifying every real estate asset and function in a single platform. Combining marketing, asset management and reporting functions into a single interface, it also delivers data insights for decision makers to inform their investment and asset strategies.
VTS's user base has grown to over 45,000 commercial real estate firms including Blackstone, Brookfield Properties, and LaSalle Investment Management, and about 60% of the US's top quality office space is managed through its platform. Having raised a significant amount of funding it is investing heavily in research and development, sourcing strategic acquisitions and hiring additional talent.
Steph
Company Specialist at Welcome to the Jungle
Insights
-5% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Sep 2022
$125m
SERIES E
May 2019
$90m
SERIES D
Total funding: $304.6m
Company benefits
- Parental Leave: 16 weeks 100% paid parental leave for the primary caregiver and 6 weeks 100% paid leave for the secondary.
- Wellness: Dedicated monthly wellness events to promote physical and mental well-being.
- Exec coaching & mentorship: Extensive leadership coaching and mentorship offered through the year.
- Own a piece of VTS: Be an owner of the company you’re building with our equity packages.
- Never stop learning: VTS regularly hosts informal education sessions and provides an allowance for external courses.
Company HQ
Midtown South, New York, NY
Leadership
Nick Romito
(Co-Founder & CEO)Started his career in commercial real estate over a decade ago as a tenant rep and landlord broker at New York City’s Murray Hill Properties. Then went on to AM Properties before becoming the founder and CEO of Titan Advisors in 2009. Founded VTS in 2010.
Ryan Masiello
(Co-Founder)Started his career at Cushman & Wakefield, before getting recruited by JLL to help lead the firm’s business development efforts in New York, eventually becoming Senior Vice President.
Niall Smart
(Co-Founder & CTO)Previously co-founder and CTO at Hightower, and earlier was co-founder of Echodio, a Y-Combinator backed digital media startup that was acquired by RealNetworks in 2009.
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