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24 Hour Fitness, INC. Financial Analyst, Real Estate Strategy (Remote) in San Ramon, California

FULL-TIME Full-time

LOCATION 12647 Alcosta Blvd San Ramon CA 94583

JOB SUMMARY

Under the supervision of the Director of Real Estate & Capital Strategy, this position is primarily responsible for driving strategic real estate decisions through in-depth analysis and producing and presenting findings to support development planning and strategy. This may include portfolio strategy, relocation/renovation planning, and/or new market entry viability assessments & strategies. In addition, there may also be work related to project management and/or participation in continuous improvement work around internal process management and tools as the department continues to grow and improve its capabilities.

ESSENTIAL DUTIES & RESPONSIBILTIES Estimated % of Time Spent

  1. Strategic Planning & Analysis
  • Support the annual strategic planning process for the Development Team and managing the reporting and forecasting of new sites, relocations, remodels, and closures.

  • Perform sales forecasting and financial modeling to evaluate investment decisions that align with company's strategic plan.

  • Conduct ongoing analysis of new and existing markets to determine optimal capital plan for both strategic success and to maximize portfolio ROI.

  • Conduct hindsight analysis on existing sites to better understand drivers of success of new club locations, and to incorporate findings into models and future real estate strategic decisions.

  • Conduct DMA headroom (club count potential) research for both new and existing markets.

  • Assist in development of Real Estate Committee materials to support capital investments presented to Executive Leadership.

40%

  1. Reporting
  • Perform monthly reporting of club performance and KPI to business partners.

  • Manage competitor tracking of internal database across markets.

  • Develop and manage a data repository of assets across facilities to streamline various reporting and analytical requests

  • Conduct ad-hoc projects, reporting, and analysis as directed by Real Estate Strategy and Development management.

40%

  1. Special Projects
  • Assist and support the refresh and recalibration of the predictive analytics software and geo-spatial platform.

  • Assist in the development of Board level presentations in support of individual sites and/or transactions.

20%

Total 100%

ORGANIZATION RELATIONSHIPS

The position has regular contact with cross-functional business partners including Real Estate, Construction, Property Management, Facilities and Finance departments. The Analyst often participates in completing and presenting analysis and recommendations to senior leadership.

REQUIRED QUALIFICATIONS

Knowledge, Skills & Abilities

  • Outstanding academic record.

  • Strong finance and accounting background with intensive financial modeling experience preferred.

  • Retail/commercial real estate industry experience preferred but not required.

  • Good research skills and excellent communication and people skills.

  • Motivated and demonstrate initiation in problem-solving.

  • Proficient in MS Office products with special emphasis on mastery of Excel and financial modeling.

  • High degree of accuracy in their work. Ability to audit their own and others' work for correctness.

  • Excellent written and verbal communication skills and ability to make presentations.

  • Motivated with the ability to work independently and cross-functionally.

  • Ability to manage multiple assignments simultaneously and independently, setting own priorities.

Minimum Educational Level/Certifications

  • 4 year Bachelor's degree.

Minimum Work Experience and Qualifications

  • 2+ years of work experience in financial analysis, FP&A, M&A, investment banking, strategy consulting, private equity, or a related field.

  • Strong financial acumen and understanding of cash flows and investment planning metrics.

  • Project management capability and proven track record of accomplishment.

Travel Requirement

  • Limited to no travel required (<5%).

Disclaimers

DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by incumbents assigned to this job. This is not intended to be an exhaustive list of all the responsibilities, duties and skills required. The incumbent may be expected to perform other duties as assigned. This job may be reviewed as duties and responsibilities change with business necessity.

COMPLIANCE & INTEGRITY: Consistently supports compliance and Workplace Conduct by maintaining the privacy and confidentiality of information, protecting the assets of the organization, acting with ethics and integrity, reporting non-compliance, and adhering to applicable federal, state and local laws and regulations, accreditation and licensure requirements (if applicable), and 24 Hour Fitness' policies and procedures.

All Directors, Managers and Supervisors are accountable for communication, implementation, enforcement, monitoring and oversight of compliance policies and practices in their departments.

SERVICE & QUALITY: In addition to defined technical requirements, accountable for consistently demonstrating service behaviors and principles defined by 24 Hour Fitness as well as specific departmental/organizational initiatives. Also accountable for consistently demonstrating the knowledge, skills, abilities, and behaviors necessary to provide superior and culturally sensitive service to member and team members, contracted providers and vendors.

WORKPLACE SAFETY: In addition to defined working conditions and physical requirements, employees are accountable for working safely; following established policies & procedures; and reporting all injuries and hazards to their supervisor immediately.

Supervisors and Managers are accountable for ensuring the safety performance of employees; applying consistent practices in compliance with federal, state and local regulations; providing guidance to maintain a safe and healthy work environment.

FUNCTIONAL GROUP Construction/Real Estate

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