Real Estate Finance Manager

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff Just ask any of our over 20,000 associates who work at Five Below and they'll tell you there's no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It's all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace

BRAND DESCRIPTION:

At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff Just ask any of our over 20,000 associates who work at Five Below and they'll tell you there's no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.

It's all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace

POSITION SUMMARY

We are seeking a results-driven Real Estate Finance Manager to join our finance team at Five Below, a fast-growing retail company. This role will serve as the financial lead for all real estate–related initiatives, including new store growth, lease management, and portfolio optimization. The Real Estate Finance leader will partner with Real Estate, Construction, and Operations teams to drive data-driven decisions that maximize return on investment and support our long-term expansion strategy.

JOB RESPONSIBILITIES
 
Real Estate & Portfolio Strategy

• Partner with Real Estate and Development teams to evaluate new site opportunities, remodels, relocations and expansions

• Build and maintain financial models (IRR, NPV, payback, sensitivity analysis) to support site selection and capital investment decisions

• Provide financial oversight for lease negotiations, including rent economics, incentives, and landlord terms

• Monitor market trends, demographic data, and competitor activity to inform location strategy

• Lead in-depth post audit on store cannibalization impacts from prior year new store classes
 
• Assist in identifying sales performance / profitability trends & influencing factors within overall portfolio

Lease & Portfolio Management

• Analyze and manage the existing store portfolio to identify opportunities for cost savings, renewals, or terminations

• Support negotiations for lease renewals and extensions by providing financial insight and scenario analysis

• Develop reporting and dashboards on occupancy costs, lease expirations, and store-level profitability

Cross-Functional Leadership

• Act as the key finance partner for Real Estate, Construction, and Operations teams

• Present financial analyses and recommendations to senior leadership and Real Estate Committee

• Support strategic initiatives such as new format testing, geographic expansion, etc.

General:
 
• Translate highly technical data and concepts into simplified summaries and actionable insights to drive strategic decisions and anticipate/respond to cross functional business needs
 
• Develop insightful, condensed PowerPoint presentations out of complicated analytics
 
• Apply appropriate quantitative methods to analyze data and recommend key strategies against which others can work
 
• Complete time sensitive special projects upon request
 
• Build dashboards and reports that integrate data from across difference sources to provide superior business and operational insights to senior leadership
 
QUALIFICATIONS:
 
•Bachelors degree, MBA or Master's degree in Real Estate or Finance, or equivalent experience in related field
 
• 7+ years of experience in real estate / finance working for a national/regional retailer
 
• High level of proficiency with Microsoft Office products such as Excel, Word, PowerPoint, etc.  

• Experience with Power BI is highly desirable  

• Advanced financial modeling and Excel skills; experience with real estate systems and GIS tools a plus

• Excellent communication and presentation skills; ability to influence across departments and with senior executives
 
• Proficiency in retail finance and reporting
 
• Experience portfolio analytics (e.g. cannibalization analysis is a plus)
 
• Possess exceptional organizational skills with the ability to handle multiple tasks/projects, while working independently
 
• Excellent written and verbal communication skills, and strong interpersonal and relationship building skills
 
• Position requires an individual with a passion for creating actionable performance insights that can drive real estate strategy refinements
 
• Communicate effectively, both horizontally and vertically
 
• Strong presentation skills
 
• Self-motivated with critical attention to detail and deadlines

Five Below is an Equal Opportunity Employer

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Five Below is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.

Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information.

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