This role is responsible for providing strategic financial leadership and management for LCS Development. This role involves overseeing all financial aspects of the business, including budgeting, forecasting, financial planning, contract margins, and analysis, as well as leading a team of finance professionals.  This is inclusive of providing strategic insight to the LCSD executive team, management of client modeling/reporting, and supporting relationships with key partners. 

 

The Sr. Manager, Finance will play a key role in driving financial performance and supporting LCS Development’s growth initiatives.  They are key to supporting LCS Development’s relationships with clients and investment banks with regards to the financial structure, performance, and critical decisions. They must have the aptitude to create and develop relationships with external parties.  Partnership with clients, investors, and investment banks will be critical to ensure each project achieves the highest level of success.

 

Experience is Everything:

At LCS, experience is everything. We provide you the opportunity to use your talents in a progressive, growing organization that makes a positive difference in the lives of the seniors we serve. If you are seeking an organization that gives back, you’ll love working here. Our principles and hospitality promise define our company culture. LCS employees can be found participating in volunteer activities, getting involved in our committees or collaborating with team members in our innovative workspace. You’ll find several opportunities to grow as a professional, serve the community, and enhance the lives of the seniors. 

 

The Role: 

Leveraging a strong background in development modeling and equity capital stacks, analyze financial data and translate it into actionable insights and recommendations for key internal stakeholders and clients.  Serving as a key member of the LCS Development project team, present to community Boards and other key external stakeholders to support Project Development Managers (PDMs) on key decisions.  Oversee internal financial leadership for LCS Development, including:  Preparation of financial management reporting, analysis, and comparisons. Preparation of LCS Development budgets, projections and near-term forecasts. LCSD Client Billings, Accounts Receivable management, and Development Agreement review. In partnership with PDMs, develop capital cost budgets, pro forma financial statements, and relevant project schedules. Provide strategic analysis to PDMs to make decisions around the structure of projects and provide monthly client reporting of financial performance during the life of a project. Serve as a key relationship manager for banks and investors. Partner with these groups to create financially successful projects for clients and LCS Development.  Responsible for the effective management and leadership of a team. This includes, but is not limited to: hiring, training, coaching, evaluating and managing performance, allocating compensation, effectively handling employee relations issues, managing terminations.  Perform other duties and essential functions as assigned.

 

Experience and Qualifications: 

Bachelor’s degree preferred or equivalent experience.  Minimum 5 years directly relevant experience.  Real Estate Development experience with specific modeling and equity capital stack background.  Prior team leadership.  Direct experience with Investment Banking relationships. Familiarity with Senior Housing industry.

 

Knowledge and skills:

Strong knowledge of financial management principles, including budgeting, forecasting, complex financial modeling, and financial analysis/analytics. Experience managing a team of finance professionals, with a demonstrated ability to lead, develop, and inspire high-performing teams. Excellent analytical, problem-solving, and decision-making skills. Strong communication and interpersonal skills, with the ability to effectively collaborate with senior leadership and cross-functional teams. Ability to confidently present complicated financial information in relevant terms to internal and external stakeholders, including executives.  In-depth understanding of industry-specific financial regulations and compliance requirements. Proficiency in financial software and systems, with strong Excel and financial modeling skills.

 

Why LCS? 

Industry leader. The Nation’s third-largest senior living operator ranked number one in customer satisfaction among senior living communities. 

 

Inclusive and collaborative culture. We’re dedicated to diversity, equity, and inclusion and have an engaged Diversity and Inclusion Council focused on creating awareness and educating employees on inclusivity. In addition, LCS creates a collaborative culture that provides an exceptional experience for every employee. 

 

Top Workplace USA: LCS has earned the 2024 Top Workplaces USA award and is recognized for our strong company culture and engaged workforce. In addition, LCS earned ten culture excellence awards in areas such as DE&I practices, top managers, professional development, and clued-in leaders, to name a few.

 

Top Workplace Iowa: LCS employees truly believe we are an employer choice. This recognition, for 4 years running, is in large part due to the culture of excellence that our employees help deliver every single day.

 

Competitive pay, great benefits and vacation time.  We are an equal opportunity employer with benefits including medical, dental, life insurance, disability, 401(k) with company match and paid parental leave.

 

Charity and community involvement. We are recognized as a national team for the Alzheimer’s Association and consistently a top contributor to United Way. We also support our employee’s individual community contributions and provide opportunities to get involved at our corporate locations and in our communities.

 

Outstanding advancement opportunities. LCS is growing and we think you should too. Our company growth allows for internal growth opportunities across all of our business lines.

 

Ongoing career development. Onsite education opportunities, education assistance, and continuing education credits allow LCS employees to keep their knowledge of current industry changes relevant.

 

LCS creates living experiences that enhance the lives of seniors. You’ll see this commitment in our people. They’re talented, dedicated professionals who truly care about residents, with each conducting his or her work with integrity, honesty, and transparency according to the principles of LCS. We strive to help every community succeed—strengthening available resources, establishing proven practices that lead to long-term growth and creating lasting value for those living in, working for and affiliated with the community. Check us out on our website: www.lcsnet.com

 

Travel Frequency: 10-20%

Job Level: C

Estimated Salary Range: $110,400 - $138,000

 

The actual title and salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, and other relevant factors.

 

A POST-OFFER BACKGROUND CHECK, INCLUDING REFERENCES, IS REQUIRED

LCS IS AN EQUAL OPPORTUNITY EMPLOYER