Truist Financial

Real Estate Financial Operations Manager

Truist Financial$100K — $120K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Business Administration, Information Systems, Data Analytics, or related field or equivalent experience.
  • 7+ years in business analysis, financial operations, or related fields.
  • Strong understanding of financial reporting, forecasting, and budgeting processes.
  • Ability to communicate complex concepts effectively to diverse audiences.
  • Experience developing strategies and business cases for enterprise-level financial decisions.
  • Demonstrated success in process improvement and automation.
  • Proficiency with reporting and analytics tools such as Power BI and Snowflake.

Responsibilities

  • Act as a strategic partner to various teams ensuring financial performance across the Corporate Real Estate portfolio.
  • Analyze financial operations and spend drivers for increased accuracy and efficiency.
  • Identify and lead initiatives aimed at strategic cost savings and financial discipline.
  • Benchmark real estate costs against market data for informed decision-making.
  • Oversee governance and execution of an annual $200M capital plan to align with enterprise objectives.
  • Streamline and automate business processes to enhance operational efficiency and control.
  • Collaborate with technology teams to implement innovative financial solutions using advanced platforms.

Benefits

  • Collaborative work environment fostering teamwork and communication.
  • Opportunity for continuous professional development and learning.
  • Exposure to innovative financial technologies and solutions.
  • Engagement with senior leadership and influence over key financial strategies.
  • Access to tools and platforms that drive operational excellence.
Full Job Description
Lead strategic financial operations, cost optimization, and capital planning supporting Truist's Corporate Real Estate and Workplace (CREW) organization. This role will be responsible for implementing a strategic financial management capability focused on cost, expense, and capital spend discipline across the real estate portfolio. The position serves as a key liaison between Corporate Finance, Accounting, Sourcing, third-party partner vendors, and internal business partners to drive accurate reporting, measurable cost savings, market-informed decision-making, and operational excellence. The Manager will lead strategic cost savings initiatives, benchmark real estate costs against market and peer data, and oversee development, governance, and execution of the annual capital plan. The role supports critical financial activities including invoice reconciliation and batching, capital project closeout and CIP reconciliation, rent forecasting, annual planning, monthly forecasting, monthly actuals analysis, and expense management, while also identifying opportunities to leverage automation, analytics, and enterprise platforms such as Power Apps, Snowflake, Power BI, TRIRIGA, workflow technologies, and related tools. The position requires strong financial acumen, executive presence, analytical depth, stakeholder management skills, and the ability to influence and lead complex cross-functional initiatives. The leader must translate data into actionable insights, build business cases, challenge current-state spend patterns, and drive scalable, well-controlled processes that support enterprise priorities and disciplined financial stewardship. *****Position is office centric with 5 days in office expectations. *****Position is not a remote role.**** Essential Duties & Responsibilities: 1. Serve as a strategic financial business partner to Corporate Finance, Accounting, Sourcing, Technology, CREW leadership, and third-party service providers to support cost discipline, capital planning, and financial performance across the Corporate Real Estate portfolio. 2. Lead analysis of financial operations processes and spend drivers, including invoice reconciliation, payment batching, accrual validation, rent forecasting, capital project closeout, monthly financial reporting, and expense trend analysis. 3. Lead strategic cost savings initiatives by identifying opportunities, developing business cases, coordinating stakeholder alignment, and tracking realized benefits across operating expense and capital spend categories. 4. Benchmark CREW costs against market and peer data to inform sourcing decisions, vendor negotiations, capital allocation, expense management, and long-term portfolio financial strategy. 5. Oversee development, prioritization, governance, and performance tracking for the approximately $200M annual CREW capital plan, ensuring alignment to enterprise priorities, financial targets, risk considerations, and execution capacity. 6. Identify opportunities to streamline, automate, and improve business processes through technology and data solutions, reducing manual effort while improving accuracy, transparency, and controls. 7. Partner with technology teams to design, develop, test, and implement automation solutions utilizing Snowflake, Power Apps, Power BI, workflow technologies, and other enterprise platforms. 8. Support annual planning, quarterly forecasting, monthly forecast updates, and actuals analysis by providing financial insights, variance explanations, and operational reporting. 9. Develop and maintain reporting, dashboards, and key performance indicators that provide actionable insights into financial performance and operational effectiveness. 10. Lead complex data analysis efforts by integrating information from multiple systems and sources, validating data quality, and identifying trends, risks, and improvement opportunities. 11. Partner with project managers, lease administration teams, accounting teams, and external service providers to support capital project financial closeout activities, including Construction-in-Progress reconciliation and asset capitalization reviews. 12. Document business requirements, process flows, control points, and operational procedures to support business transformation, technology enablement, and ongoing process governance. 13. Drive continuous improvement efforts by evaluating current-state processes, identifying root causes of operational challenges, and implementing sustainable solutions. 14. Communicate findings, recommendations, benchmarking insights, cost savings opportunities, and capital plan performance to senior leadership through executive-ready presentations, reports, financial narratives, and analytics. 15. Act as a subject matter expert for financial operations processes within the Corporate Real Estate organization and provide guidance to team members and business partners. 16. Monitor operational performance, identify potential risks or control gaps, and recommend mitigation strategies to support compliance with internal policies and financial reporting requirements. Required Qualifications: 1. Bachelor's degree in Finance, Accounting, Business Administration, Information Systems, Data Analytics, or related field, or equivalent combination of education and experience. 2. 7 or more years of experience in business analysis, financial operations, accounting operations, financial planning and analysis, process improvement, or related disciplines. 3. Strong understanding of financial reporting, forecasting, budgeting, accrual accounting, and operational finance processes. 4. Strong executive presence with excellent written, verbal, and presentation skills, including the ability to communicate complex financial concepts, recommendations, and trade-offs to senior leaders and both technical and non-technical audiences. 5. Experience developing financial strategies, cost savings plans, benchmarking analyses, capital plans, or business cases that support enterprise-level investment and expense decisions. 6. Demonstrated experience analyzing complex business processes and implementing process improvements or automation solutions. 7. Proven ability to lead complex cross-functional initiatives, influence stakeholders without direct authority, and drive alignment across Finance, Accounting, Supply Chain, Technology, Operations, and external partner teams. 8. Experience working with enterprise reporting and analytics platforms including Power BI, Snowflake, Alteryx, Power Platform, or similar technologies. Proficiency with either SQL or Python coding. 9. Strong quantitative and analytical skills with the ability to translate data into actionable business insights. 10. Strong problem-solving skills and ability to independently identify and resolve operational challenges. 11. Advanced proficiency in Microsoft Excel and Source to Pay processes. Preferred Qualifications: 1. Experience supporting Corporate Real Estate, Facilities Management, Lease Administration, Construction Project Accounting, or related operational functions. 2. Financial services or banking industry experience. 3. Knowledge of SAP, Ariba, TRIRIGA, ServiceNow, or similar enterprise platforms. 4. Experience supporting Construction-in-Progress accounting, capital project closeout processes, lease accounting, or real estate financial operations. 5. Lean Six Sigma, Business Analysis, Process Improvement, CPA, or related certifications. 6. Experience leading automation initiatives utilizing Power Automate, Power Apps, AI-enabled workflows, or related digital transformation technologies.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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