CKE Restaurants

Sr Manager of Franchise Performance & Real Estate Assets

CKE Restaurants • $90K — $120K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8 years of experience in Real Estate Finance and Management within a franchised environment; retail/restaurant experience preferred.
  • BA/BS in Business or Finance; MBA preferred.
  • Knowledge of franchise finance practices and regulations.
  • 2 years of supervisory experience.
  • Advanced skills in financial analysis and budgeting processes.
  • Excellent communication skills to effectively engage with management at all levels.

Responsibilities

  • Facilitates maintenance and recovery of revenue through effective financial risk management.
  • Develops workout plans for at-risk franchise groups.
  • Supports market transformations and restaurant transitions including acquisitions and closures.
  • Manages relationships with brokers and financing resources for restructuring support.
  • Leads the diligence process for acquisitions and divestitures, including planning and execution.
  • Partners in strategic efforts around real estate and asset management, fostering cross-functional collaboration.
  • Undertakes additional duties as required based on evolving business needs.

Benefits

  • Hybrid work model with on-site requirements three days per week.
  • Opportunity to influence growth and retention in the restaurant sector.
  • Engagement with cross-functional teams and various levels of management.
  • Chance to lead and manage key financial and operational projects.
  • Supportive environment for solving complex problems and driving strategic initiatives.
Full Job Description
POSITION SUMMARY

The Sr Manager of Franchise Performance & RE Assets is responsible for driving growth and retention of both company and franchise-owned restaurants nationwide. This role will influence restaurant growth and preservation by providing analytics on all development-related activities as well as serving as an active partner with franchisees, development leadership, and other cross-functional leaders.

ESSENTIAL FUNCTIONS

May perform any or all of the following duties:

  • Facilitates both the maintenance and recovery of revenue streams for the company through the effective management of financial risk, including Closures, Store Transfers, Acquisitions/Divestitures, Workout Agreements, New Restaurant Builds, and Rebuilds.

  • Determines or develops appropriate workout plans for challenged or 'at risk' franchise groups

  • Provides project support for market transformation, acquisition, and divestiture of company-owned restaurants, restaurant transfers, workouts, Cap-Ex investments, and store closure mitigation.

  • Owns the relationships with both brokers and financing resources to provide workout and restructuring support to potential buyers or capital partners.
  • Leads the diligence process for restaurant acquisitions, divestitures, and refranchising processes, including transaction management, negotiation, planning, and execution.
  • Partners in various strategic efforts, including real estate, asset management, joint ventures, and lender relationship management. Work cross-functionally to establish strong cross-functional relationships with all stakeholders.
  • Performs other duties and/or special projects as assigned in response to changing business conditions and/or requirements


POSITION QUALIFICATIONS/CORE COMPETENCIES

  • Must possess approximately 8 years of any combination of experience and/or education that demonstrates a commanding knowledge of Real Estate Finance and Management with a highly franchised company; retail or restaurant experience highly preferred.
  • BA/BS Degree in business or finance, MBA preferred

  • Working knowledge of franchise finance, practices, and regulations
  • Two (2) years of supervisory experience
  • Advanced knowledge of financial analysis, budgeting processes, and financial statements
  • Excellent written and verbal communication skills, with a demonstrated ability to communicate effectively with all levels of management, both internally and externally
  • Capacity to perform at a high level in a fast-paced, multi-tasking environment

  • Demonstrated ability to solve unstructured problems.
  • Must have the ability to set appropriate expectations, effectively and efficiently complete processes, maintain quality standards, manage ambiguity, and achieve commitments.


WORK ENVIRONMENT

  • Restaurant Support Center operates in a fast-paced, high-volume, deadline-driven environment. The role follows a hybrid work model, requiring on-site presence in the office every Tuesday, Wednesday, and Thursday.


PHYSICAL DEMANDS

  • Sitting for extended periods of time, using the telephone, typing, and/or operating a computer and/or mouse
  • Constant interaction with internal and external partners in person, by phone, and/or electronic communications
  • Travels as needed, approximately up to 25%


THE COMPANY RETAINS THE RIGHT TO CHANGE OR ASSIGN OTHER DUTIES TO THIS POSITION AS DEEMED APPROPRIATE WITH OR WITHOUT NOTICE.

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