Additional Information
Our team members are the key to our company's success, and their health and well-being, as well as that of their families, is very important to us. We offer a comprehensive benefits package that allows our team members stay healthy, plan for their future and maintain a healthy work-life balance. Benefits may vary with employment status. To see our fill list of Team Member Benefits please visit our career site: www.gotoworkhappy.com/benefits
Job Description:
Corporate Development Manager a core member of a lean, execution-focused team responsible for evaluating and executing M&A, strategic investments, and development initiatives. This position is responsible for supporting the Casino Development Team by providing financial modeling for re-developments and expansions of existing properties, future greenfield developments and M&A opportunities. This position will be responsible for assisting with project evaluation, underwriting and research activities. This person will regularly engage with Hard Rock senior management (Chief of Staff, CFO, COO, etc.) and needs exceptional soft-skills on top of a strong technical foundation.
PRIMARY RESPONSIBILITIES
Build and maintain complex three-statement financial models to perform analyses under different operating scenarios using input from management and public sources and conduct in-depth fundamental, financial and operational due diligence and analysis on new business development opportunities, investments and acquisitions
Perform valuation and financial analyses, including DCF, trading comparables, precedent transactions, pro-forma projections and LBO analyses to provide executives the information needed to evaluate a potential development projects, M&A Opportunities, and other corporate development and investment opportunities
Participate in day-to-day deal execution, interacting with senior deal team members, management team, bankers and consultants, JV partners, legal counsel, transaction counterparties and other advisors
Support due diligence activities including preparing virtual data rooms, tracking and coordinating the information flow across functional areas of the company, and reviewing and analyze information including the use of 3rd party tools to provide additional data analytics
Conduct due diligence, financial and operating statements review, and perform market research on potential development locations. Identify competitive properties, analyze zip codes, drive times, visitation frequencies, market propensities, fair share, and other market performance metrics to determine the potential for the subject development / re-development / expansion
Prepare descriptive memorandums, management presentations, board presentations, and other materials and collaborate with senior management on presentation materials for prospective investment opportunities, lenders, capital providers, and JV partners
Analyze the performance results of market trends, competition and industry news, including pending legislation.
Liaise with other teams, including among the Operations, Finance and Legal divisions regarding the development pipeline and deal terms to surface any potential issues impacting our tax structure or debt covenants during the development process.
Coordinate with the Project Design & Construction team on development building program and capital structure assumptions.
Work with CFO and Deputy Treasurer on company-wide cash needs analysis including maintenance and expansion capex at existing properties, planned future greenfield developments and M&A opportunities
Participate in new business development execution including legal documentation, transaction structuring and capital markets events
This job description reflects the position's essential functions; it does not encompass all of the tasks that may be assigned.