Keys:
Needs an entrepreneurial spirit / Get it done attitude
Must be able to dive into issues
Needs to be pro-active
As a key member of the executive management team, the CFO will be a strategic business partner and play a prominent role in the growth of the company. The position will report to the owners/CEO/President and interact regularly with them. Responsible for the direct supervision of financial accounting, budgeting, planning, treasury and reporting functions, the ideal candidate is a change agent with the ability to improve efficiency, implement process improvements and apply their skill set to a variety of real estate transactions. The position requires a well-rounded accounting and finance professional with expertise in the real estate and/or construction industry and an ability to see both the big picture and critical details.
Primary Responsibilities Include:
- Responsible for the accounting of about 20 entities spanning several states in construction, property development, and property management industries.
- Direct supervision of the Controller, total group is about a dozen professional and clerical employees.
- Responsible for all financial statements and reporting for all entities.
- Review and ensure application of appropriate internal controls, compliance and financial procedures; Identify areas across the accounting group for process improvement, make recommendations and facilitate change.
- Ensure timeliness and accuracy of all standard and ad hoc reporting to lenders and owners.
- Interpret loan agreements and covenants ensuring all requirements are correctly applied to all accounting processes.
- Oversee cash management function and foster relationships with the various banks.
- Coordinate and support month-end and year-end close processes, reviewing procedures while eliminating inefficiencies.
- Develop a budget system and implement it for all entities. Direct and review the analysis of variences.
- Work with the outside CPA firm as needed on various tax related issues.
- Review and ensure quality control over financial transactions, assisting in the acquisition and sale closing process.
- Responsible for all insurance coverage/policies for all businesses and properties.
- Participate in and/or direct special projects with the finance group or other departments.
- Analysis and projections to determine debt vs equity structuring for new projects and expansion into new locations.
Position Requirements:
- Bachelor’s Degree in Accounting required, Masters degree is a plus.
- CPA designation required
- 12 plus years of related experience preferably including public accounting, real estate, and construction.
- Experience with GAAP compliance, financial reporting and accounting research
- Knowledge and understanding of proper internal controls for various accounting processes and safe guarding of assets; experience monitoring effectiveness and developing guidelines
- Strong MS Excel skills and experience with ERP systems.
- Ability to create and monitor cash flow models, budgets, financial covenant testing/tracking, break even analysis and buy vs lease analysis.
- Demonstrated ability to understand complex real estate transactions
- Strong attention to detail regarding cost allocations
- Strong leadership and people management skills
- Excellent oral and written communication skills
