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CFO – Residential Property Management Firm

2 months ago

Floral Park, United States Advice Personnel Full time

CFO – Residential Property Management Firm – up to $260k


A prominent residential property management firm is seeking a Chief Financial Officer. As the CFO, you'll assume a pivotal role in shaping financial strategy and ensuring the financial health of the organization while reporting directly to the chairman. This position demands a strategic thinker with a robust background in real estate finance, (affordable housing experience is a plus). Your professionalism and expertise will contribute to their continued leadership in the industry. This is an opportunity to make a significant impact in a dynamic and reputable real estate firm with approximately 4,300 units (market rate/affordable) through the tri-state area.


Responsibilities

  • Spearhead the development and execution of financial strategies to drive growth and profitability, optimizing real estate finance for market rate and affordable housing segments.
  • Oversee the day-to-day operations of the accounting department, ensuring timely and accurate financial reporting and compliance with accounting standards and regulations.
  • Report directly to the chairman, providing comprehensive financial analysis and recommendations for strategic decision-making, while collaborating on corporate plans and initiatives.
  • Lead financial planning, budgeting, and forecasting processes aligned with organizational goals, ensuring accurate reporting and compliance.
  • Manage property-level financial reporting, analyzing property performance and variances to budget and forecasts.
  • Manage relationships with investors, lenders, and regulatory agencies, while assessing and mitigating financial risks through cross-functional collaboration.
  • Provide leadership and mentorship to the finance team, driving operational efficiency and effectiveness through technology and best practices, and fostering growth opportunities within the division.
  • Stay current with accounting standards and regulations, proactively assessing their impact on the organization and implementing necessary changes.


Experience

  • A Bachelor's degree in Finance, Accounting, or a related field is required, with a preference for CPA certification.
  • Demonstrated leadership abilities in senior financial positions within residential real estate, particularly with an emphasis on affordable housing.
  • Proficiency in Yardi software and Microsoft Office Suite is essential.
  • Thorough understanding of real estate finance, tax regulations, and compliance is necessary.


Compensation: $220k-$260k all in


The above salary range represents Advice’s good faith and reasonable estimate of the possible base compensation range at the time of posting and is not reflective of the total compensation package, which may also include benefits, equity and other non-cash incentives.


Please send your resume for immediate consideration to: bsedita@adviceny.com


If this particular role isn't the ideal fit, please feel free to forward your resume to the email above to explore other available opportunities. Please also feel free to share this posting with anyone in your network who might be open to learning more. Referrals are always appreciated


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