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Director of Finance
2 months ago
An award-winning residential real estate company is looking for a Director of Finance to join their management team at their corporate office in Chicago, IL.
Among the Director of Finance’s numerous responsibilities is assisting in clearly defining a strategy for current and future financial activity. This strategy may include project financing on an individual basis, capital raising, and corporate finance responsibilities. This function also includes the maintenance and monitoring of these various financial activities. This position will report to the CFO and collaborate closely CFO and other company leaders. This position may also require the analysis and preparation of monthly, quarterly, and annual financial reports for a board of directors.
Essential Duties and Responsibilities
The essential duties and responsibilities include the following. Other duties may be assigned.
- Supervising the company’s financial operations
- Managing accounting personnel and providing ongoing training
- Budgeting per the requirements of individual company departments
- Allocating capital funds for capital projects and collaborating with the Director of Facilities to ensure they remain financially viable
- Developing the company’s annual financial plans and projections
- Analyzing the financial implications of business initiatives
- Supervising the company’s financial strategic planning by assessing its performance and potential risks.
- Conducting routine financial analysis.
- Creating budgets that adhere to the requirements of the company’s various departments.
- Managing all accounting and finance employees, including management accountants and internal auditors, by setting goals and managing them.
- Preparing detailed financial reports on the company’s performance.
- Ascertaining compliance with applicable financial laws and regulations.
- Recognizing patterns in the company’s spending and revenue and making recommendations for resolving any issues.
- Assisting the company in liaising with external financial institutions.
Training
Director of Finance needs at least five years of experience in a management position within the finance industry.
Compliance
- Coordinate the provision of information to external auditors for the annual audit
- Monitor debt levels and compliance with debt covenants
- Comply with local, state, and federal government reporting requirements and tax filings
Director of Finance Supervision
- The Director of Finance supervises all accounting staff and requires supervisory experience
Education and/or Experience
Required:
- Bachelor’s or Master's degree in finance or business administration, or equivalent business experience and 10+ years of progressively responsible experience within an organization
- Experience with property management software a plus
- Eagerness to learn from the CFO and grow within the organization
- Knowledgeable of local, state and federal required compliance