Chief Financial Officer

4 weeks ago


Glen Cove, New York, United States Grassi Full time
Job Summary:

Grassi's client, a Real Estate company specializing in affordable housing, is seeking an experienced Chief Financial Officer to join their team. The CFO will be responsible for managing and reporting on all fiscal affairs of the organization, including cash and investment management, budgeting and forecasting, and managing the day-to-day operations of the accounting department.

Key Responsibilities:
  • Oversee organizational budgeting, accounting, and cash management to ensure accurate reporting and analysis of financial results.
  • Manage oversight of all operational banking relationships and corporate borrowing arrangements.
  • Oversee day-to-day operations, including month/year end close, accounts receivable and payable, general ledger, payroll, invoicing, cash receipts and disbursements.
  • Establish policies and procedures to ensure compliance with professional practices and HUD regulations.
  • Maintain a system of effective internal controls with timely and accurate recording of transactions and distribution of financial reports.
  • Work collaboratively with management to review potential acquisitions, debt, equity, and public subsidy proposals and partnership/operating agreements.
  • Review and support the evaluation and management of development and asset management related activities.
  • Develop and implement strategies to optimize the organization's financial health and advise on risk management.
Requirements:
  • Bachelor's Degree in Finance or Accounting required. Advanced degree or certifications preferred.
  • 10+ years of experience and knowledge with real estate accounting and finance, preferably in residential and/or affordable housing.
  • Knowledge of the state General Statutes, HUD Financial Accounting Requirements, HUD notices and regulations, and Generally Accepted Accounting Principles.
  • Strong analytical and problem-solving skills.
  • Effective time management skills and the ability to meet deadlines.
  • Solid computer skills including MS Office, Excel, Outlook.
Work authorization: United States (Required)

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