Fractional CFO or Controller for Real Estate

1 week ago


Wellesley Hills, Massachusetts, United States Charles River CFO Full time
Job Summary

Charles River CFO is seeking an experienced Fractional CFO/Controller to join our team. As a key member of our financial leadership team, you will be responsible for providing strategic financial guidance and oversight to our real estate clients.

Key Responsibilities
  • Implement and maintain employee handbook and policies
  • Manage employee benefits, including health insurance, life insurance, and COBRA options
  • Oversee workers' compensation insurance, claims reporting, and monitoring
  • Monitor cash balances and arrange for transfers as needed
  • Review and manage payroll, allocations to properties, and cash balances
  • Prepare financial models for capital improvement decisions, refinancing, and acquisition
  • Provide financial submissions for refinancing applications
  • Evaluate cash distributions from family-owned entities and suggest cash distribution amounts
  • Write updates to LPs transmitting audited financial statements and cash distribution
  • File annual reports with the Secretary of State's office and pay minimum yearly Mass tax for S Corps
  • Negotiate CPA engagement letters and review internal year-end accruals and adjustments
  • Prepare Fraud Statement and review CPA-proposed adjustments to financial statements and tax returns
  • Review and comment on draft audited financial statements and income tax filings
  • Monitor/enforce K-1 reporting and tax return filing deadlines
Qualifications
  • BS Degree in Accounting or Finance; MBA preferred
  • CPA a plus
  • Real estate experience, including Affordable Housing experience, is a MUST
  • 10+ years of leadership experience
  • Excellent communication skills
  • Yardi experience a MUST

Charles River CFO is an FAO firm serving companies in the life sciences, high technology, manufacturing, professional services, and nonprofit industries. Our clients are publicly traded, middle-market, and venture-backed emerging growth companies. The successful candidate will be entrepreneurial, strategic, and laser-focused. Charles River CFO services include financial leadership for strategic transactions, financial management, cloud accounting services, and tax services. We offer start-up and emerging companies a complete accounting and finance function while augmenting existing capabilities at large multinational corporations.

Charles River CFO is an Equal Opportunity Employer, and our staff represents a diverse group of individuals with various interests and backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation, genetic information, and other characteristics protected by law.



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