Director of Finance

DIRECTOR OF FINANCE

Job Description

Thrive Companies are built upon a shared passion - a devotion to creating meaningful relationships. The kind that makes us better people, that ?ll our lives with authenticity. We are inspired by our work, by our ability to create for those looking for community - for a place to call home, for neighbors to build real and lasting friendships with, for a place to create memories for a lifetime.

POSITION SUMMARY

The Director of Finance is responsible for performing and managing all financial operations and policies for Thrive Community Management and Thrive related communities.

REPORTS TO: SVP of Finance

RESPONSIBILITIES AND DUTIES

Financial Leadership & Oversight

• Lead all financial operations for Thrive Community Management and related communities, ensuring accuracy, timeliness, and integrity of financial data.
• Manage and continually improve the monthly close process, including consolidation, reconciliation, and financial statement preparation.
• Present financial results and key metrics to investors and executive leadership, highlighting performance trends and actionable insights.
• Monitor and analyze monthly performance against budget and forecast; identify variances and recommend corrective actions.
• Direct cash flow management, capital allocation, and intercompany transactions to optimize liquidity and compliance.
• Oversee corporate allocations, management fees, and reimbursement invoicing.
• Annual budget writing overview and participation.

Process Improvement & Systems Management

• Partner cross-functionally with Community Management, Development, Asset Management, Legal, Brand, and HR to align financial activities with organizational goals.
• Lead technology and process enhancement initiatives to drive automation, AI adoption, and improved controls across accounting systems.
• Ensure compliance with internal controls and standard operating procedures while identifying opportunities for continuous improvement.
• Administer the full life cycle of vendor management, from onboarding through payments and 1099 processing.
• Oversee system setup for new entities, including bank accounts, accounting software configuration, and chart of accounts design.

Accounting Operations

• Manage all accounts payable and accounts receivable processes, including invoice review, coding, approvals, and collections.
• Maintain and reconcile general ledger accounts, bank accounts, and corporate credit cards monthly.
• Compute, invoice, and reconcile management and payroll fees.
• Prepare and review reports through data collection, analysis, and summarization to support executive decision-making.
• Oversee CAT Tax filings, regulatory reporting, and audit coordination (internal, external, and compliance-related).

Reporting & Analysis

• Prepare comprehensive financial analyses to evaluate operations, costs, and forecasts, ensuring goals and objectives are met.
• Develop and maintain dashboards and other financial tools that enhance visibility across community and corporate performance.
• Track and communicate budget-to-actual variances with the SVP of Community Management and other department leaders.

Compliance & Audit

• Ensure adherence to Generally Accepted Accounting Principles (GAAP) and regulatory requirements.
• Oversee and support all internal and external audits, ensuring transparency, timely responses, and remediation of findings.
• Safeguard financial data integrity and confidentiality across all platforms and processes.

Other Responsibilities

• Perform additional duties and special projects assigned to support Thrive's mission and strategic growth initiatives.

SKILLS, EDUCATION AND EXPERIENCE

• Bachelor's degree in accounting, finance, or economics.
• 5+ years of experience in accounting or finance, multifamily preferred.
• Proficiency in Entrata or similar property management accounting experience.
• Proficiency in excel.
• Strong time management and prioritization skills.
• Ability to accurately process and record a large volume of numerical data.
• Strong presentation skills.
• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Ability to sit, stand, or otherwise to perform work duties for 8+ hours per day

BENEFITS

• Benefits which include health, dental and vision insurances, 401K with match, generous PTO, yearly bonuses, apartment discounts, and free gym membership.