Chief Financial Officer

$190,000-$225,000
Hybrid
Full-time
Washington DC-Baltimore Area
20%
Yes

Job Description

We have partnered with an established and growing multifamily real estate operator in the DC Metro area who is looking to hire a new CFO. The CFO will have overall responsibility for the finances and financial strategy of the company, working as a collaborative leader to manage and report on all fiscal and fiduciary affairs of the organization. The CFO collaborates senior leadership, boards and key stakeholders to develop and implement the organization’s business plan in order to meet its strategic goals, recommending the financial strategy for reaching the organization’s goals, monitors and analyzes financial results.

Responsibilities:

  • Develop the strategy to ensure adequate financial resources exist to achieve its current and future goals, while mitigating financial and operational risk.
  • Maintain effective working relationships with key financial partners including funders, investors, partners, government agencies, consultants, and vendors.
  • Oversee organizational budgeting, accounting and cash management, revenue-center level audits and maintains controls to safeguard assets.
  • Prepares the annual corporate consolidated financial statements.
  • Manages and monitors the organization’s cash flow and capital needs.
  • Supervises the accounting staff on day-to-day operations that includes, but is not limited to, month/year end close, accounts receivable & payable, financial reporting, invoicing, cash receipts and disbursements.
  • Guide financial decisions by establishing, monitoring and enforcing policies and procedures
  • Collaborate with other department leaders to develop and execute corporate strategies
  • Assists clients and operations personnel with comprehension of financial statements
  • Prepares compliance responses on behalf of revenue-center-entities to government agencies and financial institutions
  • Monitors banking transactions and related processes to analyze and minimize fees
  • Responsible for the hire, supervision and oversight, and evaluation of direct reports and ensures effective performance management for the entire department
  • Works with direct reports to establish goals and objectives for each year, monitors and reports on the progress of those goals, and creates an environment which enhances the professional development of staff

Job Requirements

  • Bachelor’s degree in Accounting, Finance, Economics or related field.
  • Masters’ and CPA/CFA highly preferred.
  • 15 years of progressive accounting and financial management experience, with at least 5 years in a senior leadership position.
  • Recent experience in multifamily/residential real estate .
  • Experience in strategic financial planning, budgeting, forecasting, and risk management.
  • Proven track record of managing complex financial transactions.
  • Proficiency in accounting software, ERP systems, ad financial modeling tools.
  • Deep knowledge of GAAP and other regulatory frameworks.
  • Proven experience in leading finance teams and working cross-functionally with other departments.
  • Experience developing and implementing financial strategies, aligning with organizational goals and long term financial planning.
  • Excellent analytical skills, strong problem-solving and decision making skills.

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