Chief Financial Officer
BH Properties · Los Angeles, CA · 2 mo ago
On-siteEducation$225k–$300k/yrFull-time
Responsibilities
- Manage cash flow projections ensuring availability of funds
- Assist in managing Company relationships with banks, institutions and other financial partners along with assisting in identifying new lending sources focused on the residential sector
- Participate with the Company’s in-house finance team on all financings being considered
- Ensure timeliness and accuracy of financial reporting to banks and other financial partners
- Ensure compliance with loan covenants
- Prepare and participate in financial presentations to banks and other financial partners
- Propose action plans to ensure that financial objectives are attained
- Work with the senior leadership team in the preparation of the long-term financial goals, annual plans, budgets and projections
- Leverage on past and existing networks to provide insight and recommendations to manage both short-term and long-term goals of the Company
- Assist in developing a capitalization strategy for new acquisitions and existing owned assets
- Create strategic initiatives that generate additional opportunities for the company through external relationships, which may include speaking engagements, and participation in select industry organizations/entities
- Assess financial risks and recommend strategies to mitigate those risks
- Respond to financial related questions from lenders, and other stakeholders
- Partner with other internal departments to ensure that communications and presentation materials are accurate
- Create budget and forecast models
- Execute special projects and ad hoc analyses as needed
Qualifications
- Undergraduate degree is required in accounting or business-related field
- Both a CPA and graduate degree a plus
- 15 + years of experience in real estate accounting or related field with experience in multi-family operations and financial reporting
- Experience with both FANNIE and FREDDIE MAC loan process / programs
- Experience in Yardi software a plus
- Demonstrated ability to maintain confidentiality
- Strong organizational skills, including the ability to prioritize and multi-task
- Advanced knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
- Ability to communicate effectively and professionally within all levels of the organization and externally with lenders and other outside parties
- Ability to work independently and with minimum supervision
- Ability to work in a fast-paced entrepreneurial environment
- Must possess a strong work ethic
- Must be a team player
Pay
$225,000-$300,000
Schedule
Travel required (10%)