Finance Director, SigEp National Housing

About the role

As the SENH Finance Director, you’ll manage and oversee the entire accounting and finance functions of SigEp National Housing and its 28 managed properties. You and your team will provide accurate, timely, and reliable financial statements, management reports, cash projections, and budget data for internal and external stakeholders. When the SENH Finance Director does their job well, the finance staff are well managed and collaborating throughout the organization, every other department feels well informed and educated on how to manage their own finances, and the organization can grow and thrive with the support of the entire staff. Our impact depends on a foundation of sound financial practice, and your role is paramount to achieving that foundation.

Responsibilities

• Direct SENH’s financial strategy across its housing portfolio, delivering accurate and timely financial reporting that guides board and leadership decisions
• Manage financial reporting and cash flow for 28 properties
• Provide timely and accurate financial statements within 45 days of quarter-end and within 90 days of year-end
• Coordinate with finance team to ensure timely and accurate AVC Investment Fund reporting in mySigEp within 15 days of month close
• Manage funding and recording of loan portfolio for operating entity and property-specific loans
• Record intercompany transactions between subsidiaries and related entities
• Present statements internally to staff and management on a quarterly basis
• Monitor financial controls and auditing standards to ensure maximum utilization of limited financial resources with approved budgets
• Manage cash for the entities to maximize returns while ensuring adequate financial reserves to satisfy operating expenses and advance strategic objectives
• Collaborate with the operations team on budget and financial metrics for all housing entities
• Manage and ensure bank covenant compliance, especially as it pertains to completion of the audit and other reporting requirements
• Lead loan escrow analysis for various borrowers, ensuring that escrow balances remain sufficient to pay property taxes and insurance
• Coordinate with AP to ensure timely payment of property taxes and insurance
• Lead and manage the SENH accounting team members
• Act as committee liaison for the inter-company Finance Committee, SENH Lending Committee, and SENH directors
• Monitor and ensure entity tax filings and regulatory compliance for various entities

Requirements

• 5+ years of management experience in finance or accounting fields
• Fluency in GAAP and nonprofit accounting principles
• Former roles leading a team and managing direct reports
• Broad understanding of real estate financing and property management
• Understanding of enterprise-level cash management (>$10M annually)
• Working knowledge of Microsoft Word and Excel
• Bachelor’s degree from an accredited institution in a relevant field (preferred)
• Certified Public Accountant (preferred)
• Background working in a multi-company environment (preferred)
• Working knowledge of property management software (preferred)
• Experience with Financial Edge, Entrata, Mortgage Office, and Salesforce (preferred)

Skills

• Results driven
• Analytical and numerically-minded
• Genuinely interested in the business function of nonprofit organizations
• Strong communication, organization, and time-management skills
• Detail-oriented with a high level of accuracy
• Flexible, able to adapt to changing needs and shift priorities as required

Pay

Salary: $90,000–$100,000; Incentive compensation: $5,000

Schedule & location

Hybrid, Richmond, VA

Benefits

• Company-sponsored medical, dental, and vision
• 401(k) with available match
• Responsible unlimited paid time off and holidays
• Available dependent care flex spending account
• Long-term and short-term disability and group term life
• Enhanced employee assistance program
• Sponsored professional development opportunities
• Paid parental leave

About the organization

Sigma Phi Epsilon (SigEp) was founded on November 1, 1901 at the University of Richmond. It has grown to become one of the largest college fraternities in the country, with nearly 12,000 undergraduate members across almost 200 campuses and more than 350,000 lifetime brothers. SigEp leads change in the fraternity world through initiatives like the Balanced Man Program and substance-free housing.

The SigEp National Housing (SENH) staff supports housing initiatives and needs of the Fraternity, providing financing, property management, property insurance, and general consulting resources to SigEp Alumni and Volunteer Corporations (AVCs).

Our staff of over 50 talented, motivated, adaptable individuals services 350,000 lifetime members. Our culture is proudly described as a “startup” culture: deeply mission-motivated, adaptable to daily challenges, and focused on spreading impact each year.

Staff Core Values

• Put people first
• Lead with courage
• Focus on future
• Seek to improve
• Win as a team