Company Overview:
Our client is an established, national commercial real estate investment manager and SEC registered investment advisor, who manages vehicles that invest in, develop, own, and operate properties throughout the United States. The firm’s primary objective is to maximize the financial return of managed vehicles and their investors. Their property types include office, multifamily, industrial, retail, healthcare, hotel, and senior living.

Position Overview:
The Director, Finance will be responsible for helping to oversee the firm’s Finance and Fund Accounting teams. This individual will report directly to the Chief Financial Officer. This position will provide accounting and reporting oversight for corporate entities, private equity investments, direct real estate investments, as well as support for the general accounting and reporting functions related to the firm’s real estate investment funds. The ideal candidate must have a strong technical fund, property and corporate accounting/finance background. They must be eager and confident with new and complex matters, be attentive to details and deadlines, have outstanding internal and external communication skills, be able to juggle varied tasks within a team environment.

Duties and Responsibilities:
• Provide oversight to the Chief Financial Officer on various tasks.
• Oversee the accounting, investor reporting and tax filings for corporate entities, real estate investment funds, direct real estate investments, and private equity investments.
• Prepare annual corporate budgets and oversee quarterly lender reporting.
• Manage corporate cash, invoice approvals, receivable collections and owner distributions.
• Oversee payroll funding, 401k and worker compensation audits.
• Manage personal tax estimates and planning for owner.
• Assist with monitoring treasury activities and ensure compliance with policies, procedures and internal controls.
• Provide oversight with corporate and investment fund audits.
• Analyze and review quarterly financial statements for investment funds.
• Assist with capital planning for investment funds.
• Assist with structuring acquisitions, dispositions and joint venture agreements.
• Understand and integrate acquisition underwriting and periodic valuations for roll up into portfolio, capital planning and strategy models.
• Active interface with asset management team, including periodic valuations.
• Review loan agreements and monitor debt covenant compliance.
• Primary contact with subscription lender, including funding request notices, repayment timing, budgeting for periodic draws and serving as conduit between management and lender with respect to negotiating terms for loans and amendments thereto.
• Facilitate/oversee all treasury management responsibilities including input of electronic transfers, monitoring cash, administration of entitlements within banking portal, and review of monthly bank reconciliations.
• Identify and implement process improvements to enhance internal controls and efficiencies in financial reporting.
• Research industry and accounting guidance and its applicability to real estate funds and the accounting and reporting process.
• Assist with assessing team composition and project future staffing needs.
• Mentor staff and assist with their development.
• Assist with structuring and developing new real estate products.
• Prepare special reports and projects, collect, analyze and summarize information and trends.
• Coordinate annual audits (including valuations) and tax returns.
• Oversee preparation of annual and multi-year budgets and reforecasts as well as short-term cash flow projections and analyses.
• Establish, maintain, and/or enhance robust internal controls to mitigate risk of fraud or improper reporting.

Qualifications:
• Bachelor’s degree in Accounting/Finance required.
• 10+ years of relevant accounting experience within the real estate industry.
• CPA designation preferred.
• Open-end fund reporting experience preferred.
• General understanding of tax reporting and compliance for private REIT’s, real estate partnerships and S corps.
• Must be a team player, strong communicator and demonstrate a high degree of professionalism.
• Superb organizational skills.
• Exceptional analytical and problem-solving skills required.
• Self-starter with ability to manage multiple tasks simultaneously, tenacity toward meeting deadlines.
• Team orientation – comfortable working on small team and “wearing many hats” to support the organization.