Director of Accounting

Description

POSITION: Director of Accounting

FLSA: Exempt

Reports to: President and Chief Financial Officer

POSITION SUMMARY:

We are hiring a Director of Accounting to join our executive team. This role will lead our team’s financial reporting efforts, including innovation and process improvement. Selected candidate will be a dynamic leader with strong leadership skills, and a proven ability to create and execute effective and efficient processes that drive consistent results. Reporting directly to the Chief Financial Officer (CFO) and President. The Director of Accounting is a strategic member of the company’s executive leadership team. Responsibilities include managing and reporting on all the organization's financial affairs.  

RESPONSIBILITIES:

• Identify and implement process improvements to enhance efficiency and accuracy in financial reporting and accounting operations.
• Oversee and maintain account and financial management systems that support the company’s reporting needs and requirements.
• Manages the preparation and analysis of financial statements, including income statements, balance sheets, and cash flow statements, for multiple entities within the family office portfolio.
• Oversee the maintenance and reconciliation of general ledger accounts, ensuring accuracy and completeness of financial data.
• Collaborate with external tax professionals to facilitate the timely preparation and filing of tax returns for trusts, partnerships, and corporations associated with our ownership.
• Perform financial analysis and variance analysis to identify trends, anomalies, and opportunities for improvement in financial performance.
• Monitor cash flow for family office ownership, ensuring sufficient liquidity for ongoing expenses, investments, and wealth preservation strategies.
• Assist in the preparation of annual budgets and financial forecasts, providing insights and recommendations to optimize financial planning.
• Coordinate and assist with financial audits and reviews, liaising with external auditors to ensure compliance and transparency.
• Collaborate with the CFO and tax professionals to develop and implement tax-efficient strategies that align with ownership's long-term financial goals.
• Maintain regular communication with senior management and ownership to provide financial updates and address any financial or accounting-related inquiries.
• Offer financial and accounting advisory services to ownership, identifying opportunities for wealth preservation and enhancement.
• Ensure adherence to all relevant accounting standards, GAAP regulations, and best practices in financial reporting.

Requirements

QUALIFICATIONS:

• 8+ years of experience related to relevant areas of expertise.
• 5+ years’ experience leading a team.
• Confident communicator with the level of maturity and presence necessary to influence senior executives and business leaders.
• Thrives on driving innovation and change that will propel the business forward.
• Consistently practices strategic thinking and nimble problem-solving tactics to stay ahead of business priorities.
• Must be technically proficient in all aspects of real estate accounting and financial statement presentations.  
• Must also demonstrate managerial proficiency in the operations of a real estate property management company.
• BA or BS in Finance or Accounting required. An MBA and or CPA is preferred.
• Knowledge and experience with all aspects of real estate accounting and finance, including work with market-rate multi-family, affordable multi-family, and office properties. 
• Experience with LIHTC and Assisted Living Facilities is an added plus.
• Ability to meet deadlines when faced with frequently changing priorities.
• Ability to work under pressure, plan personal workload effectively, and delegate.
• Demonstrated ability to prepare clear, accurate, well-organized written and financial reports and to communicate verbally in an effective and concise manner.
• Experience dealing directly with property owners, investors, lenders, and mortgage servicers.
• Senior executive supervisory experience required.

PHYSICAL DEMANDS

• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. 
• Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. 
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. 
• While performing the duties of this job, the employee is regularly required to talk, hear, read documents, and work on desktop or laptop computers. 
• The employee is frequently required to stand, walk, and sit. The employee is occasionally required to use their hands to touch.

WORKING CONDITIONS AND ENVIRONMENT

• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.