Manager, Finance

New Home Co. is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas in Arizona, California, Colorado, Oregon, Texas, and Washington. NEW HOME was named 2019 Builder of the Year by Professional Builder and is a multi-year recipient of "The Eliant" for Best Overall Customer Experience in the multi-divisional builder segment.

At New Home Co., we believe that PEOPLE matter. The strength of our homes is built upon a foundation of focused, energized, visionary and dedicated team members. Our goal is to provide a workplace that supports you in doing the best work of your life. 

Check out NWHM's 2023 Corporate Sustainability Report 

Position Job Title: Finance Manager, Corporate FP&A

FLSA Status: Exempt

Job Location: Irvine

Position Summary

This pivotal role within the Financial Planning & Analysis team will play a key part in shaping the company’s financial strategy and performance by assisting with the company-wide business plan and forecasting process and through administration of FP&A modeling software Workday Adaptive Planning. Additionally, the role will be heavily involved in financial analysis, internal reporting for management and private equity sponsor, and operational analysis supporting executive decision-making. The position reports to the VP, Finance.

Essential Duties and Responsibilities include the following, however other duties may be assigned:

• Business Plan/Forecasting
  1. Play a key role in the corporate business forecast and planning process by assisting in the review of division submitted forecasts including supporting detail schedules, income statement, balance sheet and cash flow, and performing related sensitivity analysis.
  2. Oversee preparation of consolidation-related reports and materials for senior executives and management
  3. Perform data analysis and review financial models to identify trends and improve forecast accuracy.
  4. Become an expert user with the forecast software, Workday Adaptive Planning and help administer, support and train other users. Position will also identify holes, inconsistencies and areas of improvement in modeling methodology as well as implementing new accounts and structures to provide better data visibility and allow for easier scalability as Company grows.
  5. Directly coordinate with division finance leads on forecast software, modeling methodology, and assist with training new hires and new processes. 
  6. Perform ad-hoc financial analysis and create reports as needed.
  7. Assist Divisional Finance and Corporate Accounting as needed. 

• Operations
  1. Gain an in-depth understanding of homebuilding project-level budgets, operational metrics and cash flow timing. Perform analysis of historical results to implement into go forward forecast/modeling assumptions.
  2. Build an understanding of the company accounting system and data warehousing structure, as well as how systems and data interact with company financial models.
  3. Lead efforts to standardize forecasting and operational processes across all divisions, ensuring consistency and best practices. Train teams and oversee the implementation of newly developed financial tools and systems to enhance operational efficiency and accuracy.
  4. Provide support for data integrity within internal reporting.
  5. Support the greater finance and accounting teams in working to improve processes, improve cross-departmental communications, and build efficiencies within the organization.
  6. Assist with Power BI utilization by developing and maintaining dashboards, ensuring data accuracy, and troubleshooting issues as they arise. Collaborate with teams to optimize reporting and deliver actionable insights through effective data visualization.

• Private Equity Reporting 
  1. Oversee preparation and/or review of weekly, monthly, and quarterly reports and materials for private equity sponsors, including presentations and financial analysis.

• Cash Planning
  1. Monitor cash flow requirements for future project acquisitions and scheduled land takedowns, providing timely insights and recommendations to support strategic decision-making.

• General Duties & Responsibilities 
  1. Continually seek to improve reports and processes.
  2. Assist with other special projects, reports and analyses as directed by management.
  3. Model New Home Co’s vision, values and working principles.

Managerial Responsibility: This position does not supervise other employees. 

Position Qualifications (Education, Skills, Experience):  

• Bachelor’s degree in accounting, finance, business or equivalent experience.
• CPA preferred
• 2 – 3 years of public accounting preferred (Big 4 preferred)
• 5 – 9 years of total experience in accounting and/or financial analysis
• Prior construction, homebuilding, or real estate experience a plus
• Advanced Excel skills required.
• Prior financial modeling and complex formulas experience required. Familiarity with Workday Adaptive Planning a plus.
• PowerPoint and data graphing skills preferred.
• Excellent analytical skills and problem-solving abilities with great attention to details.
• Understanding of accounting basics and financial statements.
• Strong communication and presentation skills, including the ability to simplify complex financial information. Ability to make sound decisions and prioritize tasks effectively in a fast-paced environment. Pleasant, professional demeanor. 
• Ability to perform the essential functions of the job.

Base Salary: The expected base salary range for this position is between $115,000 to $135,000 per year, depending on experience and skillset. Base Salary is paid bi-weekly, every other Friday. Additionally, this position is eligible for an annual bonus based on divisional and individual performance.
Benefits: In addition to competitive medical, dental and vision coverage, The New Home Company provides comprehensive benefits to eligible team members and their dependents, generous paid time off policies, like vacation, holidays, sick leave, jury duty, and bereavement; paid disability, parental and military leave; company-sponsored and voluntary term life, AD&D, and short- and long-term disability insurances; a 401(k) retirement plan with bi-weekly employer matching of 50% up to the first 8% of team member contributions; as well as a wellness incentive program.

The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Similarly, the work environment characteristics described 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 the essential functions.

Physical Requirements

Requires the ability to see, hear, type and talk in addition to sitting 100% of the time. The primary work location is a corporate office with low to moderate noise levels. 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required. New Home Co. retains the discretion to add or change job duties at any time. 

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