Director of Finance (Real Estate)

Stable, active and growing real estate developer focusing on the Western US is looking to add a Director of Finance to their expanding team.

Responsibilities:

• Responsible for the preparation and review of all division financial projections and budgets.
• Collaborate with Division leaders to assemble project timelines, budgets, cash flows and other data necessary to update project level business plans.
• Review business plan and provide to Division President for review, comment, and approval.
• Summarize divisional financial performance and budgets to meet with and provide an update to corporate executives on a regular basis.
• Provide additional support by analyzing key variances from prior forecasts and providing ad hoc reporting requests.
• Act as a key leader in ensuring the division delivers reliable and predictable operational performance.
• Responsible for analyzing all revenues, costs, profits and financial ratios -- both actual and projected. This includes, but is not limited to, presenting explanations of circumstances that impact these issues to the appropriate managers, offering potential solutions, and raising tactical and strategic questions.
• Provide other analyses that will promote effective decision-making and/or lead to procedural or financial improvement.
• Hold monthly budget meetings to review project timelines, budget, and cash flow assumptions. Provide analytical support and propose revisions to budgets and cash flow forecasts.
• Work closely with Purchasing and Construction to budget for site improvements, direct and indirect construction costs.
• Work closely with Marketing Managers to budgets for models, selling costs & marketing costs.
• Work closely with the Director of Sales to forecast sales, closings and revenues.
• Provide assistance for home pricing analyses and approvals.
• Work closely with Division President to budget G&A for the division
• Oversee division compliance with internal controls.
• Assist in underwriting process by providing financial analysis support and sensitivities within underwriting model.
• Upon approval of projects, coordinate with Land Acquisition department and assume responsibility for project budgets and assumptions.
• Coordinate with Accounting regarding matters related to entity formation and system setup.
• Track relevant land acquisition dates and assist in closing purchase transactions.
• Monitor all new projects and anticipate pending financing requirements.

Qualifications

• Bachelor’s degree in accounting or finance
• CPA preferred
• 7-10 years of experience in accounting and/or financial analysis
• Prior construction, homebuilding, or real estate experience a plus
• Public accounting experience a plus
• Advanced Excel skills, financial modeling and complex formulas capabilities required.
• Experience with Workday Adaptive Planning or other cloud-based financial planning software is a plus.