Director/VP of Finance (Real Estate)
Company: Michael Page US
Location: Atlanta
Posted on: May 29, 2023
Job Description:
Atlanta Permanent USD120,000 - USD160,000 per year
- Lead Finance team at a world class real estate firmAbout Our
ClientCurrently on their 2nd Fund our client is a privately held
Atlanta- based real estate investment firm who work with an
extremely select group of investors where they invest in both
equity and debt structures. The firm maintains a flat
infrastructure that allows for immense autonomy and responsibility
for someone at this stage of their career! You will also have
access to senior executives who have many years of success in the
real estate industry.Job DescriptionOur client is seeking a
strategic, operational, growth-minded, and process-oriented
Director / VP Finance. Reporting to the Managing Partner of the
firm the Director / VP Finance will be a key member of leadership
team with full responsibility for all finance and accounting
operations. The Director / VP Finance will implement structure
around existing and new accounting processes, while not being
afraid to challenge the status quo.
Primary Responsibilities include but are not limited to:
- Oversee and manage company's accounting practices, Fund
management and the preparation of financial reports for
stakeholders.
- Assist in the firm's Fund reporting and compliance. Calculate
net asset value, yields, and investor distributions
- Maintenance of books and records, recording of transactions and
accruals, and oversee all aspects of accounting, including
treasury, financial reporting, and balance sheet management.
- Work directly with the Director of Asset Management to manage
the cash position of the Fund and other joint ventures by
projecting future capital needs, capital calls from investors,
distributions to investors, credit facility draws and paydowns, and
all other cash movements.
- Review monthly and quarterly account reconciliations and other
documents to ensure records adhere to company policies and
GAAP
- Help coordinate internal and external audits
- Oversee lender reporting and compliance, oversee team tracking
and adherence to reporting deadlines
- Assist with enterprise level lines of credit and ongoing credit
requirements required for growth and capitalization
- Drive continuous improvement with financial reporting accuracy
through ongoing reconciliation and variance analysis reporting.
Drive automation and identify new efficiencies to support portfolio
growth.
- Lead and execute ad-hoc projects and analyses as directed by
senior leadership
MPI does not discriminate on the basis of race, color, religion,
sex, sexual orientation, gender identity or expression, national
origin, age, disability, veteran status, marital status, or based
on an individual's status in any group or class protected by
applicable federal, state or local law. MPI encourages applications
from minorities, women, the disabled, protected veterans and all
other qualified applicants.The Successful ApplicantBachelor's
degree in Finance, Accounting or related fields with 5+ years of
relevant real estate finance experience. CPA preferred. The ideal
candidate will have a majority of their experience spent in the
multifamily housing sector. Other sectors in commercial real estate
will be considered. Other key qualities:
- Strong understanding of real estate investment ventures and the
real estate development process
- Requires knowledge of Generally Accepted Accounting Principles
(GAAP) and Financial Accounting Standards Board (FASB) regulations
including proven knowledge of financial terms and principles to
include accounting methods (cash, accrual, and full GAAP).
- Experience in real estate partnership investments and fund
accounting experience preferred
- Excellent working knowledge of MS Office, including Outlook,
Word, Excel and PowerPoint. Exposure to Yardi a plus.What's on
OfferStrong basic salary plus bonus potential. Opportunity to have
a high visibility position and make an immediate impact to a
growing team!We will let you know when any new accounting jobs in
atlanta are available.
Keywords: Michael Page US, Atlanta , Director/VP of Finance (Real Estate), Executive , Atlanta, Georgia
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