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.

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