Job Summary
Macdonald & Company is partnered with a developer and investor of multifamily and hospitality real estate to appoint a Chief Financial Officer (CFO) to their team in Charlotte.The CFO will ultimately be responsible for overseeing all financial aspects of a real estate company's operations. This individual plays a critical role in strategic decision-making, financial planning, and ensuring the financial health and growth of the organization. The CFO collaborates closely with other senior executives, investors, and stakeholders to drive financial performance and maximize profitability of the organization’s developments and assets under management.
RESPONSIBILITIES:
Financial Strategy and Management:
- Take direct or indirect charge of cash management, insurance, budgeting, and financial reporting, while overseeing the company’s financial strategy and staffing needs.
- Spearhead the development of annual operating, capital, and program budgets, alongside corresponding reporting mechanisms.
- Supervise the day-to-day accounting, recording, reporting, and internal-control functions of the organization.
Operational Excellence:
- Introduce and implement best practices and tools to foster a well-controlled, yet adaptable organization with robust fiscal management, streamlined project coordination, interdepartmental communication, and efficient workflows.
- Evaluate the planning process, recommending enhancements to current methodologies.
- Collaborate with leadership to streamline planning efforts and delineate priorities.
Strategic Analysis and Risk Management:
- Analyze long-term economic trends to forecast their influence on future growth.
- Explore revenue avenues and economic patterns, pinpointing opportunities for cost minimization and process optimization.
- Conduct risk management assessments by scrutinizing company liabilities and investments.
- Ensure compliance with national and local financial regulations by staying abreast of existing and emerging legislation and taking appropriate actions.
- Oversee the preparation of comprehensive financial statements encompassing income statements, balance sheets, tax returns, and governmental reports.
QUALIFICATIONS:
- A minimum of 5 years of experience in executive leadership capacities within the real estate sector, across a minimum 15-year accounting and finance career.
- Demonstrated prowess in leadership, underscored by unwavering resolve and personal integrity.
- Comprehensive understanding of advanced accounting principles, regulatory frameworks, and tax planning.
- Master’s degree (or equivalent experience) in accounting, business accounting, or finance.
- Professional certifications such as Certified Public Accountant (CPA).
