Job #1931: Chief Financial Officer - NY (4/16/2024)

We are seeking a highly experienced CFO with Private Equity Real Estate experience that can deliver exceptional returns for its owners and investors, while safeguarding downside.  The ideal candidate will have a minimum of 10 years' experience in commercial real estate finance with deep rooted attention to the needs of owners and investors, leading the finance & accounting team, strong fundraising capital market relationships as well as experience with investor relations are integral, all within the context of a GP/LP Promote and Waterfall Private Equity environment. Background in construction budgeting is a plus.

The successful candidate will have exceptional analytical skills, a keen ability to underwrite and negotiate acquisitions and development projects, as well as a proven ability to build, lead & grow the finance & accounting team under the umbrella of advanced Enterprise level technology such as Yardi Voyager.  Exceptionally strong relationships with the capital markets- both equity and debt,- are a plus. The CFO will ensure all financial reports are prepared accurately and on time.

• Oversee all financial operations of the company, including budgeting, forecasting, financial reporting, and cash management.
• Build World Class lasting infrastructure that can help generate secure and high level IRRs for investors.
• Manage construction budgets and spends for development projects and acquisitions.
• Work closely with senior management to underwrite acquisitions and development projects, providing detailed financial analysis and recommendations.
• Build and manage strong banking relationships to ensure adequate financing for development projects and acquisitions.
• Manage and grow the accounting team, providing leadership, guidance, and support to ensure accurate and timely financial reporting.
• Ensure compliance with all financial regulations, laws, and reporting requirements.
• Develop and implement financial policies and procedures to ensure effective financial management.
• Work closely with the CEO and other members of the senior management team to develop and implement the company's strategic plan.

• Identify and implement opportunities for cost savings and operational efficiencies.
• Build and maintain strong relationships with partners and investors, ensuring effective communication and timely reporting.
• Prepare and deliver presentations to investors on real estate transactions and market trends.

• Minimum of 10 years' experience in a similar role within commercial real estate finance
• Private Equity / REIT Fund Management a plus, not a requirement.
• Strong background in construction, with experience managing construction budgets and spending.
• Highly analytical with a strong ability to underwrite acquisitions and development projects.
• Proven track record of building and managing strong banking relationships.
• Proven track record within a GP/LP model reporting/managing and IRRs to investors.
• Experience managing and growing accounting teams.
• Strong knowledge of Yardi Voyager, or similar
• Capital Markets background (preferred)
• Bachelor's or Master’s degree in finance, Accounting, or related field
• Excellent written and verbal communication skills.
• Ability to work well under pressure and meet tight deadlines.
• Strong organizational and time-management skills
• High level of integrity and accountability

Accounting Team Management:

• Manage and grow the accounting team, providing leadership, guidance, and support to ensure accurate and timely financial reporting.
• Ensure that all financial reports are prepared accurately and on time and provide analysis and recommendations to senior management as needed.
• Monitor accounting processes and systems to identify areas for improvement and implement changes as necessary.

Strategic Planning:

• Work closely with the CEO and other members of the senior management team to develop and implement the company's strategic plan.
• Identify and implement opportunities for cost savings and operational efficiencies.
• Provide financial analysis and recommendations to senior management to support business decisions.

We are a real estate Private Equity Fund that specializes in acquiring opportunistic value-add assets and distressed commercial real estate debt across the United States. Our hands-on team delivers impressive returns to our investors through meticulous underwriting, prudent risk management, and a proactive approach to asset management.

Our  asset class focus includes, Single and Multi-Tenant Industrial Portfolios, Multifamily Development & Purchase of Commercial Non-Performing Notes.