Our client is seeking a Chief Financial Officer in Florida (Remote possibilities) The Chief Financial Officer is a highly-valued member of the Executive Team. In this global leadership role, the primary focus is to maximize the financial performance of the Company’s assets, while being responsible for the day-to-day operations of the accounting department and adhering to Company, local, state, and federal regulations at all times.
In this role, the Chief Financial Officer will be accountable for the Real Estate Company’s annual financial plans and cash flow management, payroll processing, annual tax filing, and the mentorship of the corporate Controller.
Leadership: Ensure the corporate Controller and the accounting department have the resources and direction needed to execute at the highest level possible. Deliberate with the Controller weekly to discuss management strategy, review department productivity, and mentor on leadership abilities. When available, and preferably at least monthly, attend the weekly accounting team meeting to go over Company financial recap, address concerns, communicate corporate messages, and celebrate successes.
In partnership with the Controller, evaluate the effectiveness of each accounting department team member, assist in the design of employee recognition programs and Team Member development plans. Stay abreast of the hiring efforts in the accounting department. Attend, and preferably speak at, industry conferences to enhance leadership and company presence.
Annual Financial Plans and Cash Flow Management : Partner with the Controller to lead the process of the Company’s annual financial plans by ensuring software is up-to-date and data provided is accurate and current. Work with the Vice President of Operations to create property specific forecasts for debt service, property taxes, insurance, payroll taxes, and other items needed for annual financial plans; create retail forecasts to include CAM for mixed use properties. Generate and implement a reporting strategy that presents current finances and forecasts financial standing, while providing detailed opportunities to save or generate money.
Ensure Certificates of Insurance for current vendors are up-to-date and that accurate record keeping is being facilitated. Create efficient auditing practices and review monthly and quarterly accounting reports with fellow members of the Executive Team and owners. Partner with the Controller in the management of the cash flow for the Company and personally facilitate cash/wire transfers for owner distributions, mortgages, insurance and taxes by scheduled deadlines. Review monthly accruals to ensure that cash forecasts are accurate, communicate any critical findings to senior leadership and owners.
Payroll Processing: Oversee the Controller’s administration of the Company payroll practices, ensuring all employees are being paid on time and payroll monies are accurate. Ensure the annual W-2 forms distribution to employees is taking place in a timely and efficient manner, consistent with federal, state, and local guidelines. Assist the Controller in being the liaison to the payroll software company and communicate any challenges with said technology. Direct the 401k Plan administration for the Company, ensuring funds are being distributed timely and work with financial management partners to achieve the best plan and return for employees.
Network amongst financial management firms to ensure the Company is getting the best return on investment for its Team Members, make recommendations to fellow members of the Executive Team, based on findings.
Annual Tax Filing: Lead the annual local, state, and federal tax reporting functions for the Company. Mandate that accurate records of all Company assets are being kept by creating and implementing auditing practices to ensure data is current and up-to-date, to include newly acquired acquisitions and assets that have been refinanced, sold or under new partnerships. Review the preparation of 1099 tax forms accordingly, the filing of business license applications, and stay abreast of the local, state, and federal real estate tax guidelines.
Facilitate the preparation of local, state, and federal tax returns and be the liaison to Owner’s representatives during the process. Create and distribute tax reports to fellow members of the Executive Team and owners, ensure accuracy in data being reported and request additional funds as necessary. Act as the liaison to external auditing entities, keep members of the Executive Team and owners abreast of the process. When applicable, act as the point of contact for insurance claims, legal representatives, government agencies, financial institutions, and external auditors.
MUST HAVE – ABS Experience, CPA License
Preference requirements ~ Real Estate Accounting background