Senior Vice President of Finance ( Construction )
hace 2 días
Yonkers
Job Summary: The Senior Vice President of Finance will lead the financial operations of our growing construction and development organization. This individual will play a key leadership role in driving financial performance, managing risks, and ensuring the financial health of the company. The role is ideal for a CPA with strong affordable housing development and construction accounting experience, who can ensure accuracy, compliance, and efficiency across multiple entities and projects. Responsibilities/Duties: 1. Accounting Leadership & Oversight • Lead, inspire, and develop a team of finance and accounting professionals, ensuring alignment with organizational goals while fostering a culture of collaboration, integrity, and continuous improvement., • Ensure accurate and timely monthly, quarterly, and annual closes across all entities, including parent organization, development partnerships, and construction subsidiaries., • Oversee cash management, accounts payable/receivable, and payroll., • Evaluate and improve financial processes, systems, and internal controls., • Lead the annual budgeting process and rolling forecasts., • Monitor performance against budgets and identify areas for improvement., • Prepare and communicate financial statements to stakeholders., • Provide timely and accurate financial statements, job costing reports, and cash flow projections., • Manage cash flow, financing, and working capital needs., • Oversee relationships with banks, lenders, and financial partners., • Lead accurate job cost accounting and reporting., • Implement policies and procedures to safeguard company assets. 2. Compliance and Reporting • Ensure compliance with GAAP and regulatory requirements, including HUD, LIHTC, tax-exempt bonds, and state/local housing programs., • Oversee annual audits, cost certifications, and tax filings for corporate entities and project partnerships., • Ensure compliance with tax laws, insurance requirements, and industry regulations., • Oversee audits and manage relationships with external auditors and consultants. 3. Operations and Strategy • Work closely with the Controller and accounting staff to ensure alignment and accuracy in financial operations., • Partner with executive leadership to develop and execute long-term financial strategy., • Provide data-driven insights and recommendations to support business growth and profitability., • Work with the development team to create and track project budgets from inception to execution., • Work closely with project managers and operations to track project budgets, costs, and profitability., • Identify trends and provide proactive financial insights on underperforming projects. Qualifications: • Bachelor’s degree in accounting or finance., • CPA required., • 10+ years of progressive financial leadership experience, with at least 5 years in construction or real estate development., • Proven supervisory experience leading teams of 5 or more individuals., • Strong background in affordable housing accounting (LIHTC, HUD, tax credit partnerships) and construction accounting., • Proven experience working across multi-entity structures (LLCs, LPs, nonprofit affiliates)., • Solid experience with both general contractor (GC) financial processes and real estate development finance workflows., • Extensive experience leading and managing accounting functions for housing development projects, including oversight of financial operations from predevelopment through completion and stabilization., • Deep understanding of development accounting, budgeting, and reporting., • Experience with construction ERP systems (e.g. Premier, Procore, etc.) Relevant Skills/Abilities: • Compliance-oriented – ensures accuracy and adherence to HUD, LIHTC, and audit requirements, • Strong written, verbal, presentation, and communication skills to convey complex financial information clearly to stakeholders, including investors, and employees., • Skilled in identifying, analyzing, and solving financial problems for maintaining the company’s financial health., • Strategic thinker with hands-on operational experience, • Ability to build and maintain strong relationships with various stakeholders and to collaborate effectively., • Strong leadership skills to guide and lead the finance team in supporting the overall organization., • Make sound, high-stakes decisions that align with company goals while managing risks effectively, using strong analytical, problem-solving, and decision-making skills., • Prioritize tasks and managing multiple responsibilities to meet deadlines without compromising quality., • Proven ability to work cross-functionally in a fast-paced, project-driven environment. Working Conditions: The Senior Vice President of Finance will be based in the corporate headquarters in Yonkers,