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Vice President of Finance - Beverly Hills, United States - CRE Recruiting, Inc
![CRE Recruiting, Inc](https://contents.bebee.com/public/img/noimg-businessx400.jpg)
2 weeks ago
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Description
Job DescriptionOur client, a growing real estate owner/investor/developer with $500M+ AUM, seeks a detail-oriented, experienced, and proactive Vice President of Finance & Accounting to establish a best-in-class, institutional grade back-office with systems, processes, and platforms to help scale their expanding portfolio.
The ideal candidate has 10+ years of experience in auditing for Big 4 accounting firms supporting real estate clients, or experience working in a similar real estate private equity or family office environment.
The VP of Finance & Accounting has three main areas of responsibility: accounting, compliance, and reporting.
Initially, the role will focus on the implementation of real estate accounting best practices and technologies to level up the finance & accounting function.
This is a newly created role, as the firm is choosing to bring this function in-house after receiving support from a subsidiary company.
The position is located in the firm's Beverly Hills office, which is highly productive & collaborative, and back to working in-house full-time.
A day in the life of the successful VP of Finance & Accounting includes, but is not limited to:Preparing joint-venture level financial statements and property-level financial statements as well as consolidated statements for investors
Reviewing financial statements prepared by 3rd parties
Preparing cash flow projections, budgets, draw schedules, capital calls, and distributions
Coordinating variance analysis and document differences between actual and budget
Additional Responsibilities include:
Debt Compliance
Property-level debt and equity tracking
Capital account tracking and reconciliation
Corporate and property-level financial analysis
Budgeting/forecasting
Ownership of K1 process along with their preferred vendor
Requirements
The ideal Vice President of Finance & Accounting possesses the following characteristics or experiences:
10+ years of accounting experience focused on the real estate industry, fund and/or property accounting experience, big 4 background
CPA preferred, but not required
Bachelor's degree in accounting, Finance, or related
Proficient in Microsoft Excel
Ability to multi-task and collaborate across departments