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    Vice President of Finance - Beverly Hills, United States - CRE Recruiting, Inc

    CRE Recruiting, Inc
    CRE Recruiting, Inc Beverly Hills, United States

    2 weeks ago

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    Description
    Job Description

    Our 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.

    They're a subject matter expert with full ownership of finance and accounting, reporting directly to firm leadership.

    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


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