Chief Financial Officer - Bellevue, United States - American Capital Group

Description

Job Description

Chief Financial Officer | Bellevue, Washington

About American Capital Group

Founded in Bellevue, Washington in 1986, American Capital Group stands proud as a family-owned leader in real estate development. With over three decades of dedicated service, our expertise shines in the realm of multifamily community development. To date, we have crafted over 80 multifamily properties across twelve states, managing 20+ of these properties in four Western states.

Our success stems from our comprehensive approach. We handle every aspect of real estate development in-house, encompassing Engineering and Design, Acquisitions, Development, Construction Management, Property Management, and Asset Management. This integrated strategy has solidified our position as an industry trailblazer.

For a deeper insight into our journey and achievements, we invite you to explore our website.

Position Overview

• Schedule – Monday – Friday 7am to 5pm - Flexibility to work additional hours may be required to meet company/project needs.
• On-Site Requirement: This position requires physical presence at our corporate office during office hours.
• Compensation Package–
  • $200,000 - $250,000 /year (base salary)
  • Bonus Incentives include:
  • Other compensation includes discretionary annual bonus and profit sharing on carried interest.
  • The above compensation is a range. Offers are made based upon a candidate's experience and the geographical location of this position.

What We Offer

• Competitive starting wages (listed above).
• A company-wide commitment to diversity and inclusion.
• A positive work environment where employee's contributions are valued.
• A fun culture with team building activities and events.
• Competitive medical, dental, and vision benefits. Employer pays 85% of employee's premium.
• 401k contribution opportunity with an annual company match.
• Paid sick leave accrual equivalent to 1.33 hours for every 30 hours worked (~11 days per year).
• Paid vacation starting at four weeks annually and increasing with tenure.
• 13 paid holidays, including 2 personal holidays of your choice.
• Comprehensive training programs and development opportunities.

What We're Looking For

• Bachelor's Degree or higher in Finance, Economics, Accounting or related field.
• Minimum of 5+ years of experience in a CFO position or higher level.
• Minimum of 10+ years of experience in Accounting/Finance.
• CPA/CMA is highly preferred.
• Property/multi-entity accounting experience is highly preferred.
• Construction/development accounting experience is highly preferred.
• Demonstrates exceptional attention to detail and organizational abilities.
• Proficient in effective communication and teamwork.
• Maintains a positive outlook and embraces a collaborative team approach.
• Shows responsibility and takes pride in their work.
• Fluent in English, with strong reading, speaking, and writing skills.
• Proficient in Microsoft Office applications, including Excel, Word, and Outlook.

Your Role

• Perform essential financial functions and oversight for multiple entities including our construction company, development company, financial company and all other entities associated with ACG.
• Oversee accounting division and manage all accountants and/or Controllers.
• Plan and forecast, alongside Owner and Executive Team, financial roadmap for ACG and financial goals.
• Direct in tax planning and preparation for all entities.
• Implement and maintain effective accounting systems and controls for monitoring accounting functions.
• Identify opportunities to reduce expenses and increase revenues for the company.
• Forecast, create and maintain budgets by using historical data and budget trend analysis.
• The CFO will play a vital role in strategic financial initiatives for the company.
• Ensure legal compliance and company policy compliance as it relates to taxes, finances, accounting principles, etc.
• Work alongside Executive Team to develop investment/construction opportunities and strategize for future growth.
• Assist in presenting profitability analyses to Executive Team and Owner for new investments and construction projects.
• Work alongside the Executive Team to forecast and develop 3, 5 and 10 year plans for ACG.
• Advise company President and CEO on financial issues and/or opportunities as they relate to business decisions.
• Identify opportunities to refinance on construction loans/properties and assist in the refinancing of properties and track loan maturity.
• Track and monitor annual cash flow and income from current portfolio.
• Develop, present, and monitor forward-looking, predictive model and activity-based financial analyses to provide insight into the organization's operations and business plans.
• Build financial business plans and forecasts to ensure corporate fiscal Represent the company to financial partners, including lending financial institutions, investors, auditors, and public officials.
• Refine financial tracking and reporting systems regarding affiliate and partnership needs including cash flow, capital accounts and equity with status reports.
• Oversee capital/equity funding installments and draw schedule.
• Develop and enforce internal financial controls.
• Oversee monthly, quarterly and yearly book.
• Manage relationship with corporate and partnership-level external CPAs; ensure annual audits, tax returns, and management reports are prepared and filed.
• Oversee the team responsible for all operational accounting functions such as accounts payable, equity administration and accounting, accounts receivable, payroll, while adhering to best practices and GAAP.
• Create multiyear cash flow projections and manage corporate cash flow to optimize use of company.
• Manage banking relationships, including lines of credit, maintaining communications with investors.
• Develop recapitalization analysis and oversee activities including project-level refinancing and re-syndications.
• Report on financial risk management, including reporting on key financial risk metrics such as contingent liabilities, guaranty exposures, and related portfolio level operational data

The responsibilities above are not all-inclusive.

Our Culture

At American Capital Group, we deeply value respect, collaboration, integrity, and transparency. These core principles guide our interactions and decisions, creating a work environment where every voice is heard and valued. We understand that our employees are the cornerstone of our success, and we foster a culture that encourages teamwork and open communication. Our commitment to integrity and transparency not only shapes the way we do business but also how we support and appreciate our dedicated team members. We believe that by nurturing these values, we create a stronger, more successful company where everyone has the opportunity to thrive.

Candidate Screening & Interview Process

All applicants who meet the qualifications for this position are encouraged to apply. Upon submission of your application, you may be invited to participate in a preliminary virtual interview with a member of our Human Resources team. Successful candidates will proceed to virtual and/or on-site interviews with the Hiring Manager(s).

Other requirements:

• Willingness to complete an online assessment test.
• Willingness to complete a 4-panel drug screening and background check upon hire.

WE ARE AN EQUAL OPPORTUNITY EMPLOYER & AFFIRMATIVE ACTION EMPLOYER

We are a proud Equal Opportunity Employer and are dedicated to fostering an inclusive workplace. We celebrate diversity and are committed to creating an environment where all employees are respected, treated fairly, and given equal opportunities to thrive. We encourage applicants of all races, colors, religions, genders, sexual orientations, gender identities or expressions, national origins, ages, disabilities, veteran status, and all other characteristics to apply. Our commitment to equality, respect, and inclusivity means we strive to reflect the communities we serve and welcome the unique contributions that come from diverse perspectives.