Job Description
CHIEF FINANCIAL OFFICER COMPANY BH Properties is a p ri v ately held c o m m e rcial r e al es t ate i n v e s t m e nt f irm f ocu s e d on value-add a cqui s itions in office, industrial, retail, and mult i - f am i ly prop e rties throughout t h e W es tern U nited Stat e s, along with investments in distressed debt, ground leases and affordable housing. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Phoenix, Dallas, and Houston. Our 31-year track-record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market. Today, the Company owns nearly 100 properties representing approximately 10M square feet across 18 states.
LOCATION Los Angeles, CA
R ESPONSIBILITIES T his role will be highly visible and integral to the financial management of the Company, working with and supporting other departments including Finance, Asset Management and Acquisitions.
DUTIES: - Manage cash flow projections ensuring availability of funds.
- Assist in managing Company relationships with banks, institutions and other financial partners along with assisting in identifying new lending sources.
- Participate with the Company’s in-house finance team on all financings being considered.
- Ensure timeliness and accuracy of financial reporting to banks and other financial partners.
- Ensure compliance with loan covenants.
- Prepare and participate in financial presentations to banks and other financial partners.
- Propose action plans to ensure that financial objectives are attained.
- Assist in managing the balance sheet and revenues / expenses of the Company.
- Explore new investment opportunities and provide recommendations on potential risks and returns.
- Work with the senior leadership team in the preparation of the long-term financial goals, annual plans, budgets and projections.
- Leverage on past and existing networks to provide insight and recommendations to manage both short-term and long-term goals of the Company.
- Assist in developing a capitalization strategy for new acquisitions and existing owned assets.
- Create strategic initiatives that generate additional opportunities for the company through external relationships, which may include speaking engagements, and participation in select industry organizations/entities.
- Assess financial risks and recommend strategies to mitigate those risks.
- Respond to financial related questions from lenders, and other stakeholders.
- Partner with other internal departments to ensure that communications and presentation materials are accurate.
- Ensure budget and forecast models are accurate.
- Execute special projects and ad hoc analyses as needed.
QUALIFICATIONS: - Undergraduate degree required in accounting or business-related field
- Both a CPA and graduate degree a plus
- 15 + years of experience in real estate accounting or related field.
- Likely candidate will have come through an accounting or finance background with an understanding of real estate debt markets & financing
- Familiar with the 1031 Exchange process
- Experience in Yardi software a plus
- Demonstrated ability to maintain confidentiality
- Strong organizational skills, including the ability to prioritize and multi-task
- Advanced knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
- Ability to communicate effectively and professionally within all levels of the organization and externally with lenders and other outside parties
- Ability to work independently and with minimum supervision
- Ability to work in a fast-paced entrepreneurial environment
- Must possess a strong work ethic
- Must be a team player
- Travel required (10%)
COMPENSATION $225,000-$300,000
We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group. For consideration, please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.
Job Tags
Full time, Temporary work, Work at office,