Chief Financial Officer

Our client is a commercial real estate owner/operator with a focus on affordable and mixed-income housing throughout the DMV region. They are currently seeking a CFO to join their executive team.

RESPONSIBILITIES :

• Plan, develop, organize, implement, direct and evaluate the agency’s fiscal function and performance.
• Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action.
• Develop credibility for the Finance Division by providing timely and accurate analysis of budgets, financial reports and financial trends in order to assist the President, and other senior executives in performing their responsibilities.
• Enhance and/or develop, implement and enforce policies and procedures of the agency by way of systems that will improve the overall operation and effectiveness of the agency.
• Ensure that effective internal controls are in place, compliance with GAAP and applicable federal, state and local regulatory laws, and rules for financial and tax reporting.
• Ensure record keeping meets the requirements of auditors and government agencies.
• Maintain relationships with external auditors and investigate their findings and recommendations.
• Provide technical financial advice and knowledge to others within the financial discipline.
• Provide continual improvement of the budgeting process through education of department managers on financial issues impacting department budgets.
• Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
• Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
• Maintain and where possible, enhance banking relationships
• Be an advisor from the financial perspective on any contracts into which the agency may enter.
• Evaluate the Finance Division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as provide individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals.

QUALIFICATIONS :

Experience: 15+ years of experience in Finance or Accounting and at least 5 years in Financial Management.

Education: Graduation from an accredited college or university with a Bachelor's Degree in Finance, Accounting or related field. Master's Degree preferred.

Knowledge, Skills and Abilities:

• Considerable knowledge of generally accepted accounting principles, fund accounting, HUD accounting, profit accounting.
• Considerable knowledge of, or ability to acquire knowledge of housing programs.
• Considerable knowledge of bond programs and financial instruments of the money market.
• Knowledge of the principles of budget and long-range financial planning.
• Knowledge of real estate sales and financing transactions.
• Ability to tactfully deal with people in stressful situations.
• Ability to communicate effectively verbally and in writing.
• CPA is a plus.
• Experience with Yardi strongly preferred.