Director of Finance & Operations

Job Description

Job Description

Director of Finance & Operations

Location: Ankeny, Iowa Employment Type: Full-Time Reports To: Ownership

Position Summary

The Director of Finance & Operations will oversee the financial, accounting, reporting, compliance, and administrative functions of a growing commercial real estate investment, brokerage, development, and property management platform. This individual will serve as the primary internal financial leader responsible for maintaining accurate financial records, managing cash flow, coordinating investor reporting, and supporting ownership with timely financial information and operational oversight.

This role requires a highly organized and detail-oriented professional who can operate independently, manage multiple entities, and work directly with ownership, investors, lenders, tenants, vendors, and outside accounting professionals.

Key Responsibilities

Accounting & Financial Reporting

• Oversee day-to-day accounting operations for multiple affiliated entities.
• Manage accounts payable and accounts receivable processes.
• Coordinate payroll processing and payroll reporting.
• Prepare monthly financial statements and management reports.
• Maintain general ledgers and supporting schedules.
• Reconcile bank accounts, credit cards, and balance sheet accounts.
• Coordinate month-end and year-end closing procedures.
• Work directly with outside CPA firms regarding tax preparation and financial reporting.

Cash Management & Banking

• Monitor cash balances across all entities.
• Prepare weekly and monthly cash flow reports.
• Coordinate banking relationships and treasury management functions.
• Manage loan reporting requirements and lender compliance requests.
• Assist ownership with debt administration and refinancing documentation.

Investor Reporting & Distributions

• Prepare investor reports and financial summaries.
• Calculate and coordinate investor distributions.
• Maintain investor capital account records.
• Assist with partnership and ownership reporting requirements.

Property & Real Estate Accounting

• Oversee accounting for commercial real estate assets.
• Monitor tenant receivables and lease-related financial obligations.
• Prepare and administer CAM reconciliations.
• Assist with budgeting and financial analysis of property operations.
• Coordinate with property management personnel to ensure accurate financial reporting.

Compliance & Administration

• Manage entity compliance and annual filings.
• Coordinate insurance renewals and related reporting requirements.
• Maintain corporate records and organizational documents.
• Support ownership with special projects and financial analysis.
• Ensure internal financial controls and procedures are maintained.

Brokerage & Operational Support

• Track brokerage commissions and transaction-related payments.
• Maintain commission reporting and payment schedules.
• Support operational improvements and process efficiencies across affiliated companies.
• Assist with implementation and management of accounting and reporting systems.

Qualifications

Required

• Bachelor's degree in Accounting, Finance, Business, or related field.
• Minimum 5 years of accounting, finance, or operational management experience.
• Strong understanding of financial statements and accounting principles.
• Experience managing multiple entities and bank accounts.
• Advanced proficiency in Microsoft Excel and accounting software.
• Exceptional organizational and communication skills.

Preferred

• Commercial real estate, property management, or development accounting experience.
• Experience with partnership accounting and investor reporting.
• Familiarity with CAM reconciliations and commercial leases.
• Experience coordinating with lenders, investors, and outside CPA firms.
• CPA designation or CPA-track candidate preferred but not required.

Compensation

• Competitive base salary ($95,000 - $125,000 based on experience)
• Performance-based bonus opportunity
• Paid time off and holidays
• Professional development opportunities
• Opportunity for long-term growth within an expanding real estate organization

About the Company

The company owns, operates, develops, and manages commercial real estate throughout Iowa and the Midwest through multiple affiliated entities. The platform includes commercial real estate investments, property management, brokerage services, development projects, and private investment partnerships. The successful candidate will play a key role in supporting continued growth while helping ownership maintain strong financial controls and reporting systems.