Chief Financial Officer (Multifamily)

Bisnow

  • Virginia Beach, VA
  • Permanent
  • Full-time
  • 1 month ago
Our SelectLeaders client, is a nationally recognized firm specializing in multifamily management, commercial real estate, and investment. They specialize in third-party multifamily management across all asset types, including value-add renovations, new development consulting and lease-ups. Commercial real estate services, including brokerage, leasing, and property managementInvestment syndication for both multifamily and commercial real estate venturesThe Chief Financial Officer (CFO) is the senior executive responsible for the overall management of all financial functions for the organization, its affiliates and managed properties. Reporting to the President, the CFO provides strategic direction, ensures robust financial controls, optimizes capital deployment, and partners with operational leaders to deliver exceptional value to clients, residents and team members.Key Responsibilities:
  • Direct financial planning, capital allocation and liquidity management to support company growth and mission objectives.
  • Manage and invest corporate and client cash; oversee banking relationships and debt compliance.
  • Partner with the other leaders on M&A, new acquisitions, financing structures and closings.
  • Oversee the Accounting department in coordination with the Director of Accounting, ensuring accurate and timely financial reporting for managed properties.
  • Directly oversee preparation of financial statements and present findings to Board of Directors and other key stakeholders.
  • Maintain a rigorous system of internal controls. Enhance financial systems and workflows to improve efficiency, scalability and data integrity.
  • Coordinate external audits, tax planning and filings across corporate, partnership and property entities, and lead the internal audit team.
  • Monitor changes in accounting standards, tax legislation and regulatory requirements; adapt policies accordingly.
  • Communicate organizational goals and objectives, aligning departmental responsibilities and resources.
  • Conduct performance evaluations and provide mentorship to direct reports; build succession pipelines.
  • Foster a culture of accountability, innovation and service consistent with company values.
  • Overall responsibility for risk management strategy, including insurance procurement, risk assessment and mitigation planning.
  • Serve as liaison with legal counsel on contracts, significant disputes and insurance claims.
  • Drive adoption of analytical tools, dashboards and automation within finance and across the enterprise.
Core Competencies (Key Leadership Capabilities):
  • Leadership - Sets strategic and tactical goals; builds high-performing, motivated teams.
  • Financial Management - Deep expertise in accounting, tax, financial analysis and budgeting.
  • Communication - Articulates complex financial concepts clearly to boards, investors and associates.
  • Planning & Organizing - Balances short-term demands with long-term vision; prioritizes effectively.
  • Adding & Creating Value - Continuously seeks opportunities to improve performance and ROI.
  • Decision Making - Applies sound judgment and data to timely decisions.
  • Creativity & Innovation - Champions new ideas and technologies that drive competitive advantage.
  • Delegation of Authority - Assigns responsibility appropriately and monitors outcomes.
Qualifications:
  • Master's degree in Accounting, Finance, Business or equivalent (CPA preferred).
  • 8+ years senior financial leadership, with experience in real estate or property management strongly desired.
  • Background in public accounting (audit and/or tax) a plus.

Bisnow