Senior Financial Manager
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Job Location:
Boston, NH - USA
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Department:
Job Summary
POSITION SPECIFICATION
SENIOR FINANCIAL MANAGER
Shine Associates LLC has been retained to search identify and recruit a Senior Financial Manager (SFM) on behalf of our client (Company). This position will be based in the Boston MA office.
CONFIDENTIALITY
Shine Associates LLC has been exclusively retained on this assignment. Information contained in this position specification as well as any other information concerning the Company provided or verbally discussed is confidential. All materials and discussions are to be utilized for the sole purpose of a candidates personal review of the career opportunity.
CLIENT DESCRIPTION
Our client is a real estate investment and development company that focuses primarily on industrial and residential markets. Headquartered in Boston with offices in Atlanta and Philadelphia the Company searches for unique investment opportunities throughout the East Coast.
The Company finds and invests in opportunities across the risk spectrum; this results in insightful investments ranging from short-term value-add projects to long-term multiple-oriented deals. With operating expertise across this spectrum the firm is capable of capitalizing on a vast array of deal types.
The Companys mission is to be the best real estate value investor on the East Coast by relentlessly seeking and creating value through strategic data-driven investments that deliver superior returns for our investors.
The Companys Corporate Vision
The firms vision is tobuild an enduring real estate investment firmdefined by itsability to find value where others dont. The Company uncovers hidden opportunitiestransforming properties and marketsto deliver exceptional returns for our investors. Success is driven by a team ofempowered leaderswho operate withextreme ownership humility and a relentless focus on value creation. By building a company whereleadership and expertise are shared the firm aims to create a business that thrives for generationslong after its founderswhile continuing to generatewealth growth and impactfor our investors team members and communities.
The Company takes seriously their Core Values:
- Value Creation: Their business is built onfinding and creating valuein every deal property and relationship.
- Ownership: Operates withextreme ownership where every team member is accountable for their collective success.
- Fiduciary Excellence: Committed tosafeguarding their investors capital ensuring every decision maximizes value with transparency and integrity.
- Agility: They move swiftly and strategically taking advantage ofhidden opportunitiesin the market.
- Growth and Humility: Lead withhumilityand a focus on continuous growthboth personally and professionally.
SENIOR FINANCIAL MANAGER
The Company is a real estate investor and developer focused on the commercial and residential sectors. The firm currently owns over four million square feet of real estate across the East Coast and has a pipeline of development approaching $1 billion. The Senior Financial Manager position will lead all property level financial operations across the portfolio including accounting reporting cash management and loan compliance. The role will also provide support for corporate investment accounting activities that connect to property level financials such as capital funding distributions cash transfers and transaction accounting related to property purchases and sales.
The ideal candidate will have deep experience in commercial real estate accounting strong technical knowledge of GAAP and the ability to manage complex reporting across multiple entities. A CPA designation is preferred but not required.
This position will report directly to the Head of Property Management and support the Companys Asset & Property Management teams and corporate accounting.
SPECIFIC RESPONSIBILITIES
Property Management (Primary)- Oversee all property level accounting including monthly quarterly and annual financial reporting.
- Manage property level cash flow reserves capital expenditures and investor or partner distributions.
- Prepare and review budgets reforecasts and variance analyses.
- Coordinate property audits lender compliance reporting tax return preparation and year-end financial packages.
- Maintain accuracy of loan compliance schedules debt service coverage ratios and covenant tracking.
- Partner with Property Management and Asset Management teams to align accounting with business and operational plans.
Corporate Investment Accounting (Secondary)
- Oversee accounting functions related to investment activity between corporate and property entities.
- Manage and reconcile capital funding equity contributions and investor distributions tied to property operations.
- Support accounting for purchases sales refinances and intercompany cash transfers.
- Collaborate with Asset Management and Investment teams during acquisitions and dispositions to ensure proper accounting for funding closing statements and capital events.
- Prepare financial schedules and documentation for investment tracking cash management and external audits.
- Collaborate with the Investor Relations and Corporate Finance teams to ensure accurate and timely flow of financial information between entities.
PROCESS & TECHNOLOGY
- Maintain and strengthen accounting controls across corporate and property platforms.
- Identify opportunities to streamline reporting and automate data integration between property and corporate systems.
- Lead efforts to enhance accuracy and consistency of financial information across entities.
QUALIFICATIONS & SKILLS
- Bachelors degree in Accounting Finance or related field required; CPA preferred.
- 57 years of progressive accounting experience with direct exposure to commercial real estate accounting.
- Experience in both public accounting and real estate accounting is strongly preferred.
- Strong knowledge of GAAP and commercial real estate financial reporting.
- Proven ability to manage property level financial statements audits tax prep and loan compliance.
- Accounting Software: Yardi experience required
- Advanced Excel skills and strong financial modeling capabilities.
- Highly organized analytical and detail-oriented with excellent written and verbal communication skills.
- Self-starter who thrives in a fast-paced entrepreneurial environment.
WORKING CONDITIONS & PHYSICAL REQUIREMENTS
- Must be able to remain in a stationary position (sit/stand at a computer) for long periods of time.
- May require occasional travel to other job sites or for business purposes.
COMPENSATION
The Company is prepared to offer a competitive compensation package.
David Slye Managing Director
emailprotected
Chandlee Gustafson Associate
emailprotected
Required Experience:
Manager
Key Skills
- B2B Sales
- Arabic Speaking
- Adobe Flash
- Executive Support
- BI
