A Once-in-a-Generation Opportunity

Become the financial and strategic steward of a 100+ year-old, closely held family enterprise with core operations in real estate development and property management. This role is ideal for a dynamic, forward-thinking executive with strong financial core competencies ready to lead and shape the future of a multigenerational business, while playing a key role in one of the region's highest-profile and most ambitious real estate development projects.

Jerico Development is the driving force behind the West Harbor development in San Pedro, CA a transformative, waterfront destination years in the making, designed to redefine Los Angeles's connection to its historic harbor. Joining the team at this pivotal moment offers a rare chance to help bring a landmark project to life that will leave a lasting impact on the city, the community, and the waterfront for generations to come.

Location

This position is based in the South Bay of Los Angeles, a collection of sought-after coastal communities in Southern California. You'll enjoy proximity to LAX, Downtown LA, the Palos Verdes peninsula and Long Beach. This is an ideal setting for professionals who value both career ambition and laid back and healthy coastal lifestyle.

What You'll Lead

Financial strategy, budgeting, and oversight of real estate development and other related operations of the family businesses, including the development and operation of a landmark entertainment destination.
Capital planning, financing, and financial risk management efforts for future ground-up hospitality and multifamily developments located in the South Bay and near corporate headquarters.
Strategic financial oversight and performance monitoring of a unique and diversified real estate portfolio, including residential, office, retail, and mixed-use assets.
Management of the family office's financial operations, including investment oversight and support of the staffed Family Foundation.

Our Team & Culture

The firm has had 3 CEOs and 4 CFOs in its 100+ year history.
We are a nimble team that fights above our weight.
Senior executive tenure averages over 20 years.
A leadership team comprised of smart, quick-thinking, proactive professionals who embrace challenges by taking on and creating value by solving puzzles most would avoid.
The family generously rewards excellence, loyalty, ethical behavior and long-term commitment to shared goals.
We believe in and encourage all members of our team to engage in and give back and pay forward into the communities where we do business.

Your Role & Responsibilities

You will join as a key executive management team member, overseeing strategic operations and value-add opportunities across a diverse portfolio of companies, including real estate management and development, financial services, and public and private equity investments.
You will serve as a trusted advisor to both the family and executive leadership team, providing financial insights and operational oversight to support informed decision-making of the executive team.
Collaborate closely with and report directly to the CEO and together manage external counterparties such as partners and investors as well as lenders, insurance providers, investment managers, tax professionals and IT consultants.
Lead, mentor, and build a lean but effective finance team, driving continuous improvement in financial results, processes and systems. Evaluate performance across all asset classes and operations on an ongoing basis, to drive net revenue enhancement and risk reduction.
Play a point of contact role in managing investor relationships and evaluating internal debt and equity financing opportunities.
Oversee the implementation and optimization of financial systems and technologies to support scalable growth.
Bring initiative and operate with a high degree of autonomy, and an entrepreneurial and opportunistic mindset, with a strong appreciation for the long game in all aspects of life, personally, capital markets investing, work and personal relationships.
Lead day-to-day financial reporting and evaluation across all operating business entities and the family office, including treasury, accounting, financial reporting, tax planning, internal controls, budgeting and forecasting, cash flows, and financial analysis.
Coordinate with outside legal counsel on (i) real estate activities, such as leasing, construction contracts, land use and entitlements, secured debt financing, property management operations, etc.; (ii) corporate legal work like, creating new internal and JV investment entities and managing the existing portfolio of active and passive investment vehicles; (iii) trust and will creation and maintenance for the family office and (iv) labor law for company employees.

Qualifications

Individuals based in the greater Los Angeles area and who are familiar with and well-connected in the Southern California commercial real estate markets will be strongly preferred.
Desires to be a part of a leadership team with a very flat organizational structure and who is comfortable assuming significant authority and who can operate successfully with autonomy at the top of a short chain of command. Someone who:
- Ensures that the family business enterprises execute on the activities necessary to successfully manage our day-to-day operations.
- Likes to roll up their sleeves and engage broadly in the imagining, planning and implementation of complex projects.
- Has the capacity to develop long-term financial strategies as well as implement and manage ongoing strategic and operational plans aligned with and supporting the growth and succession of long term family and corporate objectives.
Significant experience across the full lifecycle of commercial real estate, including investment analysis, acquisitions, entitlements, financing, development, construction, and asset management, with a focus on providing strategic and financial oversight of a diverse and growing real estate portfolio. A strong track record and deep understanding of retail and mixed-use projects is strongly preferred.
Expertise in building and maintaining financial models utilized in scenario planning and investment due diligence.
An individual ready to plant roots, build legacy, and grow with a company for the long haul, and help deliver on our mission to transform the communities where we do business by imagining and delivering quality built environments which we activate through our property management ongoing community engagement.

Schedule:

Monday Friday, General office hours

Compensation:

We expect to pay $250k 300k in base salary, commensurate with experience, plus an annual discretionary bonus and generous benefits package. Employer has the capacity to accommodate a higher base salary for a candidate with extraordinary qualifications and ability to work across business disciplines.

To Apply:

Please apply for consideration; if already on our job board, click Apply Now. Qualified applicants will be contacted.

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