Overview of the Position:
· Family office operating in San Luis Obispo and Santa Barbara, California Counties seeks qualified candidates for position of Chief Financial Officer to support investment, development, and leasing real estate for multiple properties and entities.
· Responsible for oversight of financial matters for all companies and operations, including accounting, income tax reporting, treasury management, future planning, investments, and risk management.
· The Chief Financial Officer will direct and oversee the financial activities of the companies, direct the preparation of current financial reports and summaries, and create forecasts predicting future growth.
Duties/Responsibilities:
General
· Identifies and assists with implementation of long-term strategic and operational objectives for the companies.
· Directs the preparation of all financial statements, including income statements, balance sheets, owner reports, tax returns, and governmental agency reports.
· Establishes, coordinates, and administers as an integral part of management, an adequate plan for the control of operations including profit planning, programs for capital investing and financing, sales forecasts, project development forecasts, expense budgets and cost standards, together with necessary controls and procedures to effectuate the plan.
· Compares revenues and profit projections to actual figures and budgeted expenses to actual expenses; makes or oversees any necessary adjustments to future projections and budgets.
· Works with ownership and other executives to coordinate planning and establish priorities for the planning process.
· Works with other department heads to monitor each department and make recommendations.
· Works with tax and legal advisors to optimize tax and legal outcomes, as well as to provide information necessary for compliance and planning projects.
· Studies long-range economic trends and projects their impact on future growth in revenue and investments.
· Oversees Accounting department, budget preparation, and audit functions.
· Establishes and executes programs for the provision of capital required by the business, including negotiating the procurement of capital and maintaining the required financial arrangements. Coordinates the long-range plans of the company, assesses the financial requirements implicit in these plans and develops alternative ways in which financial requirements can be satisfied.
· To manage the cash-flow position of the company. Responsibility includes authority to establish credit and collections and purchasing policies and to establish schedules for the payment of bills and financial obligations.
· To approve all agreements concerning financial obligations, such as contracts for products or services and other actions requiring a commitment of financial resources.
· Maintains relationships with financial institutions in conjunction with the President. Administers banking arrangements and loan agreements, receives, has custody of and disburses the companies’ monies and securities. Maintains adequate sources for the companies’ current borrowings from commercial banks and other lending institutions. Invests the companies’ funds as appropriate.
· Prepares financial analysis to assess the investment return and feasibility of potential real estate transactions.
· Responsible for the financial aspects of real estate transactions, and executes bids, contracts and leases.
· Ensures the maintenance of appropriate financial records and preparation of required financial reports.
· Coordinates insurance coverage as required.
Oversees the collection of accounts due the companies
· Oversees the selection, implementation and maintenance of all financial reporting and transactional platforms.
Managerial Responsibilities
· Set an example for excellent work ethic and accountability.
· Show flexibility, approachability, availability, and active listening when it comes to communication with team members and outside advisors.
· During critical conversations, uphold a calm, confident, and encouraging demeanor while assertively addressing the issue at hand.
· Implement task and operational best practices with a goal of continuous improvement.
· Bring out the best in team members.
· Continuously develop leadership skills through provided training, as well as personal efforts.
· Collaborate and work positively with team members within the company and outside advisors to best serve the company, achieve common goals and leverage resources.
Required Skills
· Communicate clearly and professionally when speaking and writing.
· Use of QuickBooks software and other necessary software applications with consistent accuracy.
· Communicate effectively, encourage others, and behave professionally.
· Provide direction and feedback to others in a manner that is productive and positive.
· Develop initiatives to execute strategies set forth by others or of your own design.
· Display strong analytical, decision making, and negotiation skills.
· Be proficient in math and the Microsoft Office Suite (Excel, Word, and PowerPoint).
· Demonstrate ability to learn new software applications.
· Solve problems when they arise, using big-picture awareness and available resources.
· Understand and follow written and verbal directions.
· Take direction well and learn in a fast-paced environment.
· Focus, maintain attention to detail, and balance multiple duties in a dynamic environment.
· Work independently and productively, stay motivated, and appropriately prioritize tasks.
· Recognize the need to ask for assistance.
· Function as part of a team, having a positive attitude and strong work ethic.
· Demonstrate a sense of pride in your work and represent the company and its owners in a positive manner.
Preferred Experience and Skills related to the Real Estate Transactions and Projects
· Purchase transactions of commercial real estate· Sales transactions of commercial real estate
· Real estate purchase/improvement/construction financing
· IRC §1031 like-kind exchanges
· Commercial real estate leasing
· Commercial real estate development
· Real estate entitlement, zoning and use permits
· Real estate title and legal considerations
· Commercial or residential property owners’ associations
· Commercial and residential construction
Supervisory Responsibility
This position has direct supervisory responsibility of the Accounting department.
Work Environment
This position operates in a fast-paced professional office environment. This role routinely uses standard office equipment, such as computers and telephones.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
While performing the duties of this job, the employee is regularly required to handle objects and type on a computer, use phones and computer software. The employee is frequently required to sit in a stationary position for prolonged periods of time, in addition to occasionally moving about inside the building. The employee is sometimes required to stoop, bend, twist kneel, crouch or climb.
The employee must regularly lift and/or move objects that weigh less than ten pounds, occasionally lift and/or move items that weigh between 11-20 pounds, and rarely lift and/or move items that weigh between 21-50 pounds.
Other Duties
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Required or Preferred Education, Experience, and Licensing
Education: Bachelor’s (Required)
Master’s or Other Position-Related Advanced Degree (Preferred)
Experience: Financial and accounting experience: 10 years (Required)
Real estate industry experience (Preferred)
Job Type: Full-time
Pay: From $200,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Ability to Relocate:
- San Luis Obispo, CA 93401: Relocate before starting work (Required)
Work Location: In person
