Job Description: Chief Financial Officer (Part-Time / Full-Time)
Location: New York, NY
Industry: Real Estate Development & Investment
Experience Required: 15+ years in real estate finance
About Us:
New Empire Corp is a comprehensive real estate development conglomerate headquartered in New York City. Since its establishment in 1997, New Empire has become a leader in medium-sized residential development in the city. The group offers a range of services including procurement, analysis, planning, financing, construction and design, construction management, marketing, and property management. In prime locations throughout New York City, New Empire has successfully renovated, constructed, and developed over 120 mixed-use residential and hotel projects. Additionally, New Empire has achieved numerous accolades and accomplishments in the residential development field, including being the 2020 Sales Champion for the Neighborly LIC project, the 2021 Brooklyn Sales Champion, and the New York Sales Runner-up for the 567 Ocean Ave project, as well as the 2022 Sales Champion for boutique properties and the most investment-worthy property for the 208 Delancey project. The innovative spirit and market insights of New Empire Group have driven design innovation throughout the entire industry in New York. https://www.newempirecorp.com/
About the Role
We are seeking an experienced Chief Financial Officer (CFO) — part-time or full-time — to oversee all financial operations for a growing real estate development and investment company. The ideal candidate will have deep experience in NYC real estate, including development, construction financing, condominium projects, lending relationships, tax strategy, and portfolio reporting.
This role will work closely with ownership and executive leadership to provide financial oversight, strategic planning, and risk management across multiple active projects.
Key ResponsibilitiesFinancial Strategy & Leadership
- Develop and implement long-term financial strategies to support the company’s real estate development pipeline and investment goals.
- Provide executive leadership on capital structure, project feasibility, and long-range budgeting.
- Advise ownership on financial risks, opportunities, and market conditions.
Project & Development Finance
- Oversee financial modeling and underwriting for new acquisitions and development projects.
- Manage construction budgets, cash flow forecasting, and cost-tracking processes.
- Review and approve project pro formas, loan draw requests, and development reports.
Accounting & Reporting
- Supervise all accounting functions, including monthly closings, reconciliations, and consolidated reporting across entities.
- Ensure compliance with GAAP, tax regulations, and lender/partner reporting requirements.
- Prepare quarterly and annual statements for investors, lenders, and internal stakeholders.
Capital Markets & Banking
- Lead relationships with banks, private lenders, and financial institutions.
- Oversee loan structuring, refinancing, credit lines, and compliance with loan covenants.
- Support equity fundraising efforts, investor reporting, and capital calls.
Risk Management & Compliance
- Implement controls and financial policies to ensure strong governance.
- Oversee insurance requirements, audits, and tax planning.
- Ensure compliance across all real estate entities and project structures.
Team Management
- Oversee internal accounting team and external CPAs as needed.
- Build efficient financial processes and systems as the company scales.
- Provide mentorship and leadership across the finance department.
Qualifications
- 15+ years of senior finance experience in real estate development, investment, or construction (required).
- Strong background in NYC condominium projects, mixed-use development, and multi-entity structures.
- Proven experience managing construction budgets, development schedules, and lender reporting.
- Expertise in financial modeling, forecasting, and capital markets.
- Strong understanding of tax structures, compliance, and audit processes.
- CPA, MBA, or similar advanced credential preferred but not required.
- Ability to work part-time with flexible hours, with potential to grow into a larger role.
Job Types: Full-time, Part-time
Pay: $6,000.00 - $15,000.00 per month
Expected hours: 20.0 – 40.0 per week
Experience:
- Real Estate CFO: 10 years (Required)
Work Location: In person
