ColRich is a real estate, construction and investment firm focused on value-add, residential real estate in strategic locations primarily in the Western U.S. Our platform’s sustainability is assured through long- term ownership enabled by long-term debt and equity. We are focused on enduring, tax-efficient cash flow for our investors. In the multifamily space, we actively maximize cash-on-cash returns and capital appreciation by acquiring properties with upside through extensive renovation and improved management. Leveraging our unique homebuilding background and construction platform, we reposition these older properties as design-forward, affordable workforce housing alternatives to newer Class A product.
With a service matters operating philosophy, our team is passionate about supporting residents across our portfolio, building better environments that fuel happier residents, improving investor returns and creating a strong sense of purpose that drives what we do every day.
A vertically integrated, hands-on approach is at the core of our company’s capabilities. Deep in-house construction, design, finance & accounting and asset management expertise ensures that our essential functions are managed internally and operationally intertwined to produce indisputable long-term value for our stakeholders. Our communities are built to last, offering enduring and stable environments where our residents will thrive.
About the Candidate: We are seeking a committed and experienced Chief Financial Officer (CFO) with an interest in a long-term leadership role in a dynamic, successful, balanced real estate company with responsibility for financial, accounting, tax, debt, legal, and IT operations. The ideal candidate thrives in a fast-paced, non-traditional environment and is comfortable operating with full accountability to the CEO and Board of Directors in service of their strategic vision. The candidate must bring a balance of technical excellence, strategic insight and operational leadership, along with a service-oriented mindset and strong people management skills.
About the Role: The Chief Financial Officer is responsible for the company's financial operations and strategy. This role at ColRich oversees accounting, tax, debt, legal, insurance, technology and system infrastructure, financial reporting, and cash flow management. The Chief Financial Officer reports to the CEO and works alongside the COO.
It is an onsite full-time exempt position not eligible for overtime.
Specific responsibilities include:
- Provide data-driven insights and strategic recommendations to support the CEO’s vision and decision-making.
- Help operationalize the CEO’s initiatives by aligning financial, legal, and organizational resources.
- Collaborate on relationships with investment institutions in partnership with CEO and other managers.
- Coordinate with Director of Equity on deal structure and joint venture structuring in an effort to minimize risk and reduce tax liability.
- Oversee debt department, ensuring a sound strategy is deployed on each transaction.
- Oversee budgeting and forecasting of cash-flow and cash positions for the Corporate entity.
- With support of Controller, oversee all accounting functions, including financial reporting, and compliance.
- Manage tax strategy, filings, and relationships with external advisors.
- Oversee IT department, ensuring CR’s defense strategy to external threats is adequate and up to date.
- Monitor and assess opportunities and vulnerabilities as they relate to the ColRich ecosystem. Provide solution oriented suggestions to capitalize on opportunities or mitigate risks proactively.
- Manage, mentor and retain a lean but capable internal team across accounting, debt, legal, and IT functions.
Requirements:
- 15 years of experience in accounting or finance, including a minimum of five years in a management role.
- Has held positions of increasing responsibility within accounting and finance, such as director of finance, director of accounting or controller.
- Bachelor’s degree in Accounting, Finance, or related field with CPA or MBA.
- Deep understanding of capital markets, real estate deal structuring, joint venture agreements, and project financing.
- Experience in closely-held firm preferred.
- Strong leadership, communication, and interpersonal skills.
Benefits:
- Base salary and discretionary annual bonus competitive with industry standards.
- Health and dental insurance paid fully at the employee level by employer.
- Eligible upon hire for 401(k) plan.
- Paid holidays and vacation time.
ColRich provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, ColRich complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. ColRich expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of ColRich’s employees to perform their job duties may result in discipline up to and including discharge.
