Our client is a private, vertically integrated multi-family real estate investment and operating company with a portfolio of approximately 5,000 units across the DC metro area. The company acquires, develops, and manages multi-family assets on behalf of its own balance sheet and a select group of institutional and private capital partners. With a disciplined, long-term investment philosophy and a hands-on operating platform, has built a reputation for value creation, operational excellence, and strong investor relationships.
POSITION SUMMARY:
The Chief Financial Officer (CFO) will serve as a key member of the executive leadership team, reporting directly to the CEO/President, and will be responsible for the overall financial strategy, capital markets activity, accounting operations, and financial reporting for the company and its portfolio of approximately 5,000 multi-family units. This is a highly visible, hands-on leadership role suited to a finance executive who thrives in an entrepreneurial, private real estate environment and who can operate equally well at the strategic and execution levels.
KEY RESPONSIBILITIES:
Financial Strategy & Executive Leadership
- Serve as a strategic partner to the CEO, President, and ownership group on capital allocation, growth strategy, and long-term business planning.
- Develop and maintain financial models to evaluate acquisitions, dispositions, refinancings, and new development opportunities.
- Present financial results, forecasts, and strategic recommendations to ownership, the board, and/or capital partners.
- Build and lead a high-performing finance, accounting, and treasury team as the platform scales.
Capital Markets & Treasury
- Lead all debt financing, refinancing, and capital markets activity across the portfolio, including relationships with lenders, agencies (Fannie Mae/Freddie Mac), and life companies.
- Oversee cash management, liquidity planning, and covenant compliance across the portfolio's debt facilities.
- Manage relationships with equity investors and institutional capital partners, including reporting, distributions, and capital calls.
- Evaluate and structure joint ventures, recapitalizations, and portfolio-level financing strategies.
Accounting, Reporting & Controls
- Oversee all accounting operations, including property-level and corporate-level GAAP financial statements, consolidations, and month-end/year-end close processes.
- Ensure timely, accurate financial reporting to ownership, lenders, and investors in accordance with partnership/operating agreements.
- Maintain and strengthen internal controls, accounting policies, and procedures across the accounting and property management platforms.
- Oversee tax strategy and compliance in partnership with outside tax advisors, including entity structuring and K-1 delivery.
- Manage annual audit and tax return processes with external auditors and CPA firms.
Budgeting, Forecasting & Analysis
- Direct the annual budgeting process across the portfolio, working closely with asset management and property operations teams.
- Develop rolling forecasts, variance analysis, and portfolio-level performance reporting (NOI, occupancy, same-store growth, etc.).
- Provide financial analysis and underwriting support for new acquisitions, dispositions, and capital improvement projects.
Systems, Process & Risk Management
- Evaluate and implement accounting, property management, and financial reporting systems to support portfolio growth (e.g., Yardi, MRI, RealPage).
- Oversee insurance programs, risk management strategy, and compliance with lender and investor requirements.
- Identify opportunities to improve efficiency, scalability, and automation across finance and accounting functions.
QUALIFICATIONS
- Bachelor's degree in Accounting, Finance, or related field required; CPA and/or MBA strongly preferred.
- 10+ years of progressive finance/accounting leadership experience, with significant exposure to multi-family or broader real estate investment/operations.
- Prior experience as a CFO, Controller, or senior finance executive within a private real estate investment, ownership, or operating platform.
- Deep knowledge of real estate capital structures, agency debt financing (Fannie Mae/Freddie Mac), and institutional capital relationships.
- Strong technical accounting background, including partnership accounting, consolidations, and multi-entity structures.
- Experience managing outside auditors, tax advisors, and lender/investor reporting requirements.
- Proven leadership experience building and managing high-performing accounting and finance teams.
- Excellent communication and presentation skills, with the ability to interface directly with ownership, investors, and lenders.
- Hands-on, entrepreneurial mindset suited to a private, closely held real estate organization.
