Chief Financial Officer
Company: BH Properties
Location: Plano
Posted on: September 22, 2024
Job Description:
CHIEF FINANCIAL OFFICERwww.bhproperties.comCOMPANYBH Properties
is a privately held commercial real estate investment firm focused
on value-add acquisitions in office, industrial, retail, and
multi-family properties throughout the Western United States, along
with investments in distressed debt, ground leases and affordable
housing. The Company is vertically integrated, with offices in Los
Angeles, San Francisco, Seattle, Riverside, Phoenix, Dallas, and
Houston. Our 31-year track-record and balance sheet allow us to
move quickly and creatively, structuring acquisitions to satisfy
seller needs in a highly competitive market. Today, the Company
owns nearly 100 properties representing approximately 10M square
feet across 18 states.LOCATIONDallas, TX preferred. Alternative
locations on the West Coast also considered.RESPONSIBILITIESThis
role will be highly visible and integral to the financial
management of the Company, working with and supporting other
departments including Finance, Asset Management and
Acquisitions.ESSENTIAL DUTIES
- Manage cash flow projections ensuring availability of
funds.
- Assist in managing Company relationships with banks,
institutions and other financial partners along with assisting in
identifying new lending sources.
- Ensure timeliness and accuracy of financial reporting to banks
and other financial partners.
- Ensure compliance with loan covenants.
- Prepare and conduct financial presentations to banks and other
financial partners.
- Propose action plans to ensure that financial objectives are
attained.
- Assist in managing the balance sheet and revenues / expenses of
the Company.
- Explore new investment opportunities and provide
recommendations on potential risks and returns.
- Work with the senior leadership team in the preparation of the
long-term financial goals, annual plans, budgets and
projections.
- Leverage past and existing networks to provide insight and
recommendations to manage both short-term and long-term goals of
the Company.
- Assist in developing a capitalization strategy for new
acquisitions and existing owned assets.
- Create strategic initiatives that generate additional
opportunities for the company through external relationships, which
may include speaking engagements, and participation in select
industry organizations/entities.
- Assess financial risks and recommend strategies to mitigate
those risks.
- Respond to financial related questions from lenders, and other
stakeholders.
- Partner with other internal departments to ensure that
communications and presentation materials are accurate.
- Ensure budget and forecast models are accurate.
- Execute special projects and ad hoc analyses as
needed.QUALIFICATIONS
- Undergraduate degree required in accounting or business-related
field.
- Both a CPA and graduate degree a plus.
- 15+ years of experience in real estate accounting or related
field.
- Likely candidate will have come through an accounting or
finance background with an understanding of real estate debt
markets.
- Experience in Yardi software a plus.
- Demonstrated ability to maintain confidentiality.
- Strong organizational skills, including the ability to
prioritize and multi-task.
- Advanced knowledge of Microsoft Office Suite, including Word,
Excel, and Outlook.
- Ability to communicate effectively and professionally within
all levels of the organization and externally with lenders and
other outside parties.
- Ability to work independently and with minimum
supervision.
- Ability to work in a fast-paced entrepreneurial
environment.
- Must possess a strong work ethic.
- Must be a team player.
- Travel required (20%).COMPENSATIONWe offer an excellent
compensation package, an exciting opportunity, and the chance to
grow and develop with a well-capitalized entrepreneurial investment
group. For consideration, please submit resume with salary
expectations. Resumes submitted with salary requirements will be
considered first.
#J-18808-Ljbffr
Keywords: BH Properties, Plano , Chief Financial Officer, Executive , Plano, Texas
Didn't find what you're looking for? Search again!
Loading more jobs...