CFO, Real Estate

Description

Position at Somers West Development

The Real Estate CFO is responsible for directing the financial planning and accounting practices for real estate land development and land disposition strategy in multiple projects located in California and Hawaii. This individual will have extensive experience in financial modeling, budgeting, and managing financial operations to support the company's growth and profitability. This individual will support and oversee financial and accounting practices to guide the accounting and finance department. This role will keeping ownership, investors, executive team and project managers informed on all financial data related to the projects.

Responsibilities:

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Other duties may be assigned.
• Oversee the company's financial operations, including accounting, budgeting, financial reporting, and analysis.
• Develop and implement financial strategies to support the company's real estate development projects and land disposition initiatives.
• Lead the financial planning and analysis process, including forecasting, budgeting, and variance Manage cash flow, capital allocation, and investment strategies to ensure financial stability and growth.
• Collaborate with the CEO and executive team to develop and execute strategic plans for the company's real estate projects.
• Provide financial insights and recommendations to support decision-making and drive business performance.
• Ensure compliance with financial regulations and reporting requirements.
• Oversee the preparation of financial statements, management reports, and presentations for stakeholders.
• Utilize analytics and predictive modeling to drive financial performance.
• Manage relationships with external auditors, banks, and other financial institutions.
• Oversee insurance and bonding necessary for the projects to mitigate risks and ensure compliance.
• Manage title and escrow processes for land transactions to ensure smooth and accurate property transfers.
• Lead and mentor the finance team to achieve departmental and organizational goals.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or CPA preferred.
• Proven experience as a CFO or in a senior financial leadership role within the real estate industry.
• Experience working with large public developers.
• Experience in managing large-scale real estate projects and land disposition transactions.
• Strong background in real estate land development, land disposition strategy, and financial modeling. Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.
• Strong leadership and management skills, with the ability to lead and develop a high-performing finance team.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
• Proficiency in financial software and tools, including advanced Excel skills.
• Knowledge of real estate market trends, regulations, and best practices

Compensation: $200,000 - $225,000 per year

SBM Management Services, LP and its affiliates are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, sex, color, ancestry, religion, national origin, sexual orientation, citizenship, age, marital status, disability, gender identity, Veteran status, or other legally protected status.