Chief Financial Officer

Farmers and Merchants Bank of Long Beach•Long Beach, CA

11h•$220,584 - $409,656•Onsite

About The Position

The Chief Financial Officer (CFO) is the senior executive responsible for financial strategy, capital structure, risk oversight, and enterprise financial performance of the Farmers and Merchants Trust Company and its parent holding company, Queen City Investments Inc., and all subsidiaries. The CFO serves as a principal advisor to the President, Chief Operating Officer, and the Board of Directors on all financial, capital, investment, and economic matters. The CFO has the ultimate accountability for the enterprise financial leadership, including capital planning, liquidity management, portfolio performance, investment governance, regulatory financial condition, and long-range financial strategy across all business verticals.

Requirements

Successful track record in implementing a real estate investments strategy, including managing a team that performed analysis, strategic planning, and execution of an institutional investment policy.
Proficient knowledge of land development.
Proficient knowledge on private equity investments.
Proficient knowledge, or willingness to learn about the compliance and regulatory requirements of running a Trust Company.
Proficient knowledge, or willingness to learn about banking regulations O and W.
Experience with regulated financial institutions, real estate, private equity, or complex operating businesses strongly preferred.

Responsibilities

Develop and execute the company-wide financial strategy aligned with the Board’s long-term objectives.
Design and oversee the capital structure of the holding company and subsidiaries, including debt, equity, intercompany funding, and distributions.
Lead enterprise liquidity planning, treasury strategy, and cash deployment across operating companies and investments.
Oversee financing activities including credit facilities, real estate debt, acquisition leverage, ranch operating lines, and investment capitalization.
Serve as the point of contact between all companies and third-party financial auditors.
Report to Executive Management and Board of Directors on financial audits and present reports.
Complete the quarterly Call Reports for Farmers and Merchants Trust Company to regulatory agencies.
Supervise all movement of funds between companies, including capital calls, distributions, and dividend payments to shareholders.
Calculate and verify estimated quarterly tax payments to the IRS and manage their payment.
Verify wires sent from the companies.
Prepare financial reports for HNW clients, as needed.
Provide senior financial leadership on real estate acquisitions, dispositions, and portfolio optimization.
Provide senior financial leadership on private equity investments, valuations, and exits.
Provide senior financial leadership on trust company profitability, margin management, and growth economics.
Provide senior financial leadership on ranch and operating business expansion, land strategy, and capital investments.
Establish and enforce investment underwriting standards, hurdle rates, and financial approval frameworks.
Support Executive Committee financial review, including modeling, risk assessment, and capital allocation recommendations.
Manage shares buyback initiatives for Queen City Investments Inc.
Lead the annual budget, multi-year strategic plan, and long-range financial forecasting for the consolidated enterprise.
Establish financial performance frameworks and KPIs by vertical (e.g., NOI, IRR, ROIC, trust margins, EBITDA, cash yield).
Oversee enterprise-level scenario modeling, stress testing, and portfolio optimization.
Partner with operating leadership to translate business strategy into financial targets, incentives, and accountability systems.
Provide executive oversight of financial risk management, including capital adequacy, insurance, bonding, liquidity, and structural risk.
Serve as senior financial executive in matters relating to trust company financial condition and regulator-facing financial matters.
Serve as senior financial executive in matters relating to external auditors, tax advisors, lenders, and regulators.
Serve as senior financial executive in matters relating to enterprise financial controls and governance standards.
Oversee tax strategy, entity structuring, and intercompany financial architecture.
Prepare and present board-level financial reporting, strategic financial memos, and capital recommendations.
Lead banking, financing, and investor relationships.
Support Board and Compensation Committee on executive compensation economics, incentive design, and long-term financial planning.
Provide financial leadership in major negotiations, acquisitions, and strategic transactions.
Build and lead a high-performing finance organization, including Controller, FMTC Financial Operations Department, and portfolio finance functions.
Establish a scalable financial infrastructure supporting growth across multiple asset classes and regulated entities.
Promote a culture of financial discipline, transparency, and risk awareness.
Comply with all State and Federal Banking regulatory requirements, including but not limited to: BSA, Anti-Money Laundering OFAC, CIP, Financial Elder Abuse Reporting, Sexual Harassment, Information Security, and privacy requirements.
Act as the control point for the office to ensure that all CIP, BSA, OFAC requirements, procedures and time frames are met.