VP of Finance / Chief Accounting Officer

Lusk Group LLC•New York, NY

178d•Onsite

About The Position

BFC Partners is seeking a skilled and seasoned financial professional to become its next Vice President of Finance/Chief Accounting Officer (VP/CAO). As a key member of the Executive Management team, the VP/CAO will act as a trusted advisor to the Partners and executive management team on all matters relating to the financial strategy and operations of the firm. The VP/CAO will oversee all finance, accounting, budgeting, reporting, tax, payroll, treasury and HR functions and assume a key role in the overall management of the company. Having established credibility within the organization and with lenders, the VP/CAO will be a strong leader in driving continued profitability and establishing a best-in-class Finance and Accounting function. In addition, the VP/CAO will serve a leading role in evaluating and supporting organic growth strategies, as well as assisting in the potential execution and integration of acquisitions. BFC Partners is seeking a candidate who understands the importance of culture, brand, and strategy and will work proactively to justify investments in those areas. The position requires a person who can implement and manage their responsibilities while being cognizant of BFC’s culture and core values of success.

Requirements

Bachelor’s Degree in Accounting or Finance is required
12 or more years’ experience in finance roles, with at least 3 of those years serving in leadership roles as VP of Finance or related title within a company
Extensive knowledge of P&L, Balance Sheet and Cash Flow statements, coupled with strong GAAP accounting principles understanding
Fluency in enterprise resource planning (ERP) software; Timberline/Sage 300/Sage Intacct preferred
Ability to oversee the audit process
Strong writing, verbal, and interpersonal skills with the ability to communicate clearly with staff and to present BFC Partners in a compelling and effective manner to clients and stakeholders
Proactive problem-solving abilities and excellent judgment
Experience leading and mentoring staff; ability to evaluate and support professional development needs and opportunities as well as strategies to encourage growth
Experience distilling an organization’s operational areas for opportunity and building new internal capabilities to drive profitable growth
Discretion, maturity, and a high level of trustworthiness

Nice To Haves

MBA, CPA and/or other relevant professional designation is highly preferred
Prior experience in a dynamic real estate development and construction company would be ideal
Early career experience in public accounting with a top tier firm is a plus
Deep commitment to equity, inclusion, accessibility, as well as an interest in community/neighborhood development

Responsibilities

Proactively collaborate with the Partners and senior leadership team to identify and drive the organization to achieve strategic and operational objectives
Provide leadership, direction, and management of the finance, accounting, and human resources (HR) teams
Elevate the finance function so that it adds value above-and-beyond accurate and timely financial reporting
Provide tactical financial guidance and advise on strategic leadership decisions that affect the firm’s financial stability and continued success (e.g., the evaluation of potential alliances, acquisitions and/or mergers and investments)
Develop a reliable cash flow projection process and reporting mechanism which includes a minimum cash threshold to meet operating needs
Evaluate the finance division’s structure and team and develop plans to continually improve the group’s efficiency and effectiveness while supporting employees’ professional and personal growth
Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies, and regulatory action
Develop and maintain key external strategic partnerships
Oversee and ensure accurate and timely reporting to external constituencies and maintenance of data systems where necessary
Forecast cash flow based on upcoming projects, expenditures, investments, and tax liabilities
Oversee the Project Accounting department
Prepare operating budgets and oversee financial reporting; coordinate the preparation of financial statements, financial reports, and project reports
Review, analyze, and present to the management team the month-end, quarter-end, and annual financial statements
Conduct monthly financial project review meetings with respective project management teams
Oversee and review yearly audit and preparation of tax returns by external CPAs
Analyze and manage process for work in progress (WIP) reporting and closing
Oversee the full cycle accounts receivable and accounts payable process
Perform margin analysis on projects for improved cost management and increased profits
Implement and coordinate changes and improvements in automated financial and management information systems and new systems in process
Ensure compliance with local, state, and federal income, sales, and payroll tax requirements
Oversee the approval and processing of requisitions, payments to subcontractors, purchasing, department budgets, ledger, account maintenance, and data entry
Establish and maintain appropriate internal control safeguards
Ensure financial records and systems are maintained in accordance with generally accepted accounting principles (GAAP) and other methods of accounting as needed
Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures
Represent the company externally to government agencies, banks, sureties, and insurance brokers and carriers
Coordinate external audits with outside accounting firms and governmental agencies or unions
Recruit, train, supervise, and evaluate accounting department staff
Oversee the Human Resource function