Director of Finance
Bellevue, WA, United States
Our client is a large, locally owned well-known and respected home builder. They are seeking a Director of Finance in a #1 level role.
The Director of Finance plans/oversees all aspects of the organization’s financial processes and acts as a key advisor to the President in establishing overall direction and strategic initiatives. This person will drive the company’s financial planning, financial forecasting, and ensures cash flow is appropriate to meet needs of the operations. They will monitor and proactively report the company’s financial results monthly, review quarterly and annual budgets, and oversee accounting transactions for multiple entities.
This position is also responsible for proactively reporting financial metrics to executive management, and to the ownership group. Goals will include working with the President to protect revenues, maximize profits, enable data-backed financial decision making, and well-planned growth.
Duties / Responsibilities:
Provides leadership, management, training, and supervision to all accounting personnel.
Responsible for daily cash management including loan draws, accounts payable, payroll, and bank deposits.
Responsible for analysis of acquisitions/dispositions, analyze costs and profit for land development, vertical construction, and support service entities.
Builds models to evaluate prospective investments and presents them to ownership representatives; make recommendations to President regarding profitability and improvement strategies.
Monitors closing and consolidation process to assure that company financial reports are complete and sent to users in a timely manner and for the monthly board reporting.
Partners with the President to recommend short-, medium-, and long-term goals to the Board; Responsible for associated financial modeling and measurement against approved targets.
Prepares quarterly cash flow projections for all project entities.
Set, track, and communicate to executive leadership progress against financial KPI’s.
Perform risk-based internal audits.
Oversee CPA firm’s external financial statement review and timely completion of taxes.
Oversee the company’s outsourced IT systems.
To be successful in this role, an in-depth knowledge of Generally Accepted Accounting Principles (GAAP) and proven experience with risk management are required.
Qualifications:
7+ years progressive work experience as a Controller, Director of Finance, or similar role. Home building experience preferred.
Bachelor’s or Master’s degrees in Accounting or Finance required. CPA or CMA preferred.
Hands-on experience with payroll, general and sub ledger accounting.
Hands-on experience with consolidating financial statements, equity-method accounting, related party transactions and eliminating entries.
Experience with prospective cash management, equity/capital management, debt/lender management - real estate accounting experience a plus.
Good knowledge of accounting software (Sage 300 CRE, previously known as Timberline).
Base salary of up to $160k plus generous bonus and time off benefits.
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