What are the responsibilities and job description for the Real Estate Finance Manager position at ABFE?
About Us:
Land Bank Twin Cities is a nonprofit organization that seeks to capture strategic real estate opportunities to benefit people with low to moderate incomes. We strive to create a community where all people have the opportunity to live and prosper.
Job Summary:
The Chief Financial Officer (CFO) will be a key member of our senior leadership team, responsible for leading the development of our financial systems, strategies, and future growth. This individual will be a strategic thought partner and advisor to the President and other members of the senior leadership team.
Key Responsibilities:
- Closely monitor cash flow and line of credit using automated forecasting tools and analysis.
- Develop and communicate financial metrics and reporting to executive leadership and the board of directors.
- Oversee financial and accounting operations, including cash management, accounts payable, expense reimbursements, accounts receivable, and collections.
- Prepare and distribute accurate and timely monthly, quarterly, and annual financial reports.
- Lead the development of annual, mid-term, and long-term financial objectives and plans that align with the organization's strategic direction.
- Oversee the preparation and distribution of budgeting for projects such as major capital improvements, property acquisition, etc.
- Engage effectively with the Board of Directors, drawing upon members' knowledge and experience and involving them appropriately in strategy, policy, fundraising, and fiduciary oversight.
Requirements:
- Bachelor's degree in Finance, Accounting, or Business Administration or equivalent professional experience.
- Graduate degree or MBA in Finance or Accounting.
- Preferred: CPA and/or other finance or accounting professional designation.
- Real Estate (residential, commercial, and/or development) finance and accounting background and/or CDFI financial management experience.
- Five years or more experience in managing a team of direct reports in areas of lending, AR/AP, real estate finance, and/or grant management or equivalent professional experience.
- Demonstrated history of developing and implementing new processes, systems, and automation to increase efficiency.
- Proficiency in automated Accounting Software Systems including Sage Intacct.
- Experience with business planning, lending, and other financial software.
- Advanced intermediate Microsoft Excel skills.
