What are the responsibilities and job description for the Finance Director position at Acara Solutions?
Overview
Career Opportunities with Acara Solutions
We are seeking an experienced Chief Financial Officer (CFO) to join our team at Acara Solutions. As a key member of our senior management, you will be responsible for leading our accounting and finance functions, driving financial growth strategies, and ensuring financial stability and compliance within the commercial and residential real estate sectors.
About Us
Acara Solutions is a full-service commercial real estate development firm with extensive experience across various product types and related services. Our company has developed over 16 million square feet of commercial space, including more than eight million square feet under current management. We prioritize our clients' needs, offering comprehensive real estate solutions that align with their strategic goals. Our commitment to long-term client relationships is demonstrated by our 98% customer satisfaction rating.
Your Role
The CFO plays a crucial role in managing a comprehensive range of our accounting and finance functions. This position drives financial growth strategies, capital procurement, and ensures financial stability and compliance within the commercial and residential real estate sectors. Additionally, this position will manage the ecosystem of our company's real estate financing process, including client relationship management, lender placement execution, loan and equity term negotiation, and closing, to secure the best economics for the company.
Responsibilities
* Develops and executes the company's financial planning, ensuring alignment with organizational goals.* Oversees all aspects of financial management, including budgeting, forecasting, financial reporting, and compliance.* Directs internal and external stakeholders in the accurate preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.* Drives long-term financial sustainability and growth.* Assesses and manages the organization's liabilities and investments. Mitigates financial risks by implementing effective risk management practices.* Analyses financial data and market trends to provide strategic insights and recommendations to the senior leadership.* Contributes to the overall strategic direction and decision-making of the company, ensuring that financial considerations are integral to business planning.* Monitors and manages cash flow, liquidity, and financial risks to optimize financial performance and mitigate risks.* Ensures compliance with legal requirements, company policies, financial regulations, accounting standards, tax requirements, and internal controls.
Requirements
* Bachelor's degree in either Accounting, Real Estate, Finance, Business Administration, or related field required; MBA preferred.* Certified Public Accountant designation preferred.* 7 years of progressive experience in finance and accounting roles, with significant experience in real estate development and finance.* Experience in financial planning and analysis, including budgeting, forecasting, and variance analysis.* Knowledge of real estate transactions, such as acquisitions, dispositions, and joint ventures. Experience in assessing and managing financial risks within the real estate industry.* Proficiency in financial software and tools, financial modelling software, and MS Office suite required. Yardi and Argus experience preferred.* Familiarity with risk management tools and practices specific to real estate development projects.* Experience in leading and mentoring finance teams, fostering a culture of performance and professional growth.* Experience ensuring adherence to accounting standards, tax regulations, and financial reporting requirements.* Demonstrated expertise in capital markets, including fundraising, debt financing, investor relations, and financial structuring.* Familiarity with emerging trends and technologies in real estate finance.* Proven track record of strategic financial management, financial analysis, and risk management in the real estate industry.
Career Opportunities with Acara Solutions
We are seeking an experienced Chief Financial Officer (CFO) to join our team at Acara Solutions. As a key member of our senior management, you will be responsible for leading our accounting and finance functions, driving financial growth strategies, and ensuring financial stability and compliance within the commercial and residential real estate sectors.
About Us
Acara Solutions is a full-service commercial real estate development firm with extensive experience across various product types and related services. Our company has developed over 16 million square feet of commercial space, including more than eight million square feet under current management. We prioritize our clients' needs, offering comprehensive real estate solutions that align with their strategic goals. Our commitment to long-term client relationships is demonstrated by our 98% customer satisfaction rating.
Your Role
The CFO plays a crucial role in managing a comprehensive range of our accounting and finance functions. This position drives financial growth strategies, capital procurement, and ensures financial stability and compliance within the commercial and residential real estate sectors. Additionally, this position will manage the ecosystem of our company's real estate financing process, including client relationship management, lender placement execution, loan and equity term negotiation, and closing, to secure the best economics for the company.
Responsibilities
* Develops and executes the company's financial planning, ensuring alignment with organizational goals.* Oversees all aspects of financial management, including budgeting, forecasting, financial reporting, and compliance.* Directs internal and external stakeholders in the accurate preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.* Drives long-term financial sustainability and growth.* Assesses and manages the organization's liabilities and investments. Mitigates financial risks by implementing effective risk management practices.* Analyses financial data and market trends to provide strategic insights and recommendations to the senior leadership.* Contributes to the overall strategic direction and decision-making of the company, ensuring that financial considerations are integral to business planning.* Monitors and manages cash flow, liquidity, and financial risks to optimize financial performance and mitigate risks.* Ensures compliance with legal requirements, company policies, financial regulations, accounting standards, tax requirements, and internal controls.
Requirements
* Bachelor's degree in either Accounting, Real Estate, Finance, Business Administration, or related field required; MBA preferred.* Certified Public Accountant designation preferred.* 7 years of progressive experience in finance and accounting roles, with significant experience in real estate development and finance.* Experience in financial planning and analysis, including budgeting, forecasting, and variance analysis.* Knowledge of real estate transactions, such as acquisitions, dispositions, and joint ventures. Experience in assessing and managing financial risks within the real estate industry.* Proficiency in financial software and tools, financial modelling software, and MS Office suite required. Yardi and Argus experience preferred.* Familiarity with risk management tools and practices specific to real estate development projects.* Experience in leading and mentoring finance teams, fostering a culture of performance and professional growth.* Experience ensuring adherence to accounting standards, tax regulations, and financial reporting requirements.* Demonstrated expertise in capital markets, including fundraising, debt financing, investor relations, and financial structuring.* Familiarity with emerging trends and technologies in real estate finance.* Proven track record of strategic financial management, financial analysis, and risk management in the real estate industry.
