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Director of Finance

Connecticut River Capital
Hanover, NH Full Time
POSTED ON 6/11/2024 CLOSED ON 6/30/2024

What are the responsibilities and job description for the Director of Finance position at Connecticut River Capital?

About us

Connecticut River Capital is a small real estate investment company based in Hanover, New Hampshire. We specialize in the acquisition, management, and development of commercial properties in northern New England. We pride ourselves on delivering exceptional value to our partners and investors through strategic asset management and innovative investment strategies..

Our work environment includes:

  • Modern office setting
  • Snacks and drinks provided
  • Work-from-home days
  • Growth opportunities

Job Overview:

We are seeking an experienced and dynamic Director of Finance to join our team. The ideal candidate will have a strong background in finance and accounting, ideally with experience in real estate investment. This role requires meticulous attention to detail, strong leadership skills, and the ability to oversee various financial and operational aspects of our business.

Duties:

  • Supervise accounting staff of 2-3 in addition to contracted bookkeeping organizations.
  • Participate in executive leadership and staff meetings.
  • Lead the annual budget preparation for all entities.
  • Calculate and oversee all partner distributions.
  • Oversee property accounting for all operating entities.
  • Oversee CTR Property Management accounting for year-end tax return preparation.
  • Oversee fund accounting and individual investor capital accounts for all investment partnerships.
  • Oversee all human resource functions for the CTR group entities.
  • Prepare quarterly consolidated financial statements for all partnership entities.
  • Prepare complicated CAM reconciliation and forecast calculations.
  • Maintain up-to-date knowledge of GAAP and income tax rules relevant to real estate entities and partnerships.
  • Participate in due diligence for new property acquisitions.
  • Oversee cash management and forecasts for all entities.
  • Review workpapers prepared by staff for accuracy.
  • Prepare income tax workpapers for NH entities.
  • Review and approve tax returns prepared by accounting firms.
  • Review and approve audited financial statements.

Experience:

  • Bachelor’s degree in Accounting, Finance, Business or related field. CPA or MBA preferred.
  • Minimum of 5-7 years of experience in a finance leadership role, preferably with experience in commercial real estate.
  • 3-5 years of experience as a Controller, Director of Finance, or CFO strongly preferred.
  • Familiarity with such financial concepts as discounted cash flow analysis and internal rates of return.
  • Strong understanding of GAAP and real estate-related tax rules.
  • Proven experience in financial statement preparation and review.
  • Experience in cash forecasting and financial planning.
  • Excellent leadership and supervisory skills.
  • Strong analytical and problem-solving abilities.
  • Exceptional communication and interpersonal skills.
  • Ability to work effectively in a team-oriented environment.

Job Competencies:

  • Financial Acumen: Expertise in managing financial operations, including budget preparation, variance analysis, financial analysis, and strategic planning.
  • Attention to Detail: Ability to review and prepare accurate financial documents and workpapers.
  • Communication: Strong verbal and written communication skills to effectively collaborate with internal and external stakeholders.
  • Analytical Skills: Ability to analyze complex financial data and provide actionable insights.
  • Leadership: Demonstrated ability to lead and mentor a finance team, providing guidance and support to achieve departmental goals.
  • Problem-Solving: Skilled in identifying issues and developing effective solutions.
  • Real Estate Finance: In-depth understanding of real estate investment, including tax implications, CAM income calculations, and financial statement preparation.

This role offers a competitive salary commensurate with experience, comprehensive benefits package, and opportunities for professional growth. A collaborative and supportive work environment. The chance to work with a dynamic and innovative team in the real estate investment industry.If you are a strategic thinker with a strong financial acumen, we invite you to apply for this challenging position.

Job Type: Full-time

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday
  • Weekends as needed

Experience:

  • Accounting: 5 years (Required)

Ability to Commute:

  • Hanover, NH 03755 (Preferred)

Ability to Relocate:

  • Hanover, NH 03755: Relocate before starting work (Preferred)

Work Location: In person

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