What are the responsibilities and job description for the Chief Financial Officer position at The Carroll Companies?
ABOUT THE CARROLL COMPANIES
The Carroll Companies was founded over 40 years ago by Roy Carroll and his father. The company has grown into a successful collection of commercial and residential real estate development and property management companies. The combined companies now have over $5 billion in real estate assets and are still family-owned and headquartered in Greensboro, NC.
The companies’ real estate efforts include:
- Own and self-manage over 45 luxury apartment communities with over 13,000 apartments.
- Land development, construction, and sales of single-family homes.
- Own and operate over 30 wine and self-storage facilities.
- Own and operate one hotel with two more in development.
- Own and operate CenterPointe, luxury condominium homes.
- Own and develop industrial properties for lease and purchase.
- Commitment to visionary mixed-use projects; pipeline totals more than $500M.
- In-house construction company.
- The companies’ geographic footprint includes North and South Carolina, Florida, Tennessee, Texas, and Montana.
CHIEF FINANCIAL OFFICER
We are searching for an experienced CFO to join our senior leadership team. The CFO will lead the Finance and Accounting team and will be responsible for the companies’ finance, accounting, treasury, risk management, and information technology.
RESPONSIBILITIES
- Leadership – Lead team of approximately 25 professionals.
- Capital Markets - Provide strong leadership to the companies’ capital markets efforts, which include borrowing for construction and permanent loans, assessing interest rate protection options, negotiating loans and loan covenants. Develop and maintain relationships with a well-rounded group of bank partners.
- Accounting and Financial Reporting - Oversee the preparation of all monthly and annual financial statements, including income statements, balance sheets, management reports, and tax returns, for approximately 100 legal entities.
- Cash Management – Work with the company’s treasurer to manage cash and float effectively.
- Risk Management – Work with the company’s risk manager to ensure risks are understood and the comprehensive insurance program is cost effective. Creatively manage risk and support captive insurance companies.
- Compliance – Ensure support compliance of certain HR activities, including 401(k), self-insured medical plans, etc.
- Planning and Analysis – Support the company’s cash forecast needs and investment analysis.
REQUIRED SKILLS AND QUALIFICATIONS
- Track record of success in financial or accounting leadership roles
- Capital markets and borrowing experience
- Track record of leading and developing teams
- Strong work ethic and exceptional personal integrity
- Excellent verbal, written, and visual communication skills
PREFERRED SKILLS AND QUALIFICATIONS
- Master’s degree in accounting, business, or finance preferred
- CPA license is helpful but not required
- Real Estate or Construction experience is helpful but not required
The Carroll Companies is committed to fostering a diverse and inclusive workplace where all individuals are valued and respected. We believe that diversity is a source of strength and innovation, and we are dedicated to providing equal employment opportunities to all qualified candidates without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. We encourage applicants from all backgrounds to apply and join us in our mission to create a workplace that reflects the diversity of the world we serve. Together, we strive to build a culture that celebrates uniqueness, embraces differences, and ensures that every employee feels empowered to bring their authentic selves to work. Your talent is what matters most, and we are excited to welcome individuals from all walks of life to contribute their skills and perspectives to our dynamic team.
