Chief Financial Officer

BH Properties; Los Angeles (CA); On-site; USD 225,000 - 300,000; Full time

Job summary

A leading company in commercial real estate seeks an experienced Chief Financial Officer. This role involves managing financial operations, ensuring compliance, and providing strategic financial insights while working closely with internal teams. Ideal candidates will possess extensive experience in finance related to real estate investments and have strong leadership skills.

Benefits

Excellent compensation package

Opportunity for growth and development

Qualifications

• 15+ years of experience in real estate accounting or related field.
• Strong work ethic and ability to prioritize and multi-task.
• Familiar with 1031 Exchange process.

Responsibilities

• Manage cash flow projections ensuring availability of funds.
• Assist in managing Company relationships with banks and financial partners.
• Prepare and participate in financial presentations to banks.

Skills

Organizational skills

Confidentiality

Communication

Ability to work independently

Team player

Education

Undergraduate degree in accounting or business

CPA

Graduate degree

Tools

Yardi software

Microsoft Office Suite

Job description

CHIEF FINANCIAL OFFICER www.bhproperties.com

COMPANY

BH Properties is a privately held commercial real estate investment firm focused on value-add acquisitions in office, industrial, retail, and multi-family properties throughout the Western United States, along with investments in distressed debt, ground leases and affordable housing. The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Phoenix, Dallas, and Houston. Our 31-year track-record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market. Today, the Company owns nearly 100 properties representing approximately 10M square feet across 18 states.

LOCATION

Los Angeles, CA

RESPONSIBILITIES

This role will be highly visible and integral to the financial management of the Company, working with and supporting other departments including Finance, Asset Management and Acquisitions.

DUTIES:

• Manage cash flow projections ensuring availability of funds.
• Assist in managing Company relationships with banks, institutions and other financial partners along with assisting in identifying new lending sources.
• Participate with the Company’s in-house finance team on all financings being considered.
• Ensure timeliness and accuracy of financial reporting to banks and other financial partners.
• Ensure compliance with loan covenants.
• Prepare and participate in financial presentations to banks and other financial partners.
• Propose action plans to ensure that financial objectives are attained.
• Assist in managing the balance sheet and revenues / expenses of the Company.
• Explore new investment opportunities and provide recommendations on potential risks and returns.
• Work with the senior leadership team in the preparation of the long-term financial goals, annual plans, budgets and projections.
• Leverage on past and existing networks to provide insight and recommendations to manage both short-term and long-term goals of the Company.
• Assist in developing a capitalization strategy for new acquisitions and existing owned assets.
• Create strategic initiatives that generate additional opportunities for the company through external relationships, which may include speaking engagements, and participation in select industry organizations/entities.
• Assess financial risks and recommend strategies to mitigate those risks.
• Respond to financial related questions from lenders, and other stakeholders.
• Partner with other internal departments to ensure that communications and presentation materials are accurate.
• Ensure budget and forecast models are accurate.
• Execute special projects and ad hoc analyses as needed.

QUALIFICATIONS:

• Undergraduate degree required in accounting or business-related field
• Both a CPA and graduate degree a plus
• 15 + years of experience in real estate accounting or related field.
• Likely candidate will have come through an accounting or finance background with an understanding of real estate debt markets & financing
• Familiar with the 1031 Exchange process
• Experience in Yardi software a plus
• Demonstrated ability to maintain confidentiality
• Strong organizational skills, including the ability to prioritize and multi-task
• Advanced knowledge of Microsoft Office Suite, including Word, Excel, and Outlook
• Ability to communicate effectively and professionally within all levels of the organization and externally with lenders and other outside parties
• Ability to work independently and with minimum supervision
• Ability to work in a fast-paced entrepreneurial environment
• Must possess a strong work ethic
• Must be a team player
• Travel required (10%)

COMPENSATION

$225,000-$300,000

We offer an excellent compensation package, an exciting opportunity, and the chance to grow and develop with a well-capitalized entrepreneurial investment group. For consideration,please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.