Builder Finance Manager

Cornerstone Capital Bank

$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Strong understanding of technology in practice and theory.
  • Exceptional organizational skills with a keen attention to detail.
  • Advanced proficiency in Microsoft Excel and other Office applications.
  • Superior analytical skills with the ability to handle multiple priorities in a fast-paced environment.
  • Knowledge of mortgage industry and financial concepts related to mortgages.
  • 5 years of experience in Financial Planning and Analysis.
  • 5 years of experience in mortgage sales, secondary markets, and financial modeling.

Responsibilities

  • Support managers by providing and presenting financial insights.
  • Translate complex data into understandable and actionable information.
  • Model financial scenarios to help recruit Loan Originators.
  • Assess market opportunities to advise on compensation for recruits.
  • Oversee the creation and management of compensation agreements and monthly reporting.
  • Advise on profitability dynamics for current branches and coordinate product margins.
  • Develop and maintain financial reporting tools and dashboards for management visibility.
  • Prepare accurate financial reports and key performance indicators for compensation.
  • Act as a representative for builder division joint ventures, providing financial support.
  • Lead annual budgeting and mid-year forecasting processes.

Benefits

  • Medical, Dental, and Vision insurance.
  • Accidental Death and Long-Term Disability coverage.
  • Paid Short-Term Disability benefits.
  • Flexible Spending Account (FSA) and Health Savings Account (HSA).
  • 401K retirement plan with company match.
  • Basic and Voluntary Life insurance options.
  • Paid Parental Leave.
  • Opportunity for performance-based bonuses.
Full Job Description
Who we are looking for:

The Builder Finance Manager is responsible for driving the financial performance of a builder entity, as well as long-term growth strategies. Accountable for annual budgeting and key performance indicator monitoring while guiding management with data-driven financial decisions that enhance profitability and strengthen builder relationships.

What you'll do:
•Support Velocio managers by summarizing, presenting, and advising on all financial aspects.
•Translate complex financial data into actionable insights that inform decision-making, improve performance, and drive profitability.
•Partner with company managers in recruiting efforts for Loan Originators by modeling financial scenarios, assessing market opportunities, and advising on compensation.
•Provide insight into long-term profitability and capture potential to ensure successful, sustainable recruiting decisions.
•Responsible for company compensation, from the initial creation of the agreements, changes in salaries and/or base cost centers, through the approval of the monthly commission, incentive, and override reports.
•Model current branches to advise on profitability dynamics and then coordinate product margins and commission rates for each market.
•Design, implement, and maintain financial reporting tools and dashboards for all levels of management to provide visibility into key dynamics.
•Responsible for the preparation and accuracy of financial reporting and KPI's for compensation purposes.
•Act as a CHL representative for builder division joint ventures (10+), presenting all necessary financial reporting and support.
•Lead the annual budgeting process and mid-year forecasting, combined with working with senior management and joint venture shareholders to develop strategic business decisions.
•Provide ad hoc analyses and reports to respond to emerging business needs from management
•Perform other duties as assigned.

What you'll need to be successful:

Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications:
•Strong understanding of technology, both theory and in practice.
•Strong organizational skills, and detail oriented.
•Excellent Microsoft Office skills, in particular Excel.
•Superior analytical skills and ability to manage multiple priorities simultaneously in a fast-paced and deadline-driven environment.
•Knowledge of mortgage industry and financial concepts associated with mortgages.
•This position requires 5 years of experience in Financial Planning and Analysis
•This position requires 5 years of experience in mortgage sales, secondary, and financial modeling.

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, Medical, Dental, Vision, Accidental Death, Long-Term Disability, Short-Term Disability, FSA, HSA, 401K, Basic Life, Voluntary Life, and Paid Parental Leave benefits, as well as the opportunity for a performance based bonus based on position and department.

What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.

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