BH Properties

Chief Financial Officer

BH Properties$225K — $300K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Undergraduate degree in accounting or business-related field required.
  • CPA and graduate degree preferred.
  • 15+ years in real estate accounting or similar role with a focus on multi-family operations.
  • Experience with FANNIE and FREDDIE MAC loan processes required.
  • Familiarity with the 1031 Exchange process is a plus.
  • Proficiency in Yardi software advantageous.
  • Strong organizational skills and ability to multi-task.

Responsibilities

  • Manage cash flow projections to ensure fund availability.
  • Assist in maintaining financing relationships with banks and institutions.
  • Participate in all financings with the in-house finance team.
  • Ensure accurate and timely financial reporting to partners.
  • Ensure compliance with loan covenants and prepare presentations.
  • Work with senior leadership on long-term financial goals and budgets.
  • Assess financial risks and recommend mitigation strategies.

Benefits

  • Excellent compensation package.
  • Opportunity for growth within a well-capitalized entrepreneurial investment group.
Full Job Description
CHIEF FINANCIAL OFFICER www.bhproperties.com
www.livehavenhousing.com

LOCATION

Los Angeles, CA

RESPONSIBILITIES

This role will be highly visible and integral to the financial management of the Company, initially focused on Haven Housing as the Company continues to scale growth in the multi-family and affordable housing sectors.

Essential 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 focused on the residential sector.
  • 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.
  • 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 is 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 with experience in multi-family operations and financial reporting
  • Experience with both FANNIE and FREDDIE MAC loan process / programs
  • Likely candidates will have come through an accounting or finance background
  • 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 immediate consideration please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

About BH Properties

BH Properties is a real estate investment firm that specializes in the acquisition, management, and disposition of distressed and value-add real estate assets. The company was founded in 1997 and is headquartered in Los Angeles, California. BH Properties has a diverse portfolio of properties, including office, retail, industrial, and multifamily properties. The company is committed to creating value for its investors through strategic acquisitions and asset management.
Learn more about BH Properties
Size
50 employees
Industry

Similar Jobs

More Jobs at BH Properties

  • BH Properties
    Asset Manager
    $80K — $120K *
    Plano, TX 75025 (Collin County)
    Real Estate & Construction
    In-Person
  • BH Properties
    Senior Controller
    $170K — $220K *
    Los Angeles, CA 90011 (Los Angeles County)
    Real Estate & Construction
    In-Person
  • BH Properties
    Property Manager
    $90K — $110K *
    San Diego, CA 92154 (San Diego County)
    Real Estate & Construction
    In-Person

More Finance & Insurance Jobs

Find similar Chief Financial Officer jobs: