Chief Financial Officer - Real Estate - CA

We currently have an urgent job opening for the position of Chief Financial Officer (CFO) with one of our clients, located at Surat.

Our clients : Our client is a privately-owned real estate company based out of La Palma, California, USA. In a short amount of time, they grew to 41 properties in total, amounting to 2,000+ units. Their business strategy is to find value-add deals both on and off-market. They started acquiring and managing multifamily assets in the San Fernando Valley. They have a strong focus on maximizing occupancy, and they also manage rent collection. Our clients are an in-house, fully integrated property management company. Their purchases range from medium to high leverage, and after combining with cash flow from renters, they target a premium rate of return for their investors.

Designation : Chief Financial Officer (CFO/CEO)

Qualification : MBA - Finance (Preferred from IIM Graduates or Top 15 MBA)

Experience : 10 Years

Location : Surat

Job Responsibility :

Accounting/Finance and Reporting :

- Ensure the proper functioning of all systems, databases, and financial software. Provide regular maintenance and backup of all accounting and operating systems with full protection of Cyber security.

- Review and ensure application of appropriate internal controls, and financial procedures.

- Hire staff such as Chartered Accountant as needed.

- Ensure timeliness and accuracy of financial and management reporting data.

- Oversee the preparation and communication of monthly, quarterly and annual financial statements.

- Oversee the preparation and timely filing of all local, state and federal tax returns.

- Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.

- Review all month-end closing activities including general ledger accounts, balance sheet accounts, Cash Flow, and overhead cost allocation.

- Assure conformity with professional accounting standards and best practices in accordance with US GAAP.

- Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

- Coordinate and strategize methods used to attain team goals and initiatives with directors and managers.

Financial and Cash Management :

- Manage the cash flow planning process and ensure funds availability and the maintenance of minimum required cash balances.

- Oversee weekly cash management, Accounts payables

- Maintain corporate banking relationships and strategic alliances with vendors and business partners.

Required Skills :

- Real Estate/Restaurant Accounting experience preferred

- Previous experience managing accounting functions and groups

- Experience in raising equity/debt from international banks

- Background coordinating with I.T. staff to manage and/or upgrade accounting system.

- Systems implementation experience strongly preferred.

- Financial Management Background.

- Business Acumen.

- Articulate Communication.

- Proactive Leadership.

- Performance Management.

- Problem Solving.

- Strategic & Analytical Thinking.

- Quick Decision-Making.

- Highly adaptable to new environments or challenges.

- Advanced Microsoft Excel skills.

Perks :

Bonus : Equity structure in the restaurant and/or real estate portions of the company.

Benefits :

- PTO based on accrual

- National holidays off

- VISA Sponsorship programs

- Travel reimbursement

- Company retreats

If you have any questions or concerns, please do not hesitate to contact us. Also, please feel free to forward this email to your friends and colleagues if you feel they might be interested in this position.

Thank you and hope to talk to you soon in more detail.