Director of Accounting, Finance & Strategy

Terrene is a real estate developer, owner, operator and management company based in Bellevue Washington. Our firm’s primary focus is on single family residential assets on the Eastside of King County. Since 2009, we have completed over $150 million worth of development projects diversified across multi-family, plat development, single family housing and mixed‑use assets and returned over $34M in equity value.

Today we have over $320 million in real estate development in progress across over 20 projects and 250 units.

Director of Accounting, Finance & Strategy is a keystone role at Terrene Homes, as this position has responsibility for keeping all financial reporting, project performance, cash flow management, and capital coordination aligned with the Company’s development strategy and execution objectives.

• Supervise the accounting department to ensure the proper functioning of all systems, financials, databases and financial software.
• Provide regular maintenance and backup of all accounting systems and supervise company financial staff.
• Review and ensure application of appropriate internal controls, GAAP compliance and financial procedures.
• Ensure timeliness and accuracy of financial and management reporting data.
• Oversee the preparation and communication of quarterly and annual consolidated financial statements.
• Drive quarterly reporting for investor / equity partners.
• Oversee the preparation and timely filing of all local, state and federal tax returns.
• Oversee Human Resources to ensure appropriate legal compliance as well as manage Employee Benefit packages (Health Insurance, 401K, 401K Company Match) and onboarding.
• Drive all month-end closing activities including general ledger accounts, balance sheet accounts, WIP, project cost analysis, and master debt schedule.
• Enhance and implement financial and accounting systems, processes, tools and control systems.
• Hire, develop/mentor and manage accounting staff.
• Serve as a key point of contact for external auditors and CPA firm;
  Prepare and oversee all external audits and tax preparation.
• Manage the formation and registration of SPE LLC’s (SOS, EIN, Bank Accounts, Operating Agreement, Form Reg D filing).
• Generate Billing for Development Manager & maintain annual revenue projections.
• Oversee the annual insurance policy renewal, generate quarterly insurance reporting and comply with the annual insurance audits.

• Prepare and present monthly financial budgeting reports including monthly Work In Progress (WIP), profit and loss, forecast vs. budget and weekly cash flow.
• Review and analyze monthly financial results and provide recommendations.
• Develop and maintain monthly operating budget and annual company operating budget.
• Oversee financial planning and underwriting department. Validate tools for budgeting and forecasting used for project acquisitions.
• Implement tax planning strategy for the company, project entities and Partners.
• Review underwriting analysis of new projects to determine highest and best yield for Investors and Partners.
• Review and approve project proformas for new acquisition opportunities.
• Manage cash flow process against debt schedule to ensure funds availability for project costs.
• Represent company and the relationships with banks, financial partners, institutions, investors, public auditors and officials.
• Remain current on audit best practices as well as state, federal and local laws regarding company operations.
• Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs.

• Uphold the position as Director of Accounting, Finance & Strategy and strategic business partner to the Partners and Leadership Team.
• Assess and evaluate financial performance of organization regarding long-term operational goals, budgets, proformas and forecasts.
• Provide insight and recommendations to both short-term and long-term growth plan of organization.
• Communicate, engage and interact with Partners and Leadership Team.
• Create and establish yearly financial objectives that align…