VP of Finance Chief Accounting Officer

Location: New York

* please note: to be considered for this role, applicants must submit materials directly to anne mccarthy at . Applications through this form will not be viewed. Thank you!

Background

Established in 1984, bfc partners is a full-service real estate development firm dedicated to creating community-first, urban development solutions in culturally rich neighborhoods. Providing affordable housing and mixed-use developments in order to strengthen and revitalize communities, the firm manages the entire development lifecycle, including land acquisition, community engagement, financing, design, construction management, and asset management. Based in new york city, bfc partners has delivered over 11,000 housing units, developed more than 2 million square feet of commercial and retail space, and 1 million square feet of community space, and preserved over 5,000 affordable housing units.

The company’s core values—pioneering progress, committing to community, staying affordable, sharing success, and being accountable—guide every aspect of its work.

The position

Bfc partners is seeking a skilled and seasoned financial professional to become its next vice president of finance/chief accounting officer (vp/cao). As a key member of the executive management team, the vp/cao will act as a trusted advisor to the partners and executive management team on all matters relating to the financial strategy and operations of the firm. The vp/cao will oversee all finance, accounting, budgeting, reporting, tax, payroll, treasury and hr functions and assume a key role in the overall management of the company.

Having established credibility within the organization and with lenders, the vp/cao will be a strong leader in driving continued profitability and establishing a best-in‑class finance and accounting function.

In addition, the vp/cao will serve a leading role in evaluating and supporting organic growth strategies, as well as assisting in the potential execution and integration of acquisitions. Bfc partners is seeking a candidate who understands the importance of culture, brand, and strategy and will work proactively to justify investments in those areas. The position requires a person who can implement and manage their responsibilities while being cognizant of bfc’s culture and core values of success.

Specific responsibilities

• proactively collaborate with the partners and senior leadership team to identify and drive the organization to achieve strategic and operational objectives;

• provide leadership, direction, and management of the finance, accounting, and human resources (hr) teams;

• elevate the finance function so that it adds value above-and-beyond accurate and timely financial reporting;

• provide tactical financial guidance and advise on strategic leadership decisions that affect the firm’s financial stability and continued success (e.g., the evaluation of potential alliances, acquisitions and/or mergers and investments);

• develop a reliable cash flow projection process and reporting mechanism which includes a minimum cash threshold to meet operating needs;

• evaluate the finance division’s structure and team and develop plans to continually improve the group’s efficiency and effectiveness while supporting employees’ professional and personal growth;

• evaluate and advise on the impact of long‑range planning, introduction of new programs/strategies, and regulatory action;

• develop and maintain key external strategic partnerships;

• oversee and ensure accurate and timely reporting to external constituencies and maintenance of data systems where necessary;

• forecast cash flow based on upcoming projects, expenditures, investments, and tax liabilities;

• oversee the project accounting department;

• prepare operating budgets and oversee financial reporting; coordinate the preparation of financial statements, financial reports, and project reports;

• review, analyze, and present to the management team the month‑end, quarter‑end, and annual financial statements;

• conduct monthly financial project review meetings with respective project management teams;

• oversee and review yearly audit and preparation of tax returns by external…