Chief Financial Officer Job at BH Properties, Los Angeles, CA

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  • BH Properties
  • Los Angeles, CA

Job Description

CHIEF FINANCIAL OFFICER                                                           

COMPANY

BH Properties is a p ri v ately held c o m m e rcial r e al es t ate i n v e s t m e nt f irm f ocu s e d on value-add a cqui s itions in office, industrial, retail, and mult i - f am i ly prop e rties throughout t h e W es tern U nited Stat e s, along with investments in distressed debt, ground leases and affordable housing.  The Company is vertically integrated, with offices in Los Angeles, San Francisco, Seattle, Phoenix, Dallas, and Houston. Our 31-year track-record and balance sheet allow us to move quickly and creatively, structuring acquisitions to satisfy seller needs in a highly competitive market.  Today, the Company owns nearly 100 properties representing approximately 10M square feet across 18 states.

LOCATION

Los Angeles, CA
 
R ESPONSIBILITIES

T his role will be highly visible and integral to the financial management of the Company, working with and supporting other departments including Finance, Asset Management and Acquisitions. 
 
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.
  • 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.
  • Assist in managing the balance sheet and revenues / expenses of the Company.
  • Explore new investment opportunities and provide recommendations on potential risks and returns.
  • 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 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.
  • Likely candidate will have come through an accounting or finance background with an understanding of real estate debt markets & financing
  • 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 consideration, please submit resume with salary expectations. Resumes submitted with salary requirements will be considered first.

Job Tags

Full time, Temporary work, Work at office,

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