Job Description:

ROLE: Chief OperatingFinancial Officer LOCATION: Jersey City, NJ COMPANY DESCRIPTION: Our Client is a mid-size developer in Jersey City focusing on the Village and Hamilton Park neighborhoods. They purchase and develop buildings located on non-conforming lots in these neighborhoods, giving them a unique opportunity to begin an ambitious and successful development strategy to build family housing, business centers, and resources for the community. To date, they have either completed or are in the process of completing twenty- five multi-family and commercial projects. When our Client established themselves to develop in the area, they put their corporate headquarters in the neighborhood they were creating; to this day, they employ almost exclusively Jersey City residents and are committed to supporting the community in which they build.POSITION OVERVIEW: Our Client is looking for a hands-on Chief Financial Officer CFO) with a solid finance background to manage existing investments and bring new developments on board. This is an exciting opportunity to work for a growing real estate business primarily focused in rapidly growing downtown Jersey City. She will manage all aspects of day-to-day accounting and financial reporting on a property and project level and must possess a strong knowledge of real estate accounting in acquisitions, financing, and asset management, ensuring all monthly and quarterly accounting procedures are followed. The right candidate will also seek to continually systemize operations, working with the operations manager, bookkeeper, and construction managers, to ensure necessary financial information in real-time. This candidate will be responsible for running the entire operation by hiring appropriate support staff and allowing the on-site partner to focus on deal generation only. She must be a self-starter capable of working independently.POSITION SUMMARY:Financial Management:Develop and implement financial strategies, budgets, and forecasts to ensure the financial health and stability of the company.Oversee the financial reporting, analysis, and control processes, ensuring accuracy, compliance, and transparency.Manage financial risks and optimize cash flow, capital structure, and working capital.Monitor financial performance, identify areas for improvement, and provide strategic recommendations to the executive team.Collaborate with external stakeholders, including investors, lenders, and auditors, to maintain strong financial relationships and ensure compliance with regulatory requirements.Responsible for monthly reports for JV partners on development projects.Manage AP, AR, insurance, payroll, human resources processes, and employee benefits.Manage the budgets of each business or property and maintain a short and long-term view of the company and Principal's liquidity position.Strategic Planning:Contribute to the development and execution of the company's overall strategic plan and objectives.Conduct comprehensive market research and analysis to identify new business opportunities and potential risks.Evaluate potential investment opportunities, assess financial feasibility, and provide recommendations to the executive team.Drive business growth and expansion initiatives through strategic partnerships and development projects.Operational Excellence:Oversee the day-to-day operations of the company, ensuring efficiency, effectiveness, and alignment with organizational goals.Develop and implement operational policies, procedures, and systems to streamline workflows and enhance productivity.Collaborate with cross-functional teams to drive process improvements, cost reduction, and quality enhancement initiatives.Team Leadership:Build and lead a high-performing team, fostering a collaborative and inclusive work environment.Provide guidance, mentoring, and professional development opportunities to team members.Foster a culture of accountability, innovation, and excellence within the organization.Promote effective communication and collaboration across departments and levels of the organization. QUALIFICATIONS: Bachelor's degree in finance, accounting, business administration, or a related field. MBA or advanced degree preferred.Proven experience in a senior leadership role, preferably as a CFO, within the real estate development industry.Strong financial acumen and expertise in financial management, analysis, and -depth knowledge of real estate finance, investment analysis, and development feasibility studies.Solid understanding of business operations, strategic planning, and risk management.Excellent leadership, decision-making, and problem-solving skillsAbility to effectively communicate complex financial concepts to non-financial stakeholders.Strong interpersonal skills and the ability to build and maintain relationships with internal and external stakeholders.Demonstrated track record of driving business growth and operational excellence.