Job Description
Company Description
We are retained by a family office that owns and operates a $1.3B portfolio of real estate that includes: retail/industrial/senior housing/student housing properties nationally. The CFO or CIO will report to the Board of Directors that will include 4 family members and an advisor and will have the following responsibilities:
Role Description
This is a full-time on-site role for a Chief Financial Officer or Chief Investment Officer at our client. The position is located in Austin, TX. They will relocate someone to Austin. If the individual is currently a CFO they must have a investment heavy focus.
· In charge of Financial, Legal, Acquisitions, Asset Management and Human Resources for the company.
· All Department heads for Finance, Acquisition, Asset Management and Human Resources report to the CFO/CIO.
. Handle new acquisitions, including contract negotiation, legal, loan origination, review of financial analysis..
. Handle all Real Estate Development
. Responsible for all Raising of Capital
· Interface with outside CPAs, legal counsel and lenders.
· Responsible for origination of all new debt to finance acquisitions and/or refinances existing properties.
· Continually monitor and analyze the performance of the portfolio and optimize results considering cash flows and 10 year IRRs.
· Develop an annual capital distribution vs reinvestment strategies and present to the Management Committee.
· Coordinate the filing of all partnership tax returns with IRS.
· Develop and oversee insurance strategy for portfolio.
· Evolve strategies to minimize partners’ taxable income.
· Oversee employee compensation programs, including benefits.
· Ensure the timely preparation of quarterly and annual financial reports and presentations.