Vice President of Finance & Accounting

Job Description

Responsible for the capital structure of the organization.  Oversees development of policies and procedures relating to the Accounting Department. Responsible for all financial statement and tax return preparation.  Monitors cash management and payroll of consolidated entities. Analyzes property and company financial performance. Assists Regency in pursuit of its mission.

Experience/Knowledge:  Knowledge of finance and accounting normally acquired by a Bachelor's degree and a CPA certificate or an MBA. Additional professional credential of CFA or CCIM preferred. Experience in accounting or financial oriented business normally acquired during five or more years experience in a multiple entity accounting environment including journal entry through financial statement preparation, exposure to business loans, mortgages, budgeting, cash management, and accounting software. Ability to communicate well both verbally and in writing.  Strong finance, accounting, supervisory, organizational, and problem-solving skills.

DUTIES AND RESPONSIBILITIES:

1. Oversees development of policies and procedures related to the Accounting Department. Helps coordinate the functions of the accounting team with other departments.  Implements financial controls following recommendations from the company’s outside auditors as directed by the Board of Managers.

2. Oversees preparation and analysis of financial statements.

3. Leads and oversees capital planning including new and existing debt and equity under the direction of the CEO and Board of Managers.  Maintains relationships with lenders, solicits loans, and negotiates terms on behalf of the company.

3. Supervises the accounting staff including performance evaluations, initial interviewing, and training. Monitors staffing requirements.

4. Monitors the preparation of all payroll activity, including pay, tax deposits, workers' compensation audits, and all quarterly and annual tax reporting requirements.

5. Coordinates and reviews property and liability insurance billings and allocations.  Responsible for insurance risk management. 

6. Assists the CEO with preparation of financial analysis and projections for possible acquisitions and developments.  Actively watch for acquisition possibilities and prepare preliminary analyses.   

7. Reviews budget preparation, actual operations compared to budgets, future projections, and trends to track progress toward stated financial goals.  

9. Work with property sellers, buyers, attorneys, and title companies on all closing documents and requirements for acquisitions and dispositions. 

10. Manages cash balances, bank rates and charges, and coordinates cash activity.

11. Oversees work with independent auditors and tax preparers so that tax returns, investor K-1’s, and company audit reports are completed properly and on a timely basis. 

12. Analyze property tax levels and work on appeals when appropriate.   

13. Issue quarterly investor correspondence, distributions, and summary financial statements. 

14. Prepare informative and useful reports for quarterly Board of Managers meetings.

15. Completion of all required Grace Hill training.

16. Performs other duties as assigned.