LBMC Staffing Solutions, LLC

Job List

Print Divider Print Divider Branding
  • Share this Job

VP of Finance

Location : Nashville, TN
Job Type : Direct
Hours : Full Time
Required Education : Bachelor's Degree
Travel : No
Relocation : No
Job Industry : Real Estate - Other
Job Category : Accounting/Finance

Job Description :

The Vice President of Portfolio Management and Finance is responsible for overseeing all financial activities related to the company's existing portfolio of real estate investments (Office, Multifamily, Residential, and Land) as well as all corporate finance functions. These responsibilities include accounting oversight, investor reporting, cash management, financing and disposition activities, and portfolio/asset analysis. 


 


Strategy & Operations



  •  Assist in managing the development of an annual asset strategy including establishing key objectives around leasing, rental rates, marketing, property improvements, operating expenses, cash flow projections, and financing transactions.

  • Organizing data and communication pertaining to owned assets both internally and externally to allow for quick and easy flow of information and quick decision making.

  • Run point on select financing processes for active investments. Reviewing documents, gathering due diligence information required from lenders, communicating with legal, communicating with partners, running required analysis.

  • Assist with dispositions, specifically around the financial analysis related to prorations, investor returns, and final distributions. Working closely with analysis and accounting colleagues to ensure accurate and timely final distributions and holdback amounts.


 


Finance/Accounting



  • Oversee accounting staff - both in-house and consultants - in all accounting matters regarding the investment portfolio and corporate accounting/results including taxes/K1s, cost segregation studies, property tax appeals, proper coding of transactions and variance to budget analysis.

  • Oversee/perform distribution reforecasts on a recurring basis for asset performance and market conditions.

  • Oversee the investor quarterly reporting process

  • Review financials monthly and report to partners on performance on an asset-by-asset basis.

  • Manage lender relationships including guaranty burndowns, debt covenants, draw requests, and reporting requirements.

  • Review potential tenant financials as needed when deciding if credit enhancement is needed on a deal.

  • Manage cash for all active investments ensuring enough cash is available to operate the asset effectively as well as distribute as much as possible to investors. Coordinating with internal and external accounting teams.


 


Acquisitions



  • Assist the deal team in starting the asset management process during the closing period to ensure efficient takeover and rapid implementation of value-add strategy.


 


Investor Relations



  • Track/manage all distributions and distribution communications monthly in conjunction with accounting and analysis staff.

  • Track/manage all capital calls and capital call communications as needed in conjunction with partners/accounting/analysis staff.

  • Answer investor questions on both existing and potential investments.


 


Other



  •  Investment Committee – assist in the flow of investment committee memos/agendas and ensure compliance to investment committee approved actions. 

  • Recruit, hire, train, manage/supervise and review performance of analysts, interns, and accountants.  Play a key role in helping establish and maintain the company’s culture and encourage employee engagement and camaraderie. 


 


Required Qualifications :

Degree in Accounting, Finance, Real Estate related field.  MBA or CPA preferred but not required.  10+ years progressive experience in the real estate industry. 


 
Powered by AkkenCloud