Director of Finance

Job Title: Director of Finance

Classification: Exempt

Reports to: CEO

Summary/Objective

• This position is responsible for overseeing all financial aspects of Cadden Community Management, including budgeting, financial reporting, financial planning, cash flow management, and ensuring compliance with financial regulations
• This position is responsible for leading the accounting team, analyzing financial performance, and advising leadership on strategic financial decisions to maximize profitability and maintain financial stability
• This position is responsible for oversite of CCM’s Homeowner Association Management finance department, organizing the department’s deadlines, and interacting extensively with our clients.

Key responsibilities

• Financial Planning and Analysis:
• Work with CEO to develop and manage annual budgets, forecasting revenue and expenses
• Conduct financial modeling to evaluate potential business scenarios
• Analyze financial trends and identify areas for cost reduction and profit optimization
• Oversee the preparation of financial reports and be available for presentations for senior management and the board of directors
• Accounting Operations:
• Oversee day-to-day accounting functions including AP/AR, payroll, and general ledger
• Ensure accurate and timely financial reporting in accordance with accounting standards (GAAP)
• Manage internal controls to safeguard company assets and mitigate financial risks
• Leadership and Team Management:
• Lead and develop the finance team, including hiring, coaching, and performance evaluations
• Collaborate with other departments to ensure alignment with business objectives
• Compliance and Regulatory Oversight:
• Ensure adherence to all relevant financial regulations and accounting standards
• Manage external audits and coordinate with auditors

Essential Functions of HOA Accounting

• Supervise the bookkeepers, collection, AP, AR, statement, special projects and resale personnel
• Provide complete accounting support for Client Associations including AR, AP, General Ledger
• Review monthly financial reports in accordance with accepted accounting principles
• Field Board Member questions regarding reports
• Field questions from homeowners as needed regarding financial questions
• Formulate and publish accounting internal controls, company policies and procedures
• Review adherence to company best practices and procedures
• Provide staff training
• Act as a liaison between company and software provider, banks, payables lockbox, vendors
• Oversee audits, reviews, compilations and tax reporting

Essential Functions of Corporate Finance

• Implementation and utilization of payroll software
• Bi-monthly payroll input into QB from reports provided from payroll software
• Full cycle of accounting duties. Provide complete accounting support for Cadden Community Management including daily AR, AP, General Ledger, and Bank Reconciliations
• Code and enter vendor expense invoices, run checks, bill customers and clients, and prepare bank deposits, ensuring that the correct general ledger accounts are debited or credited accordingly
• Handles all of the company's banking needs, including reconciling monthly bank statements and monitoring cash flow
• Monthly reconciliation of intercompany expenses
• Review and publish monthly financial reports in accordance with accepted accounting principles
• Assist in budgeting
• Formulate and publish accounting internal controls, company policies and procedures
• Review adherence to Company best practices and procedures
• Facilitate audits, reviews, compilations and tax reporting
• Prepare annual 1099’s
• Assist tax CPA with annual tax preparation
• Analyze Company accounting records and provide cash flow management recommendations

Work Environment: This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, and printers/scanners. Programs such as Quick Books and Excel

Physical Demands: While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. The job requires long periods of sitting

Position Type/Expected Hours of Work

This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5:00 p.m.

Travel: No expected travel for this position

Required Education and Experience

Advanced financial modeling and analytical skills

Strong understanding of GAAP and relevant financial regulations

Excellent communication and presentation skills to convey complex financial information to non-financial stakeholders

Proven leadership and team management experience

5+ years of experience in budgeting, forecasting, and financial planning

Preferred Education and Experience:

Bachelor's degree in Accounting, Finance, or related field – Or equivalent work experience.

Certified Public Accountant (CPA) designation

Work Authorization/Security Clearance (if applicable): None required for this position

Other Duties: Duties, responsibilities and activities may change at any time with or without notice

Salary: $80,000

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