Director of Finance And Accounting
Morrison Avenue Capital Partners, Town 'n' Country, FL, United States
Summary
Morrison Avenue Capital Partners, a leading Southeast multifamily and student real estate investment firm, seeks an experienced Director of Finance to lead the firm’s accounting and finance team.
Job Title: Director of Finance/Senior Controller
Executive Reports To: Chief Executive Officer
Location: Tampa, Florida or Mobile, Alabama
Compensation: Competitive, Candidate Specific
Location: Tampa or remote, Candidate Specific
Overview The Director of Finance/Senior Controller will lead the firm’s accounting, finance, treasury and budgeting efforts. As a key member of the executive team, the candidate will work closely with the CEO and Partner to participate in and support pivotal decisions related to strategic initiatives. The candidate will be responsible for all aspects of financial reporting: corporate and operational planning, budgeting, forecasting, analysis, treasury, vendors, governance, and insurance as well as overseeing cash flow projections, budgets, and analysis with a focus on accurate and timely tax reporting. The candidate will also be responsible for reviewing and approving GAAP reporting on our flagship proprietary equity funds and managing the tax and audit responsibilities of that fund.
Key Responsibilities
Oversee organizational budgeting, accounting, and cash management to ensure accurate reporting, interpretation, and analysis of financial results.
Manage processes surrounding the accuracy, timeliness, and delivery of property level tax reporting.
Supervise the preparation of the monthly and annual corporate consolidated financial statements and tax returns.
Review property financials and tax returns prepared by third party property management firms.
Establish and maintain controls to safeguard assets; document and recommend improvements to internal financial policies and procedures.
Manage and monitor the organization's cash flow and capital needs.
Supervise the accounting staff on daily operations, including but not limited to, month and year end closes, accounts receivable & payable, financial reports, intercompany reconciliations, payroll, invoicing, cash receipts and disbursements.
Maintain corporate liability and insurance policies.
In conjunction with the asset management group, ensure that equity draws, project cost reports and other reporting to investors are completed accurately and timely.
Education and Experience Required
At least five years of demonstrated finance and accounting experience, with at least three years' experience as Director of Finance, Senior Controller, or similar.
CPA preferred.
Knowledge and experience with real estate accounting and finance required with experience in multifamily housing a plus.
Demonstrated experience with accounting systems (Netsuite, Juniper Square, etc.).
Demonstrated ability to prepare clear, accurate, well-organized written and financial reports and to communicate verbally in an effective and concise manner.
Proficient in Microsoft Office, accounting software programs with YARDI preferable, and network administration.
About Us Morrison Avenue Capital Partners is a real estate investment firm specializing in multifamily development and acquisitions in the Southeast. Our tenured team leverages a data-driven approach to unlock actionable opportunities and deliver superior risk-adjusted returns to our investors. Founded in 2012, Morrison Avenue has raised over $350 million of equity across more than $1 billion of assets. For more information, visit www.morrisonavenuecapital.com.
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Job Title: Director of Finance/Senior Controller
Executive Reports To: Chief Executive Officer
Location: Tampa, Florida or Mobile, Alabama
Compensation: Competitive, Candidate Specific
Location: Tampa or remote, Candidate Specific
Overview The Director of Finance/Senior Controller will lead the firm’s accounting, finance, treasury and budgeting efforts. As a key member of the executive team, the candidate will work closely with the CEO and Partner to participate in and support pivotal decisions related to strategic initiatives. The candidate will be responsible for all aspects of financial reporting: corporate and operational planning, budgeting, forecasting, analysis, treasury, vendors, governance, and insurance as well as overseeing cash flow projections, budgets, and analysis with a focus on accurate and timely tax reporting. The candidate will also be responsible for reviewing and approving GAAP reporting on our flagship proprietary equity funds and managing the tax and audit responsibilities of that fund.
Key Responsibilities
Oversee organizational budgeting, accounting, and cash management to ensure accurate reporting, interpretation, and analysis of financial results.
Manage processes surrounding the accuracy, timeliness, and delivery of property level tax reporting.
Supervise the preparation of the monthly and annual corporate consolidated financial statements and tax returns.
Review property financials and tax returns prepared by third party property management firms.
Establish and maintain controls to safeguard assets; document and recommend improvements to internal financial policies and procedures.
Manage and monitor the organization's cash flow and capital needs.
Supervise the accounting staff on daily operations, including but not limited to, month and year end closes, accounts receivable & payable, financial reports, intercompany reconciliations, payroll, invoicing, cash receipts and disbursements.
Maintain corporate liability and insurance policies.
In conjunction with the asset management group, ensure that equity draws, project cost reports and other reporting to investors are completed accurately and timely.
Education and Experience Required
At least five years of demonstrated finance and accounting experience, with at least three years' experience as Director of Finance, Senior Controller, or similar.
CPA preferred.
Knowledge and experience with real estate accounting and finance required with experience in multifamily housing a plus.
Demonstrated experience with accounting systems (Netsuite, Juniper Square, etc.).
Demonstrated ability to prepare clear, accurate, well-organized written and financial reports and to communicate verbally in an effective and concise manner.
Proficient in Microsoft Office, accounting software programs with YARDI preferable, and network administration.
About Us Morrison Avenue Capital Partners is a real estate investment firm specializing in multifamily development and acquisitions in the Southeast. Our tenured team leverages a data-driven approach to unlock actionable opportunities and deliver superior risk-adjusted returns to our investors. Founded in 2012, Morrison Avenue has raised over $350 million of equity across more than $1 billion of assets. For more information, visit www.morrisonavenuecapital.com.
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