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HNN Communities · 1 month ago

Director of Financial Reporting

Bellevue, WA, USA

Full-time

Onsite

Director/Executive

$175K/yr - $190K/yr

DevCo Residential Group is an integrated development and investment company focused on multi-family communities. They are seeking a Director of Financial Reporting to manage the production of financial reporting and ensure compliance for the DevCo family of companies. This role involves collaboration with the Accounting and Finance team, presenting financial results, and optimizing reporting systems.

Property ManagementReal EstateReal Estate Investment

Comp. & Benefits

Responsibilities

Using Yardi, deliver credible and timely external and internal monthly and quarterly financial reports

In collaboration with FP&A, present quarterly results to our ownership group and external stakeholders with analysis and implications for underlying businesses

Responsible for compliance of all financial reporting requirements as outlined in partnership agreements, loan and regulatory agreements

Assess current reporting and systems, identify and implement opportunities for improvement

Lead an ongoing implementation of Yardi Investment Accounting and Investment Manager and optimize utilization of Debt Manager module

Review financials, partnership agreements, loan documents, etc. to accurately incorporate financial structures into reporting software

Partner with Corporate Controller in year-end Audit and Tax return preparation by coordinating with external accounting firms

Lead monthly cash calls providing oversight for cash distributions, adhering to waterfall structures that drive the priority of distributions

Partner with the Corporate Controller to document and improve accounting policies, procedures and internal controls to maximize efficacy of software systems

Work cross functionally to communicate and present financial findings

Qualification

CPAYardiAccountingReal Estate experienceAudit complianceTax complianceFinancial reportingTeam managementPresentation skills

Required

Bachelor's degree in Accounting or Finance

Technically strong in Accounting, CPA preferred

Real Estate experience, Affordable Housing preferred

Experience gathering requirements and designing and delivering financial reports for internal and external use

Demonstrated success in presenting financial findings with in-depth analysis about the impact to the business

Experience in implementing and maintaining Yardi, or similar systems including MRI, Sage, Procore, Northspyre, Vena, including Investment Manager and Investment Accounting

Deep understanding of Audit and Tax compliance

Experience managing Accounting teams with demonstrated success in an efficient, automated and compliant processes

Experience leading capital calls with adherence to waterfalls distribution model