Job Summary:
The Senior Vice President of Finance will lead the financial operations of our growing construction and development organization. This individual will play a key leadership role in driving financial performance, managing risks, and ensuring the financial health of the company. The role is ideal for a CPA with strong affordable housing development and construction accounting experience, who can ensure accuracy, compliance, and efficiency across multiple entities and projects.
Responsibilities/Duties:
Accounting Leadership & Oversight- Lead, inspire, and develop a team of finance and accounting professionals, ensuring alignment with organizational goals while fostering a culture of collaboration, integrity, and continuous improvement.
- Ensure accurate and timely monthly, quarterly, and annual closes across all entities, including parent organization, development partnerships, and construction subsidiaries.
- Oversee cash management, accounts payable/receivable, and payroll.
- Evaluate and improve financial processes, systems, and internal controls.
- Lead the annual budgeting process and rolling forecasts.
- Monitor performance against budgets and identify areas for improvement.
- Prepare and communicate financial statements to stakeholders.
- Provide timely and accurate financial statements, job costing reports, and cash flow projections.
- Manage cash flow, financing, and working capital needs.
- Oversee relationships with banks, lenders, and financial partners.
- Lead accurate job cost accounting and reporting.
- Implement policies and procedures to safeguard company assets.
Compliance and Reporting- Ensure compliance with GAAP and regulatory requirements, including HUD, LIHTC, tax-exempt bonds, and state/local housing programs.
- Oversee annual audits, cost certifications, and tax filings for corporate entities and project partnerships.
- Ensure compliance with tax laws, insurance requirements, and industry regulations.
- Oversee audits and manage relationships with external auditors and consultants.
Operations and Strategy- Work closely with the Controller and accounting staff to ensure alignment and accuracy in financial operations.
- Partner with executive leadership to develop and execute long-term financial strategy.
- Provide data-driven insights and recommendations to support business growth and profitability.
- Work with the development team to create and track project budgets from inception to execution.
- Work closely with project managers and operations to track project budgets, costs, and profitability.
- Identify trends and provide proactive financial insights on underperforming projects.
Qualifications:
- Bachelor's degree in accounting or finance.
- CPA required.
- 10+ years of progressive financial leadership experience, with at least 5 years in construction or real estate development.
- Proven supervisory experience leading teams of 5 or more individuals.
- Strong background in affordable housing accounting (LIHTC, HUD, tax credit partnerships) and construction accounting.
- Proven experience working across multi-entity structures (LLCs, LPs, nonprofit affiliates).
- Solid experience with both general contractor (GC) financial processes and real estate development finance workflows.
- Extensive experience leading and managing accounting functions for housing development projects, including oversight of financial operations from predevelopment through completion and stabilization.
- Deep understanding of development accounting, budgeting, and reporting.
- Experience with construction ERP systems (e.g. Premier, Procore, etc.)
Relevant Skills/Abilities:
- Compliance-oriented – ensures accuracy and adherence to HUD, LIHTC, and audit requirements
- Strong written, verbal, presentation, and communication skills to convey complex financial information clearly to stakeholders, including investors, and employees.
- Skilled in identifying, analyzing, and solving financial problems for maintaining the company's financial health.
- Strategic thinker with hands-on operational experience
- Ability to build and maintain strong relationships with various stakeholders and to collaborate effectively.
- Strong leadership skills to guide and lead the finance team in supporting the overall organization.
- Make sound, high-stakes decisions that align with company goals while managing risks effectively, using strong analytical, problem-solving, and decision-making skills.
- Prioritize tasks and managing multiple responsibilities to meet deadlines without compromising quality.
- Proven ability to work cross-functionally in a fast-paced, project-driven environment.
Working Conditions:
The Senior Vice President of Finance will be based in the corporate headquarters in Yonkers,