Vice President, Real Estate Finance - Mark IV Capital : Job Details

Mark IV Capital is a privately held, growth-oriented real estate development and investment company headquartered in Newport Beach, CA focused on acquiring, developing, owning, and operating commercial real estate investments. The firm is seeking a Vice President, Real Estate Finance to join its finance team, working at our Newport Beach office.

Mark IV Capital values creativity and innovation and encourages its employees to develop solutions to the challenges we face. We respect and capitalize on our diverse attributes and abilities to maximize the effectiveness of the team. We support open communication and an informal, yet professional, work environment.

We offer competitive compensation, benefits, and opportunities for professional growth and development within a supportive and inclusive work environment.

The Vice President, Real Estate Finance is a leadership role within the Company that is responsible for all facets of property and development accounting and financial reporting functions. This individual will report to the CFO, work closely with executive management and asset management teams, and manage a department of real estate and operational accountants.

Essential Duties and Responsibilities: include the following. Other duties may be assigned.

• Manage the compilation and consolidation of Mark IV Capital Properties, Inc. financial reports, including but not limited to, basic financial statements, property operating statements, and property budgets.
• Manage the annual property budgeting process, including collaboration with regional asset management teams.
• Track risk and investment strategies, providing accurate reporting to executive team and regional SVP's, alongside tracking the overall financial health of Mark IV Capital Properties, Inc.
• Review of (and compliance with) legal documents, including but not limited to leases, vendor agreements, development and construction agreements, loan documents, and limited liability company (or partnership) agreements.
• Oversee accounting for fixed asset additions and dispositions, and depreciation under book and tax methodologies.
• Develop and implement accounting policies and procedures that adhere to governmental financial and tax regulations and comply with GAAP.
• Work closely and cohesively with asset management teams to provide superior service levels and reporting for each region to understand how they're contributing to the Company's bottom line.
• Manage the construction loan draw process for all development projects.
• Manage tenant receivables and accounts payable processes.
• Manage lender relations, communications, and reporting.
• Contribute meaningfully to the preparation of quarterly board meeting materials.
• Ensure Yardi Job Cost Yardi Construction Manager are running smoothly to track development and construction expenses accurately.
• Assist with special projects, including but not limited to preparing ad hoc reports and improving regional reporting.
• Consistently look for ways to gain efficiency within the team and the functional areas.

Supervisory Responsibilities:

Lead, manage and develop a department of senior and junior property accountants.

• Carry out supervisory responsibilities in accordance with the Company's policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning, and directing work; appraising performance; rewarding and correcting employees; addressing complaints and resolving issues.
• Use in-depth knowledge and understanding of accounting principles and best practices to develop accounting professionals.
• Ensure the team is adequately staffed to handle all reporting deadlines assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education / Experience

• Bachelor's degree in accounting required. Master's degree, preferred.
• 10+ years prior real estate accounting experience, including 5 years of management experience
• In-depth knowledge of financial benchmarking, accounting, audit and tax compliance and other regulatory matters.
• Adept in fiscal management principles and processes, including resource management and needs assessment.
• Possesses critical knowledge of federal and multiple state tax laws as well as basic accounting issues.
• Experience in consolidated financial reporting
• Experience leading and building teams
• Proficiency in Microsoft Office applications, with an emphasis in Excel
• Yardi GL and Job Cost experience a plus

Certificates, Licenses, Registrations

• CPA strongly preferred

Other Skills and Abilities

• Strong verbal and written communication skills
• Strong analytical and problem-solving skills
• Excellent organization and time management skills and the ability to prioritize workload
• Proven ability to work independently and collaboratively, maintain confidentiality, and produce a work product accurately with a high degree of attention to detail
• A true team player and leader with a customer service-oriented attitude
• Must be detail-oriented, flexible, and multi-task oriented
• Ability to follow directions from a supervisor
• Ability to interact well with co-workers, vendors, and clients
• Ability to understand and follow posted work rules and procedures
• Ability to accept construction criticism
• Ability to lead and manage others

Language Skills

Ability to read and interpret documents such as safety rules, operating instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of people.

Mathematical Skills

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages. Advanced accounting skills.

Reasoning Ability

Ability to apply commonsense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit. Repetitive hand/finger motion and close vision work are required due to the use of the computer and desk work. The employee must occasionally lift and/or move up to 15 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is generally quiet to moderate.

Comments

Goals and objectives to be established on an annual basis