Director of Financial Reporting

Devco Residential Group

The Role

Overview

Lead financial reporting, accounting, audit, tax and Yardi systems for multifamily housing group.

Key Responsibilities

  • yardi reporting
  • yardi implementation
  • cash management
  • audit coordination
  • regulatory compliance
  • process improvement

Tasks

-Assess current reporting and systems, identify and implement opportunities for improvement. -Using Yardi, deliver credible and timely external and internal monthly and quarterly financial reports.In collaborationwith FP&A, present quarterly results to our ownership group and external stakeholders with analysis and implications for underlying businesses. -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. -Lead an ongoing implementation of Yardi Investment Accounting and Investment Manager and optimize utilization of Debt Manager module. -Partner with Corporate Controller in year-end Audit and Tax return preparation by coordinating with external accounting firms. -Review financials, partnership agreements, loan documents, etc. to accurately incorporate financial structures into reporting software. -Work cross functionally to communicate and present financial findings. -Responsible for compliance of all financial reporting requirements as outlined in partnership agreements, loan and regulatory agreements.

Requirements

  • cpa
  • bachelor
  • yardi
  • mri
  • real estate
  • team lead

What You Bring

-Demonstrated success in presenting financial findings with in-depth analysis about the impact to the business. -Experience gathering requirements and designing and delivering financial reports for internal and external use. -Experience leading capital calls with adherence to waterfalls distribution model. -Real Estate experience, Affordable Housing preferred. -Technically strong in Accounting, CPA preferred -Bachelor’s degree in Accounting or Finance -Deep understanding of Audit and Tax compliance -Experience in implementing and maintaining Yardi, or similar systems including MRI, Sage, Procore, Northspyre, Vena, including Investment Manager and Investment Accounting. -Experience managing Accounting teams with demonstrated success in an efficient, automated and compliant processes.

Benefits

-Eligibility for a 30% housing discount consideration. -Company paid life insurance, AD&D and long-term disability benefits for employee coverage. -100% company paid dental and vision benefits for employee coverage. -Best-in-class voluntary insurance benefits. -Employee assistance program (EAP) with 24/7 counseling services. -Discretionary bonus programs. -Over 90% company paid medical benefits for employee coverage. -Company-sponsored industry training and certifications. -Healthcare and dependent care flexible spending accounts. -3 weeks of paid time off each year. -Up to 12 paid holidays each year. -Pre-tax and Roth 401(k) programs with a company match equal to 100% of the first 4% contributed by the employee.

The Company

About Devco Residential Group

-Founded with a vision to redefine urban living through innovative development. -Focuses on creating vibrant residential communities and mixed-use developments. -Expert in transforming underutilized spaces into thriving, sustainable communities. -Operates across key metropolitan areas, with a strong emphasis on community-centric designs. -Projects span across residential, commercial, and retail spaces, blending functionality with style. -Known for its expertise in urban development and building spaces that foster connections. -A trusted partner in creating spaces that enhance lifestyles and promote long-term value.

Sector Specialisms

Multi-family Residential

Affordable Real Estate

Property Management

Construction

Real Estate Development

Real Estate Consulting

Facilities Management

Sustainability Solutions

Enterprise Services

Commercial

Industrial

Infrastructure

Trenchless Technologies

Horizontal Directional Drilling

Pipe Bursting

Vacuum Excavation

Environmental Solutions

Site Work