Chief Accounting Officer | Real Estate
Account Manager
Charlotte North Carolina Direct Hire May 8, 2024
Chief Accounting Officer

Our client, a mid-sized Residential and Commercial Real Estate company in Charlotte is seeking a CAO to manage the Corporate Accounting team, as well as provide leadership and support to its 5 entities. With this organization being around 300 employees, this leader will wear many hats work closely with C-level Executives, while playing an integral role in strategic decision-making across the organization.  

Compensation: $225,000 - $260,000 + bonus 
Location: Charlotte, NC (South Park area) 
Schedule: Hybrid (4 days on site, 1 day remote) 

Responsibilities:
  • Manage the Corporate Accounting team, including Corporate Staff and Senior Accountants, Treasury Accountants, and Accounts Payable Specialists.
  • Oversee month-end closing process for each entity including bank reconciliations, supporting all balance sheet accounts, recording accruals, adjusting journal entries, and analyzing results.
  • Present company financials and operating results to executive leadership team and investors. 
  • Provide financial inputs to the company’s Net Equity Value and manage the valuation of common threshold interests including multiple share classes, private-equity partner warrants, distributions, and accrued returns.
  • Assist with creating and implementing policies and procedures, and identify, resolve, and document accounting and operational issues. 
  • Manage consolidated annual audit and tax matters.
  • Manage the formulation of budgets and forecasts and preparation of variance analyses.
  • Assist CFO in developing and performing timely analysis and reporting on operational performance as it relates to the business activities and trends.
  • Manage network of accounting systems and partners that scale with the growth of the brand.
  • Interface with external auditors/internal stakeholders to execute and lead year-end consolidated external audits.
  • Manage centralized Treasury division to control company liquidity, manage a wide network of banking relationships, and implement a system of cash management controls.
  • Partner in acquisition/divestiture of subsidiaries by providing expertise on financial implications of the transaction.
  • Drive maturation process of post-acquisition integration function by developing integration playbooks across multi-department and function groups. 
  • Build scalable integration function to continue M&A growth.
Qualifications: 
  • Bachelor's degree in Accounting or Finance 
  • Must have a CPA certification 
  • At least 8+ years progressive accounting experience within the Commercial Real Estate industry, including extensive Corporate Accounting experience
  • Experience in private equity backed environments with vertical integrations
  • Strong proficiency with Yardi Software
  • Advanced Excel skills, including the ability to design, develop, and utilize effective spreadsheets and financial models
  • Tax Preparation experience for investor relations
  • Experience with Loan Boss, Vendor Café, P2P, Service Channel, and/or Concur a plus
Category Code: JN001, JN005