Position Overview:
The Chief Financial Officer (CFO) of Connecticut Real Estate is a pivotal member of the executive team, responsible for overseeing the financial health and sustainability of the company. The CFO will manage all aspects of financial planning, risk management, record-keeping, and financial reporting, ensuring that the company remains financially robust and strategically agile. This role is crucial for guiding the company’s financial strategy and supporting its long-term growth objectives.
Key Responsibilities:
- Financial Planning and Strategy:
- Develop and implement financial strategies aligned with the company’s business objectives.
- Oversee the preparation and management of budgets, forecasts, and financial models.
- Provide strategic recommendations to the CEO and executive team based on financial analysis and projections.
- Financial Reporting and Analysis:
- Ensure timely and accurate preparation of financial statements, including income statements, balance sheets, and cash flow statements.
- Present financial reports to the CEO, board of directors, and stakeholders, highlighting key metrics and insights.
- Conduct in-depth financial analysis to support decision-making and identify opportunities for improvement.
- Risk Management:
- Identify, assess, and manage financial risks, including market, credit, and operational risks.
- Develop and implement risk management policies and procedures to mitigate potential financial threats.
- Ensure compliance with financial regulations and standards to protect the company’s assets and reputation.
- Budgeting and Forecasting:
- Lead the annual budgeting process, working closely with department heads to develop realistic and achievable budgets.
- Monitor actual performance against budgets, identifying variances and implementing corrective actions as needed.
- Prepare long-term financial forecasts to support strategic planning and growth initiatives.
- Treasury and Cash Management:
- Manage the company’s cash flow to ensure sufficient liquidity for operations and investments.
- Oversee banking relationships and optimize the company’s capital structure.
- Implement cash management strategies to maximize returns on cash holdings.
- Investment and Financing:
- Evaluate and manage investment opportunities to support the company’s growth and expansion.
- Oversee fundraising activities, including debt and equity financing, to ensure adequate capital for strategic initiatives.
- Manage relationships with investors, lenders, and financial institutions to secure favorable terms and conditions.
- Accounting and Compliance:
- Oversee the accounting function to ensure accurate and timely record-keeping.
- Ensure compliance with accounting standards, tax regulations, and financial reporting requirements.
- Coordinate with external auditors to ensure successful completion of audits and address any issues or recommendations.
- Operational Efficiency:
- Implement financial systems and processes to improve efficiency and accuracy.
- Utilize financial technology and tools to streamline operations and enhance financial reporting.
- Monitor and control operating expenses to improve profitability and cost efficiency.
- Team Leadership and Development:
- Lead and mentor the finance team, fostering a culture of excellence, integrity, and continuous improvement.
- Provide training and development opportunities to enhance the skills and capabilities of the finance team.
- Promote collaboration and effective communication within the finance department and across the organization.
Qualifications:
- Proven experience as a CFO or in a senior financial leadership role, preferably within the real estate, construction, finance, or technology sectors.
- Strong knowledge of corporate financial law and risk management practices.
- Excellent knowledge of data analysis and forecasting methods.
- Proficient in the use of financial management software and tools.
- Strong leadership and organizational skills, with the ability to manage and motivate a high-performing finance team.
- Excellent communication and interpersonal skills, with the ability to effectively present complex financial information to non-financial stakeholders.
- Bachelor’s degree in finance, accounting, economics, or a related field (MBA or other advanced degree preferred).
- Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is a plus.
Opportunities:
As the CFO of Connecticut Real Estate, you will have the opportunity to:
- Shape the financial strategy and direction of a forward-thinking, employee-owned company.
- Play a critical role in supporting the company’s growth and expansion initiatives.
- Work closely with the CEO and executive team to drive strategic decision-making.
- Lead a talented finance team dedicated to achieving excellence and delivering value.
- Make a significant impact on the company’s financial performance and sustainability.
- Contribute to the transformation of the real estate industry in Connecticut through innovative financial practices.
Join us in building a financially robust and strategically agile company that sets new standards for excellence in the real estate industry. Together, we will create lasting value for our clients, our employees, and our community.
Opportunity for Founding Members
We are seeking dynamic and visionary professionals to join us as founding members of Connecticut Real Estate. This is a unique opportunity to be part of an innovative company from the ground up, shaping its future and reaping the rewards of its success. As a founding member, you will have:
- Equity Ownership: A significant stake in the company, aligning your success with the company’s growth.
- Leadership Role: An influential position in a fast-growing company, with the ability to shape strategies and make impactful decisions.
- Collaborative Environment: A supportive and entrepreneurial culture that encourages innovation and collective problem-solving.
- Career Growth: Opportunities for professional development and advancement as the company expands.
As we embark on this journey to build an unrivaled real estate empire, it’s essential that we recognize the immense talent and expertise gathered in this room. Each one of you brings a unique set of skills and experiences that will be instrumental in shaping the future of our company.
But let me be clear: this isn’t just about what the business can do for you. It’s about what you can do to make us stronger, more resilient, and more successful than ever before. We’re not looking for employees; we’re looking for partners. Partners who are willing to roll up their sleeves, dig in, and contribute everything they have to offer. Partners who understand that success isn’t handed to you—it’s earned through hard work, dedication, and unwavering commitment.
Every person in this room has the power to make a difference. Whether you’re an expert in construction, property management, marketing, or operations, your skills are needed. Your insights are invaluable. Your passion is contagious. But it doesn’t stop there. Each one of you is also a recruiter—a recruiter for our team, for our vision, and for our future. Every new person you bring on board adds depth to our bench, expands our network, and strengthens our capabilities. So, I challenge you to ask yourselves: What can I do to make us stronger? How can I leverage my talents, my expertise, and my connections to propel us forward? How can I be not just a contributor, but a catalyst for change?
Together, we have the power to build something truly extraordinary. Let’s seize this opportunity, let’s rise to the challenge, and let’s create a legacy that will endure for generations to come. By joining Connecticut Real Estate as a founding member, you are not just starting a job; you are building a legacy. Together, we will redefine the real estate experience in Connecticut, creating a company where employees thrive, clients succeed, and communities flourish.