Vice President of Finance and Accounting

We are seeking a Vice President of Finance and Accounting for a privately held, national real estate owner-operator focused on the acquisition, development, and management of Self Storage assets. Our main focus is off-market investments we believe offer stable cash flow and long-term appreciation opportunities in the Self Storage Industry. With nearly 25 years of combined experience in the Real Estate, Construction and Self Storage industries, we have established a reputation for superior performance derived from our core values of honesty, integrity and respect. 

This role is highly critical to the company, as this person will be a prominent role player and strategic business partner in the growth of the company.

Strategy, Planning and Management

• Act as Vice President of Finance and Accounting and strategic business partner to senior executive leadership team and principals.
• Develop finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction; establishing functional objectives in line with organizational objectives.
• Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.
• Provide financial insight and recommendations to both short-term and long-term growth plan of organization.
• Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate and make suggestions for automating processes and increasing working efficiency.
• Establish finance operational strategies by evaluating trends; establishing critical measurements; designing systems; accumulating resources; resolving problems; implementing change.
• Develop organization prospects by studying economic trends and revenue opportunities; projecting acquisition and expansion prospects, identifying opportunities for improvement, cost reduction, and systems enhancement; securing debt and equity capital to fund expansion.
• Communicate, engage and interact with CEO, CFO and Executive Leadership Team.
• Create and regularly update financial objectives that align with the company’s plan for growth and expansion.
• Select and engage consultants and auditors.
• Recruit, interview and hire finance and accounting staff as required.
• Serve as a key member of executive leadership team and round table discussions.
• Participate in pivotal decisions as they relate to strategic initiatives and operational models.
• Implement policies, procedures and processes as deemed appropriate by senior leadership team.
• Embrace company Core Values of Have Fun, Be Competitive, Have a Juvenile thirst for Learning and Face Your Fears.

Financial Analysis, Budgeting and Forecasting

• Monitor financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
• Report financial status by developing forecasts; reporting results; analyzing variances; developing improvements.
• Update job knowledge by remaining aware of new regulations; participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Accomplish finance and organization mission by achieving related goals and responsibilities.
• Prepare and present monthly financial reports including monthly profit and loss by asset, actual vs. budget by asset and cash flow by asset for main company as well as related companies.
• Full knowledge of Quick Books Online.
• Prepare and present monthly work in progress report.
• Review and analyze monthly financial results and provide recommendations.
• Identify, develop and execute analysis of business initiatives and new service offerings.
• Develop and maintain monthly operating budget and annual company operating budget.
• Manage financial planning and analysis. Supervise creation of reports, software implementation and tools for underwriting, budgeting and forecasting.
• Participate in meetings with Executive Leadership Team.

Accounting, General Ledger, Administration and Operations

• Supervise internal bookkeeping and external CPA personnel to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems.
• Review and ensure application of appropriate internal controls, compliance and financial procedures.
• Ensure timeliness and accuracy of financial and management reporting data for Executive Leadership Team and Investors.
• Oversee the preparation and communication of monthly, quarterly and annual financial statements.
• Oversee the preparation and timely filing of all local, state and federal tax returns.
• Oversee payroll and PEO to ensure and appropriate legal compliance.
• Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
• Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.
• Enhance and implement financial and accounting systems, processes, tools and control systems.
• Hire, develop and manage accounting directors, managers and staff as needed and approved by CFO.
• Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.
• Coordinate and strategize methods used to attain team goals with CEO and CFO.

Financial Management

• Manage cash flow planning process and ensure funds availability.
• Oversee cash, investments and asset management area.  Protect and secure confidential information; access to bank accounts, investor data, etc. 
• Coordinate with legal counsel to properly maintain all entities in compliance with local state and federal requirements.
• Oversee cost segregation studies, property tax protests and related vendors.
• Track and report individual asset performance against lender requirements.
• Analyze new investment opportunities and provide recommendations on potential returns and risks.
• Maintain outstanding banking and insurance relationships and strategic alliances with vendors, business partners, lenders and investors.
• Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s needs, plans and operating budgets.

Financial Relations and Policies

• Engage Executive Leadership Team to develop short and long term plans, projections and budgets.
• Represent company to banks, insurance carriers, financial partners, institutions, auditors and officials.
• Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management

• Mentor and develop a team: managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.
• Mentor and guide cross-divisional teams outside of direct span of control within the main company divisions.

Cash Management

• Prepare weekly cash management reports, receive approve for large payables, obtain check signatures and prepare large wires and ACHs for authorization.

The ideal candidate will have a minimum of 10 years financial experience working on a robust array of advanced, adaptable facilities that meet the increasingly complex needs of client and organization. Experience in leveraging banking and financial fund relationships is imperative.

Vice President of Finance and Accounting  — Position Requirements

• Bachelor Degree in Accounting, Finance or Economics or Related Experience
• MBA or Related Executive Level Experience
• 3 years minimum experience as VP of Finance in a medium ($50 million+) corporation or related experience.
• Multi-year experience in construction, Real Estate or Financial Institutions
• 10+ years total accounting or finance experience.
• Outstanding knowledge and understanding of banking relationships, loan and investment structures
• Ability to quickly learn and understand new accounting systems and software.
• Outstanding communication and presentation skills.
• Demonstrated leadership ability, confidence and executive presence — ability to motivate staff.
• Excellent analytical, reasoning and problem-solving skills
• Significant experience working with external auditors, internal controls and compliance-related issues
• Experience with legacy planning and wealth succession preferred

Job Type: Full-time

Location: Katy, Texas

Education:

• Bachelor Degree
• Master's Degree or Related Executive Level Experience