Chief Financial Officer (CFO)

Real Capital Solutions is a highly entrepreneurial Real Estate Investment Company pairing active capital with an emphasis on street level solutions. As an active investment management company sources deals in value-add, opportunistic and high barrier to entry markets. RCS is solutions oriented real estate company that focuses on Acquisitions, Development and Management for highly complex and structured real estate opportunities.

Summary:

The CFO is responsible for all financial and fiscal management aspects of HCS/elacora operations. Provide leadership and coordination in the business planning, capital management and budgeting efforts, and administration for an $800 million market cap private equity homebuilder with 24 active projects in 5 states. The homes are selling under the brand name “elacora”.

Key Accountabilities:

• Participate as a proactive member of the management team to develop and direct implementation of strategic business and/or operational plans
• Long term value creation of the elacora brand
• Establish and implement short and long range departmental goals, objectives, policies and operating procedures.
• Capital- debt & equity management
• Maintain and build new bank/lending relationships
• Manage & increase debt capacity to meet long term growth plans
• Communicate financial reporting to investors
• Develop and implement tactical plans to deploy equity in existing and new markets to optimize deal and business returns
• Overall financial responsibility for markets & divisions
• Work with the financial reporting team to create effective financial reports, special analyses, and informative management reports
• Oversee the approvals for revenue & expenditures to operate the business to its plans
• Reforecasting of cash flows for each community using financial and management information analyses, reports and recommendations
• Analyze financial statements, cash flow, cost controls, and expenses to guide management to improve financial performance
• Develop and track performance against annual and long term strategic plans, working with the homebuilding team to adjust strategies where needed to improve business results
• Overall responsibility for insurance and risk management

Qualifications

• Seven – 10 years of experience in private equity with homebuilding experience.
• Proven skills in managing the full capital stack for a business or division. Experience in reporting & managing equity and debt relationships.
• Demonstrated experience in a fast paced, results driven financial services/private equity company
• Demonstrated leader of strategic planning sessions and moving strategy into tactical execution
• Knowledge of contract, finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
• Knowledge of automated financial and accounting reporting systems as well as federal and state financial regulations.
• Expert negotiation skills with the ability to facilitate effective group meetings.
• Excellent communication skills both verbal and written.
• Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.
• Excellent interpersonal mastery skills.
• Bachelor’s Degree in Finance or Accounting, with a Master’s degree preferred.
• Ten years of experience in a senior-level finance or accounting position with a CPA designation desired.
• Advanced skill level in Microsoft office and demonstrated mastery of various ERP systems. RCS currently utilizes Builder MT, Sage, TM1, MRI

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 accommodations 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 stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

Work Environment

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

Company Culture and Working Conditions

Incumbent must demonstrate an attitude of “whatever it takes to get the job done” with an out of the box mentality. An intense commitment is required to achieve the goals and objectives of this organization and may involve occasional weekend and/or evenings to accomplish. The team consists of homebuilding and land development professionals working in a progressive, systems-oriented environment.