Robert Half International VP of Finance in CLEVELAND, Ohio
Seeking VP OF FINANCE for a Real Estate, Construction, and development company. The VP of Finance will lead efforts to evaluate and structure debt through HUD, private construction and permanent loans and continuously innovate, finding new ways to reduce risk and maximize profitability to by leveraging the value of tax credits, tax exempt bonds, and other forms of construction period and permanent debt. We are looking for a VP OF FINANCE who is highly collaborative and someone with an entrepreneurial spirit who can own this positioned and process. Responsibilities for the VP OF FINANCE will include the following:
-Lead efforts to secure and structure equity for LIHTC multifamily development (acquisitions and new construction); develop and enforce requirements for LIHTC equity; lead negotiations on equity pricing, tax credit delivery, pay-in schedule, guarantees, terms of disposition, etc.;
-Conduct financial and strategic evaluations of financing options for development or recapitalization;
-Lead efforts to evaluate and structure debt through Fannie, Freddie, HUD, private construction and permanent loans;
-Continuously innovate, finding new ways to reduce risk and maximize profitability by leveraging the value of tax credits, tax exempt bonds, and other forms of construction period and permanent debt;
-Ensure projects meet defined underwriting criteria to secure approval at each stage of Investment Committee;
-As part of each stage of the Investment Committee process, review and comment on whether a given project meet the organization's profitability and underwriting requirements;
-Assist Developers, Project Managers and the legal counsel outside of Investment Committee in underwriting and structuring deals, maximizing value to the company, evaluating financial risks and key underwriting considerations related to due diligence
-Tax credit pricing, market risk, operating expenses, capital account, disposition, interest rate, etc.;
-Represent the company's financial interests through the financial closing of each project to ensure consistency with underwriting standards and business terms as evaluated and approved by Investment Committee;
-Develop, refine, and enforce standard underwriting criteria for 9% and 4% transactions;
-Continue to refine the corporate proforma as necessary; through this proforma, continue to refine and unify the lens through which the company evaluates financial outcomes; and
-Consider the disposition of current and proposed projects and determine how best to maximize the value
-Represent the company's interests and relationships with key investors, equity syndicators and lenders across all regions which the company operates.
Please email an updated resume to firstname.lastname@example.org for immediate consideration.
Bachelor of Accounting or Finance
Corporate Financial Planning
Experience with low income housing
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© 2020 Robert Half Finance & Accounting. An Equal Opportunity Employer M/F/Disability/Veterans.
Salary: $130,000.00 - $160,000.00 / Yearly
Location: CLEVELAND, OH
Date Posted: October 16, 2020
Employment Type: Full-time
Job Reference: 03340-0011573740
Staffing Area: Full-Time Accounting u0026 Finance