Vice President, Accounting
Summary
Oversees financial operations and accounting for a real estate developer, managing reporting, compliance, and strategic initiatives for luxury residential, office, retail, and hospitality projects.
The Company:
Extell Financial Services, Inc. (EFS) provides financial accounting & reporting, information technology, operations, and human resource services exclusively for Extell Development Company and its affiliates. EFS has been recognized six times as one of Kentucky’s Best Places to Work.
Founded and headed by Gary Barnett, Extell Development Company is a nationally acclaimed real estate developer of luxury residential, office, retail and hospitality properties operating primarily in Manhattan and other premier locations across the nation. Experiencing outstanding growth since its founding in 1989, this innovative company’s growing portfolio exceeds twenty-five million square feet.
Supervisory Responsibilities:
- Provides executive oversight of all financial operations for assigned development and operational portfolios, including accounting functions and reporting across staff levels (Assistant Vice Presidents, Managers, Assistant Managers, Senior Accountants, Staff Accountants, and other administrative staff, as required).
- Directs all month-end and year-end close activities and ensures timely and accurate reporting to executive leadership, lenders, investors, and business partners.
- Leads the accounting integration, organizational planning, and reporting strategy for acquisitions, new developments, and complex transactions.
- Establishes departmental objectives, performance standards, staffing strategies, and organizational development initiatives.
- Oversees annual filings and regulatory reporting requirements, including RPIEs, 1099s, and other required filings.
- Evaluates staffing requirements and organizational structure to support growth, operational efficiency, and succession planning.
- Provides leadership oversight of onboarding, employee development, and management training programs.
- Reviews and approves budgets, forecasts, and financial plans for assigned portfolios.
Summary of Non-Supervisory Responsibilities:
- Delivers strategic financial information and analysis to the Senior Vice President, President, executive leadership team, lenders, investors, and other key stakeholders.
- Acts as a trusted business advisor on complex accounting, financing, development, leasing, construction, acquisition, and operational matters.
- Provides strategic direction for accounting policies, reporting standards, internal controls, process improvements, system enhancements, and departmental initiatives.
- Oversees portfolio-level financial performance and proactively identifies risks, opportunities, and business trends affecting operations and development projects.
- Leads accounting support for complex transactions, financing arrangements, capital structures, acquisitions, dispositions, and other strategic initiatives.
- Ensures compliance with financial reporting requirements, lender agreements, investor requirements, company policies, and regulatory standards.
- Oversees audit coordination, tax compliance activities, and relationships with external auditors and CPA firms.
- Drives department-wide automation, standardization, continuous improvement, and operational excellence initiatives.
- Collaborates with executive leadership on strategic business planning, organizational growth, and long-term financial objectives.
- Other duties as assigned.