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Job Description
Gallo Companies, a Macomb County based, high-growth builder, owner and manager of multi-family and commercial developments, is seeking a Chief Financial/Operating Officer (CFO/COO) with extensive experience in the multi-family and construction industries.
The CFO/COO will play a pivotal role in driving the day-to-day financial and operational success of the organization, reporting directly to ownership. This senior leadership position requires a strategic/critical thinker with a proven track record in financial and operations management, internal control, process improvement/compliance, reporting, financial and construction budgeting, WIP, construction draw accounting, as well as strong HR/leadership capability. The CFO/COO will oversee daily operations, monthly and annual financial operations, implement effective strategies, and ensure alignment with the company’s goals and objectives. Core business operations include real estate investment, property management and construction.
At Gallo Companies, we are customer service driven, building upscale multi-family housing developments. Our properties are positioned as a premier style of living in the communities in which they reside, and we are looking for a positive, motivated member to join our rapidly growing team.
Duties
- Supervise accounting staff
- Oversight/review of cash disbursements runs
- Monitoring of monthly collections - commercial and residential multi-family
- Updating and monitoring of cash position, capital needs analysis
- Review of delinquency and late payments, ensure timely legal filings
- Supervise monthly closing process, to include revenue posting, recurring payables and review of key account reconciliations
- Assist in preparation/review of monthly property and consolidated financial reports
- Develop operating budgets for multi-family and commercial properties
- Develop construction budgets, projected end MV for new projects
- Create proforma fully stabilized budgets/projections for construction and end financing
- Coordinate with banks/lenders for financing on construction and end-financing
- Evaluate proposals from financing companies
- Monthly and Annual review of operating results to budget, communicating variance explanations to ownership
- Analyze and assess the Market Value of current portfolio of properties
- Analyze and assess the Market Value of potential acquisitions
- Maintain banking and finance relationships
- Evaluate and advise ownership on financial risk, opportunities
- Implement and refine (as needed) current operational policies and strategies to improve efficiency and effectiveness across the organization.
- Lead and coordinate various areas of the business ensuring communication and integration (where applicable).
- Assist in supervising, coordinating and/or facilitating construction processes
- Assist/supervise in the areas of property management and leasing
- Assist in recruiting, retention and HR management
Requirements
- Proven experience in a senior leadership role as a CFO/COO or similar position within the multi-family industry.
- Strong background in operations management with demonstrated skills in process improvement and program management.
- Exceptional leadership abilities with a focus on team building, mentoring, and developing talent within the organization.
- Ambitious goal seeker willing to commit to a best-in-class real estate investment/construction company
- Excellent change management skills with the ability to drive organizational transformation effectively.
This is a unique opportunity for an experienced leader who will be instrumental in supporting significant growth for the organization.
Job Details
- Type: Full-time
- Hours: M-F 7:30am-5:30pm
- Pay: Commensurate with experience
- Benefits: 401(k), Dental, Health, Paid time off, Vision
Required Qualifications
- Bachelor’s degree required.
- CPA certification and/or Master’s in Finance preferred
- 5+ years of senior leadership experience in operations within the multi-family industry.
- 5+ years of experience in HR
- Yardi experience required
- Proven experience in multi-site operations, team leadership, regulatory compliance, and quality assurance.
- Strong knowledge of multi-family and fair housing regulations.
- Exceptional leadership skills to inspire and motivate teams.
- Excellent communication, negotiation, and problem-solving skills.
- Passion for delivering outstanding service and driving continuous improvement.
- Note: Candidates lacking extensive multi-family experience or the required qualifications will not be considered.
Company Description
At Gallo Companies, we are customer service driven, building upscale multi-family housing developments. Our properties are positioned as a premier style of living in the communities in which they reside, and we are looking for a positive, motivated member to join our rapidly growing team.
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