VP, Corporate Accounting

NexCore Group is searching for a candidate to fill the position of VP of Corporate Accounting. Responsible for overseeing and directing the Corporate Accounting functions of the organization, including the consolidation of its subsidiaries and real estate funds, partnerships, development projects and joint ventures with high net worth, family office, and institutional capital partners. This individual must have strong corporate real estate, development, and property accounting experience. This person should have proven leadership skills and the ability and vision to continue growing a 5 to 10-person Corporate Accounting department, while maintaining focus on improving interconnectedness and synergies with other accounting functions (i.e., Development, Property, our Senior Living operating company, and Tax) and departments, the Company as a whole, and relationships with other internal and external parties at all levels. This is a management position within an entrepreneurial and flat organization. The candidate should be willing and able to dive into the detailed accounting, processes, and operational aspects of our business to proactively solve problems and make improvements, while managing the overall department (i.e., a "player/coach").

Key Responsibilites:

• Plan ahead and consistently meet and shorten the monthly Corporate consolidated financial closing deadlines, which includes the roll-up of consolidated assets, portfolios, real estate funds and operating subsidiaries.
• Responsible for the quarterly corporate financial review package for internal review which includes financial statements, flux analysis, dept compliance, and upcoming events, and other material financial information.
• Manage the annual audit process; prepare for interim, audit field work, prepare and review workpapers, and other diligence materials; research, understand, and document complex technical issues including NCI, VIE, JV equity and cost method accounting etc.; oversee preparation of corporate financial statements and footnotes; serve as primary point of contact and relationship manager for external auditors.
• Ensure proper cross-training, policies, procedures, and strong overall internal controls.
• Strategically manage treasury and cash management with financial institutions on behalf of the Company and its capital partners; maximize interest earned and minimize banking fees and overall risk.
• Manage line of credit draws and repayments for the Company and its funds as part of overall cash management.
• Work with the Finance department to update financial and cash forecasting models with monthly actuals; provide variance analysis between forecasted and actual results; assist with cash forecasting as needed.
• Gain a thorough understanding of the Company's internal financial presentation which is used to measure the Company's annual performance which is used by the Company's executive team as well as its Board of Directors.
• Serve as point of contact for the Company's transfer agent, maintain and track changes on unit holder registrar; oversee unit issuances and repurchases, investor mailings, distributions, etc.; respond to inquiries and requests as needed; oversee taking the transfer agent role in house with Company's investor relations software.
• Oversight of Corporate loan compliance, financial covenant calculations, and timely reporting for various lenders.
• Oversee Corporate accounting system planning, strategy, and conversion in 2024 from Timberline to MRI.
• Recruit, train, supervise, evaluate, and terminate staff as needed to maintain a best in class accounting department; manage workload and preparation to maintain employee work/life balance.
• Assist in overseeing the Company's annual tax filings by working with the EVP of Accounting as well as the Company's third party CPA firm.
• Complete ad hoc analysis and projects as needed and continuously strive for ongoing betterment and improvement.

Skills, Knowledge, and Expertise:

Education:

• Bachelor's Degree in Accounting or Business - Required
• CPA License - Preferred

Work Experience:

• 7+ years experience in corporate real estate, development, or property accounting - Required
• 4+ years experience in management - Required
• 4+ years experience in detailed development accounting - Required

Skills:

• Solid understanding of GAAP
• Extensive knowledge of Microsoft Excel, Word, and related products
• Strong organizational skills
• Effective interpersonal skills
• Experience with MRI and Yardi
• Ability to see both "big picture" and dig into the details

Benefits:

• Compensation: $140,000 - $180,000 / year
• Eligible for discretionary benefits: performance bonus
• Eligible for standard employee benefits: Medical, Dental, Vision, 401K, FSA, HSA, Commuter Benefits, Employee Assistance Program, Life Insurance (employee and dependents), Short-term disability (STD), Long-Term disability (LTD), Accidental death & dismemberment (AD&D), vacation days, sick days, and other benefits
• Travel: this position will not require travel

Disclaimer:

To All Recruitment Agencies - NexCore Group does not accept unsolicited third-party resumes.
NexCore Group knows that when we welcome different points of view, it makes us better, stronger, and moves us boldly forward in becoming a world-class company. That is why we're proud to be an Equal Opportunity Employer and encourage all qualified talent to apply. Your application will be reviewed regardless of race, religion, gender, sexual orientation, national origin, disability, age, or veteran status.
If you are interested in applying for a position with NexCore Group and need special assistance or an accommodation to use our website, please contact HR@NexCoregroup.com

About NexCore Group:

NexCore Group develops healthcare facilities for hospitals, health systems and physicians. We solve complex real estate challenges through innovative building solutions and creative financial structures. In a rapidly changing healthcare industry, NexCore has the superior expertise to deliver quality environments and flexible spaces that help grow your business, lower expenses and mitigate risk.