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Boulder Ventures Development, Inc.

Chief Financial Officer (CFO)

Boulder Ventures Development, Inc., Salt Lake City, Utah, United States, 84193




POSITION: UPDATED JOB DESCRIPTION

The

Chief Financial Officer

will maintain stewardship of all aspects of Finance, Accounting, Treasury, and Capital Markets including relationship management with outside stakeholders, investment management, capital-oriented negotiations, and leadership of BVD teams. They will develop and execute the firm's financial strategies at both asset and corporate levels, and structure project level capital stacks to maximize asset ROI. The role will work closely with the CEO to identify and implement initiatives to safeguard and enhance the financial strength of the organization by sustaining and expanding a strong balance sheet and executing a long-term capital markets strategy and maximizing financial returns for a successful private real estate investor, developer, and owner. Functionally, the CFO will act as second-in-command for this highly entrepreneurial firm by providing sound capital markets knowledge, savvy transactional insights, and thoughtful long-term strategic financial planning proficiencies.



POSITION DESCRIPTION:

Capital Markets, Finance & Accounting.

Serve as primary company representative and spokesperson to the capital markets and financial/investment community:

Including organizing and leading debt relationships and negotiations, transactional analysis, and modeling;

Creatively structure best-terms per transaction and overall portfolio funding;

Identify financial risk vulnerability; maximize company's return on investments.

Act as high-level strategic partner to CEO and Board as Capital Markets subject matter expert in evaluating real estate development projects in terms of:

Equity sources;

Comparative analysis of potential debt facilities;

Strategic joint venture partners and risk/return profile on new investment opportunities.

Regularly evaluate and improve upon a comprehensive capital planning strategy across all elements of the company's capital stack from secured project-level financing to corporate debt, including:

Liquidity positions across investments;

Lending institution relations;

Third-party equity strategies;

Cash management forecasting.

Assume full ownership of existing lender relationships and debt facilities, with an objective of enhancing and expanding existing institutional relationships, while also sourcing new lending partners to achieve most favorable terms;

Interact with internal and external investment, accounting, and finance professionals reviewing all aspects of compliance and reporting in terms of:

Debt obligations;

Project-level financial status;

Short- and long-term funding requirements and treasury functions to both mitigate future risk and identify opportunities based on current and projected market conditions.

Establish and maintain strong relationships with owners, senior executives, and other key stakeholders to identify their needs and seek full range of business solutions; work collaboratively to drive organizational priorities;

Provide leadership with insights as to financial implications surrounding capital markets movement, business opportunities impacted by such conditions, and continual evaluation of finance and accounting trends related to corporate interests;

Lead the annual budgeting process for the company and assets under management;

Oversee financial statement preparation and accounting system administration;

Provide accurate analysis of budget comparisons, forecasts, and the ongoing enhancement of internal business process improvement;

Ensure compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial and tax reporting; coordinate annual and internal audits;

Participate in the analysis, structuring, negotiation, execution of alternative investment strategies; innovative capital markets structures, creative debt & equity solutions, short- and long-term financial analysis, and forward-thinking opportunities to elevate the corporate financial platform.



QUALIFICATIONS:

The successful candidate will have a well-documented track record of impacting financial outcomes within a successful real estate development firm. They should bring an entrepreneurial spirit along with disciplined financial acumen and perspective rooted in sound capital markets/accounting fundamentals. Furthermore, they will become additive to BVD's deal-driven culture through collaborative, proactive and fast-paced actions, both internal and external professional interactions and a cohesive leadership style. The ideal candidate will have successfully demonstrated the roles and responsibilities outlined above, and will possess the following knowledge and technical experience:

15+ years' experience leading all internal and external financial components of a dynamic privately held real estate development firm;

Bachelor’s degree in business or applicable discipline of study;

Broad experience base specifically in real estate capital markets and accounting principles along with extensive experience structuring the capital stack on complex real estate transactions and portfolios;

Possess a thorough understanding of debt and equity dynamics including various capital structures, markets, brokers, institutions, and instruments;

Possess an innovative market sense in terms of progressive trends, currency fluctuations, and advantageous market knowledge to position BVD to secure the best available funding;

Must be self-motivated and able to impact positive outcomes; a solution-oriented executive and reliable advisor to the CEO and Board;

Professional outward-facing personality that effectively relates to outside stakeholders, clients, suppliers, and capital partners;

Highly polished written and verbal communication/financial reporting skills; board level and C-Suite professional presence; keen social and personal awareness;

Astute business acumen; experience providing strategic contributions that have impacted revenue profitability and successfully implementing process improvements for an organization;

Ability to offer high-level insights, innovative ideas, and relevant knowledge of the current US real estate development sector as well as its issues, opportunities, and forward-thinking trends.

Job Type: Full-time

Pay: $150,000.00 - $225,000.00 per year

Benefits:

401(k)

Dental insurance

Health insurance

Life insurance

Paid time off

Vision insurance

Schedule:

Monday to Friday

Ability to Relocate:

Salt Lake City, UT 84106: Relocate before starting work (Required)

Work Location: In person

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