Chief Financial Officer

DescriptionLG Group is seeking a Chief Financial Officer to join our talented team!Everything we do is powered by our people. Our culture is founded on collaborative teamwork, the empowerment of our people, and employee experience focused on growth and development making LG a best-in-industry place to work. With a deep recognition that we will only go as far as our people will take us, we are committed to investing in our talent through consistent mentorship and continuous feedback with a focus on career growth through goal setting.At LG, we know a career is more than just a job, it’s the pursuit of passion.The Chief Financial Officer (CFO) serves as the strategic financial leader responsible for the financial strategy, management, and health of the company. The CFO provides leadership, direction, and management of the finance and accounting teams while overseeing all financial aspects of our development, construction, and design platforms providing critical insights to drive profitability, manage risk, and support the company/'s growth objectives.ResponsibilitiesKEY RESPONSIBILITIESStrategic Financial LeadershipDevelop and execute the company/'s financial strategy aligned with company core focus and business objectivesPartner with CEO, COO, and executive team to drive strategic decision-makingIdentify opportunities for business growth, acquisitions, and new market entryLead department strategic planning, capital planning, budgeting, and financial forecastingFinancial Planning & AnalysisDirect financial forecasting, budgeting, and long-term financial planningEstablish KPIs to measure companywide financial performanceAnalyze and make recommendations on potential acquisitions, joint ventures, and new market opportunitiesLead annual budgeting process for all company platforms and departmentsMonitor budget performance, analyze variances, and make recommendations to executive teamPrepare documentation for company audits and tax filings and facilitate annual audit processCapital ManagementManage relationships with financial institutions and suretiesNegotiate and secure favorable credit facilities and financing terms for operating company credit lines and business loansTrack operating company and development project loan balances, interest accruals, and repayment schedulesStructure and secure debt financing for land acquisition and development projectsForecast capital requirements for pipeline developmentManage bonding capacity to support construction project bidding requirementsFinancial Operations & ReportingEnsure accurate and timely financial reporting and analysisDirect company-wide cash flow management, forecasting, & treasury operationsManage operating cash reserves and forecast cash requirements for project and corporate operationsOversee accounting operations, including AP/AR, draw processing, payroll, and general ledgerImplement efficient internal controls and financial systems with effective oversight of billing systems and payment collection proceduresMonitor compliance with payment terms and contractual agreementsPrepare financial statements and management reports and present to the executive teamEnsure compliance with GAAP and industry accounting standardsProject Cost ManagementDesign financial systems for construction projects to assess profitability, support cost control systems, and inform company strategyEstablish project financial expectations and goals in collaboration with estimating and operations teamsMonitor real-time project profitability metrics, analyze project cost variance, and provide actionable feedback to project teamsAudit contractual financial terms and conditions to ensure compliance with contract requirementsRisk ManagementDevelop and implement financial risk management strategies for development projects and construction operationsOversee insurance coverage for corporate operations and development propertiesLead insurance program management and claims oversightMonitor market conditions and external partner financial stability and adjust financial strategies accordinglyEnsure compliance with financial regulations and reporting requirementsTax Strategy & ComplianceDirect tax planning and compliance and tax return preparation and filingOversee property tax assessments and appealsMonitor tax implications for land development and property salesManage relationships with tax authorities and external tax advisorsStay current on tax legislation affecting real estate and construction industry and provide updates to executive teamTechnology & SystemsDrive implementation of financial systems tailored to company needs and designed to increase efficiency of financial processesOptimize project draw processes, cost tracking, and reporting capabilitiesSupport integration between sales, operations, and accounting systemsJoint Ventures & Investor RelationsDevelop a system for regular investor reporting and prepare professional presentations to communicate financial performance metrics to investors and partnersSupport capital raising activities with financial documentationDirect accounting for project partnerships and joint ventures and oversee profit/loss allocations according to partnership agreementsForecast promote interests and equity positionsExecute capital calls, manage distributions, and perform waterfall calculationsPortfolio ManagementOversee asset management operations and staff and direct asset specific financial activitiesDevelop portfolio strategy forecasts and performance metricsTrack guarantee obligations and exposure across the portfolioMonitor retail lease enforcement and financial managementKey CompetenciesReal Estate Finance Expertise | Deep understanding of real estate valuation, financing structures, and investment analysisStrategic Vision | Ability to connect financial strategies with business objectivesDeal Structure | Experience structuring complex real estate transactionsAnalytical Thinking | Strong analytical skills for financial modeling and forecasting analysisLeadership | Ability to build and manage high-performing finance teamsCommunication | Excellent verbal and written communication skills for presenting complex financial informationRelationship Management | Strong ability to manage relationships with investors, lenders, and partnersRisk Assessment | Expertise in identifying and mitigating financial risksPerformance MetricsMeet or exceed company financial targets (revenue, profit, cash flow)Cost of capital compared to industry benchmarksAccuracy of financial forecasting and budgetingEffectiveness of financial systems and processesAudit results and compliance ratingsTeam development and succession planningReports To: This role reports to the COO with support from the CEO.People Management: This role supervises the Controller and Director of Accounting for Development with indirect oversight of the Asset Manager.Travel Expectations: 10-15%LG Group is a full-service real estate development, construction, and design firm. LG Development is an integrated development company anchored by ingenuity, teamwork, and expertise. By assembling finance, design, marketing, leasing, and management teams under one roof, each phase of the development process blends seamlessly to provide a holistic approach, resulting in a higher-level of collaboration, innovative thinking, and risk management. LG Construction is a full-service construction company powered by collaboration, creativity, and resourcefulness. Our portfolio is diverse but focuses on hospitality, retail, core and shell, residential and multi-family. LG Design uses a project’s history, surroundings, and audience to create a sophisticated aesthetic that combines the latest design trends, best-in-class technology, and a thoughtful use of materials to elevate any space.LG GROUP IS AN EQUAL OPPORTUNITY EMPLOYERLG provides equal opportunity in all its employment practices to all qualified employees and applicants without regard to race, sex (including pregnancy and gender identity, and sexual orientation), color, religion, gender, national origin, age, mental or physical disability, marital status, military/veteran status, genetic information, or any other category protected by law. This policy applies to all aspects of the employment relationship, including but not limited to recruitment, hiring, job assignments, training, compensation, benefits, promotion, transfer, disciplinary action, or separation of employment.QualificationsREQUIREMENTSBachelor/'s degree in Finance, Accounting, Economics, or related field; MBA or CPA preferred10+ years of progressive financial leadership experience, with at least 5 years in senior managementSignificant experience in real estate development, investment, or related industriesStrong understanding of real estate finance, capital markets, and development economicsExperience with complex financial modeling and pro forma analysis for real estate projectsKnowledge of construction financing, equity partnerships, and joint venturesExcellent analytical and problem-solving skillsStrong leadership, collaboration, and communication abilities #J-18808-Ljbffr

Created: 2025-09-17