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Senior Vice President of Finance ( Construction )

Confidential Company - Yonkers, NY

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Job Description

Job Summary:The Senior Vice President of Finance will lead the financial operations of our growing construction and development organization. This individual will play a key leadership role in driving financial performance, managing risks, and ensuring the financial health of the company. The role is ideal for a CPA with strong affordable housing development and construction accounting experience, who can ensure accuracy, compliance, and efficiency across multiple entities and projects.Responsibilities/Duties:1. Accounting Leadership & OversightLead, inspire, and develop a team of finance and accounting professionals, ensuring alignment with organizational goals while fostering a culture of collaboration, integrity, and continuous improvement.Ensure accurate and timely monthly, quarterly, and annual closes across all entities, including parent organization, development partnerships, and construction subsidiaries.Oversee cash management, accounts payable/receivable, and payroll.Evaluate and improve financial processes, systems, and internal controls.Lead the annual budgeting process and rolling forecasts.Monitor performance against budgets and identify areas for improvement.Prepare and communicate financial statements to stakeholders.Provide timely and accurate financial statements, job costing reports, and cash flow projections.Manage cash flow, financing, and working capital needs.Oversee relationships with banks, lenders, and financial partners.Lead accurate job cost accounting and reporting.Implement policies and procedures to safeguard company assets.2. Compliance and ReportingEnsure compliance with GAAP and regulatory requirements, including HUD, LIHTC, tax-exempt bonds, and state/local housing programs.Oversee annual audits, cost certifications, and tax filings for corporate entities and project partnerships.Ensure compliance with tax laws, insurance requirements, and industry regulations.Oversee audits and manage relationships with external auditors and consultants.3. Operations and StrategyWork closely with the Controller and accounting staff to ensure alignment and accuracy in financial operations.Partner with executive leadership to develop and execute long-term financial strategy.Provide data-driven insights and recommendations to support business growth and profitability.Work with the development team to create and track project budgets from inception to execution.Work closely with project managers and operations to track project budgets, costs, and profitability.Identify trends and provide proactive financial insights on underperforming projects.Qualifications:Bachelor's degree in accounting or finance.CPA required.10+ years of progressive financial leadership experience, with at least 5 years in construction or real estate development.Proven supervisory experience leading teams of 5 or more individuals.Strong background in affordable housing accounting (LIHTC, HUD, tax credit partnerships) and construction accounting.Proven experience working across multi-entity structures (LLCs, LPs, nonprofit affiliates).Solid experience with both general contractor (GC) financial processes and real estate development finance workflows.Extensive experience leading and managing accounting functions for housing development projects, including oversight of financial operations from predevelopment through completion and stabilization.Deep understanding of development accounting, budgeting, and reporting.Experience with construction ERP systems (e.g. Premier, Procore, etc.)Relevant Skills/Abilities:Compliance-oriented - ensures accuracy and adherence to HUD, LIHTC, and audit requirementsStrong written, verbal, presentation, and communication skills to convey complex financial information clearly to stakeholders, including investors, and employees.Skilled in identifying, analyzing, and solving financial problems for maintaining the company's financial health.Strategic thinker with hands-on operational experienceAbility to build and maintain strong relationships with various stakeholders and to collaborate effectively.Strong leadership skills to guide and lead the finance team in supporting the overall organization.Make sound, high-stakes decisions that align with company goals while managing risks effectively, using strong analytical, problem-solving, and decision-making skills.Prioritize tasks and managing multiple responsibilities to meet deadlines without compromising quality.Proven ability to work cross-functionally in a fast-paced, project-driven environment.Working Conditions:The Senior Vice President of Finance will be based in the corporate headquarters in Yonkers,

Created: 2025-09-24

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