The New Home Company Senior Finance Manager in Scottsdale, Arizona
The position will be instrumental in supporting the Division President in managing the financial operations of the Arizona division and preparing key information for company-wide business plans and forecasts. Responsibilities include managing the budgeting and forecasting process for the Arizona division, assisting with underwriting, providing project data for corporate forecasting and reporting, cash management and ad hoc financial analyses and requests.
BUSINESS PLAN / FORECASTING:
Assemble current project timelines, budgets, cash flows and other data necessary to update project level business plans with the assistance of Project Management.
Distribute project plans to division managers for review, comment and approval.
Consolidate project plans into division plan. Review and provide to Division President for review, comment and approval
Provide division plan to Corporate for review.
Provide additional support to corporate by summarizing key assumptions used in project forecasts, analyzing key variances from prior forecasts, and providing ad hoc reporting requests.
Assist Project Managers to hold monthly budget meetings to review project timelines, budget and cash flow assumptions. Provide analytical support and propose revisions to budgets and cash flow forecasts.
Work closely with Purchasing and Construction to budget for site improvements, direct and indirect construction costs.
Work closely with Marketing Managers to budgets for models, selling costs & marketing costs.
Work closely with Sales Managers to forecast sales, closings and revenues. Provide assistance for home pricing analyses and approvals
Work closely with Division President to budget G&A for the division.
Oversee division compliance with SOX internal controls
Prepare written monthly project status reports that highlights key project financial measures and any changes to budgets and timelines for Operational Reviews with Senior Executives.
Prepare and distribute monthly Equity partner reporting packages.
Prepare and distribute monthly sales reports for lenders.
Assist in underwriting process by providing financial analysis support and sensitivities within underwriting model.
Upon approval of projects, coordinate with Land Acquisition department and assume responsibility for project budgets and assumptions
Coordinate with Accounting regarding matters related to entity formation and system setup.
Track relevant land acquisition dates and assist in closing purchase transactions.
Monitor all new projects and anticipate pending financing requirements.
Coordinate with accounting regarding cash management. Ensure that capital calls, loan draws and closing proceeds are adequate to meet project cash needs.
Compile and package all information necessary for loan and/or equity request packages, as needed.
Coordinate the efforts of lenders, appraisers, attorneys, title, escrow and Subsidiary personnel to ensure the timely approval and funding of new requests.
Coordinate with lenders, partners and Company personnel to ensure timely funding.
GENERAL DUTIES & RESPONSIBILITIES:
Assist with other special projects, reports and analyses as directed by management.
Model NWHM's vision, values and working principles.
- Bachelor?s degree in accounting and/or financial analysis
5-7 years of experience in accounting and/or financial analysis
- Prior construction, homebuilding, or real estate experience preferred
Advanced Excel skills required. Financial modeling, VBA, macros, and complex formulas capabilities strongly preferred.
Detail-oriented with strong organizational skills.
Excellent analytical and problem solving skills.
Strong verbal and written communication skills required.
Ability to interact with and maintain good working relationships with company personnel, lenders, equity partners and consultants.
Ability to good judgment in handling multiple priorities and open-ended tasks and keeping management apprised as to issues and status.
Pleasant, professional demeanor.
Ability to perform the essential functions of the job.