AI-enhanced for better readability
CFO
Source: remoteok
About the Role
We are hiring a CFO to lead the finance and accounting function for a U.S.-based multifamily owner/operator. This role owns financial statements, monthly close, cash management, budgeting/forecasting, reporting, and controls across multiple properties and entities. The right candidate is tech-forward and excited to modernize finance through automation, AI, and API-driven integrations.
Key Responsibilities
- Monthly close & financial statements: Own timely, accurate close and delivery of P&L, balance sheet, and cash flow with supporting schedules.
- Reconciliations & controls: Ensure complete bank/GL reconciliations, AR/AP tie-outs, accruals, prepaids, CIP/fixed assets, intercompany, and documented processes.
- Management reporting: Produce property/portfolio reporting including budget vs. actual, variance explanations, and key operating KPIs.
- Cash management: Maintain daily cash visibility and a rolling 13-week cash forecast; manage payment cadence, approvals, reserves, and liquidity planning.
- Budgeting & forecasting: Lead annual budgets and reforecasts (revenue, payroll, utilities, repairs, insurance, taxes, CapEx).
- CapEx / renovation tracking: Track project budgets, spend, and ROI support (CIP and unit-level economics as applicable).
- Lender / compliance support: Manage covenant reporting, lender deliverables, and coordination with CPAs/tax/audit teams.
- Section 8 / Housing Authority & municipal compliance: Support affordable housing reporting and compliance (as applicable), including coordination with Housing Authorities/cities, audits, and required documentation.
- Team leadership: Lead and develop offshore accounting staff (AP/AR/accountants); set SOPs, close calendar, and review standards.
- Tech/automation leadership: Implement and optimize workflows using AI tools, automation, and API connections across property management, accounting, reporting, and data pipelines.
Requirements (Must-Have)
- Minimum 8+ years of experience as a CFO (or senior finance leader) in real estate; multifamily strongly preferred.
- Expert in financial statements, close management, reconciliations, cash forecasting, and internal controls.
- Strong ability to deliver decision-ready reporting (budget vs. actual, variance analysis, KPIs).
- Bilingual proficiency: fluent professional English and Spanish (written and spoken).
- Property management software experience; ResMan preferred.
- Expense management software experience with Brex or Ramp; Brex preferred.
- Experience working with Section 8 programs, Housing Authorities, and municipal/city requirements (as applicable), including compliance reporting and audit support.
- Strong understanding of real estate legal entities and structures (LLCs/LPs/SPVs), intercompany accounting, and entity-level reporting.
- Tech-forward mindset: comfortable implementing automation/AI and working with APIs/integrations (no coding required, but must be fluent with modern tools).
- Advanced Excel/Google Sheets skills; comfortable building standardized reporting templates and dashboards.
- Ability to work offshore with consistent overlap with U.S. business hours and days (ET/CT preferred).
Preferred
- Multi-entity consolidation, lender compliance/covenants, and renovation-heavy portfolios.
- Experience with BI/reporting tools (Power BI/Tableau) and modern AP/bill pay tools.
Working Model
- Remote / Offshore (LATAM preferred for timezone overlap)
- Reports to Ownership/CEO/Managing Partner; partners closely with Operations and Asset Management