Bridge Investment Group, LLC Managing Director, Financial Reporting in Sandy, Utah, Utah
Bridge Investment Group is a privately held real estate investment management firm with more than $25 billion in assets under management. Bridge combines its 4,000+ person nationwide operating platform with specialized teams of investment professionals focused on select U.S. real estate verticals: multifamily, office, seniors housing, affordable housing, industrial, opportunity zones, and debt strategies. As a globally trusted investment firm, we offer exceptional returns to our investors, pursued with uncompromising core values.
For us, investing is an active process. With decades of experience as an owner-operator, we strive to create vibrant communities where our residents and tenants are excited to live and work. With a focus on affordable housing, as well as social and environmental initiatives, we take pride in giving back to the neighborhoods in which we invest.
At Bridge, we believe that we are only as good as our people. We value diversity, promote innovation, and encourage continuous learning. Our culture of excellence, accountability, teamwork, and collaboration empowers individuals to develop and thrive professionally and personally.
The Managing Director of Finance and Operations of Bridge Development Fund Manager will report to both the CFO of Bridge Investment Group (BIG) and the CIO of Bridge Development Fund Manager (BDFM). This position is a strategic business partner to the senior executive leadership team. The position will directly oversee all aspects of finance and accounting for ground-up development projects across the BDFM platform and across funds.
General roles and responsibilities include, but are not limited to:
Financial Reporting, Budgeting and Forecasting
Responsible for the oversight, supervision, staffing, management and operation of the development accounting team, coordination with Bridge Property Management (“BPM”) for property accounting and of all financial reporting, analysis, budgeting and forecasting of the division.
Drive financial performance of the organization and provide insight and recommendations to both short- and long-term growth plans of the division.
Identify, recommend and implement policies, procedures and establish systems where needed and deemed appropriate by senior leadership.
Oversee the month-end closing process to ensure the timely preparation and GAAP presentation of monthly financial reports, including balance sheets, profit and loss statements by division with actual vs. budget analysis, monthly cash flow statements by division; and other management reports as requested. Weekly cash forecasts by division are also required.
Work with the BIG tax department to ensure the preparation and timely filing of all federal, state and local tax returns as needed, as well as compliance with applicable regulations related to Opportunity Zones and others.
Work with internal BIG teams including acquisitions, development, fund accounting, treasury, and others.
Controls and Technology
Work with the BIG CFO to assist with identifying and implementing ERP software; develop a COSO program and ensure that internal controls are in keeping with corporate initiatives; assist with developing the annual corporate internal audit program and enabling the work of the internal audit team.
Selection and oversight of software installations, including managing relationships with software vendors.
Create new processes that add value and provide insights and transparency.
Accounting Team Management
Recruit, interview, and hire finance and accounting staff as required.
Oversee training of accounting teams on all accounting systems and projects and supervise proper execution by staff.
Hire, develop, and manage accounting directors, managers and staff.
Bachelor’s Degree in accounting or finance
Big 4 public accounting strongly preferred
3+ years experience as a CFO, CAO or VP of Finance in a publicly traded company or large private company ($25 million+ annual revenue)
10+ years total accounting or finance experience with 10 years in the commercial real estate industry and significant experience with real estate development, construction, and commercial property management companies
Outstanding knowledge and understanding of GAAP, SOX compliance with SEC reporting a plus
Background coordinating with IT staff to manage and/or upgrade accounting systems (systems implementation experience strongly preferred)
Advanced experience with and knowledge of Yardi platform preferred.
Experience with Microsoft Power BI and other accounting data mining experience is a plus
Outstanding communication and presentation skills
Demonstrated leadership ability, confidence and executive presence—ability to motivate staff
Excellent analytical, reasoning and problem-solving skills
Significant experience working with auditors, internal controls and compliance-related issues
Significant experience working with construction lenders and experience with lender requirements and reporting is a plus
Job ID: 2021-5549
External Company URL: https://www.bridgeig.com/
Street: 111 E. Sego Lily Drive, Suite 400