Head of Finance

What is a Head of Finance?

The Head of Finance plays a critical role in shaping the financial strategy and ensuring the fiscal health of a real estate organization. This senior-level position oversees all financial operations, including investment decisions, budgeting, forecasting, and risk management, while leading a team of financial professionals to drive profitability and compliance.

An expert in real estate finance, the Head of Finance aligns financial strategies with the organization’s broader goals, collaborating with board members and stakeholders to make informed, data-driven decisions.

Job Duties

• Oversee Risk Management: Identify and mitigate financial risks associated with real estate investments and operations.
• Lead Investment Decision-Making: Evaluate potential acquisitions, dispositions, and renovation projects, providing recommendations to maximize ROI.
• Drive Financial Planning: Develop and oversee monthly, quarterly, and annual financial forecasts for the organization’s properties and portfolio.
• Approve Budgets: Review and approve budgets for property operations, capital expenditures, and strategic initiatives.
• Provide Leadership: Supervise and mentor a team of accountants and finance professionals, fostering a collaborative and results-driven culture.
• Allocate Resources: Strategically allocate financial resources to support operational needs and capital improvement projects.
• Conduct Financial Analyses: Perform detailed profit and cost analyses to identify areas for improvement and optimize property performance.
• Maintain Financial Controls: Establish and enforce robust financial controls to ensure data security and regulatory compliance.
• Collaborate with the Board: Advise board members on funding options, financial strategies, and key investment opportunities.
• Implement Cost-Saving Measures: Identify opportunities to reduce costs while enhancing profitability across the real estate portfolio.