As a key member of Southern Management Corporation’s (SMC) executive management team, the Chief Financial Officer (CFO) will report to the CEO and will be responsible for the overall financial management of the company. The CFO will have responsibility for planning, implementing and managing financial strategies in support of all enterprise and company activities to maximize stakeholder value. The Accounting, Asset Management, Investor Relations and Information Technology teams will report to the CFO.
Work with CEO to define the financial strategy for SMC and its portfolio of assets
Assist the CEO with significant financial transactions/deals in the negotiation and review of transaction documents including but not limited to loan documents, operating agreements and purchase/sale agreements
Oversee Asset Management in the development and implementation of strategy for all properties to include valuation, return analysis, tax implications and cash flow projections
Develop, implement and manage SMC’s treasury operations to mitigate its operational, financial and reputational risk
Retain independent CPA firm and oversee and coordinate with the CPA firm in the preparation of timely and accurate partnership and corporate financial statements and tax returns
Oversee the management of accounting function to ensure timely and accurate completion of all financial information
Ensure that appropriate financial reports (e.g., budgets, financial forecasts, etc.) are produced, and facilitate the timely review and analysis of SMC’s financial results ? Implement and ensure a robust system of internal controls is in place and in compliance with applicable federal, state and local regulatory laws and rules
Work with other SMC leaders to identify and implement operational and managerial changes necessary to improve financial performance and maximize the value of portfolio properties
Enhance finance operations, including management of ongoing debt requirements and covenants
Ensure compliance and timely reporting of financial and reporting covenants to lenders
Foster, cultivate and maintain relationships with lenders, brokers and investors
Establish, staff and oversee an investor relations function that facilitates timely and appropriate financial reports and communications with SMC’s investors, produces consistent and relevant information to investors, and ensures that investors’ questions/concerns are appropriately addressed
Management of the Information Technology Department, including recommendations for best in class technology to minimize risk and maximize efficiency
Education & Experience Required
Undergraduate degree in accounting and/or finance
CPA designation highly desirable
12+ years in progressively responsible financial leadership roles in commercial real estate; property management preferred
Internal Number: 3329
About Southern Management Corporation
Southern Management Corporation is the largest privately owned residential property-management company in the Mid-Atlantic region. We own 75 apartment communities with approximately 25,000 apartment homes, in addition to office buildings, hotels and conference centers throughout the Baltimore/Washington area.
At Southern, we do the right things, in the right way, for the right reasons. Our dedication to a corporate shared consciousness has made us a sustainable business model for over 5 decades. Southern embodies innovation, transparency, communication, integrity, social responsibility, and cultivates healthy work environments. Be a part of something bigger. Join our "Team of Teams".