Chief Financial Officer (CFO)

Company:  Shorelight Real Estate
Location: Westborough
Closing Date: 03/11/2024
Salary: £200 - £250 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Shorelight Real Estate ( is a rapidly growing real estate investment and management firm. Currently the company has 20 multifamily and industrial assets under management in Massachusetts, Maine and New Hampshire. Shorelight is seeking an experienced accounting and finance professional to join our firm. This position requires a high energy individual with strong management and interpersonal skills along with the ability to adapt to new challenges and responsibilities in a fast-paced environment. The company is currently in a growth mode and the CFO will play a pivotal role in the financial leadership of the company as well as future growth. The CFO will be responsible for managing all aspects of the company’s finances, including overseeing the day-to-day accounting operations for the firm’s properties and multiple entities. These entities include construction and development, property management, landscaping as well as the corporate books. The ideal candidate will be detail oriented and have a hands-on management approach to the day-to-day business operations. The candidate should also have the ability to manage a team and work closely with the executive team to drive the company’s growth and financial success.

Key Tasks:

  1. Responsible for all aspects of the accounting processes (GL/AR/AP), cash management, payroll, budgeting and year-end reviews for multiple real estate entities as well as the corporate books and construction and maintenance entity records.
  2. Prepare timely, complete and accurate financial information, and reporting analysis for management and investors.
  3. Provide leadership to accounting team through objective goal setting, delegation and communication.
  4. Maintain weekly cash position reports and cash flow projections.
  5. Oversee the annual budget process.
  6. Participate in the preparation of workpapers for the annual review process with CPA firm in preparation of tax returns.
  7. Develop and maintain financial controls in accordance with company procedures.
  8. Prepare quarterly reporting to investors and on-time payment of distributions.
  9. Maintain Lender and Banking relationships at both the cash management level as well as prepare timely reporting and review of loan compliance.
  10. Actively participate in the onboarding of new acquisitions, debt refinances and offloading of dispositions.
  11. Review LLC and partnership agreements, loan documents leases and other documents as may be required.
  12. Assist in active capital raising pursuits.

Additional Qualifications

  1. Bachelor’s degree in accounting.
  2. Able to prioritize and multi-task in a fast-paced environment managing several projects simultaneously.
  3. Comfortable handling a large volume of transactional data while maintaining accurate books and records for all entities.
  4. Able to work effectively and efficiently as a team player or independently while prioritizing projects to ensure timely deliverables with the ability to balance shifting priorities.
  5. Real estate experience with exceptional organization, attention to detail and the ability to understand the “big picture.”
  6. Strong excel skills; communication skills; comfortable interacting and communicating with all levels of the organization.
  7. Minimum 10 years Accounting Experience.
  8. Minimum 5 years Real Estate Specific Accounting / Finance Experience.
  9. CPA Strongly Preferred.

Job Type: Full-time

Pay: $160,000.00 - $180,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday

Work Location: In person

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