Chief Financial Officer (CFO) Greater New York City, NY Area
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About the Role
Greater New York City, NY Area (On-site)(Hackensack, New Jersey)
The Company is seeking a Chief Financial Officer to lead financial management for a multifamily real estate portfolio, its property-level entities, and its management operations. The CFO will develop financial strategy, advise ownership on portfolio growth and capital allocation, and evaluate investment, financing, refinancing, disposition, and capital improvement decisions. Responsibilities include overseeing accounting and financial reporting, monitoring property performance and key financial indicators, strengthening internal controls and cash management, and coordinating audits and lender reporting. The role also includes reviewing acquisition underwriting, supporting financing and due diligence, and coordinating real estate tax planning with external advisors. Candidates should have a bachelor’s degree in accounting, finance, real estate, or a related field; a CPA or MBA is preferred. Approximately 10 or more years of progressive financial experience, including substantial multifamily or commercial real estate experience, is required, with CFO experience at a real estate owner/operator, developer, investment firm, or property management firm strongly preferred. Applicants should understand real estate valuation and metrics such as NOI, cap rates, DSCR, debt yield, IRR, and cash-on-cash returns. Advanced Excel and financial modeling skills, along with experience working with lenders, accountants, attorneys, and other real estate professionals, are also important.
Functions:
- Finance
Compensation
USD $250,000-$275,000 (salary) per year
About the Company
Regional fitness club operator specializing in Planet Fitness franchises
Industry
Health, Wellness and Fitness
Type
Privately Held
employees
51-200
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