Description:
LG Group is seeking a Chief Financial Officer to join our talented team!
Everything we do is powered by our people. Our culture is founded on collaborative teamwork, the empowerment of our people, and employee experience focused on growth and development making LG a best-in-industry place to work. With a deep recognition that we will only go as far as our people will take us, we are committed to investing in our talent through consistent mentorship and continuous feedback with a focus on career growth through goal setting.At LG, we know a career is more than just a job, it’s the pursuit of passion.
The Chief Financial Officer (CFO) serves as the strategic financial leader responsible for the financial strategy, management, and health of the company. The CFO provides leadership, direction, and management of the finance and accounting teams while overseeing all financial aspects of our development, construction, and design platforms providing critical insights to drive profitability, manage risk, and support the company’s growth objectives.

QUALIFICATIONS FOR SUCCESS

• Bachelor’s degree in Finance, Accounting, Economics, or related field; MBA or CPA preferred
• 10+ years of progressive financial leadership experience, with at least 5 years in senior management
• Significant experience in real estate development, investment, or related industries
• Strong understanding of real estate finance, capital markets, and development economics
• Experience with complex financial modeling and pro forma analysis for real estate projects
• Knowledge of construction financing, equity partnerships, and joint ventures
• Excellent analytical and problem-solving skills
• Strong leadership, collaboration, and communication abilities

Strategic Financial Leadership

• Develop and execute the company’s financial strategy aligned with company core focus and business objectives
• Partner with CEO, COO, and executive team to drive strategic decision-making
• Identify opportunities for business growth, acquisitions, and new market entry
• Lead department strategic planning, capital planning, budgeting, and financial forecasting

Financial Planning & Analysis

• Direct financial forecasting, budgeting, and long-term financial planning
• Establish KPIs to measure companywide financial performance
• Analyze and make recommendations on potential acquisitions, joint ventures, and new market opportunities
• Lead annual budgeting process for all company platforms and departments
• Monitor budget performance, analyze variances, and make recommendations to executive team
• Prepare documentation for company audits and tax filings and facilitate annual audit process

Capital Management

• Manage relationships with financial institutions and sureties
• Negotiate and secure favorable credit facilities and financing terms for operating company credit lines and business loans
• Track operating company and development project loan balances, interest accruals, and repayment schedules
• Structure and secure debt financing for land acquisition and development projects
• Forecast capital requirements for pipeline development
• Manage bonding capacity to support construction project bidding requirements

Financial Operations & Reporting

• Ensure accurate and timely financial reporting and analysis
• Direct company-wide cash flow management, forecasting, & treasury operations
• Manage operating cash reserves and forecast cash requirements for project and corporate operations
• Oversee accounting operations, including AP/AR, draw processing, payroll, and general ledger
• Implement efficient internal controls and financial systems with effective oversight of billing systems and payment collection procedures
• Monitor compliance with payment terms and contractual agreements
• Prepare financial statements and management reports and present to the executive team
• Ensure compliance with GAAP and industry accounting standards

Project Cost Management

• Design financial systems for construction projects to assess profitability, support cost control systems, and inform company strategy
• Establish project financial expectations and goals in collaboration with estimating and operations teams
• Monitor real-time project profitability metrics, analyze project cost variance, and provide actionable feedback to project teams
• Audit contractual financial terms and conditions to ensure compliance with contract requirements

Risk Management

• Develop and implement financial risk management strategies for development projects and construction operations
• Oversee insurance coverage for corporate operations and development properties
• Lead insurance program management and claims oversight
• Monitor market conditions and external partner financial stability and adjust financial strategies accordingly
• Ensure compliance with financial regulations and reporting requirements

Tax Strategy & Compliance

• Direct tax planning and compliance and tax return preparation and filing
• Oversee property tax assessments and appeals
• Monitor tax implications for land development and property sales
• Manage relationships with tax authorities and external tax advisors
• Stay current on tax legislation affecting real estate and construction industry and provide updates to executive team

Technology & Systems

• Drive implementation of financial systems tailored to company needs and designed to increase efficiency of financial processes
• Optimize project draw processes, cost tracking, and reporting capabilities
• Support integration between sales, operations, and accounting systems

Joint Ventures & Investor Relations

• Develop a system for regular investor reporting and prepare professional presentations to communicate financial performance metrics to investors and partners
• Support capital raising activities with financial documentation
• Direct accounting for project partnerships and joint ventures and oversee profit/loss allocations according to partnership agreements
• Forecast promote interests and equity positions
• Execute capital calls, manage distributions, and perform waterfall calculations

Portfolio Management

• Oversee asset management operations and staff and direct asset specific financial activities
• Develop portfolio strategy forecasts and performance metrics
• Track guarantee obligations and exposure across the portfolio
• Monitor retail lease enforcement and financial management