Financial Manager – Home Builder

Company: AL Homes, a brand of AlphaX RE Capital

Key Responsibilities

Financial Planning & Analysis

• Develop and manage annual budgets, forecasts, and long-term financial plans.
• Monitor financial performance against budgets and report variances with actionable insights.
• Prepare monthly, quarterly, and annual financial statements.
• Conduct scenario modeling and sensitivity analyses for new projects, land acquisitions, and development phases.

Construction Accounting & Job Costing

• Oversee construction job costing and ensure accurate allocation of direct and indirect costs.
• Review project budgets, cost codes, and purchase orders in coordination with Project Managers.
• Track Work-in-Progress (WIP) schedules and margin projections per community or phase.
• Maintain cost-to-complete reporting and support draw requests with lenders.

Cash Flow & Financing

• Manage cash flow forecasting and banking relationships.
• Oversee construction loan draws, equity contributions, and compliance with lender covenants.
• Assist in securing financing for land development and vertical construction.

Compliance & Controls

• Ensure compliance with GAAP, federal and California state tax regulations, and local reporting requirements.
• Oversee internal controls, including segregation of duties, approval hierarchies, and audit preparedness.
• Support annual financial audits and tax filings with external accountants.

Team Leadership & Collaboration

• Supervise accounting and finance staff (AP, AR, Payroll, and Job Costing functions).
• Collaborate with Operations, Land Development, and Sales to align financial objectives.
• Provide executive management with key performance indicators (KPIs) and strategic insights.

Qualifications

Education & Experience

• Bachelor’s degree in Accounting, Finance, or related field (CPA or MBA preferred).
• 5–10 years of progressive experience in construction, homebuilding, or real estate development accounting.
• Strong understanding of construction job costing, WIP accounting, and percentage-of-completion methods.
• Experience with accounting software (e.g., Sage 300 Construction & Real Estate, BuilderTREND, or similar).

Skills

• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in Excel and financial modeling.
• Strong knowledge of California tax and regulatory environment.
• Exceptional organizational and leadership skills.