What are the responsibilities and job description for the VP of Finance – Construction & Real Estate Development position at Heirloom Property Management?
About the Role
Heirloom is seeking a VP of Finance – Construction & Real Estate Development to lead the financial operations of its growing commercial construction, real estate development, and property investment businesses. Reporting to the Executive Team, this role will take ownership of financial performance, oversee accounting and reporting across multiple entities, and provide strategic leadership in profitability improvement, investments, financing, cash flow management, and long-term growth.
This is an opportunity for an experienced financial leader who can make a measurable impact on business performance. The ideal candidate combines strong financial and business judgment with demonstrated leadership experience and a practical, hands-on approach to improving profitability, strengthening financial processes, and developing teams. Success in this role requires someone who can independently drive results, adapt their approach and pace to changing priorities, and work collaboratively with operational and executive leadership to turn financial information into meaningful business improvements.
Core Responsibilities
Financial Leadership & Profitability
- Lead budgeting, forecasting, cash flow planning, financial reporting, and performance analysis across construction, development, and real estate entities.
- Partner with the Executive Team to develop and execute financial strategies that improve profitability, support sustainable growth, and strengthen long-term investment performance.
- Take ownership of financial performance analysis, identifying the underlying drivers of profitability, financial risks, and opportunities for improvement.
- Drive initiatives to improve construction and development profitability through stronger project financial controls, margin analysis, cost management, forecasting, and operational accountability.
- Develop meaningful financial reporting, KPIs, and performance measures that enable leadership to make informed decisions and hold operations accountable for results.
Construction & Development Finance
- Oversee construction and development finance activities, including job costing, work-in-progress reporting, construction draws, project budgeting, and variance analysis.
- Partner closely with project managers and construction leadership to evaluate project performance, identify financial risks, challenge assumptions, and improve project profitability.
- Evaluate project budgets, construction margins, development fees, overhead allocations, and financing costs to ensure a clear understanding of project and entity-level financial performance.
- Support the financial evaluation of new construction and development opportunities, including feasibility analysis, projected returns, and financing requirements.
Real Estate Investment & Capital Management
- Evaluate new development, acquisition, refinancing, and capital investment opportunities through financial modeling, feasibility analysis, and projected investment returns.
- Monitor real estate portfolio performance using metrics such as capitalization rates, debt service coverage ratios (DSCR), cash flow, and investment yields, providing recommendations on capital allocation and reinvestment opportunities.
- Work directly with banks, lenders, and capital partners to evaluate financing alternatives, negotiate terms, and support the organization's capital and liquidity needs.
- Develop and maintain cash flow forecasts to support construction activities, debt obligations, future investments, and long-term portfolio performance.
Accounting Oversight & Team Leadership
- Provide direct leadership and accountability for the accounting and finance team supporting construction, development, and real estate operations.
- Establish clear expectations, reporting deadlines, performance standards, and accountability across the team.
- Mentor and develop employees, identify opportunities for improvement, and address performance challenges proactively.
- Ensure accurate, timely financial reporting, effective internal controls, and consistent accounting practices across multiple entities.
- Identify and implement improvements to financial systems, reporting processes, and operational efficiency.
- Build a collaborative finance function that provides reliable information, proactive analysis, and meaningful support to operational leadership.
Required Skills & Abilities
- Strong business judgment with the ability to make timely, well-supported decisions and independently drive results.
- Demonstrated ability to lead, develop, and hold teams accountable while building a collaborative, high-performing environment.
- Ability to identify the financial drivers of profitability and translate analysis into actionable strategies that improve business performance.
- Ability to balance strategic financial leadership with detailed analysis and hands-on execution.
- Ability to adapt work priorities and pace to changing business needs while maintaining accuracy, accountability, and follow-through.
- Strong organizational skills and the ability to manage competing priorities across multiple projects, entities, and investment activities.
- Effective communication and relationship-building skills when working with executives, operational leaders, lenders, and external partners.
- Sound understanding of financial controls, reporting requirements, and risk management, combined with a practical, solutions-oriented approach.
Other Requirements
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Significant progressive experience in finance, accounting, or financial management, including demonstrated leadership responsibility.
- Experience in commercial construction, real estate development, real estate investment, or a closely related industry.
- Demonstrated experience improving financial performance, profitability, or operational financial processes.
- Strong background in budgeting, forecasting, cash flow management, financial reporting, and financial analysis.
- Experience with financial modeling, investment analysis, and evaluating financing alternatives.
- Demonstrated success independently leading and developing teams, establishing accountability, and improving financial processes and systems.
- Experience with construction job costing, WIP reporting, construction lending, multi-entity structures, or intercompany transactions is valuable.
- CPA, MBA, or other advanced credentials are welcome but not required.
Why Join Heirloom?
This position offers the opportunity to play a meaningful leadership role in a growing, privately held organization involved in commercial construction, real estate development, and long-term property investment.
Working directly with the Executive Team, you will have the opportunity to take ownership of financial performance, strengthen the accounting and finance function, influence investment and financing decisions, and help shape the future growth and profitability of our construction and real estate businesses.
For the right individual, this role offers significant professional growth and the potential to advance into broader executive financial leadership, including future CFO-level responsibilities.
Compensation:
$120,000–$165,000 annually, depending on experience and qualifications.
Heirloom is an equal opportunity employer.
We consider qualified applicants without regard to legally protected characteristics.
To be considered for this position, all applicants are required to complete a Predictive Index Behavioral Assessment as part of the application process.
Please complete the assessment using the following link: Predictive Index Assessment otherwise paste the web address below into your browser.
https://assessment.predictiveindex.com/bo/2v5/VPofFinance-ConstructionDevelopment_Oct2026_164442
The assessment helps us better understand individual work styles and behavioral preferences as part of our overall candidate evaluation process.
Salary : $120,000 - $165,000