What are the responsibilities and job description for the Director of Finance position at KB Home?
About KB Home
KB Home is one of the largest and most recognized homebuilders in the United States and has built over 650,000 quality homes in our more than 60-year history. Today, KB Home operates in 45 markets from coast to coast. What sets KB Home apart is the exceptional personalization we offer our homebuyers from those buying their first home to experienced buyers allowing them to make their home uniquely their own, at a price that fits their budget. As the leader in energy-efficient homebuilding, KB Home was the first builder to make every home it builds ENERGY STAR� certified, a standard of energy performance achieved by fewer than 10% of new homes in America, and has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership and is designed to be healthier, more comfortable and better for the environment than new homes without certification. We build strong, personal relationships with our customers so they have a real partner in the homebuying process. As a result, we have the distinction of being the #1 customer-ranked national homebuilder in third-party buyer satisfaction surveys. Build your career with KB Home. Learn more.
JOB SUMMARY: Under limited supervision, the Director of Finance shares responsibility with the VP Finance for the creation of divisional business plans, budgets, forecasting and quarterly updates, as well as overseeing the accuracy of the accounting and internal financial reporting. The position must help to ensure financial integrity of the division in all aspects of reporting and the adherence to Generally Accepted Accounting Principles (GAAP) and company accounting policies, preparation of annual business plans, and safeguarding of assets. The Director of Finance is also responsible for communicating significant accounting issues to the VPF and the company’s centralized accounting center. The Director of Finance also assists with overseeing the sales contracts administration function of the division.
Essential Duties And Responsibilities
Education/Certifications/Licenses
KB Home and its affiliates do not accept unsolicited resumes from individual recruiters or third party recruiting agencies (collectively, "Recruiters") in response to job postings. If Recruiters nevertheless submit one or more unsolicited resumes to any employee at KB Home or its affiliates without a valid written agreement in place for recruiting services, such resumes will be deemed the sole property of KB Home and its affiliates. No fee will be owing or paid to Recruiters who submit unsolicited candidate resumes, in the event any such candidate is hired by KB Home or its affiliates as a result of the submittal, without a valid written agreement between the Recruiter and KB Home.
KB Home is one of the largest and most recognized homebuilders in the United States and has built over 650,000 quality homes in our more than 60-year history. Today, KB Home operates in 45 markets from coast to coast. What sets KB Home apart is the exceptional personalization we offer our homebuyers from those buying their first home to experienced buyers allowing them to make their home uniquely their own, at a price that fits their budget. As the leader in energy-efficient homebuilding, KB Home was the first builder to make every home it builds ENERGY STAR� certified, a standard of energy performance achieved by fewer than 10% of new homes in America, and has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership and is designed to be healthier, more comfortable and better for the environment than new homes without certification. We build strong, personal relationships with our customers so they have a real partner in the homebuying process. As a result, we have the distinction of being the #1 customer-ranked national homebuilder in third-party buyer satisfaction surveys. Build your career with KB Home. Learn more.
JOB SUMMARY: Under limited supervision, the Director of Finance shares responsibility with the VP Finance for the creation of divisional business plans, budgets, forecasting and quarterly updates, as well as overseeing the accuracy of the accounting and internal financial reporting. The position must help to ensure financial integrity of the division in all aspects of reporting and the adherence to Generally Accepted Accounting Principles (GAAP) and company accounting policies, preparation of annual business plans, and safeguarding of assets. The Director of Finance is also responsible for communicating significant accounting issues to the VPF and the company’s centralized accounting center. The Director of Finance also assists with overseeing the sales contracts administration function of the division.
Essential Duties And Responsibilities
- Prepares annual business plans, quarterly forecasts, and monthly flashes to submit to the corporate office. Continually identifies and pro-actively manages execution failings compared to these submissions and partners with VPF on material changes on a timely basis.
- Creates and facilitates the execution of action plans to achieve specific results when necessary. Participates in the formulation of key business strategies and partners with the VPF to ensure execution of strategies. Partners with other disciplines to develop and implement best practices to achieve the division’s goals. Recommends enhancements to internal reports to better support management’s needs.
- Identifies cost savings and other profit enhancing strategies for the division. Works with VPF to maximize long term divisional growth, profits and return on capital by identifying/recommending opportunities to maximize profit equation. Periodically reviews division's costs and expenses and provides suggestions to ensure the lowest possible cost per unit is achieved.
- Actively participates in the land acquisition process and understands the division’s land pipeline, while ensuring the land pipeline supports high growth and market dominance with minimal risk to the Division’s budget. Oversees the land development budgets and works closely with land development managers to facilitate the timely updating and analysis of these budgets.
- Monitors and approves field purchase orders, check requests, security requests, lot starts, and recurring monthly payments.
Education/Certifications/Licenses
- Bachelor’s Degree required in Business, Finance or Accounting
- Master’s Degree preferred in Business, Finance or Accounting
- Current CPA license or qualified and willing to obtain licensure
- Demonstrated success in the homebuilding industry as executive professional in finance or accounting
- 6 years of related financial management experience
- 4 years of CPA/Public accounting experience
- Progressive levels of management responsibility within publicly traded organizations
- Strong technical and analytical skills
- Must be proficient in Microsoft Excel (at least intermediate level)
- Strong verbal and written communication, with the ability to take complex concepts and communicate succinctly and accurately
- Strong ability to work within a team-setting, inclusive of other’s ideas
- Excellent organizational and project management skills
- Conflict and Change Management skills
- Strong Business Acumen
- Demonstrated leadership abilities, including strategic planning, being results oriented, and a strong team motivator
- The ideal candidate must be able to complete all physical requirements of the job with or without a reasonable accommodation.
- Ability to stand or sit for extended periods
- Ability to move about work location
- Ability to drive/travel as needed
- Ability to walk up and down stairs
- Ability to observe details at close range and communicate information so others will understand
- Ability to transport and move up to 20 lbs and move as needed (for roles in Construction/Customer Service/IT/Land/Marketing/Sales/Studio)
- Periodically works in outdoor weather conditions (for roles in Construction/Customer Service/Land/Sales)
- Position is located on-site (11314 Richmond Avenue, Houston, TX 77082)
KB Home and its affiliates do not accept unsolicited resumes from individual recruiters or third party recruiting agencies (collectively, "Recruiters") in response to job postings. If Recruiters nevertheless submit one or more unsolicited resumes to any employee at KB Home or its affiliates without a valid written agreement in place for recruiting services, such resumes will be deemed the sole property of KB Home and its affiliates. No fee will be owing or paid to Recruiters who submit unsolicited candidate resumes, in the event any such candidate is hired by KB Home or its affiliates as a result of the submittal, without a valid written agreement between the Recruiter and KB Home.
