Finance Manager

Recruiter
Hutton Development
Location
Chattanooga, Tennessee, United States
Salary
USD 21.63 - 31.25 per hour
Posted
23 Nov 2020
Closes
26 Nov 2020
Ref
369343174
Job role
Finance manager
Experience level
Manager
Description

Job Description:

Finance Manager

We are looking for a detail oriented, problem solver with a strong work ethic. The ideal candidate will have a roll up the sleeves, can do attitude, will be relationship-oriented, and have a passion for real estate and financial analyses. They will perform a variety of integral functions related to the Corporate Finance department and be adept at working through problems using analytical tools and by creating internal and external relationships to assist in generating the best possible result.

He or she will assist in capital market transactions to include originating all single tenant construction loans, extensions, renewals, and refinances, lender communication & negotiating loan terms. They will have a broad set of responsibilities and tasks, working closely with the acquisitions & dispositions, legal, accounting, IT, real estate, property management, development, and construction teams.

Requirements:

§ Operates with a mindset of delivering consistent and exceptional customer service to all internal and external clients and partners

  • Strong interpersonal skills necessary to interact with groups internally and externally, including senior executives
  • Superior analytical skills, strong attention to detail, and the ability to highlight the most important take-aways
  • Highly organized with effective time management stills
  • Reliable self-starter with the ability to work independently and within a team
  • Advanced verbal and written communication skills
  • Strong work ethic, proactive, and adaptable


§ Robust technology skills, including proficiency in Microsoft Office Suite

§ Strong capabilities or significant interest in financial modeling

Essential Functions:

  • Prepare new loan deal packages to include diligence files for lenders and appraisers, loan pricing model, draw schedule (DCR), and calculating the closing disbursement
  • Assist Director of Finance and CFO to oversee all capital markets transactions, including all loan originations, renewals, modifications and payoffs
  • Review and approve legal documents for construction loan closings, land closings, renewals, extension, and modifications
  • Contribute to origination and review of term sheets and complete understanding of the loan pricing model in order to negotiate loan terms
  • Develop strong relationships and effective lines of communication with colleagues and third parties (including joint venture partners, investment sale brokers, lenders, investors, tenants and loan servicers)
  • Prepare the monthly finance binder for executive leadership to include cash forecasts, financial forecasts, loan maturities, appraisals, and other reports as needed
  • Order/review appraisals for accuracy and communicate the report to the specific project team including executives how the value effects loan proceeds
  • Participate in meetings for investment acquisitions/dispositions and construction loan/land closings to determine capital needs.
  • Provide lenders quarterly and annual reporting to maintain financial covenants. Reporting to includes debt service calculation, rent roll, balance sheet & income statement, valuation & lender summary, liquidity report, tax returns, and audit.
  • Maintain accurate tracking of all loans and financing activities, including lender capacity, comparable transaction data, appraisal tracking and lender relationship activities
  • Assist in maintaining and updating the Company's corporate model, including budgeted and forecasted financial statements, cash projections and portfolio statistics
  • Provide analytics and insights to inform Company-specific assumptions, Company strategy and organizational goal setting
  • Cross-train with other members of the finance team to learn the cash forecasting, debt management, and HREH2 / senior credit facility quarterly compliance certificates
  • Participate in various corporate capital markets activities and transactions, including the documentation of, and subsequent procurement of equity, preferred equity and/or structured debt
  • Create and maintain routine and ad hoc reporting
  • Complete special projects pertaining to market and portfolio analytics as requested