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Director of Finance (Multifamily Housing) in Franktown, Colorado at Monarch Investment and Management Group

NewIndustry: Real Estate/Property ManagementJob Function: Executive/Management
Monarch Investment and Management Group
Franktown, Colorado, 80116, United States
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Job Description

Position Title: Director of Finance (Multifamily Housing)

Description
Monarch Investment and Management Group, Monarch, operates unlike other real estate investment groups, which is why we beat industry standards in everything we do. Monarch is among the top 50 (#10) multifamily owners in the country. We owner/operate 344 apartment communities, encompassing over 80,000 apartments, spanning 25 states along with a ski/snowboard resort in Colorado.
We are an exciting group of private individuals, not a Real Estate Investment Trust (REIT) or Wall Street investors, which means we actually care about the properties we bring into Monarch and commit to the people we employ, our partners in the journey!
Our reputation speaks for itself as we don't just fill seats, we foster real career growth! Check out our Glassdoor reviews for yourself.

The Opportunity: The Director of Finance serves as a bridge between Monarchs operational teams, corporate departments, and external stakeholders. They are responsible for developing and implementing a strategic financial plan alongside corporate leadership, specifically overseeing the debt, insurance and accounting strategy and understanding tax ramifications.
If you're a finance professional who thrives in a complex, fast-moving environment and wants to do more than maintain the status quo this is your seat at the table.

This role is based at our Home Office in Franktown, Colorado. This is not a remote or work from home role with relocation assistance available.

What You'll Do:
  • Portfolio and property-level financial planning and analysis.
    • Responsible for conducting internal and external audits, identifying and measuring areas of weakness, both in reporting and exposure to fraud, and developing and implementing solutions.
    • Create metrics to monitor and report on corporate profitability across operating regions and inform decision-making.
    • Design program to measure internal compliance for preferred vendor/product usage and address underutilized programs.
    • Ensure proper reporting practices for lenders and government agency programs.
    • Assist with structuring insurance programs and monitoring programs performance.
    • Responsible for the reporting and claim management of Monarchs section 831 (b) insurance captive.
  • Research, develop, and improve financial systems.
    • Research and present on areas of potential growth, including Delaware Statutory Trust 1031 exchanges, 721 UPREIT exchanges, 1400Z-2 investment funds, etc.
    • Build and maintain financial / investment models to support market analysis, property performance evaluation, and scenario planning within current areas of operation, including: the acquisition, refinance, and sale of investment properties.
    • Identify opportunities to pursue local and national grants, tax credits and public/private partnerships.
    • Compile and analyze proprietary and third-party research on market dynamics and public policy related to company strategy and develop relationships with third party industry and political advocates.
  • Craft position papers on industry issues.
  • Maintain relationships with external stakeholders and counterparties, including: investors, lenders, elected officials, industry trade organizations, etc.
  • Collaborate and clearly communicate internally with asset management teams and department leaders on shared initiatives.
  • Actively support and foster an environment that encourages great employee and team development.
  • Promote and exemplify the Monarch brand and culture through daily influence and actions.
  • Additional projects and initiatives as needed.
  • Lead portfolio and property-level financial planning, analysis, and reporting including internal and external audits, fraud exposure assessment, lender compliance, and regional profitability metrics
  • Structure and oversee Monarch's insurance programs, including management of the Section 831(b) captive
  • Build and maintain financial models supporting acquisitions, refinancing, dispositions, and scenario planning
  • Research and present on complex investment structures including DST 1031 exchanges, 721 UPREITs, and Opportunity Zone funds
  • Identify and pursue grants, tax credits, and public/private partnership opportunities
  • Monitor market dynamics and public policy, and develop relationships with third-party industry and political advocates
  • Craft position papers and represent Monarch's interests with investors, lenders, elected officials, and trade organizations
  • Partner cross-functionally with asset management and department leaders to drive shared initiatives
  • Develop and lead a growing team as the role evolves
Knowledge, Skills, and Experience:
  • Bachelors degree in finance, accounting, economics, or related field.
  • Masters Degree or Professional Certification in finance or accounting field
  • Active professional license (CPA, CFA, etc.) preferred
  • 5+ years experience working in financial planning and analysis, corporate accounting or related field.
  • 5+ years management experience
  • Exceptional technical proficiency in preparing and understanding financial statements.
  • Advanced financial modeling skills and comfort building models from scratch.
  • Experience with large insurance programs
  • Familiarity with partnership accounting and tax.
  • Strong analytical skills, showing how to effectively evaluate work and identify opportunities and weaknesses to improve processes, systems, and projects.
Compensation & Benefits:
  • $190,000-$230,000 annual base pay
  • Profit Interest eligibility after 1 year
  • 401k planning with up to a 3% annual match
  • Paid Training programs
  • Tuition Reimbursement program
  • Paid Time Off, 1st Year = 80 Hours, 2-4 Years = 120 Hours, 5+ Years = 160 Hours
  • 8 Paid Holidays, 2 Paid day Holidays, Paid Birthday or Work Anniversary Off
  • 3-week paid sabbatical every 5 years with Monarch or 2 weeks pay bonus (Stay Bonus)
  • Under $50.00 /Month medical insurance through Blue Cross for employees
  • FREE basic Dental insurance for employees, buy up available
  • FREE basic life insurance for employees, buy up available
  • Free skiing at Monarch Mountain for your entire immediate family
This role requires pre-employment screenings that include a criminal background check, drug screening, and credit review.
Equal Opportunity Employer


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Job Location

Franktown, Colorado, 80116, United States

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