Director of Finance at Altitude Property Management LLC – Pensacola, Florida

Position Title: Director of Finance

Reports To: Chief Financial Officer (CFO)

Direct Reports: Controller

Location: Pensacola, FL (On-site)

Employment Type: Full-Time, Exempt

Compensation Range: $140,000 – $185,000 base salary, commensurate with experience

Company Overview

At Unhitched Management we are a dynamic and growing real estate investment and property management company headquartered in Pensacola, Florida. Our portfolio encompasses 23+ directly owned properties held in separate legal entities, three investment funds driving property acquisitions, and a full-service property management company overseeing a total of 35+ entities, including 10+ properties managed on behalf of third-party investors and owners. This role sits at the center of a complex, multi-entity operation that demands both strategic vision and hands-on financial leadership.

Position Summary

The Director of Finance is the senior financial leader responsible for the overall financial operations & reporting. Position reports directly to the CFO, this individual will oversee all accounting, financial reporting, fund accounting, consolidating entries, treasury, budgeting, and financial planning functions across 35+ legal entities, three investment funds, and the property management company. The Director of Finance will directly supervise a Controller and work collaboratively with operations, asset management, and investor relations to ensure financial transparency, compliance, and performance optimization.

Financial Reporting & Consolidation

• Prepare and deliver combined and consolidated financial statements across 20+ owned property entities, three investment funds, the property management company, and all managed entities
• Develop and maintain a reporting framework that provides timely, accurate financial information to ownership, investors, lenders, and fund stakeholders
• Oversee monthly, quarterly, and annual close processes for all entities, ensuring accuracy and adherence to GAAP
• Coordinate and manage annual audits, tax preparation, and regulatory filings across all entities in partnership with external CPA firms

Investment Fund Accounting & Investor Reporting

• Manage the financial operations of three investment funds, including capital call tracking, consolidation entries, intercompany transactions, distribution calculations and waterfalls, investor allocations, and fund-level financial statements.
• Prepare and distribute quarterly investor reports, annual K-1 schedules, and ad hoc investor communications
• Monitor fund compliance with operating agreements, subscription documents, and regulatory requirements
• Support new fund formation and property acquisitions with due diligence and pro forma analysis

Property Management Company Finance

• Serve as the finance and accounting leader for the property management company, overseeing revenue recognition, expense management, and profitability analysis across 32+ managed entities
• Ensure proper segregation and reconciliation of owner funds, operating accounts, and security deposits in compliance with state regulations
• Review, analyze and upload property-level budgets and variance reporting for both owned and third-party managed properties
• Collaborate with regional and local property management leadership to optimize NOI performance, identify cost savings, and review Capex expenditures.

Treasury, Cash Management & Banking

• Oversee cash flow management, forecasting, and liquidity planning across all entities
• Manage banking relationships, loan covenants, debt service schedules, and refinancing activities
• Monitor and optimize management fee allocations and fund cash movements
• Budgeting, Forecasting & Strategic Planning
• Lead the annual budgeting process across all entities and funds
• Develop financial models and scenario analyses to support acquisition decisions, capital improvement planning, and disposition strategies
• Provide financial insights and recommendations to senior leadership on portfolio performance, growth opportunities, and risk mitigation

Team Leadership & Systems

• Directly supervise and develop the Controller; build out the finance team as the organization scales
• Evaluate, implement, and optimize accounting systems, property management software integrations, and reporting tools to improve efficiency and data integrity
• Establish and maintain internal controls, policies, and procedures appropriate for a multi-entity real estate operation

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or related field
• 10+ years of progressive finance and accounting experience, with significant responsibility for multi-entity operations
• 2–5 years of public accounting experience (Big Four or regional firm preferred)
• Demonstrated experience in real estate finance, including property-level accounting, fund accounting, and investor reporting
• Strong knowledge of GAAP as applied to real estate & hospitality, including revenue recognition and consolidation
• Proficiency with accounting software (QuickBooks, Yardi, AppFolio, or similar property management/accounting platforms)
• Advanced Excel and financial modeling skills

Preferred Qualifications

• MBA or Master’s degree in Accounting or Finance
• Direct experience with real estate investment fund structures (LP/GP, waterfall distributions, capital accounts)
• Experience with property management company accounting and trust account management
• Prior experience managing or mentoring a finance team in a growing organization
• Experience with system implementations or migrations in a multi-entity environment
• CPA designation preferred

Key Competencies

• Multi-entity complexity management – ability to see the big picture while maintaining precision across dozens of entities
• Investor and stakeholder communication – ability to translate complex financial data into clear, actionable reporting
• Process improvement orientation – proven track record of building scalable systems, controls, and workflows
• Leadership and team development – ability to coach, mentor, and grow a finance function
• Judgment and integrity – sound decision-making in ambiguous situations with a commitment to accuracy and ethical standards

Compensation & Benefits

• This position offers a competitive compensation package reflecting the complexity and scope of the role:
• Base salary: $140,000 – $185,000, depending on experience and qualifications
• Performance-based bonus opportunity
• Paid time off and holidays
• Professional development support (CPA CPE, industry conferences)

Compensation Note: The stated salary range reflects market data for finance directors in the Pensacola, FL market and the real estate industry nationally, adjusted for the significant scope and complexity of this role (30+ entities, three funds, combined reporting). Candidates with exceptional experience managing comparable multi-entity portfolios may be considered at the higher end of the range.

Equal Opportunity Employer. We are committed to creating a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other protected characteristic.

This is a smoke free environment.