Job #1894: Director of Financial Reporting - CA (8/28/2023)

CIRE Equity is an entrepreneurial, growth-oriented company focused on the creation and preservation of wealth through targeted investments in commercial real estate in the 
Western United States. 
We are passionate about real estate, dedicated to hard work and strive for excellence in everything that we do. We value our employees and aim to create a fun, merit-based environment that encourages hard work, creative thinking and high-quality performance. 
We foster persistent improvement, and we are seeking likeminded individuals who share 
our attention to detail and passion for excellence to join our growing team.

At CIRE Equity, we want our employees to be successful, and we believe that a large part of success is aligned around our unique core values that form our cultural DNA. 

PERSISTENT IMPROVEMENT
Relentless Cultivation of Our Potential 

QUALITY PERFORMANCE 
Executing Beyond Expectations

CREATE OPPORTUNITY
Innovative Thinking to Produce Value

AUTHENTIC COMMUNITY 
Building Relationships Through Sincere Interactions

We value our team members emotional intelligence and awareness more than just technical skills because we believe creating a safe place to share openly and receive direct feedback leads to higher functioning teams and resilience to overcome any challenge. We work hard and play harder, celebrating company success as a team.

We are seeking a highly skilled and experienced Director of Financial Reporting to join our dynamic team. As the Director of Financial Reporting, you will play a pivotal role in managing the financial reporting function across all CIRE funds, ensuring accurate and timely financial reporting in compliance with regulatory requirements and Generally Accepted Accounting Principles (GAAP). You will work closely with cross-functional teams, senior leadership, external auditors, and other stakeholders to uphold the highest standards of financial transparency and integrity. 

FINANCIAL REPORTING LEADERSHIP:

• Oversee the preparation and review of all financial statements, including balance sheets, income statements, cash flow statements, footnotes, EPS calculation and Management Discussion and Analysis (MD&A) ensuring accuracy and adherence to US GAAP.
• Lead the preparation of quarterly and annual financial reports, SEC filings (10-Q,10-K), press release and other required regulatory disclosures in a timely manner, as required.
• Research accounting literature and apply technical standards and analysis to complex or non-recurring business issues and transactions. Prepare written accounting memos documenting such issues/transactions for review by management and external auditors.
• Monitor financial reporting and accounting issues as released by the SEC, FASB and other technical authorities. Specific areas of interest are revenue recognition, business combination, capital and operating leases, goodwill intangible assets, fair value measurements, joint ventures and strategic partnerships and restructuring / exit costs, REIT accounting.
• Participate in the preparation of quarterly and annual earnings release, investor decks, and other outside communications, as appropriate. 

EXTERNAL REPORTING AND COMPLIANCE:

• Collaborate with external auditors to facilitate the audit process, addressing inquiries and providing necessary documentation to ensure a smooth and efficient audit.
• Stay current with emerging accounting standards and regulatory changes, assessing their potential impact on the firm's financial reporting practices and ensuring compliance.
• Monitor and interpret evolving reporting regulations, ensuring the firm's continuous adherence to relevant reporting standards.

INTERNAL COLLABORATION:

• Work closely with the finance team, including the CFO, external fund administrator and VP of Accounting to ensure accurate and timely financial data collection, analysis, and reporting.
• Collaborate with legal, tax, and other departments to ensure financial reports and 
  disclosures are aligned with legal and tax requirements. 

PROCESS IMPROVEMENT:

• Identify opportunities to enhance financial reporting processes, increase efficiency, and improve the accuracy of reporting deliverables.
• Implement best practices and standardized procedures to streamline reporting workflows and reduce potential risks. 

STAKEHOLDER COMMUNICATION:

• Prepare and present financial reports to the executive team, and other key stakeholders, conveying complex financial information in a clear and concise manner.
• Participate in investor relations activities, addressing inquiries related to financial reporting and disclosures to ensure reports are disseminated within designated 
  timeframes.

REPORTING STRUCTURE
Position reports directly to: Co-Founder & Principal – Trevor Smith

VITAL GOALS/PERFORMANCE MEASUREMENTS

• Timely submission of corporate, property, and fund financial statements
• Accurate financial statements
• 100% compliance with audit FINRA, and SEC regulations as applicable
• Timely quarterly investor reporting review

• Bachelor's degree in Accounting, Finance, or related field; CPA designation strongly preferred.
• 10+ years of progressive experience in financial reporting, accounting, or auditing, with a substantial portion of that experience in the real estate or REIT industry.
• Expert knowledge of US GAAP and SEC reporting requirements. Specifically, investment company and historical cost basis reporting for public and private real estate funds.
• Experience managing and leading financial reporting teams.
• Exceptional analytical, problem-solving, and communication skills.
• Proven ability to work in a fast-paced environment and manage multiple priorities effectively.
• Proficiency in accounting software, financial reporting tools, and Microsoft Office Suite.
• Strong attention to detail and accuracy, coupled with a strategic and forward-thinking mindset.