PLK Communities Looking for Director Of Finance at Cincinnati, OH, United States Full Time

Job Description

As a premier owner and manager of residential properties, PLK Communities specializes in the acquisition, redevelopment, construction and management of high quality apartment communities.

Currently, we are in search of an enthusiastic full-time Director of Finance to join our Corporate Accounting team at our Corporate Office in the Kenwood Tower in Cincinnati, OH.

Responsibilities and Duties

• Be a primary contact for lenders to secure all loans for PLK. This includes acquisition, development, supplemental, refinances, renewals, and owner personal loans in line with PLK’s liquidity strategy. This will entail sourcing loans, reviewing loan request packages, as well as managing the financing closing process.
• Review our existing loan portfolio and develop strategy and approach on when and how to modify loans due to maturities, loan balances, risk, guarantees and other critical factors to allow for our continued growth and to reduce our overall risk.
• Manage and forecast liquidity needs for new acquisitions and development deals.
• Be an integral part in managing the budget of PLK Communities (Management Company)
• Review Budget Variance Reports monthly for both Operating, Construction, and Development entities and summarize for the Executive Management Team.
• Review quarterly financial reports and summarize to the Executive Management Team.
• Review Bank Draws submitted to the Bank
• Review financial reports from our renovation division.
• Review costs and ensure rents and expenses are tracking to budget.
• Prepare and update SREO Schedules (Global Cash Flow) and Debt Summaries for Lenders and Owner.
• Manage portfolio financial performance analysis and reporting:

• Ensure prompt delivery of and compliance with financial statements and loan covenants.
• Oversee quarterly portfolio performance reviews and send summaries to Executive Management Team
• Construct and maintain detailed financial models and develop sensitivity analyses.

Benefit Summary

• Medical
• Dental
• Vision
• Company paid Life and Short Term Disability
• Voluntary Life
• Long Term Disability
• Flex Spending Account
• Health Savings Account
• 401(k) with 4% employer match
• Paid vacation and holidays
• Paid company events
• Paid community volunteering
• Referral bonus
• Rent discount potential