Chief Financial Officer

ABOUT OUR COMPANY

Paragon Life Builders is locally owned and is operated exclusively in the Las Vegas Valley. We develop residential communities that are typically either single-family or multi-family, but we also build luxury homes and other types of construction.

Our continued success is a testament to the fact that we enjoy what we do. This is also evident in the relationships that we sustain with our venders, with our customers, and with each other. So long as we maintain this balance and approach to our business, we feel that we can never truly fail.

The Paragon team is currently looking to grow, which is tricky because great talent is sometimes hard to find. Please consider the job opening below, check out some of our work, and ask around. We hope that you’ll be enticed and wish to pursue this next opportunity with us.

POSITION SUMMARY:  CHIEF FINANCIAL OFFICER

Reporting directly to the company owners, the CFO role is a key member of the executive management team and has ultimate responsibility for the overall finance & accounting, and administrative operations of the company.

The CFO’s specific responsibilities include, but are not limited to the following:

CORPORATE RESPONSIBILITIES & OBJECTIVES:

• Lead the company’s administrative operations.
• Management of overall cash flow sources and uses, and capital needs.
• Participation in the company’s investment and financial strategy.
• Forecasting and management of G&A budgets and expenses.
• Preparation, analysis, and presentation of financial statements, financial reports, special analyses, and ad-hoc informational reports.
• Develop and implement systems and processes to facilitate the flow of information between departments.
• Establish, maintain, and ensure that effective financial policies, procedures, and internal controls are in place for proper safeguarding of cash, inventory and fixed assets.
• Responsibility for corporate entity filings (IRS, NV Secretary of State, etc.), and documentation (operating agreements, amendments, etc.).
• Develop, document, and implement finance, accounting, billing, and auditing procedures as needed.
• Project and analyze cash flow, cost controls, and expenses to guide business leaders.
• Administer and maintain all corporate-level insurance requirements including all components of Worker’s Compensation insurance.
• Track and maintain all professional licenses and memberships. 
• Oversight of all payroll, human resources, and benefits functions.
• Management of all corporate consultants including but not limited to CPA (annual tax return filings), attorneys, etc.

PROJECT-LEVEL RESPONSIBILITIES & OBJECTIVES:

• Responsibility for all project fund raising efforts including but not limited preparation and presentation of project packages and requirements for lenders and/or equity partners.
• Generate, analyze, and present project analyses, models, proformas, sensitivities, and feasibilities in Excel for acquisition, development, construction, and leasing transactions.
• Oversee the preparation, and maintenance of project budgets in collaboration with the Purchasing Manager and all other appropriate resources, with subsequent rolling forecast updates, and data entry.
• Management of project financing related activities from: production of financial models and investment packages, to coordination of the closing of debt and equity financing.
• Sourcing of debt and equity project capital.
• Coordinate due diligence and closing process with construction lenders and joint venture equity partners.
• Track and maintain project performance:
  • Manage investor data including equity placement, capital balances, ownership percentage, profit splits, distributions, etc. 
  • Review project performance vs budgets.
  • If applicable, maintain joint venture waterfall/profit share schedules making sure the calculations adhere to the specific project agreement.
• Review and provide recommendations on key project agreements, including mortgages, loan documents, subordination agreements, partnership agreements, guarantees, etc.
• Fulfill all post-close project capital administration and reporting requirements to lenders and equity partners.
• Source and maintain project-level insurance and bond requirements.
• Act as liaison with appraisers or inspectors seeking project-specific information.
• Oversee and review of monthly draws and capital calls.
• Oversee and review sales transaction and escrow management through to close.

REQUIRED SKILLS & EXPERIENCE:

• Degree in Accounting, Finance or related field is required.
• Financial management experience, including oversight for all accounting, finance, fund raising, strategy, forecasting, and budget functions.
• Knowledge and experience with real estate accounting, finance, and fund raising is a plus.
• Experience in the homebuilding industry as an executive in finance or accounting is a plus.
• Experience with real estate debt and equity fund-raising and respective Excel modelling.
• Knowledge of finance, accounting, and budgeting.
• Ability to analyze financial data and prepare financial reports, statements, and projections.
• Experience with real estate transactions including but not limited to: escrow & title; mortgages; Homeowner’s Associations; etc.
• Work requires professional written and verbal communication and interpersonal skills.
• Expertise in Microsoft Excel and Quickbooks.
• Competency in other Microsoft Office products including Word, and PowerPoint.
• Strong leadership, communication, organizational, interpersonal, work-ethic, and project-management skills.

WORK REQUIREMENTS:

• Work full-time schedule with flexibility for overtime when necessary
• Must have a vehicle, valid driver's license, and be willing to drive among and between the company’s communities and potential new sites during the daytime and nighttime
• Conduct business in a professional and ethical manner to potential buyers, trade partners, external officials, and coworkers to reinforce goodwill and profitability for the company

BENEFITS INCLUDE:

• Medical, Vision, and Dental
• 401(K) with Matching
• 10 Days of Personal Time Off
• 13 Company Holidays!