Director of Finance, Turtle Bay Development

Arete Collective LP • Kahuku, HI

1d • Onsite

About The Position

Areté Collective was founded with a vision to transform development into a harmonious balance that benefits both the land and its people. As an award-winning master-planned community developer, we unite a collective of industry leaders who have spent the last two decades shaping luxury communities, golf courses, and private resorts. Our expertise extends to successfully managing golf courses and communities, ensuring that each project reflects our commitment to quality and sustainability. Areté Collective assumed operations of the Arnold Palmer Golf Course and the Fazio Golf Course in July 2024. Areté’s mission is to enhance the playing experience for guests while implementing strategies to conserve water and improve the overall maintenance of the courses. Our local Turtle Bay Golf team is comprised of PGA Professionals and golf instructors, agronomy experts, and retail specialists. Position Summary: The Director of Finance will serve as the onsite finance and accounting leader for the Turtle Bay project (“Project”) and is responsible for the financial oversight of the Project, executing Turtle Bay’s long-range financial direction, and delivering short-term financial goals and objectives. Areté Collective leverages a Centralized Finance Team (“CFT”) located in Salt Lake City, UT to provide leadership and support for all project teams. The Director of Finance will be a skilled navigator, expertly guiding the financial ship through day-to-day operations and solving problems. This person will work with the CFT to ensure timely closing and reporting of financial results and financial forecasts to drive the Project forward. This position will report to the Director of Accounting, Development, Areté Collective.

Requirements

• Bachelor's degree in Accounting.
• Minimum of 7-10 years of relevant Finance experience, with at least 3-5 years in a leadership role.
• Experience building and improving accounting processes, controls, and systems in accordance with accounting principles (US GAAP).
• Highly skilled in Word and Excel.
• Excellent written and oral communication skills.
• Ability to communicate with professionals at all levels.
• The Director of Finance works onsite in the office at the Turtle Bay Development site 5 days per week.

Nice To Haves

• MBA and/or CPA preferred but not required.
• NetSuite and Hyperion software experience a plus.

Responsibilities

• Business Planning, Decision Support & Performance Advisory: Take a lead role in the annual planning and budgeting process. Lead complex financial analyses, directly, or with the support of the CFT. Provide support and advice to the CFT regarding tax strategies. Assist with the execution of the annual audit.
• Capital Project Management: Own, manage and enhance tools for job costing, budgeting, forecasting and reporting on capital projects. Ensure project risks are effectively assessed and actions are taken to mitigate. Execute detailed and comprehensive Contract Management (to include certificates of insurance, lien releases, etc.).
• Reporting & Performance Management: Partner with the CFT to execute weekly cash flow forecasting and monthly reporting. Conduct regular variance analysis to compare actual financial performance against budgets and forecasts, identifying trends, discrepancies, and areas for improvement. Own and drive the forecasting for development capital project costs and development operations costs.
• Financial Operations, Governance and Risk Management: Lead the onsite execution of the project’s daily financial and accounting operational responsibilities. Manage and monitor financial controls and overall risk management for the Project. Partner with the CFT to implement proper cost accounting and controls. Assist the CFT with fund-raising, compiling historical data, ensuring compliance with reimbursement requirements, etc. Mentor and train team members, including new and existing, in areas such as forecasting, planning, financial systems for non-finance users, and other finance related tools.
• Accounting Oversight: Oversee project accounting for all real estate development projects, including tracking budgets, costs, and capital expenditures. Manage the preparation of project-specific financial statements and reports for internal and external stakeholders. Ensure compliance with GAAP, tax regulations, and reporting requirements. Prepare and coordinate audits related to development projects Collaborate with CFT, legal, and operations teams to structure and account for complex real estate transactions, including sales & acquisitions of real estate.

What This Job Offers

• Job Type: Full-time
• Career Level: Director