Vice President of Finance in Roseville, CA at Lennar

Date Posted: 7/10/2024

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Roseville, CA
  • Experience:
    Not Specified
  • Date Posted:
    7/10/2024
  • Job ID:
    R24_0000000584
  • Category:
    Accounting
  • Company:
    Lennar

Job Description

Welcome Home! Build your career with Lennar: As one of the nation’s largest builders, Lennar has built over one million new homes for families across America. Since 1954, our communities have catered to all lifestyles and family dynamics, whether you are a first-time or move-up buyer, multigenerational family, or active adult.

At Lennar, Everything’s Included in our homes, and Everyone’s Included on our team. Our Everyone’s Included vision is to be as inclusive and diverse as the communities we build unleashing the power of diversity within our workforce to drive innovation & sustainable growth.

 

Lennar's Core Values: Our commitment to Quality, Value, and Integrity is the underlying foundation upon which Lennar was built, and these three fundamental principles still guide us in caring for our customers, associates, trade partners, shareholders, and community.

 

Vice President of Finance Summary:

The VP of Finance is responsible for providing Regional, Division management, Corporate office and Joint Venture partners with timely and accurate financial statements, reports, forecasts and analysis, performing accounting services, complying with company accounting policies and procedures, and ensuring compliance with internal reporting requirements. This is a management level position and is directly responsible for overseeing and managing the functional operations of the Accounting, Accounts Payable, Escrow and Budget Departments.

 

Responsibilities:

  • Prepare timely and accurate monthly financial statements, reports and forecasts as required by Lennar policy and reviewed with executive staff.

  • Responsible for JV accounting, compliance, and preparation of financial reporting packages.

  • Ensure division compliance with corporate policies and procedures, Sarbanes-Oxley requirements, and JV operating agreements. Meet the corporate reporting deadlines as outlined on corporate calendar.

  • Prepare annual financial plans and updates. Prepare monthly forecast and updates.

  • Coordinate and review budgets and conduct monthly job revision budget reviews with division personnel. Assist in development and monitoring of general and administrative budgets for JV’s and division. Review budgets monthly with senior management.

  • Manage cash flows for all JV’s to ensure adequate cash at all times, request capital contributions, prepare distributions.

  • Manage bank loans including coordination with lenders, draw requests, interest calculation and accrual and reporting.

  • Responsible for the coordination of divisional and JV audits with internal and external auditors and respond to corporate audit requests.

  • Responsible for the coordination of the divisional and JV audits with internal and external auditors and respond to corporate audit requests.

  • Evaluate new opportunities and provide input into purchase and sale agreements, operating agreements, management agreements.

  • Oversee the processing of invoices to ensure the accurate and timely payment of all vendors and subcontractors in accordance with contracts and budgets, and ensure that real property is protected from mechanics liens.

  • Assist in the preparation and presentation of the Quarterly Operations review meetings.

  • Perform all other duties as assigned. Several years of progressive accounting experience, through the VP Finance level in the Homebuilding industry required

Qualifications:

  • Bachelor of Science degree with emphasis in accounting and finance

  • Understanding of generally accepted accounting principles, cost accounting with the emphasis on job costing, and a background in income tax and real estate law

  • Extensive knowledge of joint venture accounting policies desirable

  • Ability to calculate figures and amounts such as discounts, interest, commissions

  • Able to work independently with minimal supervision

  • Proficiency with various computer hardware, software and accounting systems that are used in the real estate industry. JDEdwards accounting system experience desirable

  • Intermediate skills in Microsoft Office

  • Valid driver’s license

  • Good language skills, both written and oral

Qualifications and Additional Requirements:

  • Several years of progressive accounting experience, through the VP Finance level in the Homebuilding industry required

  • Bachelor of Science degree with emphasis in accounting and finance

  • Understanding of generally accepted accounting principles, cost accounting with the emphasis on job costing, and a background in income tax and real estate law

  • Extensive knowledge of joint venture accounting policies desirable

  • Ability to calculate figures and amounts such as discounts, interest, commissions

  • Able to work independently with minimal supervision

  • Proficiency with various computer hardware, software and accounting systems that are used in the real estate industry.  JDEdwards accounting system experience desirable

  • Intermediate skills in Microsoft Office

  • Valid driver’s license

  • Good language skills, both written and oral

  • Deal with stress and frustrations of fast-paced job

  • Work late hours and weekend overtime as required from time to time

  • Follow directions from a supervisor

  • Interact well with co-workers

  • Understand and follow posted work rules and procedures

  • Accept constructive feedback and team player

Physical Requirements:

This is primarily a sedentary office position which requires the ability to occasionally bend, stoop, reach, lift, move and carry office materials and supplies weighing 25 pounds or less. Finger dexterity is required to operate a computer keyboard and calculator. May be required to operate a motor vehicle.

 

Life at Lennar: Lennar recognizes our associates are the heart of the company’s success. Learn new skills, build your path, and become an integral part of the Lennar Family. Lennar associates will be eligible for many benefits in accordance with Lennar’s policies and applicable plan terms, including:

  • Health Insurance - Medical, Dental & Vision

  • Vacation – up to 3 weeks of vacation per year upon hire

  • Holidays, Sick Leave, & Personal Days

  • 401(k) Savings Plan with company match

  • Paid Maternity & Bonding Leave

  • New Hire Referral Bonus Program

  • Home Purchase Discount for Associates

  • Associate Assistance Plan

  #LI-NM1

  • This information is intended to be a general overview and may be modified by the company due to factors affecting the business.


General Overview of Compensation & Benefits:

We reasonably expect the base compensation offered for this position to range from an annual salary of $187,641.42 - $241,337, subject to adjustment based on business-related factors such as employee qualifications, geographic pay differentials (e.g., cost of labor/living, etc.), and operational considerations.
  • This position may be eligible for bonuses.
  • This position may be eligible for commissions.
  • This position will be eligible for the described benefits listed in the above section in accordance with Company Policy.
  • This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.

Lennar is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws.