VP of Finance

Lennar Corporation
Morrisville, NC Full Time
POSTED ON 5/25/2024 CLOSED ON 6/23/2024

Job Posting for VP of Finance at Lennar Corporation


VP of Finance

US-NC-Morrisville

Job ID: 2024-32606
Type: Regular Full-Time
# of Openings: 1
Category: Financial
PAR - SUN

Overview

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.

VP of Finance Summary:

Manage the day-to-day financial functions of the division, including Accounts Payable supervision, corporate and divisional reporting requirements, and Payroll administration. Ensure Corporate Accounting policies are in place and followed.



Responsibilities

Divisional Leadership

  • Lead, coach, mentor and manage individuals and team to ensure top performance of all team members in achieving desired results while finding efficient and effective solutions that create overall organizational value.
  • Assist Division President in all functions of the division.
  • New Deals / Green Folders
    • Review and sign off final Green Folder to DP
    • Review with DOS; DOC; DOP etc.
    • Preparation of responses to regional questions
  • Community Start Ups -regular check lists of "to-dos" to ensure the community will open on time. Coordinating between departments to ensure all parties are moving forward including:
    • Final deal approval and closing on acquisition
    • Product design, cost per sq. ft., product approval
    • Construction start
    • Marketing campaign / grand opening
    • Pricing
  • Possess and demonstrate the qualities, characteristics and skills of a future Operations Leader and/or Division President

Projections

  • Construct a complete business plan and promote and complete updates
  • Hold divisional "ops" meetings, not less than quarterly, with department heads to review financial results, projections and strategic plans related to growth, cost saving initiatives and any other regional or corporate initiatives.
  • Implement procedures to maximize compliance with budgets and propose resolutions when budgets are being exceeded.

Operational Strategies

  • Land plans- manage 3 and 5 year land plans and assist in planning for strategic growth; develop working knowledge of all markets and competitors.
  • Third party financing - with corporate and region approval and input, VP of Finance and Ops should lead in securing third party financing in the form of debt, land banks or JV partners
  • Manage sales, starts, closings on a daily basis - understand what is driving them, are we on pace, can we push to exceed.
  • Company Acquisitions - take a lead in preparing overall financial analysis of any potential acquisition of another company or its assets.
  • Monitor construction cycle times and construction extras being requested to ensure compliance with divisional goals. Implement strategies if goals are not being met.

Overall Financial Statement Responsibility

  • With a group made up of VP of Finance and Ops, assistant controller or accounting manager and AP; the VP of Finance Ops still has responsibility of approval of the month end financials, month end reports, corporate deliveries, SOX template, etc).
  • VP of Finance and Ops has ownership of all numbers that are published from the division
  • Final review of financial statements, corporate deliveries, regional deliveries.


Qualifications

  • Bachelor's Degree in Accounting required, CPA preferred
  • MBA preferred
  • Seven years (7) minimum experience required in the position of a Controller, Comptroller, and or Director of Finance.
  • Advanced computer skills experience required- Microsoft Word and Excel, including the use of Hyperion, EssBase and JD Edwards
  • Excellent attention to detail
  • Professionally perform multiple, detail-oriented tasks with simultaneous deadlines
  • Excellent communication, analytical and writing skills as well as supervisory skills

Physical Requirements:

This is primarily a sedentary office position which requires the ability to bend, stoop, reach, lift, move and carry materials and supplies weighing 25 lbs or less. Finger dexterity is necessary.

Additional Requirements:

Ability to professionally perform multiple, detail-orientated tasks; good written, verbal and organizational skills.

This position outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties of the associates.

FLSA Status:

Exempt



Please see job description



PI238497458

 

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Estimate Salary for VP of Finance in Morrisville, NC
$281,169 (Medium)
$216,224 (25th)
$346,114 (75th)
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