VP, Development Finance - DuPont Fabros Technology - Washington, DC

VP, Development Finance - DuPont Fabros Technology - Washington, DC -

VP, Development Finance
DuPont Fabros Technology – Washington, DC

Stories to: EVP, Chief Development Officer
Division: Finance & Accounting
Direct studies: Senior Development Accounting Affiliate; Director, Development Accounting; Supervisor, Development Accounting

Place Goal:
The Vice President of Development Finance will oversee, assessment and make sure the completion of monetary and procedural operations associated to all of DFT’s knowledge middle improvement tasks. This place will oversee senior degree employees with each improvement and finance/accounting skillsets, and does require a radical information of the event and development course of, an in depth understanding of accounting rules in addition to an general robust enterprise acumen. This extremely seen position will interface day by day with executives and employees in Development, Development, Accounting, Finance, in addition to a number of exterior Basic Contractors and distributors. This position requires a assured and professional demeanor.

Obligations – Duties embrace however aren’t restricted to:
Monitor and keep budgets for knowledge middle improvement tasks; making certain adherence to approval processes; price range totals are at present over $1.0B

Assessment and analyze improvement undertaking budgets; noting and discussing variances with the VP Development and CDO to hunt readability or resolve associated points.

Present re-forecasted value ranges and money flows for quarterly monetary reporting.

Present professional forma improvement projections for the multi-yr marketing strategy.

Create and current improvement projections for CDO, CFO, CEO with a purpose to acquire Board approval to begin improvement tasks.

Contract administration-ensure compliance to contract phrases for engaged consultants on improvement tasks, together with architects and engineers. Determine points and search swift decision on disputes or variances from contract phrases.

Associate with Basic Contractors so as to add efficiencies and guarantee program compliance for monitoring and reporting subcontractor prices month-to-month.

Evaluation and approve all exhausting and gentle prices related to every improvement challenge.

Analysis and resolve points resembling value allocations between phases, curiosity capitalization, job costing, and so on.

Create and monitor landlord budgets related to work required per our leases.

Set up relationships with financial improvement and metropolis/municipality planning personnel as wanted to make sure the corporate receives all financial incentives out there to our improvement tasks.

Work intently with the event workforce on the entitlement course of together with putting surety bonds associated to proffers.

Doc, replace and keep operational and monetary course of relative to Sarbanes Oxley necessities.

Function the purpose individual for danger management, to incorporate all insurance coverages forproperty, basic and umbrella legal responsibility, in addition to air pollution/environmental and different vital legal responsibility coverages as required.

Carry out monetary due diligence associated to potential acquisitions, which can embrace reviewing knowledge room info and coordinating with VP, Development and Development managers to find out feasibility.

Successfully handle and encourage a rising staff of execs to satisfy their deadlines and increase their roles as the corporate and division evolve.

Help outdoors Audit workforce with quarterly evaluate and annual reporting.

Journey:
Potential to journey to knowledge middle websites, shopper conferences, trainings or conferences as requested and required.

Required Qualifications:
B.S. Accounting or Finance

CPA required

Associated diploma with a CPA may be thought-about.

10+ years’ expertise, with growing ranges of duty

Actual Property business expertise is required; expertise working with an Proprietor/Developer extremely most popular

Public Firm historical past of expertise most popular

Extraordinarily robust capabilities in Excel required, in addition to Microsoft Workplace proficiency

Expertise in Nexus, MRI (or like software program; Yardi, Jenark, and so on) extremely most popular

Functionality to schedule time with flexibility to deal with various workload, and nonetheless meet tight deadlines

Means to multi-process and work a number of tasks concurrently

Capability to work properly in a group setting that’s demanding and quick paced

Accountable angle with robust work ethic; main by instance in attendance, angle and technical work product

Potential to work extra time as wanted is a requirement

Robust written and verbal command of the English language

Potential and willingness to answer emails after hours within the occasion of an emergency

All candidates chosen for consideration should undergo and move DFPM’s background examine

All staff employed should signal and cling to DFT’s Code of Conduct, and Worker Confidentiality Settlement

DFT presents its staff a aggressive wage, as nicely annual bonus and fairness alternatives. We foster a artistic, entrepreneurial office the place unbiased, accountable individuals thrive. DFT delivers excellent advantages to its staff, together with medical/dental/imaginative and prescient, lengthy and brief time period incapacity, life insurance, 401(okay), EAP, health club rebate, and extra! To seek out out extra about DFT, go to us at www.dft.com.

DuPont Fabros Technology, Inc., DF Property Administration, LLC and its associates are Equal Alternative Employers.

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