The Director - Portfolio and Finance Management is the lead LCS representative and point of contact with our partners and Dallas Operations. The primary responsibility of this position is the optimization of the LCS investment made in the six LCS Dallas communities. Critical responsibilities include overseeing the strategic direction for the Dallas portfolio of communities, as well as supporting key stakeholders with operational execution. In addition, the role incumbent will work closely with the LCS community finance team on the provision of accurate and clear financial reporting that will be used to provide management the information needed to make sound business decisions.
The role incumbent identifies relevant datasets and prepares custom or standard reports, as well as preparing analysis in the areas of investment returns, partner distributions/capital calls, community valuations, and community performance. The role incumbent also:
Analyzes and interprets financial plans, budgets, tax returns, profit and loss statements, or other financial documents.
Identifies financial trends and reports on the organization's financial position and performance relative to expectation.
Researches broader economic conditions and incorporates findings into financial models.
Together, We’re Greater
At LCS, we provide you the opportunity to use your talents in a progressive, growing organization that makes a positive difference in the lives of the seniors we serve. If you are seeking an organization that gives back, you’ll love working here. Our principles and hospitality promises define our company culture. LCS employees can be found participating in volunteer activities, getting involved in our committees or collaborating with team members in our innovative work space. You’ll find lots of opportunities to grow as a professional, serve the community, and enhance the lives of the seniors. Our culture of partnership is truly we feel what makes us unique.
Ready to make a difference? Then join us as a Director – Portfolio and Finance Management. We think it’s time for you to begin your #lifeatLCS.
What You Need To Know
Directs the performance of portfolio, to ensure company goals, milestones, and objectives are met.
Conducts financial analysis to maximize return on investments for the portfolio.
Collaborates cross-functionally with investment partners and operational leaders on matters of current or potential investment decisions.
Ensures portfolio financial performance meets expectations and complies with debt and equity requirements. Recommends modifications to capital structures that are accretive to investment returns.
Stays abreast of any economic factors or specific industry trends that may affect investment decisions.
Ensures compliance with affiliated requirements
Responsible for aligning departmental strategy or direction with the overall goals of the portfolio.
Helps drive the communication of organizational performance outcomes to senior leaders, management group and other business leaders to drive understanding of business performance, projections, and key business drivers.
Implements policies and programs to maximize property values. Responsible for negotiating leases, preparing management contracts, monitoring on-site property managers, and completing a variety of other asset / property management field functions.
Supports the community finance team in the establishment of community budgets and 10-year plans, including common assumptions, schedule, deliverable requirements and the overarching review process. Prepares and delivers summary for partner discussion, review and approval.
Supports and monitors the accounting and financial operations and financial analysis of communities to insure that timely, accurate and complete financial statements.
Leads, directs and develops cross-functional team members involved with the LCS Dallas portfolio.
Represents the LCS ownership position of the LCS Dallas portfolio at community meetings, LCS leadership meetings, and Board meetings as well as industry associations, events and meetings.
What We Are Looking For
Bachelor’s degree in business, accounting or finance.
Fifteen + years relevant experience required.
Significant knowledge of senior living industry and performance drivers/benchmarks across the industry and across all product types and business lines
Strong financial acumen
Exceptional teamwork and ability to collaborate with others to accomplish enterprise wide activities.
Experience in Senior Living Real Estate investments and/or asset management.
Experience with Skilled Nursing Facilities.
Strong written and verbal communication skills, including developing and leading key presentations to all audience levels.
Sound like a good fit? Let’s talk about how together we can be greater!
Industry leader. We have been in the business of Senior Living for over 40 years. Nearly 90% of Life Care Services-managed health centers have a 4- or 5-star rating.
Competitive pay, great benefits and vacation time. We are an equal opportunity employer with benefits including medical, dental, life insurance, disability, 401(k) with company match.
Family oriented culture. We provide a positive and supportive work environment which our employees value. Flex-time, work from home, and social activities with employees and their families add to our family centric approach.
Charity and community involvement. We are recognized as a national team for the Alzheimer’s Association and consistently a top contributor to United Way. We also support our employee’s individual community contributions and provide opportunities to get involved at our corporate locations and in our communities.
Outstanding advancement opportunities. 650 and counting; LCS is growing and we think you should too. Our company growth allows for internal growth opportunities across all of our business lines.
Professional development. Ongoing, onsite education opportunities, education assistance, and continuing education credits allow LCS employees to keep their knowledge of current industry changes relevant.
Fun companywide events. Leadership Summit, SHOE, and our annual company holiday party; just to name a few.
Top Iowa Workplace. We’ve created an environment where LCS employees enjoy coming to work. LCS has been named a top Iowa Workplace, an award that recognizes the top workplaces based on employee survey results each year.
LCS creates living experiences that enhance the lives of seniors. You’ll see this commitment in our people. They’re talented, dedicated professionals who truly care about residents, with each conducting his or her work with integrity, honesty and transparency according to the principles of LCS. We strive to help every community succeed—strengthening available resources, establishing proven practices that lead to long-term growth and creating lasting value for those living in, working for and affiliated with the community. Check us out on our website: www.lcsnet.com
Travel Frequency: Up to 20%
Job Level: D
A POST-OFFER BACKGROUND CHECK, INCLUDING REFERENCES, IS REQUIRED