Role
The Vice President of Finance is a senior leadership position responsible for overseeing the financial management, capital stewardship, risk management, investment analysis, and financial operations of O’Reilly Development Company (ODC), O’Reilly Management Services (OMS), and affiliated entities.
Reporting directly to the President & CFO, this role serves as a strategic partner across the company’s development, asset management, investor relations, and corporate operations functions. The Vice President of Finance is responsible for helping safeguard company capital, evaluating risk-adjusted investment decisions, maintaining financial discipline across development projects and operating assets, and ensuring the company has the systems, controls, and processes necessary to support continued growth.
This individual will oversee the accounting and finance functions while actively participating in development underwriting, project budgeting, contract review, capital planning, lender and investor relations, portfolio performance monitoring, and enterprise risk management.
The ideal candidate combines strong accounting and financial expertise with commercial judgment, a proactive approach to risk identification, and an ownership mindset. This individual will be expected to challenge assumptions, identify potential exposures before they become problems, and help leadership make informed decisions that protect and enhance long-term shareholder and investor value.
The Vice President of Finance is expected to become a key member of the executive leadership team and is intended to be a potential future Chief Financial Officer.
Roles & Responsibilities
1. Financial Leadership & Accounting Oversight
- Provide leadership and oversight of the company’s accounting, treasury, financial reporting, tax coordination, and internal control functions.
- Direct and mentor the Controller and accounting team while establishing clear expectations, accountability, and professional development opportunities.
- Ensure the accuracy, completeness, and timeliness of financial reporting across all corporate, development, operating, and investment entities.
- Oversee monthly, quarterly, and annual financial reporting processes.
- Maintain and enhance internal controls, accounting policies, and financial procedures.
- Coordinate annual audits, tax return preparation, and financial compliance activities with third-party accounting and advisory firms.
- Oversee cash management, liquidity planning, forecasting, and banking relationships.
- Monitor corporate liquidity and capital resources to support ongoing operations and future growth initiatives.
2. Development Finance & Cost Management
- Partner with development leadership throughout project sourcing, underwriting, predevelopment, construction, and stabilization.
- Participate in the preparation and review of development budgets, project pro formas, investment committee materials, and financing packages.
- Analyze historical project costs, market trends, and comparable developments to validate assumptions and improve underwriting accuracy.
- Serve as a financial steward throughout the development process by evaluating the relationship between cost, risk, timing, market demand, and projected investment returns.
- Review construction, consultant, and professional service agreements to identify financial, commercial, and risk-management considerations and provide recommendations that protect company interests and optimize project economics.
- Evaluate project expenditures and identify opportunities for cost savings, value engineering, procurement efficiencies, and operational improvements.
- Monitor project budgets, contingencies, reserves, and financial performance throughout the development lifecycle.
- Review and certify monthly construction draw requests, ensuring expenditures are consistent with approved contracts, budgets, lender requirements, and project progress.
- Support construction loan closings, lender reporting, project compliance requirements, and development-related financial administration.
3. Asset Management & Investment Performance
- Monitor financial and operational performance across the company’s portfolio of senior housing, multifamily, self-storage, and other real estate investments.
- Evaluate asset performance relative to underwriting assumptions, operating budgets, business plans, and investment objectives.
- Analyze occupancy, revenue, expense, NOI, cash flow, debt service coverage, and return metrics across operating assets.
- Identify opportunities to improve property performance and maximize investor returns.
- Support refinancing, recapitalization, disposition, acquisition, and hold/sell analyses.
- Prepare financial analyses and recommendations regarding capital expenditures, strategic investments, and portfolio optimization initiatives.
- Assist executive leadership in developing portfolio-level investment strategies and capital allocation decisions.
- Partner with third-party operators and property managers to establish accountability and improve financial performance.
4. Capital Markets & Investor Relations
- Support the company’s debt and equity capital formation efforts.
- Participate in lender, investor, joint venture partner, and capital partner meetings and presentations.
- Assist in the structuring, analysis, negotiation, and execution of financing transactions.
- Maintain relationships with banks, institutional capital providers, family offices, investment sponsors, and strategic partners.
- Prepare and review financing requests, lender presentations, offering materials, and investment memoranda.
- Oversee investor reporting processes and ensure accurate financial communication to stakeholders.
- Supervise investor accounting functions, including capital account maintenance, distribution calculations, waterfall administration, and investor reporting through AppFolio and related platforms.
- Review offering materials, financial disclosures, and investor communications for financial accuracy and consistency.
5. Enterprise Risk Management & Capital Protection
- Identify, evaluate, and monitor financial, operational, contractual, regulatory, and investment risks across the company’s development and operating portfolio.
- Review major contracts, consultant agreements, construction agreements, loan documents, operating agreements, and partnership agreements to identify financial, commercial, and risk-management considerations.
- Partner with legal counsel and executive leadership to negotiate terms that appropriately allocate risk and protect company interests.
- Monitor project budgets, contingencies, guarantees, reserves, and liquidity positions to proactively identify potential issues before they impact project performance.
- Evaluate insurance programs, coverage requirements, and claims activity to ensure adequate protection across all corporate and project entities.
- Review financing structures, debt covenants, recourse obligations, guaranty exposure, and contingent liabilities to ensure alignment with company objectives and risk tolerance.
- Assist in the development and maintenance of risk-management policies, internal controls, approval procedures, and financial governance practices.
- Conduct sensitivity analyses and downside-case evaluations for major investment and development decisions.
- Promote a culture of disciplined decision-making, accountability, and thoughtful risk assessment throughout the organization.
6. Strategic Planning & Corporate Operations
- Support executive leadership in long-range planning, forecasting, and strategic initiatives.
- Prepare financial models, scenario analyses, and sensitivity analyses to support major business decisions.
- Evaluate organizational processes and recommend improvements to reporting, technology utilization, automation, and operational efficiency.
- Assist with annual budgeting, forecasting, benchmarking, and performance measurement activities.
- Support mergers, acquisitions, joint ventures, and other strategic growth opportunities as they arise.
- Lead special projects and strategic initiatives as assigned by executive leadership.
7. Leadership & Culture
- Demonstrate leadership consistent with ODC’s values, culture, and commitment to excellence.
- Foster collaboration across development, construction, accounting, asset management, legal, investor relations, and operations teams.
- Promote a culture of accountability, continuous improvement, and disciplined decision-making.
- Serve as a trusted advisor to executive leadership and business partners.
- Recruit, develop, mentor, and retain high-performing finance and accounting professionals.
- Contribute to succession planning and organizational development initiatives.
Qualifications
Education
- Bachelor’s degree in Accounting, Finance, Business Administration, Real Estate, or a related field required.
- Master’s degree preferred.
Certifications
- CPA strongly preferred.
- CFA, MBA, or other relevant professional designations considered a plus.
Experience
- 10+ years of progressive experience in accounting, finance, real estate, development, investment management, or related disciplines.
- Experience overseeing multiple legal entities and complex ownership structures.
- Experience managing external auditors, tax advisors, legal counsel, lenders, and financial consultants.
- Strong understanding of financial reporting, budgeting, forecasting, treasury management, internal controls, and risk management.
- Experience with real estate development, construction accounting, project finance, asset management, commercial real estate investment, or private equity real estate strongly preferred.
- Experience interacting directly with lenders, investors, attorneys, and executive leadership teams.
Core Competencies
- Leadership and team development.
- Communication and presentation skills.
- Negotiation and relationship management.
- Attention to detail and accountability.
- Strategic thinking and business judgment.
- Financial strategy, modeling, and analytical expertise.
- Contract review and risk assessment capabilities.
- Ability to manage multiple priorities in a fast-paced environment.
- Strong commercial mindset with an ownership perspective.
Success Measures
Success in this role will be measured by:
- Accuracy and timeliness of financial reporting.
- Effectiveness of accounting and internal control systems.
- Quality of risk management and financial governance practices.
- Improvement in project-level cost management and budget performance.
- Quality of financial analysis supporting investment decisions.
- Accuracy of investor accounting and reporting.
- Strength of lender and capital partner relationships.
- Contribution to portfolio performance and value creation.
- Development of scalable financial infrastructure to support company growth.
- Identification and mitigation of material financial, contractual, and operational risks.
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Paid time off
- Relocation assistance
- Vision insurance
Application Question(s):
- Strong ability to lead and effectively communicate with multiple stakeholders including internal team, partner team, investors, and key third party stakeholders.
Education:
Experience:
- Real Estate or Development: 10 years (Preferred)
- Finance: 10 years (Required)
License/Certification:
- CPA (Preferred)
- MBA (Preferred)
Work Location: In person
