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VP, Finance
at Groma
4 months ago | 376 views | Be the first one to apply

VP, Finance


About the company

Groma is blending real estate and technology to unlock a new real estate asset class while making it easier for everyone, from institutional investors to the residents in our buildings, to participate in ownership. Our property technology platform uses AI to bring new efficiencies to the small unit count multifamily sector, enabling us to efficiently acquire, upgrade, and operate these 2-20 unit multifamily buildings and bring institutional performance to this massive but historically overlooked sector. Our investor technology platform makes owning these assets accessible to a broad array of investors, with bespoke vehicles available to institutional and family office investors and our flagship vehicle, the blockchain-powered GromaREIT, available to everyone, with a special focus on enabling ownership for the residents in our buildings. Visit to learn more about us.

Job Summary

Job Responsibilities

📍Manage the Finance department to ensure processes are designed and implemented correctly across all teams within the department 📍Lead Accounting team in building efficient systems that ensure accurate and timely closes for our properties, funds, and corporate entities 📍Manage all components of insurance, including vendor relationships, risk policies, and overall liability posture, while considering the scalability of coverage costs as our property and operating businesses grow 📍Oversee the preparation and analysis of financial statements, ensuring accuracy and compliance with 📍GAAP principles to facilitate timely completion of audits 📍Oversee the Fund Administration team to ensure that all funds are reporting appropriately to their investors and meeting the relevant compliance tests and requirements 📍Directly manage our banking relationships, ensuring that bank reporting occurs as required and that we maintain strong relationships with lending partners 📍Develop new strategic relationships with banking partners to enable us to finance our business needs, primarily real estate-backed loans, effectively 📍Partner with the Investor Relations department by preparing reports to support investor presentations and by joining occasional key institutional and investor meetings to build confidence in our financial infrastructure 📍Collaborative and solutions-oriented mindset 📍Lead the Finance department, ensuring excellence in financial practices and integrity 📍Comfortable communicating operational workflow decisions with cross-functional team members and open to thoughtful feedback 📍Collaborate with the Executive Team to develop and implement effective financial strategies 📍Work closely with stakeholders and engineering partners to implement technical solutions to help the finance department as a whole scale 📍Think creatively, be imaginative, and brainstorm new projects and ideas. 📍Eagerness to help contribute to and build upon the existing company culture.

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