Company Overview
Culver Investment Partners ("CIP") is a dynamic real estate investment firm based in Dallas, TX, specializing in multifamily and student housing acquisitions and investments across Sunbelt markets. With over 30 years of executive experience, $15B+ in transaction volume, and a history of managing over 100,000 multifamily units, CIP has significantly expanded its portfolio in 2024 to over 2,600 units and is poised for further growth in 2025. Our entrepreneurial environment fosters collaboration across acquisitions, asset management, construction management, investor relations, finance and accounting, offering team members unique exposure to the full spectrum of real estate investment.
Position Summary
The Associate or Vice President - Finance & Operations will be a pivotal member of CIP's finance team, with a primary focus on overseeing all aspects of corporate and joint venture (JV) accounting, reporting, forecasting, treasury, lender compliance, and investor relations. This role will serve as the primary point of contact with our third-party accounting service, ensuring compliance with SEC regulations for our institutional investors, and will oversee CIP's corporate books to ensure adherence to state and federal law. The Associate or VP will also collaborate with the asset management team to support strategic planning and execution for asset performance enhancement. Additional responsibilities include financial analysis, budgeting, and ad hoc corporate projects. The ideal candidate is a meticulous, compliance-driven professional with comprehensive accounting expertise, asset management collaboration skills, and the ability to thrive in a fast-paced, entrepreneurial setting.
This role offers participation in promote/carried interest and long-term potential to grow into a senior finance and operations executive at CIP.
Key Responsibilities
Corporate and JV Accounting and Compliance:
- Oversee all aspects of corporate and JV accounting, including general ledger management, accounts receivable/payable, and financial statement preparation, ensuring accuracy, timeliness, and compliance with US GAAP and SEC regulations.
- Act as the primary liaison with CIP's third-party accounting service, managing JV and property-level books to maintain data integrity and regulatory compliance.
- Implement and monitor robust internal controls to safeguard company assets, ensuring adherence to state and federal laws, including tax filings and regulatory reporting.
- Support month-end and year-end close processes, account reconciliations, and audits, ensuring all accounting records meet SEC, lender, and institutional investor requirements.
- Oversee CIP's corporate books, ensuring full compliance with state and federal regulations and accurate financial reporting for corporate operations.
Reporting, Forecasting, and Treasury:
- Collaborate on the preparation of comprehensive financial reports, including monthly, quarterly, and annual statements, for corporate and JV entities, aligning with investor and lender expectations.
- Participate in financial forecasts and budgets for corporate operations and portfolios, integrating asset-level data to support strategic decision-making.
- Oversee treasury functions, including cash flow projections, bank reconciliations, and funding requests, to ensure liquidity and compliance with lender covenants.
- Coordinate with third-party accounting services to ensure timely and accurate delivery of reporting and forecasting requirements.
Lender Compliance and Investor Relations:
- Ensure compliance with lender agreements, including debt covenants, financial reporting obligations, and funding requirements, maintaining strong relationships with financial institutions.
- Prepare and deliver professional investor reports in tandem with asset management summarizing financial performance, portfolio metrics, compliance updates, and strategic insights for SEC-regulated institutional investors.
- Work directly with the asset management team to align investor reporting with asset performance strategies and market opportunities.
Asset and Portfolio Management:
- Provide portfolio insight and optimization by developing strategies to improve income and optimize operations, including evaluating rental rate adjustments, cost-saving measures, and operational efficiencies.
- Provide financial and analytical support for asset-level strategies, including evaluating operational improvements, capital expenditure plans, and revenue enhancement opportunities.
- Assist in developing budgets for CIP's multifamily portfolio and corporate operations, ensuring accounting data supports accurate projections.
- Collaborate with acquisitions, asset management, and accounting teams to maintain accurate financial data.
- Interface with acquisitions, asset management, construction management, and investor relations teams on special projects.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- 3-7 years of experience in accounting or real estate finance, with a strong focus on corporate and JV accounting, financial reporting, compliance, or audit within the real estate industry (preferably multifamily).
- Proven experience managing third-party accounting services or financial reporting for SEC-regulated entities and lender compliance.
- Strong knowledge of US GAAP, SEC reporting requirements, state and federal compliance regulations, and treasury operations.
- Proficiency in financial accounting software (e.g., Sage, Yardi, or similar) and advanced skills in Microsoft Excel, PowerPoint, and Word.
- Exceptional analytical, organizational, and communication skills, with the ability to liaise with external accounting teams, lenders, and investors, and present complex financial and compliance-related information clearly.
- Ability to work independently and collaboratively in a fast-paced, entrepreneurial environment, managing multiple priorities.
- Willingness to travel as needed across Sunbelt markets.
Preferred Skills
- Experience with real estate JV accounting, investor reporting for institutional clients, lender compliance, or asset management collaboration.
- CPA designation or progress toward CPA is highly desirable.
- Familiarity with real estate capital structures, including equity, subordinated debt, and senior debt.
- Proficiency with data visualization tools (e.g., Tableau, Power(case sensitivity matters) BI).
Why Join CIP?
- Unique opportunity to work in a small, entrepreneurial environment with exposure to all facets of multifamily real estate investment.
- Collaborate with a seasoned executive team and some of the nation's largest institutional investment funds.
- Competitive salary, benefits, and participation in promote/carried interest for investment opportunities.
- Long-term potential to grow into a senior finance and operations executive role at CIP.