Job Description
Fractional CFO – Elm Grove Companies
**Location:** Hooksett, NH (1 hour north of Boston, MA)
**Engagement Type:** Fractional / Consulting
About Elm Grove Companies
Elm Grove Companies is a vertically integrated multifamily real estate investment and
development platform headquartered in New Hampshire. With in-house development,
construction, property management, maintenance, and asset management capabilities, Elm
Grove currently manages over $350 million in assets and operates nearly 2,000 apartment
units. We are scaling toward 10,000 units, with plans to deploy $500 million in equity while
bringing construction management in-house for both market-rate and LIHTC developments.
To support this next stage of growth, Elm Grove is seeking a Fractional CFO to modernize
enterprise-wide cash flow forecasting, treasury intelligence, and controllership.
Role & Responsibilities:
- Design and implement an enterprise-wide cash flow and business intelligence platform consolidating 50+ entities.
- Build forecasting systems to model liquidity from weekly through 15-year horizons.
- Anticipate and manage GP/LP equity calls, refinances, distributions, and working capital needs.
- Oversee construction-specific draw control, pay-app, and fraud-prevention workflows.
- Deliver a path to audit-ready controllership through system design, controls, and staff mentorship.
- Guide the organization through a crawl → walk → run roadmap, beginning with a quarterly 13-week liquidity model refreshed monthly.
Candidate Profile
- 10+ years’ experience as a real estate or fund CFO.
- Proven ability building multi-entity cash flow & BI stacks.
- Expertise in construction draw & pay-app processes (AIA, retainage, lien waivers)
- Tool fluency: Yardi, Intacct, AppFolio, LoanBoss, Power BI/Azure (or equivalent).
- Strong coaching skills, with ability to mentor analyst-level staff and document SOPs.
Engagement Details
- Location: On-site at our Hooksett, NH HQ at least 3 days per week during initial phases; hybrid thereafter.
- Meetings: Weekly 30-min investment updates, bi-weekly steering reviews, and phase-gate demos.
- Commitment: Flexible engagement with a 90-day termination notice.
How to Apply: Interested candidates or firms should submit a resume and consulting information (if
applicable) to: Kristen Flink – kflink@elmgrovecompanies.com