Finance Operations Lead

This is a fully remote position, open to applicants in India.

📋 Description

• Take ownership of the entire draw cycle for all ongoing development projects involving multiple lenders.

• Prepare, compile, and submit draw requests along with comprehensive supporting documentation such as cost certifications, inspection reports, title updates, and lien waivers.

• Collaborate with lenders, inspectors, and title companies to ensure timely review and funding of each draw request.

• Maintain a master draw schedule for the portfolio and proactively identify any delays or funding risks.

• Monitor draw disbursements against approved budgets and highlight any variances for review.

• Examine closing documents, title commitments, settlement statements, and HUDs to detect discrepancies, funding risks, or at-risk situations prior to closing.

• Act as the primary liaison for all lenders, managing daily communication and the necessary exchanges to facilitate draw advancements and receipts.

• Cultivate strong, trust-based relationships with lender asset managers and construction monitors.

• Professionally and efficiently address lender queries, information requests, and conditions.

• Ensure that all loan covenants, reporting obligations, and draw conditions are fulfilled punctually.

• Work with project managers, contractors, and the development team to collect and verify draw documentation.

• Oversee the complete insurance lifecycle for all projects and entities, including builder's risk, general liability, title, and other necessary coverages.

• Proactively seek and evaluate quotes from brokers, make recommendations, and coordinate the binding of coverage.

• Manage premium payment schedules, ensuring timely payments that are accurately reflected in project and company cash flow.

• Maintain an up-to-date insurance register, ensuring all coverage remains compliant with lender requirements at all times. Track renewal dates and initiate renewal processes ahead of expiry.

• Monitor interest accruals and payment schedules for all construction and development loans.

• Reconcile interest statements from lenders with internal records and identify discrepancies.

• Collaborate with the finance team to ensure accurate reflection of interest payments in project cost projections and company cash flow.

• Serve as the operational connector between construction and capital teams.

• Generate weekly and monthly reports on draw status, upcoming payments, and anticipated funding requirements.

• Work closely with the CEO/Head of Capital to provide proactive cash flow inputs for treasury planning.

• Identify cash flow pinch points early and work across functions to mitigate timing risks.

⛳️ Requirements

• 4–7 years of experience in real estate development finance, construction lending, or a similar role.

• Strong understanding of construction loan mechanics, including draw procedures, lender requirements, inspection processes, and loan covenants.

• Experience managing schedules and liaising with brokers and lenders to ensure coverage compliance.

• Strong financial literacy, comfortable with reading loan agreements, reconciling interest statements, and building cash flow models.

• Highly organized with a proven history of managing multiple projects and deadlines simultaneously.

• Excellent communication skills, capable of managing lender relationships professionally and coordinating internally across finance, development, and legal teams.

• Advanced proficiency in Microsoft Excel and Google Suite (Sheets, Docs, Drive, Gmail); able to create tools and trackers that others depend on.

• High attention to detail and an ownership mentality; proactive in identifying issues before they escalate and committed to seeing them through to resolution.

• Comfortable operating in ambiguous situations, capable of making sense of incomplete information and discerning what is important.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Opportunities for professional development and continuous learning.

• Flexible work arrangements to promote work-life balance.

• A dynamic and inclusive work environment.