Job Description

Gray Capital is a multifamily owner-operator with a growing portfolio of communities across the Midwest. We manage our properties directly, which means our finance function sits at the intersection of corporate finance, real estate operations, investor reporting, and day-to-day property performance. We're looking for a VP of Finance to lead that function — someone with deep real estate finance and accounting experience, strong leadership ability, and the judgment to help ownership make better decisions across the portfolio.

This is a senior leadership hire. The person in this role will have visibility into every dollar moving through the business, a direct line to ownership, and a meaningful voice in how we measure performance, allocate capital, manage risk, and scale the company.

What this role actually is:

• You'll oversee the finance and accounting function for Gray Residential — both at the corporate level and across our property management portfolio. That means leading financial reporting across multiple entities, managing the month-end close process, overseeing AP, AR, cash management, budgeting, forecasting, owner and investor reporting, lender reporting, and ensuring our financials are accurate, timely, and useful.
• On the property management side, you'll work closely with our RealPage-based workflows — general ledger, accounts payable, bank reconciliations, budget variance reporting, and property-level financial performance. You'll partner with regional and operations teams to make sure property-level financials reflect reality, that variances are understood, and that operating decisions are grounded in clean data.
• On the corporate and ownership side, you'll manage entity-level reporting across our LLC structure, coordinate with outside tax advisors and lenders, support investor reporting and capital account tracking, lead budgeting and forecasting, and help ownership evaluate portfolio strategy, capital planning, refinancings, acquisitions, dispositions, and major business decisions.
• You'll report directly to ownership and be the senior finance voice in the organization.

What we're looking for: 

• They've done this in real estate. Multifamily, property management, or real estate investment experience is strongly preferred. They know how entity structures work, how to consolidate across properties, how debt and capital stacks affect performance, and how to produce reporting that owners, lenders, and investors can actually use.
• They're more than an accountant. This role needs someone who can own the numbers, but also use them to drive decisions. We need a finance leader who can move between accounting accuracy, portfolio performance, cash flow, capital planning, forecasting, and strategic analysis.
• They've led a team. This isn't an individual contributor role — you'll be managing people and owning the function. We need someone who can develop accounting and finance staff, manage workflow across the department, improve processes, and hold the team to a high standard.
• They're strong with property management and finance systems. RealPage accounting experience is a significant plus. At minimum, they need to be comfortable in purpose-built real estate accounting platforms, Excel-based analysis, budgeting tools, and reporting workflows — and able to improve systems rather than simply work around them.
• They're organized and deadline-driven. Month-end closes, investor reporting, lender deadlines, tax prep, budgets, forecasts, distributions, and capital planning all run on deadlines. We need someone who owns them, not just manages to them.
• They communicate well with non-finance people. Ownership, operators, lenders, and investors need to understand the numbers. You'll need to translate financials into clear, actionable information for people who are not looking at a general ledger every day.
• 10+ years of finance, accounting, or real estate investment experience, with at least 5 years in a leadership or senior finance role.
• CPA preferred, but not required. A CPA is helpful for the accounting, reporting, controls, and tax-adjacent parts of the role, but we care more about real estate finance judgment, operating discipline, and leadership ability than the credential alone.
• CPA, CFA, or MBA is a plus, but not required. A CFA can be helpful if paired with hands-on real estate, capital markets, or portfolio analysis experience. It is not a substitute for operating finance experience in a real estate business.

What you can expect from us: 

• Direct access to ownership and a real seat at the table — this is a leadership role, not a back-office function at Gray Residential.
• A growing portfolio that will add complexity and scope to the role over time.
• Opportunity to shape the finance function, improve reporting, strengthen systems, and build better decision-making infrastructure across the company.
• Investment in the tools and systems needed to run finance and accounting at a high level — we're actively improving our tech stack.
• Straight answers about comp, expectations, and how we measure success.

If you're a real estate finance leader who can own the numbers, lead the team, and help ownership make better decisions at a growing multifamily operator — we'd like to talk.

Gray Residential is an Equal Opportunity Employer.

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