Vice President of Finance

As the Vice President of Finance at M/I Homes, your key responsibilities include preparing and executing the annual homebuilding budgets, maximizing operational results in terms of margin and net income, and ensuring compliance with internal controls. You'll also be responsible for monitoring financial performance, analyzing monthly financial statements, and collaborating closely with division leadership to support financial health across our various markets.

To apply for the Vice President of Finance role at M/I Homes, you should have a Bachelor's Degree and a minimum of 10 years of experience, including at least 5 years in the homebuilding industry. A CPA or experience in public accounting is preferred. We value strong analytical skills, communication abilities, and a detail-oriented mindset for this leadership role.

The ideal candidate for the Vice President of Finance at M/I Homes should possess extensive experience in homebuilding operations as well as a strong background in finance practices such as job costing, budgeting, and strategic planning. Experience working closely with upper management and corporate executives is also essential to successfully navigate this leadership role.

The salary range for the Vice President of Finance position at M/I Homes is between $160,000 and $225,000 annually, depending on your experience and qualifications. Additionally, this position is eligible for an annual bonus based on the division’s and candidate’s performance.

M/I Homes offers a comprehensive benefits package for the Vice President of Finance, which includes medical, dental, and vision insurance, paid time off, holidays, parental leave, and multiple retirement options including traditional and Roth 401(k). You will also have access to profit-sharing plans and employee stock purchase opportunities, making us committed to your long-term career and financial well-being.

In preparing the annual budget for a division at M/I Homes, I would start by analyzing past financial performance, identifying key areas for cost reduction, and considering market trends that may affect revenue. Collaboration with department heads is crucial to gain insights for accurate forecasting and to ensure alignment with company goals.

Certainly! In my previous role, I implemented a new budgeting process that enhanced the visibility of our financial metrics across departments. By closely monitoring our job costs and adjusting our pricing strategy, we were able to significantly increase our net income and improve our return on investment.

Ensuring compliance involves regular training sessions for the team on financial policies, conducting periodic audits, and implementing a transparent reporting process. I also believe in fostering an open-door policy where team members can ask questions and clarify any uncertainties regarding compliance.

I have extensive experience with Sarbanes Oxley compliance, which includes understanding internal controls and financial reporting. I have successfully led teams to document processes thoroughly and ensure that our financial reporting is accurate and adheres to regulatory standards.

Balancing long-term financial planning with short-term needs requires a strategic approach. I prioritize open communication with different teams to align immediate operational goals with our longer-term financial objectives and regularly reevaluate to adapt our strategy as needed.

I focus on several key financial metrics, including gross margin, net income, return on investment, and job cost variances. These metrics provide insights into operational efficiency and help guide strategic decisions to improve overall performance.

When encountering discrepancies in financial reports, I adopt a systematic approach. I first investigate the discrepancy to understand its root cause, collaborating with relevant team members. Once identified, I implement corrective actions and develop strategies to prevent future occurrences.

For financial analysis in the homebuilding industry, I typically prefer using advanced Excel functions for modeling and analysis, along with specialized software like J.D. Edwards (JDE) and Homebuilding Management Systems (HMS) that cater specifically to our sector's needs.

In a previous position, I coordinated closely with the purchasing and operational teams to streamline our supply chain processes. By improving communication and aligning our financial objectives with operational strategies, we reduced costs and enhanced profitability across divisions.

I stay updated on industry trends through continuous professional education, attending industry conferences, participating in webinars, and engaging with professional networks. Staying attuned to market shifts enables me to make informed financial decisions that align with current dynamics.