Region CFO

D.R. Horton, Inc., the largest homebuilder in the U.S., was founded in 1978 and is a publicly traded company on the New York Stock Exchange. It is engaged in the construction and sale of high quality homes designed principally for the entry-level and first time move-up markets. The Company also provides mortgage financing and title services for homebuyers through its mortgage and title subsidiaries.  Please visit our website at www.drhorton.com for more information.

D.R. Horton, Inc. is currently looking for a Region CFO. The right candidate will oversee all financial operations of the divisions within the region.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

• In partnership with the Region President, set a positive tone for all divisions in the region by establishing expectations for outstanding financial and operational performance, and for strong controls, open communication and transparency in all areas of division and region operations
• Develop a team of strong Division CFOs and Controllers within the region and ensure that each division’s accounting team has a solid understanding of the company’s accounting policies and is applying them consistently
• Participate in all hiring, firing, and promotion decisions involving the top two accounting personnel in each division
• Attend the closing meeting with Internal Audit and division management following each division audit, and work with divisions to ensure completion of required follow-up actions from Internal Audit recommendations
• Participate in the corporate management of the company’s accounting and finance function with the Corporate CFO and the Corporate Controllers
• Support divisions as necessary with all corporate issues (Accounting, HR, IT, Legal, Risk Management, etc.)
• Assist divisions and the Region President in developing and maintaining the short-term and long-term business plans and projections for each division and the region
• Assist divisions to ensure that they maintain strong internal controls and effective and efficient processes in all areas of division operations
• Facilitate the sharing of best practices among divisions and train divisions on ways to improve performance on key financial metrics such as gross profit, SG&A, ROI and inventory turn
• Closely monitor division sales, backlog and closings vs. budget and prior year, and work with divisions to ensure achievement of desired performance for the region
• Assist the Region President in managing the region’s capital allocation process within the corporate inventory caps.  Monitor actual and projected land fundings and compare to division and region business plans and objectives
• Review and analyze GPAs on proposed land/lot acquisitions and ask the critical questions necessary to ensure that the GPA projections are conservative and realistic
• Participate in land/lot deal structure discussions to help ensure that the region’s land deal maximize return on capital and to ensure the appropriate accounting treatment for land deals
• Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company
• Ability to travel overnight
• With support from the division’s Corporate Accounting Manager, closely monitor division gross margins and SG&A vs. budget, prior year and other divisions, and help divisions with actions to improve performance when necessary
• With support from the Division’s Corporate Accounting Manager, closely monitor division home inventory levels, including specs, models, homes under construction and sold not started and work with divisions to ensure maintenance of optimal inventory levels
• Prepare financial analyses for the Region President and assist in management of the region as needed or requested

Supervisory Responsibilities

• Supervises 2 or more employees