Goodwin Recruiting Looking for Hotel – Chief Financial Officer at Charlotte, NC Full Time

Hotel Chief Financial Officer Summary

As a key member of the Executive Management Team, the Chief Financial Officer will report to the President and CEO and assume a strategic role in the overall management of the company. The CFO is responsible for the financial planning and accounting, providing strategic leadership in the development, and evaluation, of short and long-term strategic objectives and bank draws. The role provides strategic leadership, operational support, and direction to the organization. The ideal candidate will be a talented, visionary, entrepreneurial-spirited accounting leader who is hands-on with solid accounting and financial skills in hospitality or real estate investment. Must be able to implement and maintain financial and accounting systems, processes, and controls and be a strong mentor and role model for department heads and the entire organization. The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling all accounting-related activities of the company. This will include direct responsibility for accounting, strategic planning, job costing, legal, property management, and partnership compliance.

Hotel Chief Financial Officer Role And Responsibilities

• Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
• Play a strategic role as a proactive advisor to the leadership team on corporate transactions, operating performance, and cash flow trends, seeking the full range of business solutions.
• Provide executive management with advice on the financial implications of business activities. * Provide recommendations to strategically enhance financial performance and business opportunities.
• Ensure the credibility of the Finance group by providing timely and accurate analysis of budgets, financial trends, and forecasts.
• Direct and oversee all aspects of the Accounting functions of the organization.
• Prepare and present monthly, quarterly, and annual financial reports including monthly profit and loss by division, forecast vs. budget by division, and weekly bash flow by division and provide recommendations
• Take a hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system.
• Develops and maintains strong internal controls to safeguard the assets of the organization and to ensure proper segregation of duties and detection of fraud and compliance.
• Oversees and directs treasury, budgeting, audit, tax, accounting, purchasing, and protection of financial assets.
• Brings plans for operating efficiency to the attention of Management and assists in the implementation of developed processes.
• Ensure effective internal controls are in place and ensure compliance with GAAP and applicable federal, state, and local regulator laws and rules for financial and tax reporting.
• Work directly with the team to assess organizational performance against both the annual budget and the company’s long-term strategy.
• Develop a lean, high-performance financial culture that rewards over-achievement and encourages continuous improvement at all levels of the organization.
• Handle the banking relationships and monitor strategies to enhance the cash position and maintain flexibility. * Provide direction and ultimate oversight of the annual audit process.
• Work in conjunction with the senior management team to drive out cost and waste, improve productivity, equipment utilization and strive for “World Class” performance as benchmarked vs. industry standards.
• Carries out all supervisory responsibilities in accordance with the organization’s policies and applicable laws.
• Develop and maintain monthly operating budget and annual company operating budget
• Create and establish annual financial objective that align with the company’s plan for growth and expansion
• Monitor the month-end close process, constantly reviewing procedures while eliminating inefficiencies.
• Represent the company to banks, financial partners, institutions, investors, public auditors, and officials
• Utilize forecasting models and activity-based analysis to provide financial insight into the organization’s plans and operating budgets

Hotel Chief Financial Officer Qualifications

• BS in Accounting or Finance
• CPA is required, MBA is a plus. 5+ years in progressively responsible financial leadership roles, preferably in hospitality, lodging, commercial real estate development, property management, and/or construction development * PE Portfolio company experience preferred.
• Experienced in Accounts Payable, Payroll, Fixed Assets, Real Estate Accounting, General Accounting, Intercompany Accounting, management reporting.
• Strong verbal & written communication.
• Proficiency in Microsoft Office Suite applications and other technology tools.
• Proactive and aggressive in solving problems as well as recognizing and acting on opportunities, including making processes more efficient.
• You should be able to respond to common inquiries from employees, tax partners, lenders, and private equity.
• Must be able to read, analyze, and interpret business periodicals, technical procedures, and governmental regulations.
• Must have the ability to read analyze, and interpret various metrics, financial reports, and legal documents.
• This person needs to have the ability to write reports, business correspondence, and procedure manuals.
• Must be capable of operating in a highly confidential environment.

TRAVEL REQUIREMENTS * This position does not require overnight travel

At Goodwin Recruiting we are committed to our core values. We take our value, Dedicated to Diversity & Inclusion, very seriously and will never discriminate against a candidate or client based on any protected classes. Our clients seek qualified candidates, and that is what we deliver. A person’s age, gender, race, sexual orientation, gender identity, national origin, veteran or disability status, or arrest or conviction record has no bearing on whether he, she, or they are able to do the job. We evaluate the knowledge, skills, and abilities that meet the requirements of the position and aim to open doors and change lives. We value all people, understanding that uniqueness and diversity foster a stronger team that is innovative and brings varying perspectives to the table. We put our money where our mouth is and are proud of our efforts to identify a broad slate of candidates, with many hiring success stories to share. JOB ID: 115574

Scott Harrison

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