Lost Tree Club Looking for Chief Financial Officer at North Palm Beach, FL Full Time

Lost Tree Club, Inc. is looking for our next experienced CFO to oversee the monthly financial process of the Club, providing analysis to the COO, Board, and Department Heads. This position will oversee the Controller and the Accounting support staff.

Lost Tree Club, Inc. is a private club in a private, gated community of approximately 650 elegant single-family homes and condominiums. Located at the foot of Singer Island on the Atlantic Ocean and between the intercoastal waterway, Lost Tree Club is the ideal location for those desiring a close-knit community and club where everyone is friendly, supportive and enjoys the many amenities the club has to offer. “Understated Elegance” is the moniker best used to describe Lost Tree and the membership is committed to maintaining this philosophy.

Select Key Duties and Responsibilities

• Directs financial operations and financial reporting. Formulates, receives, and recommends policy proposals for approval relating to accounting and auditing,  the budget,  revenue and cost control procedures, oversees the preparation and payment of payrolls, tax matters, and office methods and procedures.
• Directs the preparation of the monthly trial balance and resulting financial statements, including Income Statement, Balance Sheet, and departmental income statements, along with other data necessary for financial reports and records.
• Manages and conducts internal auditing procedures to help assure that records are accurately maintained and that established policies and practices are satisfactorily and consistently followed. 
• Prepares budgets and financial forecasts in coordination with the General Manager, various committees, departments, and the Board of Directors; analyzes financial information; monitors budgeted versus actual expenditures and advises department heads about variances and their potential causes; recommends corrective actions to help ensure that budget goals are met.
• Directs participates in and verifies the taking of inventories for beverages, food, supplies, equipment, furnishings, etc.
• Attends monthly Board of Directors, Finance, and other meetings as required.
• Works with GM & HR in negotiating employee benefits, including health, life, and dental insurance, workers’ compensation, and the Club’s Section 125 and 401(k) plan. Gathers information and assists in decisions about employee benefits.
• Maintains Fixed Asset ledgers and prepares depreciation schedules for monthly entries.
•  Handles assigned projects as they relate to the department and club’s needs.
• Oversees the club’s cash and charge expenditures.
• Safeguards all funds in bank accounts;  assures that revenues are properly and correctly deposited and supervises the drawing of all checks and a co-signatory on banking transactions.
• Oversee preparation of Florida Sales Tax Returns and ensures timely payment of all Federal and State Income Tax Liabilities.
•  Assists department managers in developing and monitoring their departmental operating and capital budgets and prepares the Master Budget.
• Assists the membership department in administrating the Club refund policy and related membership issues; assists in appropriately billing financial transactions for memberships.

Candidate Qualifications and Education Requirements

• Minimum of 5 years experience, preferably in the club industry.
• BA/BS degree in accounting or equivalent business degree, CPA preferred.
• Strong knowledge of acceptable accounting practices and procedures.
• Proficient with accounting software, Microsoft Office products, and web-based programs, Jonas software experience a plus.
• Ability to supervise, develop, and train employees, including organizing, prioritizing, and scheduling work assignments.
• Able to pass a pre-employment background check and drug screen.
• Able to perform all essential job functions with or without reasonable accommodation, including, but not limited to, sitting for long periods, bending, stooping, walking, finger-hand coordination, lifting/carrying up to 15 lbs.

Additional Information

This position is open immediately. The annual salary and bonus potential is open and commensurate with experience and qualifications.

Lost Tree Club offers an extensive array of benefits including:

• Health benefits including medical, dental and vision according to benefit guidelines.
• Life Insurance policy paid for by the club with the option to purchase additional insurance.
• STD and LTD plan paid for by the club.
• Supplemental benefits including accident, cancer, hospital insurance, Legal Shield.
• PTO (Paid Time Off), includes personal, vacation and sick days. Accrual starts on the date of hire.
• Ability to participate in the Club’s 401k plan through Fidelity on the first of the month following hire date. Eligible for a match from the club according to the guidelines of the plan document.
• Staff meals provided by the Club.
• Annual Holiday Bonus.
• Golf course usage based upon staff guidelines.
• Discount in the Pro Shop/Fitness and Spa Center.

Please send resumes and cover letter to:

Michelle Vecellio, SHRM-SCP

Human Resource Director

Lost Tree Club

11520 Lost Tree Way

North Palm Beach, FL 33408

[email protected]