OTH Hotels & Resorts Looking for Vp Of Finance/cfo at Williamsburg, VA, United States Full Time

Job Description

We are looking for a VP of Finance/CFO to be a part of our growing company! If you are a highly motivated team player & seeking an enriching career with an insatiable desire to make a difference – we want to hear from you. Come be a part of the OTH Hotels Resorts Family!

BASIC FUNCTION:The VP of Finance/CFO is responsible for all accounting functions of the company. Responsibilities will include the production of monthly financial statements and periodic reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of reported financial results and comply with generally accepted accounting principles.
QUALIFICATIONS: EDUCATION, KNOWLEDGE, TRAINING, & WORK EXPERIENCE

• High school diploma or equivalent experience/training
• College degree with a minimum of an Associates degree in Accounting or Business preferred
• Experience in the hospitality field required
• Experience with financial transactions and lender relations
• Excellent written and oral communication skills
• Excellent computer skills (including accounting software; Great Plains and Microsoft Office products)
• Excellent Microsoft Excel skills (including experience with pivot tables, v-lookup and extensive formulas)
• Excellent organizational, time management, analytical and follow through skills
• Ability to handle multiple ongoing projects in fast-paced team environment
• Ability to work independently on projects and also collaborate as a strong team member
• Excellent attention to detail, flexible and adaptable to change
• Ability to operate under pressure and meet or exceed deadlines
• Positive, outgoing and self-motivating individual with pleasant personality
• Ability to maintain a professional manner and appearance in all situations.

ESSENTIAL FUNCTIONS:

• Proactive and thoughtful analysis of all operations and systems, continually seeking new methods by which to improve the efficiency and profitability of the company’s enterprises, while supporting guest service.
• Responsible for the generation of all monthly financial statements (income statement, balance sheet & cash flow) in an accurate and timely basis for each hotel and on a consolidated format for the company. Reconciliation of balance sheet accounts.
• Provides positive, proactive leadership to Controllers/Directors of Finance at the property level.
• Provides positive, proactive leadership for the team of corporate office finance professionals.
• Ensures company practices and financial reporting adheres to the hotel industry’s generally accepted accounting principles.
• Responsible for all Accounting policies, processes, standard operating procedures and systems at each hotel, and for the effective training of same for the hotel management teams.
• Manages all information technology software, hardware and systems for the Accounting and Finance functions throughout the company.
• Key involvement with development of acquisition and new construction projects, preparing documentation of due diligence, pro forma statements and analytics for the lending community in terms of securing debt financing.
• Administers all tax matters filing all returns on a monthly, quarterly and annual basis. Respond to tax notices and works closely as liaison with company’s CPA firm.
• Implementation of all cash and internal cost controls, auditing same for compliance and effectiveness.
• Manages the annual budget process including scheduling, format, training, execution, corporate and ownership approvals. Monitors performance to same throughout the year.
• Oversees the preparation, analysis and distribution of all management reporting (payroll, performance metrics, forecasting, variance and cost reporting. Coordinates all company reporting, content, scheduling, preparation and review.
• Ensures all accounting functions are operating effectively including but not limited to: Payroll, General Ledger, Accounts Receivable, Credit Management, Accounts Payable, Bank Reconciliations and Cash Management.
• Support tax payment process including completing work papers and payment vouchers entering payment online state payment systems, preparing related journal entries to record tax payments made, reconcile tax payment accounts.
• Prepare spreadsheets for planning, compliance and audit issues
• Assist in timely completion of monthly property rebills
• Prepare journal entries and general ledger account reconciliations along with research/reconciliation of balance sheet accounts, maintaining/updating balance sheet reconciliation Excel file.
• Ensure GAAP is being adhered to appropriately.
• Required to understand, guide and implement effective internal controls to meet Sarbanes Oxley requirements.
• Manage OTH Hotels Resorts month end process.
• Research and follow-up with vendor inquiries in a timely manner.
• Maintain the highest level of employee/guest relations.
• Maintain a good working relationship with all Departments.
• Interact with and maintain good working relationship with Owners.
• Any other directives (written or verbal) as assigned by management.

MARGINAL FUNCTIONS:
Ability to work any assigned shift/work schedule
Must be able to travel