SH Hotels & Resorts Looking for Vice President of Corporate Finance at Miami, FL Full Time

OUR COMPANY

SH Hotels and Resorts, an affiliate of the global private investment firm Starwood Capital Group, is a sustainable hotel brand and management company that operates 1 Hotels, a nature-inspired lifestyle brand, Treehouse Hotels, luxury brand Baccarat Hotels, and SH Collection properties. Every day, over 2,000+ team members work together in synergy to create impactful memories by offering an unrivalled level of service and create a sense of feeling at home for our guests at our hotels.

Our success is driven by our passionate, skillful team members who embody the SH Hotels & Resorts core values; we share a common goal to protect our earth, and to love the people who inhabit it. Our mission to find talent is simple. We seek to hire thoughtful, caring, and forward-thinking people who will inspire, collaborate, and strive to achieve our fundamental cause – do all the good we can.

OUR OPPORTUNITY

RESPONSIBILITIES

Corporate Accounting/Finance

• Creation of monthly SH financial package including Income Statement, Balance Sheet, Cash flow forecast, Detailed Expense report (SCG format), contract summary
• Distribution for review to CFO by no later than 25th of each month
• Distribution to CEO & CFO of Parent Company by no later than the end of the month
• Monthly account reconciliations by 20th of the subsequent month, quarterly review with the CFO
• Creation of annual budget and monthly reforecasts for Corporate
• 5-Year Proforma & Valuation model updates on a quarterly basis
• Quarterly board deck preparation
• Annual Audit – point person for the company’s annual audit, preparation of GAAP journal entries, drafting of audit report and researching any new relevant pronouncements and addressing in the reporting as necessary
• Enhancements of Sun accounting system and EPM reporting
• Oversight of Accounting Manager who handles AR/AP:
• Accounts Receivable – regular reviews ensuring billing goes out on a timely basis
• Follow up on collection of old amounts when escalation is needed
• Billing and collection of monthly management/tech service/incentive fees, centralized services and reimbursable expenses per HMAs and TSAs
• Accounts Payable
• Oversight of weekly check runs, wire initiation, etc.
• Approve invoices and expense reports in Concur Invoice & Expense software; Manage Concur administration
• Sales and use tax expert ensuring monthly filings are submitted

Tax and Compliance

• Works closely with the VP of International Tax, Payroll and Compliance on Corporate related tax matters
• Works closely with third party tax preparer to report financials on a country by country/state by state basis
• Create tax reporting financial statements – create reports by subsidiaries entities used for quarterly tax estimate, tax return and international provision accruals
• Coordinate international entities billings between PE entities

Payroll

• Bi-weekly review and approval of Corporate payroll
• Oversee monthly payroll allocation settlements between properties

Treasury

• Review of daily cash entries and month-end bank reconciliations
• Create wire template and initiate wires on a weekly basis with support and approvals
• Bank administration – User access, decision daily positive pay/ach exceptions

Property-specific assistance/oversight

• Provide hotels with annual property budget guidelines
• Systems administration (Bank, Merchant, Pcard)

Other ad hoc analysis and projects as identified by CFO