VP of Finance Transformation

1 month ago

Fort Lauderdale, United States Cobalt Recruitment Full time

A newly created VP of Finance Transformation & Shared Services position has arisen with a highly reputable real estate firm currently experiencing tremendous growth. Working closely with the EVP Finance & CFO, this strategic individual will form part of the Executive Leadership Team to drive the finance transformation and change management agenda across the organization’s shared services function.


Essential Duties & Responsibilities

  • Strategic oversight and leadership of client finance operations services department, including Payroll, Accounts Payable, Accounts Receivable, and Treasury.
  • Oversight of offshore partners in India
  • Participate in the implementation, testing, and troubleshooting of accounting systems.
  • Responsible for creating and maintaining departmental Standard Operating Procedures (SOP). Develops metrics, service level agreements (SLAs), and key performance indicators (KPIs) to ensure service delivery.
  • Ensures timely issue identification, resolution, and escalation when appropriate within leadership teams throughout the organization, including management teams.
  • Establish strategic and proactive partnerships with other departments, including property management and client finance teams.
  • Establishes standard operating procedures to drive uniformity, consistency, and accountability that are consistent with our company’s values.
  • Defining and enforcing key controls over financial operations, particularly appropriate segregation of duties
  • Overseeing the department's development of financial processes and company policies to ensure transactions are processed accurately and timely.
  • Maintaining appropriate supervisory reviews and reconciliations as part of day-to-day transactions such as systems postings of invoices and payments, ongoing billing, payroll processing, and treasury operations.
  • Implementing new company procedures and policy changes as business conditions warrant to ensure appropriate internal control and accuracy of client financial transactions.
  • Lead and develop a team of finance operations supervisors & managers to ensure client finance operations deliverables are completed promptly and accurately within service levels.
  • Coaching and supervising department managers to ensure daily and monthly tasks are completed accurately and timely within service levels.
  • Maintain staffing coverage and related contingencies to ensure on-time service delivery during periods of unexpected staff absences or transitions.


Qualifications

  • A bachelor's degree in finance or accounting is required.
  • Minimum ten years of progressive accounting & finance experience within the Real Estate or Hospitality industry
  • Experienced in leading onshore and offshore teams and leading projects.
  • Strong verbal and written communication skills
  • Ability to perform with minimal supervision and make decisions independently.
  • Critical thinking, problem-solving, ability to perform with minimal supervision, and independent decision-making skills.

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