Chief Financial Officer

2 weeks ago


Madison, Wisconsin, United States Cordia Resources by Cherry Bekaert Full time
Job Summary:

We are seeking a highly skilled Financial Director to join our team at Cordia Resources by Cherry Bekaert. As a key member of our finance department, you will be responsible for leading all accounting and finance efforts for our select service properties in the Milwaukee area.

Key Responsibilities:

Effectively manage and communicate cash flow related issues for management and ownership.
Accurately and timely prepare cash-flow statements, manage receivables, cash balances, control mechanisms, and timely deposits of all funds.
Monitor hotel revenues and expenses and ensure accurate recording with established guidelines.
Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.
Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support, and monitoring the bid process, and evaluating scope of work and specifications.
Ensure Hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
Support management with enforcing compliance on all accounting and finance items.
Coordinate the completion of all forecasts and budgets as required, with the full and active participation of EC Team and department managers.
Analyze data/operations to assist and advise management in maintaining the Hotels' financial objectives.
Ensure that balance sheet accounts, including bank reconciliations, are reconciled on a timely basis.
Establish and continually audit all internal financial controls, including purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
Direct and/or prepare all financial reports in accordance with requirements meeting various due dates and deadlines.

Requirements:

BS Degree is required.
3-5+ years of experience in hotel accounting/finance as Director of Finance/Accounting OR Controller.
Resort and experience is required.
Strong PMS/property systems preferred (M3, Profit Sword considered helpful).
MS Excel skills.
Some management training is required.
Sense of ownership, an operational knack for success, and an eye for numbers.
Sound, sensible management/leadership skills and attitude.
Should hold a sense of accountability to owners, asset management, and operator.
Must have ability to help follow branding and marketing adjustments as needed.

Compensation:

Competitive base salary to start (depending on experience).
Up to 35% annual target bonus possible.
Excellent benefits, 401k, PTO, resources, support, etc.
Some relocation available.

About Us:

Cordia Resources by Cherry Bekaert is a reputable, fast-growth hotel management company seeking a Complex Director of Finance to manage the finance and accounting of two popular select service properties just outside of Milwaukee, WI.

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