Vice President of Corporate Finance
4 weeks ago
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
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