The VP of Finance will implement and maintain an effective planning and analysis capability that will provide senior leadership with appropriate analytical tools to establish goals and measure the performance of the company. Oversee the continued development of budgeting, financial forecasting, operating plan, and modeling tools.
Responsibilities / Duties
- Prepare financial and business related analysis and research in such areas as financial and expense performance, rate of return, working capital, pricing and investments
- Analyze trends in revenue, expense, capital expenditures, and other related areas
- Support the strategic business planning process
- Effectively communicate cash flow related issues, including the accurate and timely preparation of monthly financial statements: cash flow statements, management of receivables, payables, cash balances, and control mechanisms
- Contribute operations information and recommendations to strategic plans and reviews; prepare and complete action plans; implement production, productivity, quality, and customer-service standards; resolve problems; complete audits; identify trends
- Forecast requirements; assist in the preparation of the annual budget; schedule expenditures; analyze variances; initiating corrective actions
- Develop and manage key relationships with stakeholders to provide financial support and understanding of short term and long term financial goals.
- Review financial performance, analysis of variances, forecasts and budgets.
- Challenge existing strategies and/or recommend alternate strategies to improve performance.
- Promote, drive and maximize profits and innovative concepts across all business units.
- Responsible for the analysis and interpretation of financial data.
- Seek, identify and implement throughout the company, best practices that will serve to enhance revenues, guest experience and improve cost and productivity efficiencies.
- Lead in preparing, in conjunction with the CFO, the annual budget.
- Provide accurate and complete financial and management reports on a timely basis to CFO, COO, and founder in accordance with the company requirements and policy.
- Ensure all laws and fiscal regulations affecting financial matters are in compliance.
- Assist with internal and external audits process.
- Support and promote internal control standards to ensure compliance with accounting policies and procedures.
- Regularly reviews all expenditures, financial reports and other information provided to leadership group to ensure accuracy including balance sheet and profit and loss reconciliations by account.
- Conducts internal audits of data to ensure accuracy and integrity.
- Assists managers in developing, implementing, and monitoring individual budgets.
- Assists managers with understanding and analyzing the budgets, identifying operational implementations to improve efficiencies and outcomes.
Competencies
- Strong communication and customer service skills
- Ability to work in a team environment, be self-motivated and demonstrate professional maturity
- Strong organization, analytical, and critical-thinking skills and exhibit composure and professionalism while under pressure
- Ability to manage multiple projects in a fast-paced environment while meeting constant deadlines and maintaining strong attention to detail
Skills
- Bachelor’s Degree in Hospitality Management or Finance; MBA highly preferred
- 6+ years ‘ experience in Financial Planning or Operations or Analysis or related Corporate Finance fields
- Advanced Microsoft Excel and PowerPoint skills
- Familiarity with ERP systems (HFM, Hyperion, etc.)
Requirements
- Flexible with travel (10-15%)