Area Director of Finance - West Hollywood, United States - Springboard Hospitality

Mark Lane

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Mark Lane

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Description

About our company:


Springboard Hospitality is a premier third-party hotel management company with a 30+ year history transforming lifestyle hotels, from the islands of Hawaii to the tip of Florida.


Springboard team members are a diverse mix of independent innovators, savvy storytellers, adventure-seekers, tech entrepreneurs, free-thinkers and community leaders making waves across one of the most diverse portfolios in the industry.


At every level, the Springboard team is dedicated to going _Above & Beyond_ to deliver hotels that transform people, properties & communities.

From memorable moments at the front desk, to thoughtful room touches, to inspired onsite programming, the Springboard team is committed to empowering the traveler's journey—inviting them to experience the frequency of each hotel's locale, pushing authentic human connection, exploration, and discovery, while also driving revenue.


Springboard values intentional culture, and whole-heartedly believes in nurturing, training, and empowering the careers of the hospitality leaders of today and tomorrow, encouraging them to travel and explore, through Springboard's award-winning portfolio.

From work life balance to career development, Springboard values and invests in the greater team, reflected in zero corporate turnover during the pandemic, well positioned for continued growth through the future.


Primary mission:


The Area Director of Finance is responsible for all areas relating to the daily, operations accounting, and financial aspects of the Company.

As well as maintaining a set of comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the Company's reported financial results and ensures that reported results comply with generally accepted accounting principles (GAAP).


SCOPE OF WORK + TEAM

  • Reports to Regional VP of Operations
  • Supports the Accounting department
  • Monitors and confirms financial condition by conducting audits, providing required information to external auditors as directed.

RESPONSIBILITIES

  • Performs accounting duties that may require broad conceptual judgement, initiative, and ability to successfully deal with complex accounting issues.
  • Maintains a thorough understanding of the Company's financial reporting and General Ledger (GL) structure.
  • Establish, monitor, and reenforce accounting policies and procedures and internal controls.
  • Prepares and monitors daily management reports outlining property's financial position in areas of income, expense, and earnings, prepares closing processes and required and/or as needed financial reports to include monthly and annual yearend financial statements.
  • Prepares and manages the annual budget process by establishing schedules, analyzing variances, consolidating financial data, and recommending sound plans and objectives.
  • Effectively manages others to Springboard standards as in the handbook
  • Submit capital draw request to ownership in a timely manner on a monthly basis
  • Work with operational leaders to advise on sound practices and recommendations to improve business functionality and efficiency
  • Utilize USALI 11 standards of accounting proficiently, and default to its procedures when in question, working with ownership to find solution
  • Perform cash management responsibilities to include weekly and annual performance cash flows/budgets.
  • Makes sound financial recommendations to owner and senior management.
  • Responsable for reconsiling bank statement
  • Timely processes and pays all required tax(es) and/or other government/vendor payments, prepares all necessary government reports, i.e., monthly sales and occupancy tax.
  • Complies with local, state, and federal government reporting requirements and tax filings, promptly responds to inquiries from government agencies as required.
  • Understand existing financialrelated legislations and property anticipates future legislations.
  • Oversees the operations of the Accounting Department, inclusive of staff duties and responsibilities (i.e., property processing biweekly payroll) to achieve the department's goals and objectives.
  • Maintains the effective operations of the Accounting Department by recruiting, selecting, and training appropriate staffing to also include coaching, counseling, monitoring, and appraising staff.
  • Cooperative interaction with company CPS as needed and/or required.
  • Monitors and confirms financial condition by conducting audits, providing required information to external auditors as directed.
  • Perform other reasonable tasks as assigned or requested.

Qualifications:


EXPERIENCE:

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Prior Experience:

  • 4+ years of businessrelated experience as Chief Financial Officer or Senior Staff Accountant; hospitality industry highly preferred.
  • Minimum 2 years of supervisory experience in accountingrelated field or department.
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IT Expertise:


  • Advanced knowledge of computer software (including Microsoft Office, outlook) and w

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