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VP OF ACCOUNTING & FINANCE

VP OF ACCOUNTING & FINANCE

Stein Eriksen LodgePark City, UT, US
7 days ago
Job type
  • Full-time
Job description

VP OF ACCOUNTING & FINANCE

Strategic Leadership

  • Develop and implement financial strategies to maximize profitability across the company.
  • Monitor and support CFO regarding capital investments, budget performance, variances and key financial indicators.
  • Ensure timely and accurate financial reports including accurate analysis of key performance indicators.
  • Provide property level and company financial insight to guide decision-making for cost management and revenue enhancements.
  • Lead the preparation and presentation of financial reporting to management and other stakeholders.

Hospitality Accounting & Compliance

  • Oversee accounting team and accounting functions, ensure adherence to the Uniform System of Accounts for the Lodging Industry (USALI) and GAAP.
  • Ensure timely and accurate financial reporting, including monthly P&L statements, variance analyses, and balance sheet reconciliations, ensuring all reporting deadlines are met.
  • Maintain manage and analyze cash flow and reserve balance statements.
  • Develops and implements effective financial controls and internal reviews and audits.
  • Coordinate and oversee internal and external audits for compliance with GAAP, USALI, tax, and regulatory requirements.

    • Financial Planning & Analysis

  • Direct annual budgeting, forecasting, rolling cash flow projections, and reserve balances for each hospitality property and consolidated operations, in collaboration with the department heads.
  • Analyze hospitality KPIs such as RevPAR, ADR, CPOR, occupancy, GOP, and flow-through to assess performance.
  • Provide proactive recommendations to improve revenue management, cost control and profitability results.

    • Team Leadership

  • Lead, develop, and mentor the finance team and property leaders. This includes the Corporate Controller and IT team managers.
  • Provide training on hospitality accounting standards and company financial policies.
  • Build effective stakeholder relations, and a culture of accountability, transparency, and service to both operational and other stakeholders.
  • Fosters a culture of continuous improvement.

    • HOA Financial Oversight

  • Oversee financial management of multiple Homeowners' Associations (HOAs) within the Stein Collection portfolio.
  • Direct financial operations for HOAs, including budget preparation, dues collection and distribution, and financial reporting to all stakeholders.
  • Ensure transparency and regulatory compliance in HOA fund management and capital reserve planning.

    • Information Technology Oversight

  • Provide strategic direction for IT systems and procedures supporting hospitality operations and support teams.
  • Ensure data security, PCI compliance, and system reliability across all properties.
  • Support cybersecurity efforts, software / hardware upgrades, data governance, and systems integration.
  • Oversee IT infrastructure investments, system integrations, and technology upgrades to improve efficiency and stakeholder experience.
  • Partner with operations to align technology strategy with business needs while assessing needs, implementing new technology, and optimizing IT spend.

    • Qualifications

  • Bachelor's degree in Finance, Accounting, or related field (MBA, CPA, or CHAE preferred).
  • Minimum 10 years of progressive hospitality (or similar) finance experience, including hospitality accounting and multi-property oversight.
  • Proficient knowledge of GAAP and USALI hospitality accounting standards.
  • Experience overseeing IT functions and / or working closely with technology leadership.
  • Knowledge of HOA governance and financial management is highly preferred.
  • Proven ability to lead financial strategy, budgeting, and forecasting in a hospitality environment.

    • Key Competencies

  • Expertise in hospitality-specific KPIs and financial drivers.
  • Strong analytical and problem-solving skills with the ability to interpret complex financial data.
  • Ability to balance strategic leadership with hands-on financial management.

    • Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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    Vp Of Finance • Park City, UT, US

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