Vice President & Chief Financial Officer - Real Hospitality Group

Function: Corporate
Location: Real Hospitality Group Real Hospitality Group Real Hospitality Group US
Date posted: 14 Nov 2017
Executive Level
Full-time
Travel
Unique Job Reference Code 32894
Description

REPORTS TO:  President & CEO

SUPERVISES DIRECTLY:  All Financial and Administrative Staff

SUPERVISES DIRECTLY OR INDIRECTLY:  All corporate controllers, clerks, auditors, consultants, service providers

Purpose for the Position:  To hire, train, direct and supervise all accounting personnel and functions of the centralized accounting infrastructure of Real Hospitality Group, to oversee all operations of the RHG Corporate office and staff and to participate and assist (where appropriate) in the overall operations of the hotel portfolio and on-property teams through the direction of the regional management teams. Duties include but are not limited to, physical asset management and upkeep, budgeting; costs analysis; payroll and staffing guide control and compliance; sales activities and booking policies; motivating and retaining associates; communications with property ownership groups and any other duties required for the day-to-day management and oversight consistent with the expectations for any first class hotel operation.

Essential Responsibilities:

  1. Provide professional and courteous service at all times.

Fiscal Management:

  1. Supervises the financial operations of the corporate office and the hotels under contract with RHG. To do this, duties may include, but not be limited to:
  2. Protect the company's financial assets by properly administering company policies and procedures for handling cash, credit card, accounts payable, accounts receivable, payroll and all other financial transactions.  Also, properly administer company policies and procedures for protecting the safety of guests and associates.
  3. Oversight of accounts receivable, accounts payable, auditing, payroll, general accounting, and cashiers.
  4. Plan and implement companywide procedures and systems.
  5. Approve all purchases made on behalf of the corporate office within budgetary guidelines.
  6. Prepare financial analysis of hotel operations.
  7. Review all property profit and loss statements and balance sheets for GAAP compliance prior to distribution
  8. Review all property Line by Line variance reports submitted from the properties for accuracy to ensure RHG contract compliance.
  9. Manage all aspects of the labor and expense forecasting and reporting from/to all department heads as approved by the budget.
  10. Audit and evaluate all cash handling operations and procedures.
  11. Prepare reports outlining Hotel's financial position in areas of income, expense, and earnings based on past, present, and future operations.
  12. Review and evaluate all property inventories to ensure proper levels without causing burdens on property cash flows.
  13. Train management and supervisory associates to read and understand all fiscal documents and management tools in order to better manage their properties, (staffing guides, budgets, P&L's etc.)
  14. Participate in the disciplinary action of any property representative who expends funds beyond available limits.
  15. Produce and present all fiscal management tools and reports at regularly and ad hoc scheduled meetings.
  16. Participate in owner meetings as needed or requested.
  17. Oversee the reconciliation of all operating bank and escrow accounts with each statement.
  18. Direct preparation of budgets and financial forecasts.
  19. Determine depreciation dates.
  20. Prepare governmental reports and handles all inquiries from government agencies, including Internal Revenue Service.
  21. Serve as RHG liaison to any owner designee or auditor requesting information and/or assistance to comply with any related request. 
  22. Advise management on desirable operational adjustments due to business levels and tax revisions.
  23. Arrange for audits of the Hotel's accounts.
  24. Maintain files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
  25. Advise management concerning insurance coverage for protection against property losses and potential liabilities.
  26. Approve all hotel contracts (Service, Maintenance, etc) prior to execution, and ensures the RHG contract rider is completed and on file.
  27. Audit to ensure that all certificates of insurance are obtained and maintained at the properties.
  28. Hire, fire, train, and develop assigned associates.

Management of Office Staff:

  1. Accountants
  2. A/P Clerks
  3. Internal Auditors
  4. General Administration

Operations

  1. Conduct regular property visits to hotels
  2. Assist in a regional operations capacity as needed due to company growth or staff vacancies as needed

MINIMUM EDUCATION:  Bachelor's Degree in Accounting or Business Degree. 

MINIMUM EXPERIENCE:  Previous experience must include a minimum of 5 years in a senior, multi unit financial capacity with operational responsibilities

MINIMUM SKILL REQUIREMENTS:

  • Must have knowledge of a variety of computer software applications in word processing and spreadsheets. Word, Excel, Power Point and Access.
  • Must have effective oral and written communication skills.
  • Must have good analytical skills and decision-making ability.
  • Must be able to work independently and multi-task, prioritizing as appropriate.

PHYSICAL, MENTAL, AND ENVIRONMENTAL DEMANDS:                                                                                                                                                                                 

  • Must be physically and visually able to utilize the computer.
  • Must be able to sit or stand for long periods at a time.
  • Must have excellent verbal and written communication ability.
  • Flexible in work hours/days. Must be able to travel.
  • Must respond to multiple task interruptions in order to provide service to internal and external customers.

While this is intended to be an accurate reflection of the current job, RHG reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g., emergencies, changes in personnel, workload, rush jobs, or technical development.

Physical Demands:  Lifting 20 lbs. maximum with frequent lifting and/or carrying of objects weighing up to 10 lbs.  Requires walking or standing to a significant degree, talking, hearing.

Environmental Conditions:  Inside:  Protection from weather conditions but not necessarily from temperature changes.  A job is considered "inside" if the worker spends approximately 75% or more of the time inside.

Math Skills:  Requires mathematical development sufficient to be able to:  Compute discount, interest, profit and loss, commission, markups and selling price.

Language Skills:  Must have developed language skills to the point to be able to:  Read newspapers, periodicals, journals, and manuals.  Write business letters, summaries and reports using prescribed format and conforming to all rules of punctuation, grammar, diction and style.  Participate in discussions and debates.  Speak extemporaneously on a variety of subjects.

Relationships to Data, People and Things:

Data:  Coordinating:  Determining time, place, and sequence of operations or action to be taken on the basis of analysis of data; executing determination and/or reporting on events.

People:  Negotiating:  Exchanging ideas, information, and opinions with others to formulate policies and programs and/or arrive jointly at decisions, conclusions or solutions.

Things:  Handling:  Using body members, hand tools, and/or special devices to work, move, or carry objects or materials.  Involves little or no latitude for judgment with regard to attainment of standards or in selecting appropriate tools, object or materials.


Real Hospitality Group

Vice President & Chief Financial Officer - Real Hospitality Group

REPORTS TO:  President & CEO

SUPERVISES DIRECTLY:  All Financial and Administrative Staff

SUPERVISES DIRECTLY OR INDIRECTLY:  All corporate controllers, clerks, auditors, consultants, service providers

Purpose for the Position:  To hire, train, direct and supervise all accounting personnel and functions of the centralized accounting infrastructure of Real Hospitality Group, to oversee all operations of the RHG Corporate office and staff and to participate and assist (where appropriate) in the overall operations of the hotel portfolio and on-property teams through the direction of the regional management teams. Duties include but are not limited to, physical asset management and upkeep, budgeting; costs analysis; payroll and staffing guide control and compliance; sales activities and booking policies; motivating and retaining associates; communications with property ownership groups and any other duties required for the day-to-day management and oversight consistent with the expectations for any first class hotel operation.

Essential Responsibilities:

  1. Provide professional and courteous service at all times.

Fiscal Management:

  1. Supervises the financial operations of the corporate office and the hotels under contract with RHG. To do this, duties may include, but not be limited to:
  2. Protect the company's financial assets by properly administering company policies and procedures for handling cash, credit card, accounts payable, accounts receivable, payroll and all other financial transactions.  Also, properly administer company policies and procedures for protecting the safety of guests and associates.
  3. Oversight of accounts receivable, accounts payable, auditing, payroll, general accounting, and cashiers.
  4. Plan and implement companywide procedures and systems.
  5. Approve all purchases made on behalf of the corporate office within budgetary guidelines.
  6. Prepare financial analysis of hotel operations.
  7. Review all property profit and loss statements and balance sheets for GAAP compliance prior to distribution
  8. Review all property Line by Line variance reports submitted from the properties for accuracy to ensure RHG contract compliance.
  9. Manage all aspects of the labor and expense forecasting and reporting from/to all department heads as approved by the budget.
  10. Audit and evaluate all cash handling operations and procedures.
  11. Prepare reports outlining Hotel's financial position in areas of income, expense, and earnings based on past, present, and future operations.
  12. Review and evaluate all property inventories to ensure proper levels without causing burdens on property cash flows.
  13. Train management and supervisory associates to read and understand all fiscal documents and management tools in order to better manage their properties, (staffing guides, budgets, P&L's etc.)
  14. Participate in the disciplinary action of any property representative who expends funds beyond available limits.
  15. Produce and present all fiscal management tools and reports at regularly and ad hoc scheduled meetings.
  16. Participate in owner meetings as needed or requested.
  17. Oversee the reconciliation of all operating bank and escrow accounts with each statement.
  18. Direct preparation of budgets and financial forecasts.
  19. Determine depreciation dates.
  20. Prepare governmental reports and handles all inquiries from government agencies, including Internal Revenue Service.
  21. Serve as RHG liaison to any owner designee or auditor requesting information and/or assistance to comply with any related request. 
  22. Advise management on desirable operational adjustments due to business levels and tax revisions.
  23. Arrange for audits of the Hotel's accounts.
  24. Maintain files of all contracts, insurance policies, tax reports, expenses, payroll, etc.
  25. Advise management concerning insurance coverage for protection against property losses and potential liabilities.
  26. Approve all hotel contracts (Service, Maintenance, etc) prior to execution, and ensures the RHG contract rider is completed and on file.
  27. Audit to ensure that all certificates of insurance are obtained and maintained at the properties.
  28. Hire, fire, train, and develop assigned associates.

Management of Office Staff:

  1. Accountants
  2. A/P Clerks
  3. Internal Auditors
  4. General Administration

Operations

  1. Conduct regular property visits to hotels
  2. Assist in a regional operations capacity as needed due to company growth or staff vacancies as needed

MINIMUM EDUCATION:  Bachelor's Degree in Accounting or Business Degree. 

MINIMUM EXPERIENCE:  Previous experience must include a minimum of 5 years in a senior, multi unit financial capacity with operational responsibilities

MINIMUM SKILL REQUIREMENTS:

  • Must have knowledge of a variety of computer software applications in word processing and spreadsheets. Word, Excel, Power Point and Access.
  • Must have effective oral and written communication skills.
  • Must have good analytical skills and decision-making ability.
  • Must be able to work independently and multi-task, prioritizing as appropriate.

PHYSICAL, MENTAL, AND ENVIRONMENTAL DEMANDS:                                                                                                                                                                                 

  • Must be physically and visually able to utilize the computer.
  • Must be able to sit or stand for long periods at a time.
  • Must have excellent verbal and written communication ability.
  • Flexible in work hours/days. Must be able to travel.
  • Must respond to multiple task interruptions in order to provide service to internal and external customers.

While this is intended to be an accurate reflection of the current job, RHG reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g., emergencies, changes in personnel, workload, rush jobs, or technical development.

Physical Demands:  Lifting 20 lbs. maximum with frequent lifting and/or carrying of objects weighing up to 10 lbs.  Requires walking or standing to a significant degree, talking, hearing.

Environmental Conditions:  Inside:  Protection from weather conditions but not necessarily from temperature changes.  A job is considered "inside" if the worker spends approximately 75% or more of the time inside.

Math Skills:  Requires mathematical development sufficient to be able to:  Compute discount, interest, profit and loss, commission, markups and selling price.

Language Skills:  Must have developed language skills to the point to be able to:  Read newspapers, periodicals, journals, and manuals.  Write business letters, summaries and reports using prescribed format and conforming to all rules of punctuation, grammar, diction and style.  Participate in discussions and debates.  Speak extemporaneously on a variety of subjects.

Relationships to Data, People and Things:

Data:  Coordinating:  Determining time, place, and sequence of operations or action to be taken on the basis of analysis of data; executing determination and/or reporting on events.

People:  Negotiating:  Exchanging ideas, information, and opinions with others to formulate policies and programs and/or arrive jointly at decisions, conclusions or solutions.

Things:  Handling:  Using body members, hand tools, and/or special devices to work, move, or carry objects or materials.  Involves little or no latitude for judgment with regard to attainment of standards or in selecting appropriate tools, object or materials.

Job Details

Reference # 32894
Posted on 14 Nov 2017
Closes on
Location(s) Real Hospitality Group
Department Corporate
Career level Executive Level
Hours/Status Full-time
More details (document)
Link for schema : https://rhgcorp.snaphire.com/jobdetails?jobmc=32894GOOGLE

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