Chief Financial Officer

Company: Gecko Hospitality (Corporate)
Location: Portland
Posted on: May 13, 2022

Job Description:

Overview :
The Chief Financial Officer (CFO) provides both financial and operational support for our company. The CFO supervises the accounting, reporting, contract, compliance, and risk management functions for our company and its managed hotels. The CFO reports directly to the President and supports other team leaders on all strategic and operational matters as they relate to budget management, cost-benefit analysis, forecasting needs, contracting, and risk management, including information technology security.

Our Chief Financial Offer must display effective listening and communication skills, initiative, ability to work independently and in teams, and lead by example. The CFO must be able to exercise good judgment and discretion, display effective problem-solving skills, and provide excellent customer service. Additionally, the CFO must have the ability to multi-task, maintain composure under pressure, and display an elevated level of professionalism, integrity, and follow-through.

We expect our employees to approach their work with passion, enthusiasm, and attention to customer satisfaction. We also expect our employees to champion, embrace and live the company values: Fun, Accountability, Concern for Others, Continuous Improvement, and Trust. Our values are at the center of everything we do. We use them as guides to make decisions and chart our course daily.

Job Duties and Responsibilities:

Direct accounting and reporting functions for our company ensuring compliance with appropriate GAAP and USALI standards.
Oversee and coordinate all management functions.
Oversee property cash flow and forecasting.
Monitor banking activities of the company and managed hotels.
Coordinate and oversee quarterly/annual budgeting and planning process. Attend budget meetings and/or property performance review meetings as requested.
Develop and maintain systems of internal controls to safeguard the financial assets of the organization.
Support Accounting Team by providing training and guidance on financial and accounting matters.
Oversee payroll and employee benefits functions, including state-specific compliance, administration, and processing.
Support Operations Team with budgets, daily reports, and other analyses to effectively manage the business.
Ensure adequate controls are installed and that substantiating documentation is maintained.
Review property financial statements and ledgers to identify risk areas and opportunities for improvement.
Coordinate reviewed financial statements and support tax return preparation in coordination with TOC Asset / Investment Manager.
Review all primary contracts, leases, and other legal documents and advise. Interface with outside counsel as needed.
Ensure reporting compliance with Hotel Management Agreements (HMAs).
Oversee the administration, compliance, and financial reporting of the Company's 401(k) Plan.
Oversee business insurance plans, including broker relationships, HMA requirements, and annual renewals.
Work with Human Resources leadership to oversee employee benefits renewals on an annual basis.
Oversee the maintenance of the fixed asset and GL accounting software.
Identify and implement software and other platforms to support effective and efficient fiscal management and reporting.
Identify and implement IT security best practices for the hospitality industry in coordination with IT contractor(s).
Other duties, as assigned.
Attend Board meetings, as required.

Skills Required:
Leadership - ability to effectively motivate, mentor, coach & counsel others to perform well (including appropriate documentation)
Customer Service - deliver hospitable service that is attentive, friendly, efficient, and courteous; demonstrate patience, tact, and diplomacy
People Skills - ability to collaborate, create rapport, and work effectively with others; earn and maintain trust and respect
Communication Skills - Ability to effectively listen & communicate professionally, both verbally and in writing
Problem-Solving & Analytical Skills - ability to identify the issue, collect and analyze information to understand the problem, and effectively resolve it. Identify, recommend, and implement best practices
Judgment & Discretion - appropriately manage confidential and sensitive information
Organizational & Time Management Skills - Ability to appropriately schedule a time to meet job demands, multi-task, prioritize, follow through, and work efficiently with limited supervision
Aptitude & Adaptability - ability to learn quickly and adapt to changing priorities and business needs
Composure - ability to maintain composure and work under pressure, managing stress to meet business demands. (Calmly manage all customer and employee interactions & issues)
Attention to Detail - Ability to follow instructions and achieve thoroughness and accuracy when accomplishing tasks
Computer skills/ Technical Aptitude - proficiency in computer technology, i.e., e-mail, MS Word, Excel, & other hotel-related systems. Utilize technology to enhance organizational efficiency
Training - ability to share knowledge and function as a resource in teaching others to perform tasks efficiently and safely

Experience/ Education:
At least 10 years of progressive leadership/management experience are required.
Experience in the hotel industry is required.
Management experience with multi-location organizations with over 1,000 employees required.
A four-year degree in accounting or finance from an accredited university or college is required.
A CPA and MBA are preferred.
Commutable distance to our home office in Portland, Maine.

Keywords: Gecko Hospitality (Corporate), Portland , Chief Financial Officer, Executive , Portland, Maine