Director of Finance

Tommy Bahama; Napa (CA); On-site; USD 150,000 - 170,000; Full time

Benefits offered by this job

Health benefits

Pre-tax flexible benefit

Employee assistance program

Paid time off

401(k) match

Job summary

CoralTree Napa First Street is seeking a Director of Finance to lead daily accounting operations, including payroll, accounts payable, and general ledger integrity, and to deliver timely financial reporting and cash-flow analysis to resort leadership.

This role requires a CPA or equivalent, a hospitality background with complex properties, supervisory experience, and the ability to present to ownership; you will oversee HOA finances, budgeting, audits, and drive cost improvements for the resort.

Qualifications

• Bachelor's Degree in Accounting; CPA preferred.
• Hospitality background with complex properties experience.
• Solution-oriented leadership with supervisory experience.
• Experience presenting to ownership.
• Experience with HOAs.

Responsibilities

• Direct and assume responsibility for proper execution of the Resort’s accounting practices, maintenance of accurate financial records, and the timely preparation of financial reports.
• Assist in nurturing the important relationship with the Resort owners and coordinate reporting and meetings.
• Direct and assume responsibility for HOA/Condominium owners' accounting and reporting.
• Oversee year-end audit process, including HOA Audit and external auditor coordination.
• Review cash flows, prepare monthly/annual financial statements, and analyze variances.

Skills

Leadership

Supervisory experience

Presentation to owners

HOA experience

Education

Bachelor's Degree in Accounting

Job description

Overview

Are you ready to help shape the future of travel and hospitality? CoralTree is seeking a Director of Finance to join our team at Napa First Street. As the Director of Finance, you'll provide daily management of the accounting department, which includes payroll, income audit, accounts payable, and the general ledger. You'll be responsible for reconciling and maintaining the integrity of the general ledger. In addition, you will assist with the preparation of accurate and timely financial reporting, including cash flow, and routinely provide financial support and analysis to leadership across the resort.

Responsibilities

• Direct and assume responsibility for proper execution of the Resort’s accounting practices, maintenance of accurate financial records, and the timely preparation of financial reports. Utilize standard reporting, as well as insightful comprehensive metrics, to drive continuous improvement for the Resort. This responsibility also includes Resort financial planning, budgeting, accounting and cash management. This also includes ensuring operations leaders follow all accounting practices and policies.
• Assist in nurturing the important relationship with the Resort owners. Be responsible for supervising and coordinating reporting as required. Provide timely, concise monthly reporting for the Resort, custom reports as requested, respond quickly to questions or requests, and participate in Partner and other appropriate meetings.
• Direct and assume responsibility for proper execution of the accounting functions required by HOA and Condominium Owners. Review the common area HOA charges and bill the HOA properly. Act as a liaison between Resort financial operations and the HOA board. Ensure that legal, fiduciary, reporting, and financial service requirements of unit owners are satisfied.
• Complete the year-end audit process, including the HOA Audit. Review and approve all reconciliations and audit work papers. Coordinate external auditor visits, respond to auditor requests, approve all adjustments, reconcile audit numbers to property numbers, and approve the final audit.
• Review historical and projected cash flows. Take required actions to ensure cash flow is appropriately managed. Communicate to the responsible Property --Operations executive, Regional VP of Finance, and others, including owners, as necessary.
• Supervise and participate in the preparation and review of all monthly and annual financial statements. Investigate, review, and analyze the variance explanations, and involve the department managers in this process. Ensure all narratives are well written and explain why the variance occurred.
• Interpret operating results as they affect the financial aspects of the Resort, making specific recommendations that will result in cost reductions, profit improvement, and benefit to the Resort overall.
• Organize and drive the annual budgeting process along with monthly forecast for the Resort. Monitor and assist in preparing the property budgets, capital budgets, development budgets, and business plans. Ensure accuracy and completion of the budgets on or before the due date. Aid in the preparation and final review of the annual business plan.
• Check appropriation requests against approved budgets prior to committing funds; exercise accounting control to ensure that budgeted expenditures do not exceed authorized levels.
• Coordinate integration of the development financial activity into the operating activity with the result being concise, timely reporting for the overall Resort.
• Drive labor meetings, labor standards, and compliance with those standards.
• Responsible for accurate billings, collection, and payment of rental management owners.

Qualifications

• Bachelor’s Degree in Accounting, CPA preferred.
• Hospitality background, experience with complex properties including food & beverage finance a plus.
• Solution-oriented leader with previous supervisory experience required.
• Experience and confidence presenting to ownership.
• Experience with HOAs.

As a valued member of the CoralTree team, you'll receive a comprehensive benefits package that includes:

• Group medical, dental, vision, life, and disability benefits.
• Participation in a pre-tax flexible benefit plan for healthcare and dependent care reimbursement
• An employee assistance program.
• Paid time off/sick time
• Participation in a 401(k) plan with a company match.

Join us in creating unforgettable experiences for our guests, building vibrant communities, and shaping the future of travel and hospitality.

Salary range: $150,000 – $170,000/yr. + 30% bonus

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