Chief Financial Officer of Hospitality

Job Description

Job Description

Bellevue Capital Partners and the Heritage Restaurant Group is growing, and we need a leader who can guide the financial systems that empower us. We’re searching for an experienced chief financial officer to join our team of high-performing professionals and keep our finances positioned for continued success. The CFO will have a day-to-day, ongoing impact on company operations, help to analyze, strategize, and grow our financial position. This seasoned strategist not only will understand current accounting practices and trends but also will have experience raising capital and adapting to change, whether it’s through growth or downsizing. As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills.

Objectives of this role

• Take responsibility (either directly or via staff) for all cash management, investments, insurance, budgeting, and financial reporting, and help drive the company’s financial strategy and hiring needs
• Coordinate development of annual operating, capital, and program budgets, as well as reporting for the same
• Ensure cash flow is compatible with operations by overseeing day-to-day accounting, recording, reporting, and internal-control activities of the organization
• Develop and implement best practices and tools to ensure a well-controlled yet flexible organization that has strong fiscal management, project coordination, cross-team communications, and workflows
• Comply with national and local financial requirements by studying existing and new legislation and taking appropriate action
• Coordinate with external audit firm for timely and accurate annual audits

Responsibilities

• Establish policies and procedures to ensure compliance with GAAP
• Work with senior managers to efficiently develop budget proposals, provide timely financial reporting
• Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reduction and process enhancement
• Perform risk management through analysis of company liabilities and investments, and evaluate and manage capital structure
• Monitor business performance with tracking tools, establish corrective measures as needed, and prepare detailed reports for management team
• Manage finance personnel and oversee financial IT systems, ensuring compliance with relevant regulatory entities (ex: Financial Accounting Standards Board, Internal Revenue Service)

Required skills and qualifications

• Ten or more years of experience in executive leadership roles
• Excellent leadership and organizational skills, with steadfast resolve, strong and personal integrity
• Exceptional verbal, written, and visual communication skills
• Extensive experience in senior financial managerial roles with a proven track record of success
• Excellent knowledge of data analysis, risk management and forecasting methods
• Experience in the Hospitality Industry
• Understanding of advanced accounting, regulatory issues, and tax planning
• Master’s degree (or equivalent experience) in accounting, business accounting, or finance
• Professional certification (ex: Certified Public Accountant)
• Experience in mergers and acquisitions relations

Compensation

Compensation is commensurate with experience and capabilities. The package includes:

• Competitive base salary
• Performance-based bonus
• Comprehensive benefits package

***Professional references are required