SUMMARY
Administering all financial activities of the Company; implementing and monitoring effective controls and procedures and maintaining accurate records analyzing and summarizing general ledger accounts.
Demonstrates a high degree of administrative ability, especially in terms of problem solving and decision making. Consistently uses reasonable judgment in all aspects of the job, including the handling of negative situations, coaching staff effectively, and assisting employees with setting priorities.
SPECIFIC RESPONSIBILITIES
Financial Strategy & Leadership
• Develop and implement the Company's financial strategy.
• Provide strategic recommendations to the Company's ownership and executive team.
• Align financial management with the Company's long-term goals and mission.
• Overseeing the preparation of the Company's annual budgets and long-term financial forecasts.
• Conduct financial analysis to support decision-making.
• Identify financial trends, risks, and opportunities.
• Present financial reports and insights to the company's leadership.
• Collaborate with department heads for cross-functional financial alignment.
• Communicate financial health and strategies to key stakeholders.
• Collaborate with the ownership and General Manager on financial strategy and long-term financial planning.
• Provide financial insights for capital projects, renovations, and major expenditures.
• Assist in pricing models and fee structures.
• Prepare reports for the ownership and executive team.
• Monitor key performance indicators (KPIs) and recommend operational improvements.
Accounting & Reporting
• Prepare accurate and timely financial statements.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP).
• Implement effective financial controls and reporting systems.
• Monitor all revenue streams to make sure everything is accurately reported and accounted for.
• Oversee cost control measures to optimize profitability.
• Review for accuracy and approve payroll before payroll is processed by Troon
• Ensure financial sustainability through effective pricing models.
• Prepare and analyze monthly financial statements, including balance sheets, income statements, and cash flow reports.
• Develop and manage the Company's financial forecasts.
• Conduct variance analysis and provide financial insights to the General Manager and Board of Directors.
• Maintain general ledger integrity and perform monthly balance sheet account reconciliations.
Cash Management & Liquidity
• Manage cash flow and liquidity to ensure the Company's financial stability.
• Develop cash management strategies and investment policies.
• Monitor working capital and reserve funds.
• Manage accounts payable, accounts receivable, and payroll processes.
• Oversee revenue collection for any dues, event billings, and other income sources.
• Implement and monitor internal controls to safeguard Company assets.
• Ensure timely bank reconciliations and cash management practices.
Risk Management & Compliance
• Protect Company's Assets through strong Internal Control policies and procedures
• Ensure the Company complies with all financial regulations and tax obligations.
• Conduct internal audits and work with external auditors.
• Implement risk management policies and ensure proper insurance coverage.
Capital Management & Investments
• Oversee capital expenditure planning and funding.
• Manage capital improvement projects and related financing.
• Optimize the Company's investment portfolio for growth and security.
Technology & Systems Management
• Manage financial software systems.
• Ensure data integrity and cybersecurity within financial operations.
• Oversee the use of financial software systems.
• Ensure financial data security and proper system backups.
Team Leadership & Development
• As the Company expands, lead and develop a finance and accounting team.
• Foster a culture of financial accountability and transparency.
• Provide training on financial best practices across all departments.
• Once in place, supervise and train accounting staff, ensuring adherence to best practices.
• Work closely with department heads to ensure proper financial procedures across Company operations.
Governance & Ethics
• Uphold ethical financial practices and Company governance policies.
• Serve as a financial advisor for board committees (e.g., finance, audit).
• Ensure compliance with federal, state, and local tax laws.
• Prepare for and manage external audits and reviews.
• Maintain records for tax filings, including payroll taxes, sales taxes, and property taxes.
Education, Experience, Knowledge:
• Education: BA/BS in Accounting, Finance or Business Administration with emphasis in accounting.
• Minimum: 5 years of work-related experience in a hospitality environment
• Other Skills: Strong interpersonal and customer service skills; ability to multi-task, work under pressure; meet deadlines; detail oriented and strong organizational skills. Must be proficient in Microsoft Office and have a strong ability to resolve technical problems.
• The ability to train and develop employees.
• Verifiable references.
Physical Demands:
• Must be able to spend long periods of time sitting and lifting up to 50 pounds.
This job description is not a complete list of every duty expected to be performed by employees in this job classification but describes duties which are most commonly performed by individuals in this position. All employees of Shadow Wood Country Company, Inc. are expected to perform all other duties as assigned.
