Fractional Chief Financial Officer
Frederick Fox
Job Description
About the Club
\nOur client is a prestigious, member-owned private golf club on Florida's Atlantic coast. Founded nearly a century ago, it is known for its historic clubhouse and classic championship golf course.
\nThe club is entering a period of significant reinvestment in its facilities, including a planned expansion of its clubhouse. It needs seasoned financial leadership to plan, fund and control that work while protecting the club's long-term financial health.
\n \nPosition Summary
\nThe club is seeking a part-time, contract Chief Financial Officer with deep capital projects experience. This leader will own the financial side of the club's capital program — from long-range capital planning and funding strategy through budget control, contractor payments and project close-out.
\n \nThe CFO will also provide senior oversight of the club's overall finances, working closely with the General Manager, the Treasurer and the Finance Committee. This is a hands-on advisory role for someone who has steered major construction and renovation projects in a private club, hospitality or real estate setting.
\n \nKey Responsibilities
\nFinancial Leadership
\n- \n
- Oversee the annual operating and capital budgets with the General Manager and Controller \n
- Review monthly financial statements, cash position and departmental performance \n
- Strengthen internal controls, purchasing and approval policies \n
- Coordinate the annual audit and tax filings with outside CPAs \n
- Advise on dues structure, initiation fees and long-range financial sustainability \n
Board and Committee Support
\n- \n
- Serve as the primary financial advisor to the Treasurer, Finance Committee and Board of Governors \n
- Prepare clear, member-ready financial presentations for capital decisions and annual meetings \n
- Attend Board, Finance and House or Building Committee meetings as needed \n
Capital Projects
\n- \n
- Build and maintain a multi-year capital plan covering the clubhouse, golf course, grounds and member amenities \n
- Develop project budgets, cash-flow forecasts and funding strategies, including capital reserves, member assessments, capital dues and debt financing \n
- Model the financial impact of major projects on dues, operating budgets and reserves, and present scenarios to the Board \n
- Partner with the owner's representative, architects and general contractors on cost estimates, bids, contracts and change orders \n
Qualifications
\nRequired
\n- \n
- 10+ years of progressive finance leadership, including CFO, VP Finance or Controller roles \n
- Direct financial ownership of at least one major capital project (new construction, renovation or expansion) from planning through close-out \n
- Experience with construction accounting: AIA pay applications, retainage, change orders, lien waivers and cost-to-complete reporting \n
- Track record structuring project funding through reserves, assessments or debt \n
- Strong board-facing communication and the ability to explain complex financials to non-financial members \n
- CPA or equivalent professional credential \n
Preferred
\n- \n
- Experience with private, member-owned clubs (golf, country, yacht or city clubs) \n
- Background in hospitality, resort or real estate development finance \n
- Familiarity with coastal or historic-property construction, permitting and insurance considerations \n
- Working knowledge of club accounting systems (e.g., Jonas, Northstar, Clubessential) and HFTP/USFRC reporting standards \n
- Experience with not-for-profit or tax-exempt club structures \n
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