CFO/Controller

Job Description

Job Description

Hotels

CFO

Position Summary

The CFO is a key member of the leadership team responsible for leading the accounting and financial management functions for a growing hotel ownership, development, and management company. This individual will oversee all corporate and property-level accounting operations, financial reporting, budgeting, internal controls, payroll oversight, and compliance while serving as a strategic business partner to executive leadership and ownership.

Salary Range: $150k-175k + Bonus + Full benefits + Relocation + 401k

The ideal candidate combines strong technical accounting expertise with hospitality industry knowledge, operational insight, and a continuous improvement mindset.

Key Responsibilities:

Financial Accounting & Reporting

• Lead all corporate and property-level accounting functions.
• Own the monthly, quarterly, and annual financial close process.
• Prepare and review accurate and timely financial statements for all entities.
• Perform and oversee monthly and year-end bank account and balance sheet reconciliations.
• Ensure integrity of the general ledger, chart of accounts, journal entries, fixed assets, prepaid expenses, accruals, and intercompany transactions.
• Coordinate year-end financial reporting and support external accountants during tax preparation and annual reviews.

Internal Controls & Accounting Governance

• Develop, implement, and maintain strong accounting policies, internal controls, and Standard Operating Procedures (SOPs).
• Ensure compliance with GAAP, the Uniform System of Accounts for the Lodging Industry (USALI), company policies, and lender requirements.
• Establish consistent accounting practices across all hotels and corporate entities.
• Monitor financial risk and recommend process improvements to strengthen internal controls.

Property Accounting & Operational Oversight

• Oversee all property-level accounting activities and provide financial guidance to hotel General Managers, transforming GMs into experts about ‘the business of hotels.’
• Conduct periodic property visits to review accounting procedures, cash controls, bank audits, revenue reporting, payroll practices, status of hotel’s AR and compliance with company standards.
• Ensure accurate accounting within hotel Property Management Systems (PMS) and related financial systems.
• Partner with Operations to improve financial performance and operational efficiency.

Budgeting, Forecasting & Financial Analysis

• Lead the annual operating and capital budgeting process.
• Prepare monthly financial forecasts and cash flow projections.
• Analyze operating results, labor productivity, departmental expenses, and key hotel performance metrics.
• Provide variance analysis comparing actual results to budget, forecast, prior year, and prior month.
• Develop recommendations to improve profitability, cash flow, and return on investment.

Payroll, Cash Management & Compliance

• Oversee payroll processing and related accounting activities.
• Monitor company cash flow, banking relationships, and working capital.
• Oversee sales, use, occupancy, and other required tax filings.
• Coordinate lender reporting, annual audits, insurance audits, and regulatory compliance requirements.

Systems, Technology & Process Improvement

• Oversee financial systems including accounting software, payroll systems, banking platforms, and hotel Property Management Systems.
• Ensure proper integration between operational and financial systems.
• Identify opportunities to automate processes, improve reporting, and increase efficiency.
• Support implementation of financial technology and standardized reporting across the portfolio.

Development, Capital Projects & Growth

• Support accounting and financial reporting for new hotel developments, acquisitions, renovations, and capital projects.
• Assist with due diligence for acquisitions and dispositions.
• Develop accounting processes and reporting for newly opened or acquired hotels.
• Maintain capital expenditure reporting and fixed asset records.

Leadership. Team and Company Development

• Supervise and mentor accounting personnel, including the Accounting Specialist.
• Establish performance expectations and foster professional development.
• Partner with property leadership to strengthen financial knowledge and accountability. Our objective here is to have each hotel become a highly functioning team.
• Promote a culture of accuracy, integrity, collaboration, and continuous improvement throughout the organization.

Qualifications:

Education

• Bachelor's degree in Accounting, Finance, or related field required.
• CPA designation a bonus.

Experience

• Minimum of 5–10 years of progressive accounting or finance leadership experience.
• Multi-property hospitality accounting experience strongly preferred.
• Experience with budgeting, forecasting, payroll oversight, internal controls, and multi-entity accounting.
• Experience supporting hotel development, acquisitions, or capital projects is a plus.

Knowledge & Skills

• Thorough knowledge of GAAP and USALI.
• Strong understanding of hotel financial operations and property accounting.
• Advanced Microsoft Excel and financial reporting skills.
• Experience with hotel accounting systems, Property Management Systems (PMS), and payroll platforms.
• Excellent analytical, organizational, and problem-solving abilities.
• Strong written and verbal communication skills with the ability to present financial information to ownership and partners.

Leadership Competencies

• Financial Stewardship
• Strategic Thinking
• Operational Partnership
• Process Improvement
• Accountability
• Integrity
• Leadership & Team Development
• Business Acumen
• Change Management

Success Measures

• Timely and accurate monthly financial reporting.
• Accurate bank and balance sheet reconciliations.
• Strong internal controls and documented accounting procedures.
• Budget and forecast accuracy.
• Effective cash flow management.
• Payroll and tax compliance.
• Successful support of hotel operations and executive leadership.
• Continuous improvement of accounting systems and processes.
• Development of a scalable accounting platform that supports the Company's continued growth.

If you are interested in this exciting opportunity, please send your resume to Kevin Buck at View email address on ziprecruiter.com for immediate consideration.