Job Openings Head of Finance

About the job Head of Finance

Position Title: Head of Finance

Reports To: Partner, Partner Advisor

Primary Relationships: Partner Team

Date: July 2024

Schedule: 10:00 PM - 7:00 AM PH Time


Summary:

The Head of Finance is responsible for overseeing the accounting team, ensuring accurate and timely reporting of corporate financials. This role involves comprehensive financial analysis, reconciliation, and the implementation of efficient processes to meet regulatory requirements. They will play a crucial role in maintaining a professional working environment, fostering leadership, and contributing to the strategic financial planning of the company. This role requires collaboration with leadership teams, property teams, and coordination with external auditors, tax authorities, and lenders

Responsibilities:

  • Oversee the companys day-to-day finance, accounting, and administrative functions

  • Ensure the completion of processes required for month-end, quarterly, and year-end closeouts including bank reconciliations, journal entries, and financial statement reviews

  • Present monthly, quarterly, and annual financial reports to leadership team

  • Generate monthly financial statements and month-end close

  • Creating cash flow reports and keeping the CEO updated on changes

  • Prepare and review journal entries weekly

  • Manage and perform the accounts receivable and payable functions including inter-company billing

  • Create and manage the forecasting and budgeting processes to ensure all entities are properly funded

  • Identify, analyze, and report out on any positive or negative trends within the financials to keep the company ahead of any potential issues.

  • Maintain day-to-day oversight of corporate compliance plan and develop and implement policies and procedures for the accounting, finance, and operations departments.

  • Prepare monthly P&L and cash flow forecasts with analysis of actual performance relative to budget

  • Serve as audit liaison for annual audits

  • Review property tax returns

  • Review expense activities including AP and Employee expenses

  • Treasury management

  • Vendor management, including verifying vendor credentials and new vendor onboarding.

  • Work with external CPA, providing documentation and reports for loans and special projects

  • Lead the evaluation and implementation of core accounting processes and internal control procedures to enhance efficiency and accuracy. Develop, maintain, and communicate all financial policies and procedures necessary for compliance with Generally Accepted Accounting Principles (GAAP), USALI, State and Federal regulations, and industry-specific standards

  • Oversee the companys Accountant/Bookkeeper, providing management and leadership

  • Work as otherwise directed


Qualifications:

  • Bachelors degree in Accounting, Finance or related field (CPA/MBA is preferred)

  • Masters degree in Accounting required

  • Minimum of 10 years professional accounting experience

  • Experience with multi-entity accounting or multi-unit franchise experience preferred.

  • Experience in financial planning, budgeting, and forecasting for multi-entity operations

  • Proficient in Microsoft Office Suite or related software

  • Proficient in QuickBooks Online

  • Strong Excel skills for financial analysis, modeling, and reporting

  • Ability to use accounting software to prepare financial and payroll reports

  • Strong analytical and problem-solving skills, with the ability to interpret financial data and provide strategic insights

  • Excellent verbal and written communication skills, including the ability to present complex financial information in a clear and concise manner

  • Excellent organizational skills with strong attention to detail and accuracy.

  • Ability to multitask and prioritize tasks

  • Excellent problem-solving skills