VP of Finance

State

San Diego, CA

Specialism

Consolidations, Controller, Hotels/Leisure/Restaurants, Reconciliations

A rapidly growing property investment firm based in San Diego is seeking a VP of Finance on a direct hire basis. The VP of Finance will oversee the day-to-day accounting operations for three portfolios consisting of hotels, restaurants, and commercial real estate.

Responsibilities:

  • Oversee the preparation of financial statements, including income statements, balance sheets, and cash flow statements for hotel, real estate, and restaurant operations.
  • Manage month-end and year-end close processes, ensuring accurate and timely financial reporting.
  • Prepare and review monthly and quarterly financial reports, ensuring alignment with company goals and financial standards.
  • Process and reconcile general ledger entries, including revenue recognition, expenses, accruals, and amortization.
  • Reconcile general ledger accounts and address any discrepancies promptly.
  • Oversee accounts payable and accounts receivable functions, ensuring timely processing and payment of invoices.
  • Review and approve invoices related to hotel, real estate, and restaurant expenses.
  • Manage daily cash balances, ensuring effective cash flow management across all business units.
  • Reconcile bank accounts and ensure accurate recording of all cash transactions.
  • Develop and maintain internal controls to safeguard company assets and ensure accurate financial reporting.
  • Ensure compliance with accounting standards (GAAP) and applicable tax regulations.
  • Assist with internal and external audits, providing requested documentation and support.
  • Manage property-specific accounting for real estate holdings, including rent, leasing, and property management.
  • Oversee restaurant-specific accounting, including tracking food and beverage costs, labor costs, and other variable expenses.
  • Oversee accounting software usage (e.g., Yardi, QuickBooks, Sage), ensuring effective functionality across divisions.
  • Ensure proper integration of accounting systems for streamlined financial reporting.
  • Manage tax filings, including sales tax, property tax, and income tax returns, ensuring accuracy and timeliness.
  • Supervise and mentor the accounting team, ensuring adherence to policies and providing ongoing training and development.

Qualifications:

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Minimum of 7+ years of accounting experience.
  • Must have hotel and real estate industry, investment, or asset management experience.
  • Strong knowledge of GAAP accounting principles.
  • Experience with specific accounting practices (e.g., property management, revenue recognition, cost of goods sold, and food & beverage accounting) is preferred.
  • Proficiency in accounting software (will train) and Microsoft Excel.
  • Strong attention to detail and organizational skills.
  • Excellent communication skills with the ability to interact with senior management, auditors, and vendors.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Hoxton Circle is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

 

The Jobs update

Stay updated with the latest career opportunities. Sign up to receive job alerts tailored to your expertise, delivered straight to your inbox.

Industry news

Get insights into trends shaping the finance sector in New York and beyond. From market updates to hiring practices, stay ahead in your career with our curated news.

Send us your resume

Send us your vacancy

Register Now