Director of Accounting - Boca
9 years ago
Boca Raton
Job DescriptionDirector of Accounting Location: Orlando, FL Employment Type: Full-Time Position Summary Our client is seeking an experienced Director of Accounting to provide strategic leadership and hands-on oversight of the accounting function across a growing portfolio of owned and managed hospitality assets. Reporting directly to the Chief Financial Officer, this individual will lead a team of Accounting Managers, Controllers, and accounting professionals while ensuring accurate financial reporting, strong internal controls, and compliance across a multi-entity organization. This role serves as a key business partner to executive leadership and operations, driving scalable accounting processes, financial insights, and operational excellence to support continued growth. Key ResponsibilitiesLeadership & Team Development • Lead, mentor, and develop a high-performing accounting team across corporate and property-level operations, including Accounting Managers and Controllers, • Design scalable organizational structures, staffing plans, and succession strategies to support business growth, • Establish performance expectations, accountability, and professional development plans, • Continuously evaluate team structure, workloads, and responsibilities to improve efficiency and optimize resources, • Assess current and future staffing needs to support acquisitions, new locations, and organizational growth, • Build a strong talent pipeline through recruiting, internal development, and cross-training, • Foster a culture of accountability, continuous improvement, and collaboration, • Champion ongoing training in accounting standards, hospitality accounting, and financial systems, • Partner with executive leadership and Human Resources on organizational planning, compensation strategy, and long-term succession planningFinancial Reporting & Close, • Oversee the preparation of timely and accurate consolidated financial statements in accordance with GAAP, • Direct the month-end, quarter-end, and year-end close process across multiple entities, • Coordinate annual audits and ensure compliance with federal, state, local, lender, and ownership reporting requirementsGeneral Accounting Oversight, • Oversee the General Ledger, Accounts Payable, Accounts Receivable, Payroll, Fixed Assets, and Cash Management functions, • Ensure accurate intercompany accounting, reconciliations, and consolidations, • Develop, implement, and continuously improve accounting policies, procedures, and internal controlsMulti-Entity & Property Accounting, • Oversee accounting and financial reporting across multiple business entities and managed operations, • Ensure accurate calculation and reporting of management fees, shared services, and intercompany transactions, • Serve as the primary accounting contact for ownership groups, investors, joint venture partners, and external stakeholders, • Support financial reviews, audits, and reporting requestsHospitality & Operational Finance, • Ensure accurate accounting for hospitality-related revenue streams, including lodging, food & beverage, events, and ancillary operations, • Monitor key financial performance metrics, including profitability, operating margins, labor costs, and departmental performance, • Partner with operational leadership to improve financial performance and reportingSystems & Process Improvement, • Oversee accounting systems, ERP platforms, property management systems, payroll, and financial reporting tools, • Ensure data integrity, standardized reporting, and a consistent chart of accounts across all entities, • Lead automation initiatives and process improvements that improve efficiency and strengthen financial controlsStrategic Finance, • Provide financial analysis and recommendations that support executive decision-making, • Partner with leadership on annual budgets, forecasts, long-range planning, and financial modeling, • Support strategic initiatives including acquisitions, new property openings, business transitions, and operational expansionTreasury, Risk & Compliance, • Oversee cash flow forecasting, working capital management, banking relationships, and merchant services, • Identify financial and operational risks and implement effective mitigation strategies, • Maintain strong governance practices, segregation of duties, and internal control compliance, • Ensure timely resolution of audit findings and regulatory requirementsQualificationsEducation, • Bachelor's degree in Accounting, Finance, or a related field required, • CPA strongly preferredExperience, • 10+ years of progressive accounting experience, • 5+ years of senior accounting leadership experience, • Proven success leading accounting teams within multi-entity or multi-location organizations, • Hospitality, hotel, resort, restaurant, or property management experience strongly preferredSkills & CompetenciesTechnical Skills, • Expert knowledge of GAAP, financial reporting, and internal controls, • Strong ERP experience (NetSuite or similar enterprise accounting systems preferred), • Familiarity with hospitality accounting principles, including USALI, is a plus, • Experience with property management, point-of-sale, and payroll systems preferred, • Strong expertise in consolidated financial reporting, intercompany accounting, and the month-end close processLeadership & Strategy, • Demonstrated success building, mentoring, and leading high-performing accounting teams, • Strategic thinker with strong financial and operational business acumen, • Proven ability to lead organizational change, improve processes, and drive operational efficiencies, • Excellent analytical, organizational, and problem-solving skillsCommunication & Collaboration, • Exceptional communication skills with the ability to present financial information to executives and non-financial stakeholders, • Strong partnership skills with operations, executive leadership, ownership groups, and external business partners, • High standards for accuracy, integrity, accountability, and financial governance