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Chief Financial Officer (CFO)

Grosse Pointe Yacht Club Grosse Pointe Shores Michigan

About the Club

Grosse Pointe Yacht Club (GPYC) a premier and nationally recognized private yacht club located on the shores of Lake St. Clair in Grosse Pointe Shores Michigan is seeking a hands-on detail-oriented Chief Financial Officer (CFO) to join its executive leadership team.

The Club is renowned for its rich history outstanding member experience and commitment to excellence in hospitality and service. The ideal candidate will bring proven leadership in financial operations within a private club hospitality or luxury service environment. This role requires both strategic vision and operational execution with an emphasis on long-term planning operational efficiencies and team development.

For more information on the Club please visit and explore.

Position Overview

The Chief Financial Officer at Grosse Pointe Yacht Club is responsible for the efficient operation and integrity of all financial systems and controls across the Club. This position oversees accounting finance human resources and insurance administration while supporting the Clubs strategic and operational goals. The position also plays a unique role in managing the GPYC Foundation Activity. The GPYC Foundation is a 501(c)3 setup to preserve the Clubhouse since it is a registered historic building.

The CFO reports directly to the General Manager / COO and serves as a trusted advisor and member of the Clubs executive leadership teamproviding financial insight counsel and leadership to ensure the Clubs fiscal health and continued success.

Essential Duties and Responsibilities

Maintain all accounting records including the trial balance and general ledger; prepare journal entries and monthly reconciliations (bank prepaids deposits and accruals).

Prepare and deliver accurate and timely monthly financial statements including income statement balance sheet and cash flow reports.

Ensure quality control over all financial transactions and reporting; analyze budget-to-actual performance and recommend corrective actions as needed.

Develop implement and monitor financial policies procedures and internal controls consistent with GAAP and private club best practices.

Partner with the General Manager and department heads to plan and manage capital budgets cash flow projections and major financial initiatives.

Supervise the accounting and HR teams ensuring accuracy compliance and professional growth.

Collaborate and Manage the Clubs external IT vendor ensuring the Club is receiving quality and timely service.

Coordinate the annual budgeting process with the Finance Committee and Club management team.

Lead preparation for annual audits and coordinate with external auditors (currently UHY Advisors) to ensure full compliance with accounting standards.

Oversee member billing collections and credit management.

Manage local state and federal government reporting requirements including tax filings.

Ensure compliance with all licenses and regulatory requirements (sales tax liquor music etc.).

Oversee the administration of employee benefits programs including health dental vision life and workers compensation plans; provide recommendations for plan improvements.

Oversee all HR administrative functions including payroll onboarding benefits

enrollment and recordkeeping.

Serve as plan administrator for the Clubs 401(k) plan and coordinate with investment advisors.

Maintain strong relationships with the Clubs financial institutions insurers and key vendors.

Conduct special projects financial analysis and forecasting as requested by the General Manager.

Supervisory Responsibilities

Lead train and mentor accounting and HR staff to ensure accuracy accountability and professional development. Oversee external IT vendor.

Oversee staff scheduling workflow and evaluations within the finance and HR departments.

Ensure that all team members adhere to established policies and procedures.

Support and educate the executive team and department heads on financial practices and reporting standards.

Collaborate with HR / Payroll Manager on transitions including employee file maintenance payroll updates and insurance administration.

Job Requirements

Bachelors degree in Accounting Finance or related field required; CPA preferred.

Minimum of 57 years of progressive experience in financial management ideally within a private club hospitality or luxury service organization.

Strong analytical organizational and communication skills.

Proficiency in Microsoft Office Suite with advanced Excel capabilities.

Experience with Jonas Club Software preferred but not required.

Demonstrated leadership skills and ability to collaborate effectively across departments.

High integrity discretion and professionalism.

Compensation and Benefits

Compensation is open and commensurate with qualifications and experience. Grosse Pointe Yacht Club offers a competitive compensation and benefits package including health / dental / vision insurance 401k with Club match and generous professional development supportsuch as participation in HFTP CMAA and other relevant industry education programs and conferences. A performance-based bonus opportunity is also included.

Application Process

Interested candidates should submit their résumé and cover letter in confidence to :

Aaron Wagner

General Manager / COO

Grosse Pointe Yacht Club

Required Experience :

Chief

Key Skills

General Management,Access Control,Interior,Administration Support,Client Services,Computing

Employment Type : Full-Time

Experience : years

Vacancy : 1

Yearly Salary Salary : 5 - 7