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Senior Vice President of Corporate Finance
Senior Vice President of Corporate FinanceCrescent Hotels & Resorts • Fairfax, VA, United States
Senior Vice President of Corporate Finance

Senior Vice President of Corporate Finance

Crescent Hotels & Resorts • Fairfax, VA, United States
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Description At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do!

We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright.

We Are Committed To Providing You With

  • Excellent total compensation package
  • Operational incentive plan eligibility
  • An exceptional benefit plan for eligible associates & your family members
  • 401K matching program for eligible associates
  • Discounts with our Crescent managed properties in North America for you & your family members

The Senior Vice President of Corporate Finance will be directly responsible for the management, accountability, and administration of the Vice Presidents of Corporate Accounting and Information Technology, and the Directors of Corporate Purchasing and Risk Management. Along with adherence, support, and oversight of the principles and practices of Crescent Hotels & Resorts, as well as follow the direction of the Chief Financial Officer (CFO).

Responsibilities

  • Review and approve the accurate and timely financial statements and supporting financial information including the monthly management fees calculation and file distribution to include; U.S. CHR properties rebill, payroll processing and miscellaneous invoices allocations for rebills, tele-communications accounts, bank account payroll analysis allocation for rebills, post prepaid expenses, end-of-month bank reconciliations for CHR Operating, Insurance, and Canadian accounts, processing commission invoices for eight recipients, based on management fee collections, allocation of expenses to corresponding properties for rebills, and maintain active / disposed properties filings.
  • Review and approve End-Of-Month journal entries and general ledger account reconciliations along with research / reconciliation balance sheet accounts, maintaining / updating balance sheet Excel file management, review and posting all batches / journals entered by CHR accounting staff.
  • Review and approve the analyzed monthly / bi-monthly / quarterly / annual financial statements and management reports accurately and in a timely manner.
  • Review and approve the recorded and maintained fixed asset purchases and applicable depreciation and amortization schedules.
  • Review and approve the recorded and maintained monthly lease schedules and preparation of lease payments, to include utilities as seen appropriate and as directed.
  • Review and approve variance analysis to budget and forecast.
  • Review and approve oversight of compilation for annual and periodic budget information.
  • Review and approve employee expense report processing.
  • Approve and direct the review / administration meeting Tax Compliance including, Annual Corporate Tax Filings and Monthly Sales Tax Filings, including benefits of 401K and Non-Qualified Deferred Compensation funding plans.
  • Review and approve monthly Good and Service Tax entries.
  • Review and approve all corporate banking transactions.
  • Review and approve monthly cash flow analysis.
  • Review and approve daily routines and month end procedures.
  • Review and approve the accounting for inventory, accounts receivable and payables.
  • Review and approve response to various queries and requests from external / internal auditors.
  • Retain accountability for accounts payable, receivable and payroll.
  • Ensure GAAP are being adhered to appropriately.
  • Required to understand, guide and implement effective internal controls to meet Sarbanes Oxley requirements.
  • Filing of ‘Ohio BWC’ bi-monthly workers compensation and submittal payments.
  • Annually calculate, track, and bill incentive fees and calculate SESAC licensing fees for portfolio.
  • Review and approve all balance sheet and year end statements.
  • Prepare Corporate Budget.
  • Oversight of Project Management Accounting.
  • Oversight of Corporate Payroll Department.

    • Requirements

  • A minimum of 15 years of related progressive experience in Accounting, Finance, Purchasing, Information Technology, Operations, and Program Management or related field.
  • Must be effective in handling problems in the workplace, including anticipating, preventing, identifying and solving problems as necessary.
  • Must have the ability to assemble complex information, data, etc., from disparate sources and consider, adjust or modify to meet the constraints of the particular need.
  • Must be able to prioritize departmental functions in order to meet due dates and deadlines.

    • Leadership Qualities

  • Influencer — Improve the sourcing and procurement performance of the business
  • Leader — Forceful yet diplomatic; ability to gain the trust of other parties; demonstrated leadership; appropriately assertive and direct; collaborative and supportive of both corporate and management.
  • Problem Solver — Analysis and problem solving skills. Create solutions by thinking outside the normal routine; ability to evaluate all sides of an issue and develop creative solutions to difficult problems.
  • Strong Communicator — Articulating information clearly and succinctly in a variety of communication settings and styles; comfortable in informal meetings as well as more formal presentation.
  • Work Athlete — Strong Work Ethic, honest and straight forward; maintains the highest personal and professional ethics; willing to stand for and do what is right.
  • Exceptional Judgement — business judgement, and common sense; a history of solid suggestions and decision; sought out by others for advice and counsel.

    • The compensation offered to a successful candidate will be dependent on several factors that may include but are not limited to years of experience within the job, years of experience within the required industry, education, work location, etc. Crescent Hotels is a multi-state employer and the salary ranges indicated herein may not reflect positions that work only in other states. The Company offers the following benefits for this position, subject to applicable eligibility requirements : medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, long-term disability insurance, short-term disability insurance, paid vacation time off, paid sick time off, paid holidays annually.

    Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

    This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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    Vice President Of Finance • Fairfax, VA, United States

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