Senior Vice President, Accounting

CORDIA Resources is a locally owned, top-ranked Accounting, Consulting and Recruitment leader, led by prominent ex-CFOs, Accounting Firm Partners, and well-known Recruiting Veterans. Our proven Executive and Professional Permanent Search Team identifies, recruits and places top talent across the Washington, DC Region.

We have been retained by one of our Washington, DC-area clients to find their next SVP of Accounting & Finance. This client is a major local leader within the real estate/hotel operations space.

Senior Vice President, Accounting & Finance

The Senior Vice President of Accounting and Finance will oversee all hotel accounting, corporate accounting, treasury, and payroll functions for the company. In this unique position, this individual will lead project-based and long-term financial planning and analysis supporting investment strategy, management of owned assets, and portfolio growth planning. This position will provide skilled consultation and executive support to senior leadership, centralized accounting offices, property level accounting leaders, and operations leaders for over 130 hotels.

The role will influence the strategic direction of core business as well as evaluate alternative growth channels. This position is a member of senior leadership team and is expected to contribute across a broad range of business issues beyond accounting. This position is responsible for the overall direction, coordination, and evaluation of all accounting and payroll related matters.

Moreover, she/he will be accountable for all aspects of FP&A, including annual and long-term financial planning activities, cost optimization, resource allocation, operational reviews, analytical support, strategic financial modelling, and executive reporting to senior leaders and investors. This individual will, additionally, support investor reporting, partner closely with asset management and business partners.

The ideal candidate will have solid experience/exposure within both corporate and hotel accounting.

Role Scope/Breakdown:

• Lead, motivate, and inspire colleagues and other stakeholders and lead effective teamwork practices in supporting the accounting team
• Maintain excellent relations with ownership groups, corporate office, hotel staff, and outside firms and vendors
• Should be able to operate and thrive in an ever-changing environment to contribute to the success of the company
• Project a motivated vision to a diverse, productive team of Directors, Controllers, and staff
• Possess proven leadership and distinguished management skills
• Understand business management software, and must possess excellent leadership and task delegation skills, team building, and time management skills
• Must have excellent communication, analytical, quantitative, problem-solving, critical thinking, interpersonal and organizational skills
• A results-oriented, confident individual with the ability to meet tight deadlines is required
• Offer astute, clear-minded business sense about the company’s goals and strategies, and overall awareness of markets and innovations that will impact those areas
• Arrive as a strategic thinker who can demonstrate excellence in project planning

Professional/Personal Qualifications:

• Will lead and help operate payroll function
• Must be able to balance accounting knowledge with excellent and proven leadership skills in strategic planning regarding staff, process improvements, and system enhancements
• Responsible for the team’s completion of the monthly closing process to ensure reporting deadlines are met as required by the corporate office and third-party management agreements
• Coordinate all corporate and property year-end audits
• Assist CFO and President with short and long-term strategic planning
• Responsible for the treasury functions and cash forecasting
• Responsible for ensuring successful internal audit and SOX compliance
• Overall leadership and management of overall company accounting function, including corporate accounting, two centralized accounting offices, and decentralized Finance Directors
• Review analysis of accounting activities, costs, operations, and forecast data in relation to property and company goals
• Responsible for timely and accurate financial deliverables to senior management and to multiple third-party hotel ownership groups
• Provide leadership, motivation, and training to accounting group
• Responsible for the team’s timely completion of all reports required by regulatory agencies

Educational/Professional Qualifications/Skills:

• Either a CPA or MBA is highly preferred
• Experience leading and managing a high-performing team
• Demonstrated proficiency to objectively analyze and prioritize complex challenges
• Knowledge of Sarbanes-Oxley
• Bachelor’s Degree in Accounting or Finance required
• Experience with design or management of a SOC 1 environment
• Hotel operations, REIT, hospitality industry or related experience is required
• Proficiency in training, coaching, and counseling abilities
• Ability in building strong relationships with other disciplines throughout the company
• Proven ability to manage a larger staff both in-house and on property and regional level
• Excellent ERP/systems knowledge
• Knowledgeable with current hospitality accounting procedures and GAAP
• Well-rounded understanding of "people, process & technology" style of leadership
• Proficiency with Microsoft Office programs (and related) is required
• Ability to partner effectively with groups, managers, owners, and customers
• 15+ years of progressive experience in hotel/property accounting

Compensation & Culture:

• Attractive PTO, Health, Medical, Dental, Vision, solid 401k match
• Customer service value system - do right by partners, owners, management, peers etc.
• Highly competitive base and annual bonus compensation package
• Major leader in their space - growth and acquisition-minded company
• Supportive, diligent, collegial and development-minded company culture

Local (or minimal) relocation is available for the right candidate.

Cordia provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.