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.

 

Compensation: $150,000-$175,000