Director of Finance

Position Profile: Director of FinancePosition reports to: Chief Operating OfficerPosition Description Summary: The Director of Finance will be responsible for overseeing all financial operations of the Grasslands Club, ensuring the club's financial health and stability. This role requires a strategic leader with a strong understanding of private club operations, GAAP, and financial best practices. The Director of Finance will manage budgeting, forecasting, financial reporting, and compliance, while also providing financial insights and recommendations to support the club's objectives.Duties

and Responsibilities: SUMMARYAdministering all financial activities of the Club; implementing and monitoring effective controls and procedures and maintaining accurate records analyzing and summarizing general ledger accounts.

Demonstrates a high degree of administrative ability, especially in terms of problem solving and decision making. Consistently uses reasonable judgment in all aspects of the job, including the handling of challenging situations, coaching staff effectively, and assisting employees with setting priorities.SPECIFIC RESPONSIBILITIESFinancial Planning & Analysis:
Develop and manage annual budgets, forecasts, and long-range financial plans. Conduct variance analysis and provide actionable insights to department heads and the General Manager.

Financial Reporting:
Prepare accurate and timely monthly, quarterly, and annual financial statements in accordance with GAAP. Present financial results and key performance indicators to the General Manager and Board of Directors.

Cash Management:
Oversee all cash flow activities, including accounts payable, accounts receivable, and payroll. Manage banking relationships and ensure optimal cash utilization.

Internal Controls & Compliance:
Establish and maintain robust internal controls to safeguard club assets. Ensure compliance with all federal, state, and local financial regulations and tax requirements.

Payroll & Benefits:
Supervise payroll processing and ensure accurate and timely payment of employee wages and benefits.

Audit Management:
Coordinate and manage external audits, ensuring all necessary documentation is provided and findings are addressed.

Capital Expenditures:
Assist in the evaluation and financial justification of capital expenditure projects.

Membership & Dues:
Work closely with the membership department on billing, collections, and analysis of membership revenue.

Team Leadership:
Lead, mentor, and develop a high-performing finance team.

Strategic Support:
Provide financial insights and recommendations to support strategic decision-making by the General Manager and Board.Financial Strategy & LeadershipDevelop and implement the club's financial strategy.

Provide strategic recommendations to the club's board and executive team.

Align financial management with the club's long-term goals and mission.

Overseeing the preparation of the Clubs annual budgets and long-term financial forecasts.

Conduct financial analysis to support decision-making.

Identify financial trends, risks, and opportunities.

Present financial reports and insights to the board and committees.

Collaborate with department heads for cross-functional financial alignment.

Communicate financial health and strategies to key stakeholders.

Collaborate with the General Manager and Board of Directors on financial strategy and long-term financial planning.

Provide financial insights for capital projects, renovations, and major expenditures.

Assist in membership pricing models and fee structures.

Prepare reports for the Finance Committee and Board meetings. Monitor key performance indicators (KPIs) and recommend operational improvements.Accounting & ReportingOversee the preparation of accurate and timely financial statements.

Ensure compliance with Generally Accepted Accounting Principles (GAAP).Oversee the implementation of effective financial controls and reporting systems.

Monitor membership dues, initiation fees, and other revenue streams.

Oversee cost control measures to optimize profitability.

Ensure financial sustainability through effective pricing models.

Prepare and analyze monthly financial statements, including balance sheets, income statements, and cash flow reports.

Develop and manage the club's financial forecasts.

Conduct variance analysis and provide financial insights to the General Manager and Club ownership.

Maintain general ledger integrity and oversee account reconciliation processes.Cash Management & LiquidityManage cash flow and liquidity to ensure the clubs financial stability.

Develop cash management strategies and investment policies.

Monitor working capital and reserve funds.

Manage accounts payable, accounts receivable, and payroll processes.

Oversee revenue collection, including membership dues, event billing, and other income sources.

Implement and monitor internal controls to safeguard club assets.

Ensure timely bank reconciliations and cash management practices.Risk Management & ComplianceProtect…