Director of Finance POST NUMBER: 431239

• Strong and flexible corporate culture
• Excellent compensation package

• Oversee the development of the annual operating and capital budgets with input from Senior Leadership, Department Managers, and the General Manager.
• Maximize Club cash flow through effective inventory, credit, collection, and cash management.
• Manage Club contracts, such as vendor leases and service agreements, ensuring compliance and value.
• Oversee Accounts Payable as well as Accounts Receivable.
• Overseeing Month End Reporting, Payroll and General Ledger Entries.

• Implement financial control procedures and maintain records for audits, ensuring regulatory and contractual compliance.
• Conduct regular inventory verification for Club resources, including food, beverages, equipment, and supplies.
• Maintain insurance records and oversee the development of tax and compliance strategies.

• Provide strategic insights through financial analysis, market assessments, and industry trend evaluation.
• Advise the General Manager and Board on key initiatives, including capital projects, membership growth strategies, and cost optimization.
• Conduct scenario planning and financial modeling to proactively identify and address risks and opportunities.

• Establish and oversee a comprehensive risk management framework encompassing financial, operational, and investment risks.
• Manage insurance strategies, compliance programs, and internal audits to protect the Club’s assets and reputation.
• Ensure compliance with tax strategies, regulatory requirements, and financial legislation.

• Partner with the General Manager and Board to evaluate and oversee capital investments and improvement projects.
• Lead the development of investment strategies that balance risk and return while aligning with the Club’s long-term financial objectives.
• Negotiate with financial institutions, investors, and stakeholders to secure favorable financing terms.

• Direct and mentor the finance team, including the Accounting Manager/AP/AR/Technology, promoting professional growth and high performance.
• Foster a culture of collaboration, strategic thinking, and financial discipline across departments.
• Build cross-functional partnerships to ensure alignment between financial goals and Club operations.

• Oversee the preparation and presentation of high-level financial reports to the Board, ensuring transparency and strategic alignment.
• Serve as the finance department’s representative to the Board, communicating performance, opportunities, and challenges.
• Develop and implement policies for financial governance, supporting accountability and long-term stability.

• Prepare monthly financial statements, trial balances, and supporting schedules, ensuring comprehensive financial documentation.
• Provide regular reports and insights to the General Manager, Board, and committees to facilitate data-driven decision-making.
• Complete special assignments and additional duties as requested by the General Manager.

• MBA or CPA preferred
• Minimum 10 years of strategic financial management experience (experience related to the duties and responsibilities specified), ideally in the hospitality or private club sector.
• Solid understanding of GAAP or private club NPO Accounting
• Proven experience in financial planning, risk management, and capital project oversight.
• Proficiency with financial software, advanced Excel skills, and financial modeling tools.
• Experience with Jonas an asset.

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
• Virginia residents may access our state specific policies here.
• Residents of all other states may access our policies here.
• Canadian residents may access our policies in English here and in French here.
• Residents of countries governed by GDPR may access our policies here.

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.