Accounting Leadership & Oversight
• Lead and oversee the accounting function across ELIA Group’s hospitality operating companies, real estate entities, and corporate entities. • Establish clear responsibilities, workflows, deadlines, and accountability throughout the accounting department. • Oversee the delegation and execution of day-to-day accounting activities while maintaining ultimate responsibility for the accuracy and completeness of the Company’s accounting records. • Establish, maintain, and enforce accounting policies, procedures, and internal controls consistent with GAAP and sound accounting practices. • Identify accounting and reporting risks and proactively implement processes and controls to address them. • Oversee general ledger, AP/AR, payroll accounting, revenue recognition, cost accounting, and fixed assets.
Financial Close & Reporting • Own and oversee the monthly, quarterly, and annual financial close processes across all hospitality and real estate entities. • Establish and enforce a disciplined monthly close calendar, including deadlines for reconciliations, accruals, financial statement preparation, review, and final reporting. • Review and/or prepare entity-level and consolidated financial statements, including balance sheets, income statements, cash flow statements, and supporting schedules. • Ensure all balance sheet accounts are appropriately reconciled and reviewed and that outstanding reconciling items are timely investigated and resolved. • Review journal entries, accruals, allocations, reserves, and other significant accounting adjustments. • Oversee consolidation of financial results, including intercompany transactions, allocations, and eliminations. • Ensure financial statements accurately reflect the underlying operations of the business and are prepared consistently across entities and reporting periods. • Develop and maintain standardized monthly financial reporting packages for executive leadership.
Multi-Entity Accounting & Financial Management • Oversee accounting for a complex organizational structure consisting of multiple operating businesses, real estate entities, holding companies, and related entities. • Ensure appropriate accounting for intercompany transactions, management fees, shared expenses, distributions, contributions, loans, and other related-party activity. • Maintain consistency in chart of accounts, accounting policies, reporting methodologies, and financial presentation across entities. • Oversee cash management and monitor cash positions, working capital requirements, and significant upcoming obligations across the organization. • Support accounting integration for acquisitions, dispositions, new business concepts, new locations, and newly formed entities.
Hospitality Accounting • Provide senior-level oversight of accounting for restaurants, bars, entertainment venues, and other hospitality operations. • Oversee location-level P&Ls and ensure accurate reporting of revenue, labor, cost of goods sold, operating expenses, and other key performance metrics. • Oversee food and beverage inventory accounting, inventory reconciliations, and cost controls. • Monitor accounting processes associated with POS, payroll, inventory, AP, and other hospitality systems. • Partner with operations leadership to investigate material variances and provide meaningful financial insight into venue performance.
Real Estate Accounting • Oversee accounting and financial reporting for the company’s real estate portfolio and related ownership entities. • Review property-level income statements, balance sheets, cash activity, capital expenditures, and other financial reporting. • Ensure appropriate accounting for leases, tenant activity, debt, interest, capital improvements, acquisitions, dispositions, and other real estate transactions. • Coordinate with ownership, lenders, property managers, tax professionals, and other parties regarding financial reporting requirements.
Accounting Systems, Infrastructure & Controls • Evaluate, develop, and continuously improve scalable accounting processes, systems, reporting tools, and workflows. • Ensure effective integration and reconciliation between accounting systems and the Company’s POS, payroll, inventory, banking, and other operational systems. • Identify opportunities to automate manual processes and improve the efficiency and reliability of financial reporting. • Maintain appropriate user access, approval authority, segregation of duties, and financial controls. • Develop dashboards, reporting packages, and analytical tools that provide executive leadership with clear and actionable financial information.
Budgeting, Forecasting & Financial Analysis • Lead or oversee the preparation of annual budgets and periodic forecasts in collaboration with executive leadership and operational teams. • Compare actual financial results to budget, forecast, and prior periods and identify significant trends and variances. • Provide executive leadership with timely analysis regarding business performance, cash flow, operating results, and financial risks. • Support capital allocation, financing, acquisition, development, and other strategic business decisions through financial analysis. • Assist leadership in developing financial models and evaluating new opportunities and initiatives.
External Reporting & Financial Partners • Coordinate annual financial statement, tax, and other external reporting processes. • Ensure required financial information and supporting documentation is complete, accurate, organized, and delivered timely. • Support lender reporting, covenant compliance, and other financial reporting obligations as applicable.
Team Leadership & Development • Recruit, train, mentor, and develop a high-performing accounting team. • Provide direct leadership, coaching, and professional development to the Junior Controller. • Establish measurable performance expectations and hold team members accountable for accuracy, responsiveness, and deadlines. • Develop appropriate cross-training and documentation to reduce key-person dependency and ensure continuity within the department.