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discovery land
Kīhei, HI | Full Time
$226k-303k (estimate)
1 Month Ago
VP, Finance
discovery land Kīhei, HI
$226k-303k (estimate)
Full Time 1 Month Ago
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discovery land is Hiring a VP, Finance Near Kīhei, HI

Join the Discovery family, where quality and service are at the heart of everything we do!

Discovery Land Company is seeking a full-time, Vice President of Finance to join the finance department based out of the Makena Golf and Beach Club, located in Maui, Hawaii.

Job Summary:

The Regional VP of Finance will direct the financial affairs of the development and operations of the Discovery Clubs in the Hawaii region, currently Makena Golf & Beach Club, North Shore Preserve, and Ilima (Ward Village).

The VP of Finance will be responsible for the Clubs’ financial plans, its accounting practices, the conduct of its relationships with the equity partners, lending institutions and the financial community, the maintenance of its fiscal records, and the preparation of financial reports. In addition to financial reporting, they will work across all facets of the project to provide comprehensive strategic and tactical guidance and support to the development and project leadership team. This includes the support and collaborative work between the project leadership, along with managing communication and partnership with the investment board.

Overall position objective is providing the project with leadership and foresight that delivers the DLC standards while optimizing efficiency and financial return to DLC and our investors. The position involves supervision over general accounting, property accounting, internal auditing, cost accounting, and budgetary controls.


Duties & Responsibilities:

  • With the guidance from ownership, establishes major economic objectives and be responsible for the preparation of all financial reports that outline the Clubs’ financial position in the area of income, expense and earnings based on past, present and future operations and conditions.
  • Maintains the Clubs’ books and ensures that all company transactions and assets are properly recorded. Is familiar with the principles and applications of generally accepted accounting principles, the Internal Revenue Service and State taxation requirements, and assures recordation of all transactions in compliance thereof. Maintain the Project Business Plan and resulting cash flow models for timely and comprehensive short, medium, and long-term cash management to maximize Project cash flow and returns.
  • Direct the preparation of the capital budget and planning including leasing and other forms of financing, reserves, and replacements. Determines applicable depreciation and recovery rates to apply to capitalized assets and advises management on such matters.
  • Responsible for maintaining and keeping compliance on all licenses.
  • Overlooks finances of the HOA.
  • Directs and coordinates the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures (including all accounting software systems) and analyzes and reports variances.
  • Evaluates and recommends insurance coverage for protection against all potential liabilities (general business, specific and unordinary risk, employment) and property losses. Risk management and insurance functions.
  • Cash management and treasury functions – including cash flow projection and analysis, banking, debt and handling of cash and short-term assets.
  • Oversee the policies and procedures for effective club accounting and control systems including club IT systems.
  • Responsible for roll-up of club accounting budgets, forecasts, and actual results compared to budget monthly.


Skills & Qualifications:

  • Bachelor’s degree in finance, Accounting, or relevant subject. Masters preferred.
  • 10 years’ experience including financial leadership within a business or business unit with scale and complexity; ideally within a resort development or mixed-use resort hospitality operation.
  • Financial acumen in development or operations creating accretive shareholder value.
  • Experience with investor relations.
  • Demonstrated track record of making capital expenditures with sound decision making and delivering to plan.
  • First-hand experience in effectively dealing with external constituents including banks and investors.
  • Experience with the following finance and accounting practices are required: Revenue recognition and cost of sales analysis; Cash management and banking relationship management; Budgeting, Planning and Forecasting.
  • Thorough understanding of Generally Accepted Accounting Principles (GAAP).
  • Familiarity with the U.S. Tax Code, as it applies to real estate development.
  • Knowledge of Microsoft office products – Word, Excel, and Outlook
  • - is required, as well as other accounting platforms and ERP platforms desirable.
  • Demonstrated strong analytical skills.


Benefits

  • Competitive Pay
  • Medical, Dental, and Vision Benefits
  • 401k Contribution
  • Paid Time Off and Paid Holidays
  • Employee Meals, Referral Incentives, and Recognition Programs
  • Holiday Pay
  • Professional development and upward mobility opportunities
  • Work-Family Culture


About Us

Discovery Land Company is a US-based real estate developer and operator of private residential club, communities, and resorts with a world-renowned portfolio of domestic and international properties. The mission of Discovery Land Company is to create one-of-kind environments that provide individuals and families the freedom, security, and resources to learn, grow, and play in some of the most beautiful places in the world.We are extremely grateful to be recognized as one of the world’s top mid-sized employers for 2018 by Forbes magazine. For more information about our company – please visit http://www.discoverylandco.com

Nestled on Maui’s southern edge, Makena Golf & Beach Club is an island dreamscape spread across more than 1,800 acres that spans from turquoise sea to rolling mountaintops. Makena is a private, members-only community that honors Makena’s rich cultural heritage and takes to heart the responsibility to support its abundant nature and a sustainable future. Makena offers its members an 18-hole golf course designed by Robert Trent Jones, Jr.; a private beach club with resort pools and cabanas; a world-class spa and fitness center; a kids club, tennis and pickleball courts; multiple indoor and outdoor dining venues; and Discovery’s signature Outdoor Pursuits program. At Makena, our employees use their personal talent, passion, and resources to meaningfully integrate with diverse cultures and communities. All while providing the highest level of member and guest services and contributing to the creation of unforgettable experiences. For more information about our club, please visit: https://makenagolfandbeachclub.com/

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Job Summary

JOB TYPE

Full Time

SALARY

$226k-303k (estimate)

POST DATE

03/09/2024

EXPIRATION DATE

05/07/2024

WEBSITE

discoverylandco.com

HEADQUARTERS

SCOTTSDALE, AZ

SIZE

3,000 - 7,500

FOUNDED

1994

TYPE

Private

CEO

MICHAEL S MELDMAN

REVENUE

$200M - $500M

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