What are the responsibilities and job description for the Chief Financial Officer position at Cobalt Recruitment?
A pivotal CFO opportunity has emerged within a rapidly expanding, multi-brand hotel chain. Overseeing a diversified portfolio of 150 properties, this executive will serve as a key strategic partner to the CEO and senior leadership team. The CFO will lead a high-performing finance organization, driving operational excellence across accounting, financial operations, treasury, and expense management to support the company’s continued growth.
Key Responsibilities
- Oversee all accounting operations, including month-end close, financial reporting, and compliance across a multi-unit hotel portfolio.
- Lead all centralized financial operations to ensure accuracy, efficiency, and strong vendor relationships.
- Direct treasury operations, including liquidity management, banking relationships, cash forecasting, and capital allocation.
- Implement robust expense management frameworks and cost-control strategies to improve profitability across 150 hotels.
- Partner closely with Operations, Development, and HR to drive financial performance, budget management, and strategic planning.
- Lead internal controls, policy development, and risk management initiatives to safeguard company assets and ensure audit readiness.
- Optimize financial systems, strengthen reporting capabilities, and drive standardization across all properties.
- Provide actionable insights through KPI development, variance analysis, and financial modeling to support executive decision-making.
- Mentor, develop, and elevate a large team of finance professionals, fostering accountability, collaboration, and continuous improvement.
Key Requirements
- Bachelor’s or Master’s degree in Accounting, Finance, or Business; CPA or MBA strongly preferred.
- 15 years of progressive finance and accounting experience, including executive leadership within hospitality, retail, restaurants, or other multi-unit operational environments.
- Proven expertise in accounting, AP operations, treasury management, and expense control.
- Demonstrated success managing distributed financial operations across large portfolios or multi-site businesses.
- Strong system optimization experience (ERP, reporting tools) and a track record of process improvement.
- Exceptional communication, leadership presence, and the ability to influence cross-functional stakeholders.
- High integrity, sound judgment, and a strategic mindset with a hands-on approach.
Salary : $300,000 - $350,000