WineTalent is working with our client, Long Meadow Ranch, to find a Vice President of Finance for the award winning restaurant Farmstead at Long Meadow Ranch and the company's hospitality destinations.
Long Meadow Ranch is a family-owned agricultural enterprise producing grapes and wine, olives and olive oil, grass-fed beef and lamb, fruits, vegetables, and eggs in the Napa Valley, Anderson Valley and Marin County. The Long Meadow Ranch operations also include an acclaimed farm-to-table restaurant, a general store and wine tasting bar in the historic Logan-Ives House, an outdoor cafe, a farmer's market, a working garden and a variety of unique event spaces all located at Farmstead at Long Meadow Ranch.
The Vice President of Finance is a key participant in all major business decisions regarding the LMR (the Company) portfolio of entities engaged in multi-faceted hospitality, shared services and farming activities. Hospitality operations encompass multiple outlets which include restaurant, hotel, private events, café and retail activities. Shared Services include shared finance, marketing, facility, IT and HR activities for multiple related entities. Farming operations include organic fruit and vegetable, poultry, beef and lamb activities which produce product for internal culinary and retail operations.
Reporting to the Executive Vice President & COO, the Vice President of Finance serves in a core leadership role and is responsible for driving both long-term strategic planning & business structure and hands-on execution of financial planning, reporting & accounting, managerial reporting & analysis, partnerships & contracts.
Strategic Planning & Business Structure
- Develop the multi-year business plan
- Identify short-term and long-term financing requirements
- Establish and oversee construction budgets
- Develop pro forma post-construction start-up and operational budgets
- Identify and install required managerial operating systems
Financial Planning, Reporting & Accounting
- Direct all accounting, budgeting, forecasting, finance, and cash management functions of the Company
- Establish and implement next generation financial accounting systems, controls, and measurement systems to assure fiscal integrity as well as accurate and timely financial and management reporting
- Formalize and document accounting and finance standard operating processes (SOPs) to ensure accurate and timely data synthesis
- Manage the annual budget and strategic business planning processes, working closely with the President & CEO, Executive Vice President & COO, and key operating managers
- Manage accounting firm for assigned business units; oversee and direct all income tax-related activities
- Assure compliance with state, federal, and general accounting and regulatory guidelines
- Manage all sales, use, property and other tax reporting
- Maintain solid banking relationships
- Direct ongoing analysis of Company’s capital requirements to ensure appropriate capitalization and availability of funds
- Manage entity reporting for Company investors including K1
- Maintain all Company financing and capitalization documents, including details related to stock ownership rights, limited partnership interests, warrants and options
Managerial Reporting & Analysis
- Develop and deliver timely, accurate, and effective analysis and reporting of financial and operational performance to the key operating managers, EVP & COO, President & CEO
- Track and measure performance relative to budgets, schedules, milestones, and performance targets, providing timely feedback to the key operating managers, EVP & COO, and President & CEO
- Develop and manage budget, periodic financial forecasts, short and long term financial projections, Company cash positions, current risks and probabilities
- Prepare timely financial report packages for review by the key operating managers, EVP & COO, and President & CEO
- Ensure compliance and accurate reporting with regard to all regulatory matters
- Perform operationally focused financial analysis and intelligence gathering to support strategic and business development initiatives
- Provide guidance and advice on proposed capital expenditures
- Recommend opportunities for profit improvement, productivity enhancement and cost reduction
Team Management & Development
- Maintain organizational structure of shared services finance and accounting team and refine or make changes where required to achieve strategy and goals
- Contribute and continue to drive a culture of collaboration
- Provide training and opportunities for growth as needed for direct reports
- Become a go-to resource by continuing to develop and foster a strong team which is sought out and respected by the entire organization for the quality of information and insight provided
- Encourage innovative approaches to employee communications and continuous improvement, recognition, and celebration in order to attract, reward and retain the highest quality staff
Partnerships, Contracts & Compliance
- Assist the President & CEO, EVP & COO, and key operating managers in financial analysis and negotiation of partnerships, licensing and contracts
- Manage preparation, negotiation, review, and acceptance of all contractual documents
- Advise management of contractual rights and obligations and provide interpretation of terms and conditions
- Ensure the Company is compliant with all federal, state and local regulations and that internal agreements as well as client contracts and SLA’s are properly documented and followed
Shared Services
- Manage expenses, allocations, and financial reporting and analysis of all shared services, including Human Resources, Marketing, IT, and General Admin
- Manage preparation, negotiation, review, and acceptance of all insurance policies; oversee claims
- Consistently review and improve respective policies and procedures to ensure compliance with regulatory environment
- Emphasize cross-departmental collaboration to ensure efficient and effective communication and support provided company wide
Education, Experience and Requirements
- Bachelor’s degree in Finance, Accounting or Business
- Certified Public Accountants preferred
- Distinctive finance and accounting experience of 5 years or more within restaurant and/or hospitality organizations
- Proven understanding of finance and accounting issues related to restaurant and hotel businesses highly desirable
- Experience with NetSuite desirable
- Experience with DOMO and KPI analytics dashboard tools desirable
- Extensive experience with Quickbooks required
- Prior experience implementing new accounting software systems and/or ERP required
- Able to work in a team environment as well as operate independently
- Able to lift 40+ lbs.
- Valid driver’s license and maintain a safe driving record
- A pre-employment background check is required
Compensation and Benefits
- This is a full-time salaried position
- Competitive compensation depending on experience plus benefits including medical/dental insurance, paid vacation and 401(k)
All Inquiries will be kept strictly confidential
WineTalent: The Right People for the Job
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