What are the responsibilities and job description for the Senior Vice President of Finance position at Collared Martin Hospitality?
SENIOR VICE PRESIDENT OF FINANCE
ABOUT COLLARED MARTIN HOSPITALITY
Established in January 2025, Collared Martin Hospitality operates the Faraway brand, along with a collection of independent lifestyle & luxury boutique hotels, restaurants, and cocktail clubs. Currently, we operate across Blue Flag Capital's award-winning portfolio of more than $1 billion of hospitality real estate assets. We value the power of genuine, personal relationships, inspired by the Collared Martin’s symbolism of exploration, loyalty, and homecoming. Our commitment to infusing soul back into hospitality and creating a culture rooted in profound attention to detail and local authenticity ensures that every interaction is an opportunity to connect and inspire. We pride ourselves in making each property a destination that resonates with its setting, where the experience itself becomes the true souvenir.
POSITION SUMMARY
Reporting directly to the CEO, the Senior Vice President of Finance will be the leading member of the Finance and Accounting leadership team at Collared Martin Holdings, LLC. The primary responsibility of the SVP of Finance is to lead and enhance the company’s financial planning and accounting activities across all Blue Flag entities. This role will work closely with the CFO of Blue Flag Capital and their financial team to ensure alignment and collaboration on financial strategies. Strong financial acumen, attention to detail, and superior communication and organizational skills are critical for success in this role.
LOCATION: Boston, MA
PRIMARY RESPONSIBILITIES/ESSENTIAL FUNCTION
- Financial Systems Oversight and Improvement: Lead the enhancement of management and managed property accounting systems, financial systems, and APIs to ensure accuracy and efficiency in financial reporting. Evaluate and implement financial technology solutions to enhance reporting, analytics, and overall efficiency. Identify opportunities for improvements in reporting and forecasting processes while mitigating operational and compliance risks through established procedures.
- Reporting, Forecasting, and Financial Insights: Provide monthly reporting, budgets, forecasts, and daily and weekly dashboards for the management company and managed properties to support decision-making for the COO, department heads, and leadership. Drive timely closing and financial reporting processes to deliver accurate and actionable financial insights.
- Budget Development and Cash Flow Monitoring: Develop annual budgets, forecasts, and ad hoc financial analyses aligned with strategic, long-term financial goals for the management company and operated properties. Monitor and project cash flows to ensure financial stability and proactive management.
- Tax Compliance and Coordination with Auditors: Oversee the preparation of required tax and compliance-related filings, ensuring adherence to all tax and regulatory requirements. Collaborate with Blue Flag Capital to coordinate year-end fund audits with external auditors, ensuring transparency and accountability.
- Team Leadership and Management: Manage the finance team (onsite and offshore), fostering a high-performing culture aligned with the company’s service ethos. Inspire and mentor team members while providing tailored growth opportunities for employee development and retention.
- Policy Adherence and Process Efficiency: Ensure adherence to policies and internal controls, with a focus on improving the efficiency of financial processes across the organization.
- Fixed Asset Management: Oversee the management and reporting of fixed assets across all managed properties, ensuring accuracy in valuations.
- Crisis Management and Problem Solving: Proactively identify and resolve operational challenges with composure and creativity. Respond promptly and professionally to guest concerns or complaints, ensuring solutions align with luxury standards. Assess financial risks and develop strategies to mitigate them, including managing the organization’s insurance coverage to protect against potential liabilities.
- Compliance and Standards Development: Develop and implement property-specific policies and procedures to maintain operational consistency. Ensure compliance with health, safety, and legal regulations across all departments, working with local vendors to meet safety protocols and ensuring adherence to local codes and regulations.
- Stakeholder Communication: Communicate financial performance, strategies, and forecasts to stakeholders, including owners, investors, and board members, ensuring transparency and alignment with organizational goals.
- Strategic Financial Planning: Collaborate with senior leadership to develop and execute the overall financial strategy of the organization, ensuring alignment with business objectives and growth initiatives. Establish, monitor, and report on key performance indicators (KPIs) and financial metrics to assess the overall health of the business and drive financial performance.
- Capital Expenditure Management: Oversee capital budgeting processes and investment decisions, ensuring optimal allocation of resources to support growth and enhance property value.
- Treasury and Cash Management: Manage treasury functions, including cash management, banking relationships, and investment strategies to optimize liquidity and maximize returns.
QUALIFICATIONS
Educational Background:
- Undergraduate degree in Finance and Accounting.
- CPA, MBA, or hospitality focus is a plus.
Experience:
- Minimum of 7 years of experience in accounting, controlling, or financial management within hospitality management.
- General ledger experience is required.
- Strong knowledge of financial and forecasting systems.
Skills and Attributes:
- Numbers-driven, organized, and energetic problem solver with broad financial planning and accounting skills.
- Excellent communication skills with the ability to work effectively with individuals at all organizational levels.
- Attention to detail and a positive, can-do attitude are essential traits for this role.
COMPENSATION
Total compensation will include a competitive base salary, annual bonus potential, equity, and benefits, along with opportunities for career advancement.
Salary : $200,000 - $225,000