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GSI Executive Search, Inc.               Position Profile                       June 2010

Controller

Midwest Country Club

Position reports to:  General Manager/COO

Our client is a historic, traditional full-service country club in the Midwest.  The club features an 18-hole golf course, tennis courts, swimming pool, and expansive clubhouse with both active a la carte dining and catering operations.  This member-owned country club currently has about 400 members in all categories and $5 million in gross revenues. 

The GM/COO is seeking a high energy, proactive accounting professional to join the management team.  Potential candidates will possess the appropriate combination of professional demeanor, leadership qualities, private club/hospitality industry experience, and excellent communications skills.  The successful candidate will work closely with the General Manager and will be responsible for all of the club’s financial, accounting, and human resources functions.  Knowledge of industry specific POS systems is also important.  Duties include but are not limited to:

      Financial Reporting;

§    The production of monthly financial statements in accordance with GAAP guidelines.

§    Timely reports to the General Manager and Board of Directors; verbal and written.

§    Balance sheet reconciliation.

§    Special reports as requested.

      Operational Control Compliance

§    Responsible for insuring the club’s operating entities; food and beverage departments, purchasing, payroll and revenue controls are in strict compliance with standard operating procedures.  As necessary, create and implement standard operating procedures to ensure compliance. 

      Forecasting/Budgeting/Cash Management

§    Production of the club’s annual operations and capital budgets and monthly forecasts as to:

ü      Profit and Loss analysis.

ü      Capital planning and cash forecasting.

ü      Cash Flow management.

      Internal Reporting

§    Responsible for the design, implementation and oversight of the club’s internal reports; daily revenues, payroll, interim monthly statements, and other reports as requested by the General Manager.

      Internal Controls/Safe Guarding of Assets

      Review the annual property tax bill and if necessary manage the process of requesting a reappraisal of the property.

      Financial Audits and Tax Return Preparation

§    Responsibility for ensuring the club’s full compliance for regulatory and tax compliance reporting and record keeping; payroll, accounts payable and federal, state and county taxes.

      Commercial Insurance

§    Responsible for spearheading the club’s “Risk Management” efforts to include the timely reporting of claims and to ensure adequate coverage to protect the club’s assets.

§    Responsible for policy renewals and changes in coverage as warranted.

      Contract Review and Drafting

      Projects Accounting; with the management team, the creation of project budgets and the careful monitoring of spending and financing through completion of each project.

      Oversight of the club’s accounting technology and POS system (JONAS) to include staff training programs.

Requirements for the position include:

      A minimum of five years prior experience as a Controller or Director of Finance in a club, hotel or similar environment.

      A career path marked with stability and a logical progression of title and scope of responsibility.

      A degree in Accounting and/or Finance or the equivalent is preferred.

      Verifiable and impeccable references.  Employment will be contingent on the successful completion of credit and other background checks.

The club will offer an attractive and competitive compensation package to include:

§    A base salary commensurate with prior experience.

§    A performance bonus.

§    Standard benefits to include individual medical/dental insurance and paid vacations.

§    Professional dues and education expenses.

§    Relocation assistance.

Interested professionals who meet or exceed the stated requirements are encouraged to contact and submit credentials to:

Scott McNett                                     Dick Farrell

GSI Executive Search, Inc.               GSI Executive Search, Inc.