The Club

Boca Grove is a prestigious, members-only golf and country club located in the heart of Boca Raton, Florida. A boutique-style residential community that is home to 443 member families, Boca Grove is a recreational oasis and is recognized as one of South Florida's most affluent and desirable communities. Understated elegance in an intimate setting is the key to what makes Boca Grove the epitome of superior living. We have a full spectrum of members, ranging from families to retirees. You will find a dynamic sense of community among our members, who share a common passion for exquisite living and the highest quality services. Members enjoy a nationally recognized racquets program, a fitness complex, and an array of casual and fine dining options, and of course, our Jim Fazio-designed 18-hole, championship golf course.

The Position

The CFO, reporting to the GM/COO, has clear “ownership” for day-to-day financial operations of The Club, while working closely with the leadership team on the achievement and maintenance of The Vision of the Club. Specific emphasis on creating and consistently enhancing an extraordinary lifestyle experience for the Members and their guests is primary to this role. A successful Chief Financial Officer at Boca Grove will develop policies to control and coordinate accounting, auditing, budgets, taxes and related activities and records. Develop, establish, and administer procedures and systems pertaining to financial matters. Prepare financial statements, forecasts, and analyses for all administrative and managerial functions. Oversee maintenance of all accounting records. Develop, analyze, and interpret statistical and accounting information. Evaluate operating results in terms of costs, revenues, budgets, policies of operation, trends, and increased profit possibilities. Supervise the staffing, scheduling, training, and professional development of department members.

The CFO will report directly to our GM/COO. They will manage a team including a Controller, Accounts Payable/ Payroll Clerk, Accounts Receivable and Human Resources.

The Responsibilities: not limited to

Directs financial operations of the club.
Formulates, receives, and recommends policy proposals for approval relating to accounting andauditing, the budget, revenue and cost control procedures, preparation and payment ofpayrolls, tax matters, compilation of statistics and office methods and procedures.
Directs or prepares the monthly trial balance and resulting financial statements for the club,including the income statement, balance sheet and statement of changes in financial condition,along with required supporting schedules and other data necessary for financial reports andrecords.
Manages and conducts internal auditing programs to help assure that records are accurately maintained and that established policies and practices are satisfactorily and consistently followed.
Prepares operating budgets and financial forecasts in coordination with the various committees, departments, and general manager; analyzes financial information, monitors budgeted versus actual expenditures and advises management about variances and their potential causes; recommends corrective actions to help assure that budget goals are met.
Works with the club’s external auditors to assure that procedures are consistent with clubpolicies.
Prepares and verifies reports made to agencies and trade and professional organizations forwhich dissemination is consistent with club policies.
Directs, participates in, and verifies the taking of inventories for beverages, food, supplies,equipment, furnishings, and other club assets.
Verifies that all insurance records for club property are properly maintained.
Reconciles monthly ledgers including receivables, payables, bank accounts, asset accounts andwage accounts.
Informs and advises other department heads about the financial aspects of their responsibilities.
Prepares or supervises preparation of applicable federal, state, and local tax returns.
Prepares accounting reports as necessary and appropriate for dissemination to the board ofdirectors, executive committee, and other club committees.
Monitors to assure that procedures for effective receiving and storeroom control are in placeand consistently used.
Selects, trains, supervises, schedules, and evaluates accounting staff.
Negotiates and maintains contracts for maintenance of computers and office equipment.
Attends monthly board, finance committee and other meetings as required.
Oversees member billing and collection procedures.
Compiles, approves, and maintains credit applications for vendors.
Assists Human Resources and the General Manager with negotiations and decision making for

employee benefits including health and life insurance, pension plans and workers’ compensation.

Maintains fixed asset ledgers and prepares depreciation schedules for monthly entries.
Manages assigned projects as they relate to the department and club’s needs.
Audits members and guests’ charges; checks cash sheets to assure that all receipts for member’saccounts have been posted.
Audits all cash and charge expenditures.
Safeguards all funds in bank accounts; assures that revenues are properly and correctlydeposited and supervises the drawing of all checks.
Establishes and maintains tournament accounting records and financial statements.
Maintains investment program; invests all excess funds on a timely basis to provide better cashflow.
Monitors collection of past due accounts, advises general manager and board when difficultsituations may arise.
Plans professional development and training activities for staff.
Interacts with the club’s external accounting (CPA) firm, as necessary.
Monitors accounts receivable and takes appropriate steps according to established club policiesand procedures.
Prepares a full report of the year’s financial operations for presentation at the annual meeting.
Works with the general manager and department heads to plan and manage capital budgetsand cash flow statements.
Manages, reviews, suggests, and monitors changes in the automated financial management andaccounting system.
Reconciles bank statements.
Maintains necessary procedures for confidentiality relating to club and employee issues.
Negotiates and acquires property and casualty insurance to protect the club’s assets.

The Credentials

Bachelor’s degree in Finance, Accounting, Business Administration, or similar field.
5- 7 years’ experience managing a Finance/ Accounting department.
Knowledgeable in “best accounting practices” in top performing organization.
Experience working with a POA.
Experience with Jonas ENCORE, preferred.
Proven and verifiable leadership qualities with demonstrated ability to help direct, coordinate and control all financial facets of a unique residential community club with over 130 full-time staff members and an operating budget of $15M.
Excellent financial skills, with the ability to quickly assimilate numbers and reports. Knowledgeable regarding typical club financial issues of funding, cash flow, project analysis, and so forth. Is aware of critical benchmarking and financial metrics that lead to proactive response to trending curves.

Resume Submission Interested candidates should email a cover letter and resume to cribeiro@bocagrove.org.

Boca Grove

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Chief Financial Officer, Country Club