Tag: Finance

Executive Search: Financial Manager for Punta Brava Golf & Surf Club

Date:

Financial Manager
Punta Brava Golf & Surf Club

Apply Now

About Punta Brava Golf and Surf Club

Punta Brava Golf and Surf Club is an exclusive club for a select group of individuals and families who have been nominated based on their high character, great reputation, fun, personalities, and call to adventure. Uniquely untethered from real estate obligations, our passion project has been developed with extraordinary care and dedication, over 20 years creating an uncompromising experience. In short, we are building the greatest golf course in the world. We are committed to fostering a culture of excellence, adventure, and lifelong memories for generations. The golf course and Club are under construction and are scheduled to open in 2025.

Punta Brava’s Core Values

  • Simple idea, big impact
  • High character
  • Team Oriented
  • Call to adventure

Position Summary

As a Senior Accountant / Financial Manager at Punta Brava, you will play a critical role in overseeing the financial activities of the club operations, including real estate development, construction, property management, and corporate accounting. This position requires a strategic thinker with a keen eye for detail, capable of managing complex financial tasks while ensuring the accuracy and timeliness of financial reporting in accordance with GAAP.

Key Responsibilities

  • Oversee financial operations of club activities, real estate development, construction, property management, and corporate accounting.
  • Ensure timely and accurate financial reporting for all entities, adhering strictly to GAAP standards.
  • Review and approve monthly operating reports for both external clients and internal investments.
  • Manage project job costing, capitalization relating to real estate developments, and treasury operations including cash flow forecasting.
  • Oversee accounts payable and receivables, annual budgeting for the corporate management entity, and review of property operating budgets.
  • Conduct project profitability reporting and interpretation.
  • Communicate and coordinate with division managers, partners, and investors regarding accounting matters.
  • Review legal agreements from an accounting perspective and oversee the operating and capital draw process.
  • Monitor loan covenant compliance and coordinate the preparation of annual income tax financial reporting requirements, ensuring timely and accurate tax return completions.
  • Establish and maintain accounting systems to standardize and streamline workflow.
  • Work on accounting-related special projects with department executives.
  • Ensure that effective internal controls and procedures are in place, compliant with GAAP and relevant regulatory laws.
  • Coordinate and prepare for the annual CPA audit.
  • Oversee all accounting direct reports, both in-office and remote, and manage the accounting department.

Qualifications

  • Must be fluent in English and Spanish.
  • A minimum of 7 years of relevant experience in real estate and/or hospitality operations accounting.
  • Bachelor’s Degree in Accounting or Finance, or an MBA.
  • CPA Certification is required.
  • Strong understanding of GAAP and experience with financial reporting and analysis.
  • Proven ability in treasury management, budgeting, and financial forecasting.
  • Excellent communication skills, with the ability to interact effectively with all levels of management, staff, external clients, and partners.
  • Demonstrated leadership skills and experience managing an accounting team.
  • Proficiency in Microsoft Office applications and familiarity with standard accounting software.

This role offers the opportunity to be part of a dynamic team at Punta Brava, contributing to the financial health and success of an exclusive luxury club and real estate development. If you are a dedicated accounting professional with a passion for excellence and a desire to play a key role in a growing organization, we invite you to apply.

Pay Range: $120,000 – $150,000

APPLICATION

IMPORTANT: Interested candidates should complete an application, including a resume along with a detailed cover letter which addresses the qualifications and describes your alignment/experience with the prescribed position by May 1st, 2024.

The documents must be saved as a PDF (save as “Last Name, First Name, Punta Brava).

Apply Now

Lead Search Consultants: 

 

Michael Gregory
Managing Partner
GGA Partners™
michael.gregory@ggapartners.com

 

 

Dee Anna Clarke
Director
GGA Partners™
deeanna.clarke@ggapartners.com

 

 

 

 

Executive Search: Finance Manager for Devil’s Glen Country Club

Date:

 

Finance Manager
Devil’s Glen Country Club

About The Club

Devil’s Glen Country Club is a private ski club in Duntroon, Ontario, just 20 minutes from Collingwood, situated on nearly 600 acres of countryside along the Niagara Escarpment. Since its establishment in 1965, the Glen has been a place rooted in family and community; attributes which extend to our dedicated team.

Apply Now

The Position 

Title:                 Finance Manager

Reporting to:     General Manager

Position:            Full Time

As a member of the Senior Leadership Team this role is responsible for overseeing all financial aspects of the Club including assessment of financial performance, ensuring financial due diligence and effective controllership, and maintaining constant awareness of the Club’s financial position. This role will ensure the Finance team runs in a smooth and efficient way while keeping financials up to date and making changes to the current systems where necessary. This role will support the General Manager, Board of Directors and Finance Committee with strategic planning of projects, implementation and budget control.

The Finance Manager will be responsible for the timely production of detailed and accurate monthly management and analysis before presenting it to the General Manager, Finance Committee and Board of Directors.

This role will have a minimum of two direct reports.

DUTIES AND RESPONSIBILITIES

  • Builds and maintains relationships with Club management, staff and the membership.
  • Leads and mentors the Finance team.
  • Manages and maintains the Club’s financial records and accounting systems ensuring appropriate records retention.
  • Develops and maintains appropriate accounting procedures consistent with all aspects of bookkeeping and accounting principles and practices.
  • Coordinates the preparation of the annual budgets working closely with the management team.
  • Prepares monthly financial statements and analysis for internal stakeholders.
  • Maintains cashflow projections and monitors all bank accounts, investments, and loans on a regular basis.
  • Prepares schedules for year end audit and coordinates audit with external auditor.
  • Monitors internal purchasing and related controls.
  • Manages all accounts payable and accounts receivable, reconciles bank accounts, and other general banking operations.
  • Reviews all government remittances and possible grant submissions.
  • Manages payroll administration to ensure payroll is reviewed and authorized and ensures payroll remittances and deductions, pension and benefit contributions are submitted along with annual T4s and ROE as required.
  • Prepares and submit regular tax remittance and returns, such as WSIB, HST, etc.
  • Oversees daily POS activity.
  • Manages and implements JONAS and Ski Anywhere software enhancements.
  • Ensures all statutory, compliance and non-for-profit requirements are understood, implemented and followed.

QUALIFICATIONS

  • Minimum of five (5) years of management experience in financial management preferably in a private member club setting.
  • University degree in accounting, finance, business or related discipline equivalent combination of work experience and related professional certifications.
  • Professional designation (CPA)
  • Understanding of the not-for-profit or membership club sector desirable.
  • Thorough knowledge of and proficiency in all aspects of bookkeeping and accounting principles and practices, up to and including preparation of financial statements.
  • Experience working with JONAS accounting software would be an asset.
  • Strong analytical and problem-solving skills.
  • High degree of accuracy and attention to detail with strong time-management skills.
  • Ability to work collaboratively across all levels of the organization.
  • Demonstrated exceptional customer service skills.
  • Flexible, adaptable and able to execute a range of job duties and changing priorities.
  • Excellent verbal and written communication skills.
  • Possess professional maturity and impeccable integrity.

HOURS OF WORK

  • June, July and August: Monday to Thursday with Fridays off.
  • Shoulder season: Monday to Friday.
  • Ski Season (typically mid-December to early April): Wednesday to Sunday with Monday and Tuesday off.

COMPENSATION

The Club will offer an attractive compensation package, commensurate with experience, which will include a competitive base salary and benefits, including:

  • Dental, Vision, and Extended health care
  • Long-Term Disability & Life insurance
  • Pension Plan
  • On-site parking
  • Casual dress
  • Ski privileges and programming discount
  • Employee food & beverage program
  • Discount at on-site ski shop and free equipment rentals

Devil’s Glen welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process. During the hiring process, job applicants who are selected for an interview will be informed that accommodation will be provided.

APPLICATION

IMPORTANT: Interested candidates should complete an application, including a resume along with a detailed cover letter which addresses the qualifications and describes your alignment/experience with the prescribed position by April 15, 2024.

The documents must be saved as a PDF (save as “Last Name, First Name, Devil’s Glen).

Apply Now

Lead Search Consultants: 

Michael Gregory
Managing Partner
GGA Partners™
michael.gregory@ggapartners.com

Dee Anna Clarke
Director
GGA Partners™
deeanna.clarke@ggapartners.com

 

For more information on Devil’s Glen Country Club, please visit: Home – Devil’s Glen Country Club – Glen Huron, ON (devilsglen.com)

 

 

Executive Search: Director of Finance for The Boulevard Club

Date:

Director of Finance
The Boulevard Club

About The Club

The Boulevard Club is a vibrant, lakeside community carved out of the peaceful shores of Lake Ontario. As the only lakefront, multi-sport recreation and social club in Downtown/West Toronto, The Boulevard Club delivers an unmatched member experience that’s rich in history and tradition yet focused on the future. From spectacular views and year-round activities to family-friendly services and an easy-access marina, it simply does not get more relaxed or waterfront. 

 For over a century, The Boulevard Club has built a reputation around time honored traditions, exemplary service, and unrivalled athletics programs for all ages and abilities, including tennis, badminton, water sports, fitness, swimming, basketball, pickleball, and more.  

 The Club takes pride in creating an exceptional Member experience thanks to an equally diverse and inclusive team. Team members are vital to the success of the Club and the Club continues to value and develop their exceptional staff. If you would like to work and learn from a team of professionals and build your career at one of Toronto’s top private clubs, The Boulevard Club may be a good fit. 

Mission 

Our Club exists as a meeting place for our members to be active and social in a welcoming environment. We enjoy exceptional experiences through the Club’s innovative programming, facilities, and service. 

 Vision 

An unrivaled social and sporting oasis on the waterfront.  

 Core Values 

  • Welcome and include everyone with warm hospitality.  
  • Listen to and recognize diverse points of view.  
  • Treat others with the utmost respect.  
  • Support continuous improvement and long-term financial viability.  
  • Commit to being an environmentally sustainable Club. 

 

The Position 

Reporting to the General Manager, The Boulevard Club is recruiting a Director of Finance who will direct the financial operations of the Club to ensure the security of Club assets. The DOF will serve as primary contact for all Club financial – and accounting-related matters with the Finance Committee, external auditors, and regulatory agencies. The candidate will ensure legal compliance, and efficient operation with the prime focus on Members’ experience and maintain and update policies to control and coordinate accounting, auditing, budgets, taxes, and related activities and records. 

Director of Finance Responsibilities 

  • The Director of Finance is a critical link between fiscal management and the Club’s strategic direction, ensuring that financial decisions align with the long-term vision and goals of the Club.  
  • Use financial analysis, data trends and market information to anticipate needs, identify operating/financial issues, and recommend actions to maximize the financial stability of the Club. 
  • Create the annual operating and capital budgets for the Club in coordination with various Club committees, departments, and the General Manager, and provide analytical support during budget reviews to identify cost-saving and productivity opportunities for department heads. 
  • Maximize cash flow performance of the Club through controls on inventory, credit and collection, disbursements, deposits, and remittances.  
  • Evaluate potential investments and capital allocation decisions in accordance with the strategic priorities, seeking opportunities that contribute to long-term growth and profitability of the Club. 
  • Identify and assess financial risks that may affect the execution of the strategic plan. Develop strategies to mitigate these risks and ensure the organization’s financial stability.  
  • Develop and track financial performance metrics and key performance indicators (KPIs) that relate to the achievement of strategic objectives. 
  • Develop and implement financial control procedures and systems; maintain records for internal audits; ensure compliance with government regulations and contractual agreements.  
  • Direct and verify the taking of various inventories at the Club i.e., beverages, food supplies, equipment, and furnishings. 
  • Prepares the accounting reports as necessary and as requested by the General Manager, the Board of Directors and other Club management or committees. 
  • Manage Club contracts (example: vendor leases and/or service contracts).  
  • Monthly trial balances and result financial statements for the Club, along with required supporting schedules and other data necessary for financial reports and records. 
  • Maintain Club insurance records.  
  • Provide mentoring, coaching, and regular feedback to help manage conflict, and improve and recognize team member performance mediating conflict, actively identifying and correcting breaches in house rules, assisting with questions, and managing emergencies.  
  • Performs special assignments and completes reasonable tasks or duties as assigned by the General Manager. 

Reporting Structure 

Reports to the General Manager. 

 Direct Reports  

Accounts Payable, Members Accounts Administrator, Purchasing, and Payroll. 

 Position Qualifications 

  • CPA- CA preferred 
  • Bachelor’s degree or higher in Finance or Accounting 
  • Experience in the Private Club and Not-for-Profit Industry preferred. 
  • Solid understanding of GAAP and Not-for-Profit Accounting 
  • At least 5 years of senior level or management experience related to the duties and responsibilities specified.
  • Proficient in Canadian financial laws, tax regulations, and compliance requirements.   

Compensation 

The Club will offer an attractive compensation package, commensurate with experience, which will include a competitive base salary and benefits including: 

  • Education & Professional Development Assistance 
  • Extensive medical and dental benefits for Employees and their families  
  • Employee Health & Wellness Program  
  • Meal Plan  
  • Bonus 
  • Bike Share TO  
  • Night Transportation Assistance  
  • Complimentary Parking (subject to availability) 

Inquiries:

MPORTANT: Interested candidates should submit resumes along with a detailed cover letter which addresses the qualifications and describes your alignment/experience with the prescribed position by Friday, January 5, 2024.

Those documents must be saved and emailed in Word or PDF format (save as “Last Name, First Name, Boulevard Resume” and ‘Last Name, First Name, Boulevard Cover Letter”) respectively to: execsearch@ggapartners.com 

Lead Search Consultants: 

Liz McDowell
Director
GGA Partners™
liz.mcdowell@ggapartners.com

Dee Anna Clarke
Director
GGA Partners™
deeanna.clarke@ggapartners.com

 

For more information on The Boulevard Club please visit: https://boulevardclub.clubhouseonline-e3.com/Home.aspx 

 

 

Executive Search: Director of Finance for The Badminton & Racquet Club of Toronto

Date:

Director of Finance
The Badminton and Racquet Club of Toronto

About The Club

The Badminton and Racquet Club of Toronto is a preeminent private athletic and social club in midtown Toronto known for its personal touch, lasting friendships, multi-generational families, and loyal members and staff. The B&R is the ideal place for anyone with a passion for racquet sports, wanting to learn a new activity, staying forever young, or simply wanting to be part of a vibrant social scene.

Mission:

Renowned for our welcoming community and camaraderie, the B&R is a home away from home where members of all ages enjoy, and are enriched by racquet, fitness, wellness, and social experiences.

Vision

Your B&R – Your Way

 

The Position:

The Badminton and Racquet Club of Toronto is recruiting for a Director of Finance who must not only possess a broad knowledge of all accounting, financial, and business principles, leadership, analytical, and strategic thinking skills, but must also be able to fit into an organizational culture that promotes openness, mentoring, teamwork, innovation, tradition, creativity, stability, and financial results.

Candidate Profile:

The Director of Finance will work closely with the Senior Management Group and Finance, Audit, Property and Planning Committee and will oversee all financial aspects of the business while driving the organization’s financial strategy and planning. The Director will also be responsible for assessing the financial performance of the Club, possible risks, and investments while ensuring legal and regulatory compliance for all Club accounting and financial reporting functions; The ideal candidate must be familiar the relevant tax laws, payroll, reporting requirements, and generally accepted accounting principles affecting the Club.

The Director of Finance will be directly responsible for the establishment and recommendation of financial policies, procedures, controls, investments, and reporting systems, and the supervision and management of general accounting, accounts payable, accounts receivable, and payroll, and such personnel. In addition, this role has oversight responsibility for the Club’s IT systems and, its expenses, as well as the independent  contractors with whom the Club engages.

The Director of Finance reports to the Chief Operating Officer.  Given the leading role this individual will play in achieving the business objectives of the club, it is essential that the successful candidate possess the following requirements:

Leadership / Managerial Experience

  • Excellent managerial and leadership skills.
  • Ability to respond appropriately and find solutions in high pressure situations with a calm and steady demeanor.
  • Ability to lead committees and present to a group in a professional and polished manner.
  • Excellent teamwork and team building skills.
  • Ability to build and maintain lasting relationships with other departments, members, boards and committees, key business partners, and government agencies.

Communication Skills

  • Ability to show a well-defined sense of diplomacy, including solid negotiation, conflict resolution, and people management skills.
  • Outstanding oral and written communication skills.
  • Strong work ethic and positive team attitude.
  • Strong presentation skills in a group setting.

Computer Skills

  • Proficient in the use of MS Office, POS, and financial management software systems, especially advanced functions withing Excel. Northstar system proficiency an asset.
  • Good understanding of IT infrastructure management.

Educational Experience

  • BS/BA in accounting, finance, or relevant field; MS/MA is an asset.
  • CPA or other relevant qualification an asset.

Experience

  • 10 years of progressively responsible experience in finance with at least 3 years of experience in management and as a Director of Finance or similar role.
  • Experience in the private club or service industry an asset.
  • In-depth knowledge of relevant and current corporate finance and accounting principles, laws, and best practices.
  • Extensive experience and knowledge in dealing with accounting systems, budgets, internal controls, business planning and asset management.
  • Extensive experience in creating and managing budgets for medium to large organizations.
  • Strong knowledge of financial analysis and forecasting.
  • Sound analytical thinking, planning, prioritization, and execution skills.
  • Mathematical reasoning.

Core Competencies

  • Diplomatic, Analytical, Strategic Planner, High Attention to Detail, High Levels of Integrity and Confidentiality, Member Focused, Decisive, Problem Solver, Results Focused, Organized, Excellent Time Management Skills.

Note:

The position will be available in Early 2024.

Compensation:

The Club will offer an attractive compensation package, commensurate with experience, which will include a competitive base salary and benefits including:

  • 100% Health and Dental Benefit Coverage
  • LTD and Life
  • RRSPs
  • MBO Bonus
  • Parking

Inquiries:

IMPORTANT: Interested candidates should submit resumes along with a detailed cover letter which addresses the qualifications and describes your alignment/experience with the prescribed position by Sunday, December 31, 2023.

Those documents must be saved and emailed in Word or PDF format (save as “Last Name, First Name, TheBandR Resume” and ‘Last Name, First Name, TheBandR Cover Letter”) respectively to: execsearch@ggapartners.com

We thank all applicants for their interest but will only contact those selected for an interview.

Lead Search Consultants: 

Michael Gregory
Managing Director & Partner
GGA Partners™
Michael.gregory@ggapartners.com

 

Dee Anna Clarke
Director
GGA Partners™
deeanna.clarke@ggapartners.com

For more information on The Badminton and Racquet Club of Toronto, visit https://www.thebandr.com/

 

 

Executive Search: Chief Financial Officer for The Minikahda Club

Date:

                                                                           

    Chief Financial Officer
The Minikahda Club
    Minneapolis, MN

The Club

Located minutes from downtown Minneapolis, MN, The Minikahda Club is much more than a collection of amenities. The Club experience is focused on providing superior social and recreational experiences based on the values of family, fellowship, integrity, respect, and inclusiveness.

Founded in 1898, The Minikahda Club is the oldest country club west of the Mississippi and a premier club in the region. The City of Minneapolis has grown up around Minikahda. A group of young picnickers were so impressed by the spot they found atop a hill overlooking Lake Bde Maka Ska, they acquired the land and set out to form a club for social functions and golf. The name Minikahda comes from the Dakotah, a combination of two words meaning, “by the side of the water.” The Club logo, in fact, depicts a Native American shield, similar to the artifact framed in the Clubhouse.

The Minikahda Club is a year-round full-service club with a vast offering of social, dining and sport activities. The Club has approximately 1,275 members, comprised of approximately 475 families and a single class of membership. From a financial standpoint, the Club is debt-free, has a substantial reserve fund, a waiting list for membership and is well positioned for success.

The historic Donald Ross designed golf course has played host to a number of major events including the 1916 US Open, the 1927 US Amateur, the Walker Cup in 1957, the Women’s Amateur in 1988, the Curtis Cup in 1998, and the US Senior Amateur in 2017. The course is ranked among the best in the state by Golf Digest and was ranked #102 in Golfweek’s Top classic courses in 2020.

In 2018, the classic Ross designed golf course was re-grassed, and the golf shop was replaced with a new building that provides a year-round practice facility. A modernized pool snack bar and a new lakeside bar on the second floor of the Clubhouse was also added at the same time.  Currently, the Club is in the process of developing a long-term strategic and facilities master plan.

Members enjoy a variety of racket sports including tennis and paddle tennis. The tennis and paddle tennis programs are designed to appeal to newcomers and seasoned players alike.  A full calendar of clinics, mixers, and socials provides ample opportunities to meet new players and make new friends.

The pool is a very popular member amenity enjoyed by all from Memorial Day to Labor Day. Located on the edge of a hill with breathtaking views of Lake Bde Maka Ska and downtown Minneapolis, members enjoy swimming programs, relaxation and dining poolside.

At the heart of Minikahda is the beloved 60,000 square foot Clubhouse.  The Club offers multiple dining rooms for every gathering, from the formal Dining Room and intimate patio overlooking Lake Bde Maka Ska, to a family friendly Grille as well as 1898, the newly added adult-only bar with beautiful views of the lake and downtown Minneapolis. Multiple outdoor terraces and a deck with spectacular views highlighted by incredible cuisine prepared by our culinary team are all part of why Minikahda members and guests consider The Minikahda Club one of the best places to dine in the Twin Cities.  The Club also boasts a beautiful ballroom for significant life or member events. Indoors, outdoors, big or small, whatever the need, we are humbled and honored to serve our members and guests.

The Minikahda Club Overview:

  • 1,275 Members (approximately 475 families)
  • Initiation Fee: $75,000
  • Annual Dues: $10,000
  • $10.5M Gross Volume
  • $5.5M Annual Dues
  • $5.2M Gross Payroll
  • $3.2M F&B Volume pre-COVID-19
  • Peak Season: 300 Employees; Off-season: 120 Employees
  • 13 Board Members
  • Average age of members is 52

The Chief Financial Officer Position:

The Club is seeking an accomplished Chief Financial Officer who will report to the Chief Operating Officer/General Manager.

The CFO manages the financial operations of the Club, supervises the accounting functions, and provides analytical support to the COO/GM, Board of Directors, Business Operations Committee, and others for planning, budgets, and solutions to business problems.

The CFO recommends, implements, and maintains the Club’s financial plans and policies, its accounting practices, fiscal records, and the preparation of financial reports. The CFO makes decisions in accordance with Club policy on administrative or operational matters and ensures the operations’ effective achievement of objectives.

The Chief Financial Officer will be responsible for the following:

  • Recommend and implement 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. Responsible for the Club’s internal controls and compliance to same.
  • Prepare financial statements, forecasts, and analysis for all administrative and managerial functions. Maintain all accounting records; develop, analyze, and interpret statistical and accounting information.
  • Manage the annual audit.
  • Evaluate operating results for costs, revenues, budgets, policies of operation, trends, and increased profit possibilities. Attends bi-monthly Business Operations Committee meetings to provide the committee a report of the monthly and year-to-date Club finances.
  • Responsible for the development, implementation, and operation of all accounting and information systems support; for the administration, management, and maintenance of the equipment systems employed in the collection of information and for the training and supervision of staff related, but not limited, to the Administration department.
  • Development, analysis, and interpretation of statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.
  • Responsible for evaluating the performance of several personnel in the Administration department. This individual recommends training requirements, has the duty to keep the staff at the highest level of skill necessary to meet Club needs and objectives.
  • Establishes major economic objectives and policies for the Club and prepares reports that outline the Club’s financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
  • Coordinates and directs the preparation of the budget, business plan, and financial forecasts; institutes and maintains other planning and control procedures; and analyzes and reports variances. The Club performs in a fiscal year beginning April 1 of each year.
  • Responsible for tax planning and compliance with all federal, state, and local corporate, payroll, and other applicable taxes.
  • Furnishes internal reports, revises, and updates reports to be more useful and efficient, and furnishes external reports as necessary.
  • Evaluates and recommends insurance coverage for protection against property losses and potential liabilities.

Candidate Profile:

  • Bachelor’s degree from a four-year college or university, with a concentration in accounting.
  • Five to seven years of professional accounting experience with at least two years as Controller, not-for-profit experience is an asset.
  • Excellent management, leadership, analytical, and interpersonal skills.
  • Ability to design and implement a control reporting system. Experience in systems integration, flowcharting, documentation, and key control analysis required.
  • Experience overseeing the information technology operation and electronic data transfer between systems. Currently the Club uses the ForeTees Business Platform.
  • Strong communication skills.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
  • Knowledge and understanding of retirement plans and benefit programs.

Note: A pre-employment drug screen and background check will be required. The position is available immediately.

Salary & Benefits

Salary is open and commensurate with qualifications and experience. The Club offers an excellent bonus and benefit package.

Inquiries

Interested candidates should submit résumés along with a detailed cover letter which addresses the qualifications and describes your alignment/experience with the prescribed position by Wednesday, March 1, 2022.

Documents must be saved and emailed in Word or PDF format (save as “Last Name, First Name, Minikahda Club CFO Cover Letter” and “Last Name, First Name, Minikahda Club CFO Resume”) respectively to: execsearchus@ggapartners.com. Please email résumé with references.

For more information about The Minikahda Club, please visit www.minikahdaclub.org.

Labor, Capital Spending Top 2022 Budgets

Date:

Budgeting for 2022 is complicated by rapidly changing circumstances and market conditions. GGA Partner Henry DeLozier offers insight into areas where budgetary impact will be greatest. 

Budgeting for 2022 is complicated by rapidly changing circumstances and market conditions. For most experienced hands, anticipating changes within their industry and business is far easier than predicting the breadth and depth of the impact the changes will have on their budgets. Here are two significant categories where budgetary impact will be greatest:

1. Labor costs

Historically, the cost of labor and employee benefits represent the largest line item in a golf course’s operational budget. A trend toward a $15-plus per hour minimum wage and desperately low labor supply conditions will only increase the budgetary impact of labor and benefits. In the wake of the COVID-19 pandemic, and the resulting impacts on labor, two truths are becoming evident:

  • Those clubs and courses that kept staff on the payroll and continued long-term relationships with their employees are being rewarded in two ways. First, those courses are not having to search a tight labor market for replacements. Second, course care and upkeep have been sustained by committed and knowledgeable employees who have a running head start on those clubs that have been forced practically to start over.
  • Working knowledge of your specific course and conditioning expectations promotes a more cost-effective recovery process.

But what if circumstances and decisions beyond your control have forced you into a game of agronomic catch-up? Here are some remedial actions to consider:

  • Update your agronomic plan to state your expectations for course conditioning. New employees need (and want) to understand what is expected of them. Be thorough. Be enthusiastic. Show how much you care.
  • Plan for robust new hire training. Pair experienced hands with newcomers. See that the veterans describe the values and standards of the work to be done with the same clarity and as enthusiastically as teaching the job’s “how to” components. Train the trainers to ensure across-the-board engagement and understanding. Plan daily technical training for your round-up sessions to bring new hires up to speed and promote consistency.
  • Hire veterans. There are approximately 19 million veterans in the United States, according to the U.S. Department of Veterans Affairs. As the increasing number of veterans mustering out of service expands, many trained and mature workers are searching for jobs. Some three-quarters of these veterans saw wartime service. Take the steps to learn more about those who have given so much and see how much they can give to your operation.

2. Capital maintenance

Capital spending for most golf facilities has expanded decidedly as an improving economy loosened purse strings and made more money available for deferred capital maintenance spending. Financial analysts at our firm note that capital spending is up by more than 55 percent at U.S. golf facilities, with most projects focusing on course renovations and restorations of historic designs, greens reconstruction and new bunker projects.

With the upsurge in golf’s popularity in the wake of the pandemic, many facilities have experienced growth in rounds played and membership enrollments. According to Golf Datatech, rounds played in 2020 increased by 13.9 percent over 2019 and through the first quarter of 2021 are up another 24 percent. The increased demand for tee times has given owners and managers new confidence to expand facility spending.

What are the smart moves being made by superintendents? They’re updating capital project rosters and renewing long-awaited requests for capital to upgrade facilities. And they’re not waiting. They’re describing the features and benefits of the intended projects and supporting financial projections with trustworthy third-party analysis.

In these uncommon times, it is important for turf pros to remember the sun does not shine on the same dog’s back every day. Market demand will shift. Access to labor will change. But the self-imposed high standards for most superintendents will remain and the expectations of enthusiastic golfers will expand. Prepare your 2022 budget carefully and with a broader understanding of social, economic and market conditions.

This article was authored by Henry DeLozier for Golf Course Industry magazine.

GGA Partners and USGA to Collaborate on Golf Course Superintendent Executive Search and Placement Services

Date:
New offering combines organizations’ expertise to improve golf facilities’ ability to deliver better playing conditions and enhanced golfer experience

BLUFFTON, S.C., and LIBERTY CORNER, N.J. (April 14, 2021) – The United States Golf Association (USGA) will join with GGA Partners (GGA), an international consulting firm, to launch a new service to place top-notch golf course superintendent candidates at facilities across North America.

As part of its suite of advisory services, GGA has long provided executive search services for facility clients. The collaboration will expand the company’s offerings, with the USGA Green Section’s agronomic and maintenance expertise serving as key factors in targeting the unique needs of each golf course and identifying superintendents with matching skills who can help facilities elevate playing conditions, improve course presentation and foster sustainable practices.

“For any golf facility, the ability to hire the right talent is crucial for long-term success, and we believe in creating and maintaining partnerships with facilities,” said Patrick DeLozier, GGA’s managing director of executive search. “The stakes are higher than ever for facilities looking to hire superintendents, and they are looking for candidates with a wide variety of skills.”

Added Craig Johnston, a GGA partner: “The ability to complement our services in strategy, facility governance, finance and operations with the USGA’s agronomic strength will ensure that we can continue to support our clients with the gold standard in best practices, education, innovative products and research.”

The collaboration will allow the USGA to expand its reach and enhance its ability to inform best management practices for golf course maintenance, including resource prioritization. As part of its mission to champion and advance the game, the USGA is helping to ensure a sustainable game in which course managers are empowered to create a positive experience for their golfers.

“GGA’s values and business areas are strategically aligned with our mission,” said Matt Pringle, managing director of the USGA Green Section. “With this new joint service, we can find the best match between the needs of the golf course and the skill set of their next superintendent, while providing ongoing support to deliver outstanding playing conditions and improved golfer satisfaction.”

The joint service will utilize the USGA’s nationwide network of agronomists, whose extensive knowledge of the facilities and superintendents in their regions will be pivotal to the program’s success. They will work closely with DeLozier, who heads up the firm’s executive search practice.

To learn more, contact Patrick DeLozier at patrick.delozier@ggapartners.com or Elliott Dowling at edowling@usga.org.

 

About the USGA

The USGA is a nonprofit organization that celebrates, serves and advances the game of golf. Founded in 1894, we conduct many of golf’s premier professional and amateur championships, including the U.S. Open and U.S. Women’s Open. With The R&A, we govern the sport via global set of playing, equipment, handicapping and amateur status rules. The USGA campus in Liberty Corner, New Jersey, is home to the Associations, Research and Test center, where science and innovation are fueling a healthy and sustainable game for the future. The campus is also home to the USGA Golf Museum, where we honor the game by curating the world’s most comprehensive archive of golf artifacts. To learn more, visit usga.org.

 

About GGA Partners

GGA Partners™ is an international consulting firm and trusted advisor to many of the world’s most successful golf courses, private clubs, resorts, and residential communities. We are dedicated to helping owners, asset managers, club and community leaders, investors and real estate developers tackle challenges, achieve objectives, and maximize asset performance.

Established in 1992 as the KPMG Golf Industry Practice, our global team of experienced professionals leverage in-depth business intelligence and proprietary global data to deliver impactful strategic solutions and lasting success. GGA Partners has offices in Toronto, Ontario, Phoenix, Arizona, Bluffton, South Carolina, and Dublin, Ireland. For more information, please visit ggapartners.com.

Executive Search: Director of Finance at Chattanooga Golf & Country Club

Date:

DIRECTOR OF FINANCE
CHATTANOOGA GOLF & COUNTRY CLUB
Chattanooga, TN

 

The Club:

Chattanooga Golf and Country Club, the oldest course at its original site in Tennessee, was founded in 1896. Located on the banks of the Tennessee River at the end of the old Riverview trolley line, the Club was formed only eight years after the opening of the first golf course in the United States.

The Club honors this heritage by holding itself to the most elite standards and offering one of the finest golfing experiences in the region. The historic riverside golf course was designed by world renowned Scottish architect Donald Ross in the 1920’s, enhanced back to its original design by Bill Bergin in 2005, and the bent grass greens were converted to ultra-dwarf Bermuda just a few years ago.

The golf experience features a yearlong calendar of exciting events, clinics, and tournaments for men and women, private lessons, and a very successful junior program. Consistently ranked Top 5 in the state by Golf Digest, the course has been the site of many prestigious tournaments at the local, state and national level.

CGCC’s 58,000 square foot Tudor-style facility offers members and their families a beautiful retreat and is perfect for all types of gatherings. The Club features three full-service dining rooms, five banquet rooms, superior service, and quality food which have earned Chattanooga Golf and Country Club recognition as the top club in the area and one of the finest in the Southeast.

Members enjoy family dining at the Fairway Grill which is open every evening and is hugely popular for its Wednesday Family Pasta Night, a create-your-own pasta extravaganza. The Overlook Grill is named for its incredible views of the Tennessee River and spectacular mountain vistas with the Overlook Deck serving as a beautiful place to enjoy a special meal.

For adult members. the Tap in Tavern features a great selection of local and craft beers along with an award-winning selection of unique and rare bourbons. Trivia Thursdays, wine tastings, craft beer nights, and bourbon tastings are always popular events scheduled throughout the year.

CGCC’s $9M nationally-recognized pool was featured on the cover of the 2017 Club & Resort Business Magazine. This multi-generational resort style pool has a zero-entry splash pool section for young children, a waterslide, basketball hoop, Pool Bistro, and lane pool for lap swimming and swim meets for the CGCC Wavemakers swim team. The separate adult oasis features a refreshing lounge pool, soft seating, multiple shade areas, and The Oasis Bar which offers frozen cocktails, lunch and dinner with members’ favorite sports on the big screen TVs.

The CGCC fitness center offers a personalized health experience tailored to all types of bodies and goals. It is fully equipped with the latest technology in treadmills, cardio, and stationary bikes along with a large selection of free weights, strength and stretching equipment. A child-minding facility ensures that members in all phases of life are able to stay active in group classes including yoga, Pilates, spin, barre, personalized training, and a certified TPI program for advanced and specialized golf fitness.

Over the last 100 years, Chattanooga Golf and Country Club has witnessed the Great Depression, two world wars, economic upheavals, which have challenged its existence. The Club has always proven to be a place where members return to feel at home, self-evident in the Club’s currently full membership and strong waitlist. With an exceptional staff and a course rivaled by few, Chattanooga Golf and Country Club has been and will continue to be a step above the rest.

Chattanooga Golf & Country Club Overview

 

  • 800 members (Golf: 580, Other: 220)
  • Initiation Fee (Resident Member Golf: $36,500)
  • Annual Dues (Golf: $8,040)
  • $4M Annual Dues Volume
  • $8.3M Gross Volume
  • $3.60M Gross Payroll
  • Average age of members is 56

The Director of Finance Position:

The Club is seeking an accomplished Director of Finance who will report to the Chief Operating Officer/General Manager.

The DOF manages the financial operations of the Club, supervises the accounting functions, and provides analytical support to the COO/GM, Board of Directors, Finance Committee, and others for planning, budgets, and solutions to business problems.

The DOF recommends, implements, and maintains the Club’s financial plans and policies, its accounting practices, fiscal records, and the preparation of financial reports. The Director of Finance makes decisions in accordance with Club policy on administrative or operational matters and ensures the operations’ effective achievement of objectives.

The Director of Finance will be responsible for the following:

> Recommend and implement 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. Responsible for the Club’s internal controls and compliance to same.

> Prepare financial statements, forecasts, and analysis for all administrative and managerial functions. Maintain all accounting records; develop, analyze, and interpret statistical and accounting information.

> Manage the annual audit.

> Evaluate operating results for costs, revenues, budgets, policies of operation, trends, and increased profit possibilities. Attends monthly finance committee meetings to provide the committee a report of the monthly and year-to-date Club finances.

> Responsible for the development, implementation, and operation of all accounting and information systems support; for the administration, management, and maintenance of the equipment systems employed in the collection of information and for the training and supervision of staff related, but not limited, to the Administration department.

> Development, analysis, and interpretation of statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization.

> Responsible for evaluating the performance of several personnel in the Administration department. This individual recommends training requirements, has the duty to keep the staff at the highest level of skill necessary to meet Club needs and objectives.

> Establishes major economic objectives and policies for the Club and prepares reports that outline the Club’s financial position in the areas of income, expenses, and earnings based on past, present, and future operations.

> Coordinates and directs the preparation of the budget, business plan, and financial forecasts; institutes and maintains other planning and control procedures; and analyzes and reports variances. The Club performs in a fiscal year beginning October 1 of each year.

> Responsible for tax planning and compliance with all federal, state, and local corporate, payroll, and other applicable taxes.

> Furnishes internal reports, revises, and updates reports to be more useful and efficient, and furnishes external reports as necessary.

> Evaluates and recommends insurance coverage for protection against property losses and potential liabilities.

Candidate Profile:

 

  • Bachelor’s degree from a four-year college or university, with a concentration in accounting.
  • Five to seven years of professional accounting experience with at least two years as Controller, not-for-profit experience is an asset.
  • Excellent management, leadership, analytical, and interpersonal skills.
  • Ability to design and implement a control reporting system. Experience in systems integration, flowcharting, documentation, and key control analysis required.
  • Experience overseeing the information technology operation and electronic data transfer between systems. Currently the Club uses Jonas Software.
  • Strong communication skills.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
  • Knowledge and understanding of retirement plans and benefit programs.

Note: A pre-employment drug screen and background check will be required. The position is available November 30, 2020.

Salary & Benefits:

Salary is open and commensurate with qualifications and experience. The Club offers an excellent bonus and benefit package.

Inquiries:

IMPORTANT: Interested candidates should submit résumés along with a detailed cover letter which addresses the qualifications and describes your alignment/experience with the prescribed position by Friday, December 18, 2020.

Documents must be saved and emailed in Word or PDF format (save as “Last Name, First Name, Chattanooga DOF Cover Letter” and “Last Name, First Name, Chattanooga DOF Resume”) respectively to: execsearch@ggapartners.com. Please email résumé with references.

For more information about Chattanooga Golf & Country Club, please visit chattanoogagcc.org.

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