How a Real Estate and Hospitality Company Hired A VP of Finance for $1,500/mo

Editor’s note: some customers prefer not to be named, so we’ve purposefully removed their company name in this article. We’re their secret weapon :-)

What does this client’s business do?

The client is a real estate and hospitality company that rents out purposefully curated suites. They pride themselves in providing 24/7 on-demand service and amazing hospitality to guests in cities across the globe.

Who was hired and what was their role?

They needed a VP of Finance to lead and coordinate their financial planning, budget management, and ensure that they comply with accounting requirements. They were looking for a candidate who has an entrepreneurial mindset, natural desire to solve problems, and extensive finance and bookkeeping experience.

At Somewhere, we helped them hire Leinard. He now works as their full-time CFO, wherein he:

• Systematically accounts financial transactions by establishing a chart of accounts; defining bookkeeping policies and procedures
• Maintains records of financial transactions by establishing accounts; posting transactions
• Prepares financial reports by collecting, analyzing, and summarizing account information and trends
• Provides accounting policy orientation for the entire company
• Coordinates with the senior leadership to ensure they meet company objectives
• Reconciles financial transactions on a weekly basis
• Develops best practices to expand their operations
• Collaborates with senior leadership to create financial strategies.
  

What is the salary of the individual they hired?

Leinard now works full-time—with a flexible working arrangement—for $1,500/month.

What was the candidate’s background prior to being hired?

Just like what the client is looking for, he has years of bookkeeping experience, and has worked as an accounting team leader for clients in the US, Australia, and New Zealand. He has supervised multiple accounting teams, working with them to fulfill bookkeeping services. This includes daily and monthly processing of bank reconciliation, processing of AP and AR, and monthly closing of books. His experience in taxation and FS reporting would be a great plus to his new role as CFO.

Need to hire a VP of Finance for your company? Let us help you hire! Get in touch with us at Somewhere.