Job Description

Organization

Established in 1912, Lakewood Country Club was Dallas' second 18-hole golf course. Originally designed by Scotsman Tom Bendelow, it is located on 129 acres at the corner of Abrams Road and Gaston Avenue, the perfect location to be enveloped by Dallas residents as it grew into Texas' third largest city. The Club is very successful today with a waiting list of over three years. It has truly become a second home for over 1,100 Member families, 90% of whom live within three miles from the Club.

The Club is so popular year-round that it does not really experience a peak season. Even during the heat of mid-summer, the pool and its surrounding dining and social areas become the epicenter of unprecedented dining and social activity. Golf rounds consistently exceed 30,000 annually.

Lakewood Country Club is entering into a new era of its rich and established history. In the Fall of 2025, the Club will undergo a major golf course renovation at the direction of renowned golf course architect, Andrew Green. All 18 holes are being redesigned to complement a new state-of-the-art practice facility, teaching studio and on-course comfort station. The Club also looks to address the Clubhouse in the near future following the golf course renovation. In addition to the improvements of the Club's infrastructure, there's a renewed focus on the Member and guest experience and service-minded culture amongst the team in all facets of the operation.

Lakewood Country Club Details

• Gross Revenue: $19M
• Food & Beverage: $5.8M (85% from a la carte dining)
• Clubhouse: 58,000 square feet
• Total Membership: 1,100+ families
• Wait Lists: Three years for Social Members, eight years for Golf Member
• Initiation Fee: $135,000
• Full Stock Member Dues: $15,000 annually
• A la Carte Dining Venues: Five (seating 400)
• Banquet Room Seating: 280 seated, 300 reception
• Fitness Center: 3,000 square feet
• Peak Season Employees: 300+
• Full-Time, Year-Round Employees: 175
• Tom Bendelow 18-hole championship Golf Course; redesigned in the 1950s by Ralph Plummer; redone in 2013 by Coore & Crenshaw
• Golf Practice Facility
• Golf Pro Shop
• Men's and women's Locker Rooms
• Wine Room with wine cellar
• Fitness Center and "Kidz Klub"
• Two massage rooms
• Recreational Pool with Baby Pool, Leisure Pool and Snack Bar
• Eight hard-surface, lighted Tennis Courts
• Tennis Pro Shop
• Pickleball Court

Position Overview

The Chief Financial Officer (CFO) is the foundation of Lakewood Country Club's policies and financial health. This vital position is relied upon by the General Manager/Chief Operating Officer, the senior management team and the Board of Governors to ensure the Club has the proper controls, administrative and reporting procedures, and people systems to effectively grow the organization while maintaining financial strength and operational efficiency.

Accurate record-keeping is fundamental to the CFO's role, but timely and thoughtful analysis of financial results is crucial for impacting both short- and long-term strategic decision-making. The successful CFO will be an energetic, forward-thinking and creative individual with high ethical standards and a professional image. Discretion and professionalism are paramount, along with a thorough understanding of finance, accounting, budgeting and cost control principles, including generally accepted accounting principles and human resources/payroll.

Guided by the GM/COO and within the limits of Lakewood Country Club's policies and procedures, the CFO will develop the strategic direction of the Finance Department and manage all financial aspects of the Club to maximize business potential and growth. Responsibilities include optimizing traditional financial planning and analysis, auditing, compliance, treasury, capital project accounting, financial reporting and controller functions. The CFO will also develop transformative and automated processes/systems that positively impact the business for our IT and Human Resources. This leader will identify inefficiencies, promote effective cost management initiatives, streamline the procurement process, harness analytic insights and build performance metrics and reporting for department heads.

Responsibilities

• Overseeing financial planning, budgeting, and cash flow to align with the Club’s strategic goals.
• Managing capital projects, including a $45M golf course renovation.
• Advising the Finance Committee on financial trends and club operations.
• Ensuring compliance with GAAP, tax regulations, and internal controls.
• Supervising HR functions, including hiring, onboarding, payroll, benefits, and 401(k) administration.
• Managing financial reporting, audits, and cost-control measures.
• Supporting department heads with financial analysis and budget adherence.
• Representing financial interests in key meetings, including Finance Committee, Past Presidents, and Annual Shareholder meetings.
• Enhancing financial performance and business opportunities.

Key Attributes

• Strong leadership, integrity, and service-oriented mindset.
• Hands-on, strategic thinker with a proactive approach to problem-solving.
• Effective communicator with the ability to collaborate across departments.
• Ability to adapt to a dynamic environment and drive continuous improvement.
• Commitment to excellence in financial management and member service.

Requirements

• Bachelor's degree in Finance or a related field and experience that provides the required finance, knowledge, skills and abilities. A CPA would be viewed as a plus, but not required.
• Five years minimum experience as a Controller, CFO or similar position at a club or within a similar hospitality environment, resort or hotel.
• 5+ years of accounting experience in balance sheet reconciliation, accruals, G/L accounts, journal entries, variance analysis, preparing monthly financial reports, budgeting, bank reconciliations, preparing tax returns, annual audit preparation, forecasting, payroll, AR/AP, cash flow, policy and process development.
• Solid knowledge of GAAP and regulations.
• A career path marked with stability and professional achievement.
• A person of exceptional character - motivated, energetic, friendly and dedicated to the profession. A friendly and outgoing personality with strong communication skills and high visibility.
• The professional will be a lifelong learner continuing research and understanding industry trends. Excellent verbal and written skills.
• Effective coaching/supervision/training of staff.
• The ability to operate a computer to enter, retrieve or modify data utilizing Microsoft Word, Excel, Outlook, PowerPoint, email, internet and other software programs at a high level of proficiency.
• Strong working knowledge of Microsoft suite.
• Knowledge and implementation of accounting software is preferred
• Impeccable and verifiable references. All candidates will be subject to a thorough background check.

Competitive Compensation

• Competitive compensation/salary and an annual performance bonus
• Healthcare, Medical, Dental and Life Insurance
• Paid Time Off
• Participation in the Club's 401(k)
• Professional dues, educational allowance expenses and other expenses per the annual budget
• Relocation Assistance

Individuals who meet or exceed the established criteria as detailed in this position profile and posting are encouraged to send both a cover letter and resume to Tara Osborne at tara@gsiexecutivesearch.com in PDF format, attached via email with the subject line: Lakewood CFO.

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