WHERE PROCESS, INTEGRITY AND RESULTS INTERSECT
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Richard A. Lareau, CCM, CCE, ECM
Appointed Principal With GSI Executive Search
GSI Executive Search is pleased to announce the appointment of Richard A. Lareau, CCM, CCE, ECM as Principal.
Richard has excelled in private club and commercial restaurant management since 1978. As a nationally recognized and highly accomplished private club professional, his passion for creating and delivering the art of hospitality and consistently achieving the highest member and customer satisfaction has garnered him well-earned commendations throughout the hospitality industry.
Prior to joining GSI Executive Search, Richard’s resume of success included 11 years as Club Manager of Boulder Ridge Country Club in Lake in the Hills, Illinois; 13 years as GM/COO of the Briar Club in Houston, Texas; four years as a Club Consultant with The McMahon Group, Inc. in St. Louis, Missouri where he was the firm's operations and food and beverage specialist; and 14 years with for-profit casual-to-white-linen restaurant and catering organizations in the Chicagoland area.
“Richard possesses a renowned track record of success in the private club and hospitality industry, along with unrivaled expertise and unwavering dedication to client service,” said Bob Jones, President of GSI Executive Search. “His deep network of top industry contacts, combined with his vast experience in private clubs and hospitality organizations and dedication to elevating clubs to their highest potential, offers clients unparalleled access to top talent that can help their clubs truly thrive.”
As a Principal with GSI Executive Search, Richard focuses on placements in Alabama, Mississippi, Louisiana, Texas, Oklahoma and Kansas. He can be reached at 713-557-4287 or Richard@gsiexecutivesearch.com.
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For executive search needs throughout the U.S., please contact the following:
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Midwest/
Racquet Sports Placements:
Senior Principal
314-854-1321
Florida/Ohio/Southeast
Golf Course Superintendent Placements:
Principal
440-796-7922
West/Southwest:
Principal
901-550-9338
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Northeast:
732-618-8665
Gulf States/Texas/ Oklahoma/Kansas:
Principal
713-557-4287
Northwest/
Racquet Sports Placements:
310-740-4488
Golf Course
Superintendent Placements:
Associate
239-250-6296
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Chief Financial Officer
Wilderness Country Club, Naples, Florida
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The Club
Centrally located in the heart of Naples, Florida, Wilderness Country Club provides a lush tropical paradise with an "Old Florida" charm just minutes away from Fifth Avenue South, waterside shops and Gulf of Mexico beaches. The golf course community features just 300 residences strategically placed around a classically designed Arthur Hills 18-hole golf course in an Audubon Cooperative Sanctuary complete with a clubhouse, tennis, bocce, and croquet facilities. As the closest residential country club to the beach and Old Naples, Wilderness Country Club provides the ultimate luxury and holds the distinction of being the first gated golf course community in Naples.
Wilderness Country Club members enjoy first-class golf, tennis and dining facilities staffed by friendly, caring professionals who are committed to maintaining the feel of a close-knit community surrounded by family and friends.
The club has a full membership of 300 resident members and membership to the club is mandatory within the community. The combined annual budget is $9.6 million, which is split approximately even between the club and the community. The club has annual food and beverage gross sales of $856,000. Annual golf shop sales are $253,000.
The Opportunity
The Chief Financial Officer is the foundation of the club’s financial health and is the position that is relied upon by all parties including the COO, the management team and the Board of Directors to assist in a successful operation. Maintaining accurate records is the base of this position’s product; however, timely and thoughtful analysis of financial results is key to making the proper impact on both short-term and long-term strategic decision making. The position also needs to balance time with the accounting of the condominium association and managing the HR function of the club, serving as the gatekeeper of confidential personal and wage data and facilitator of benefit negotiations and payroll processing.
Essential Duties and Responsibilities
- Directs financial operations of the club and the condominium association.
- Fully supports the General Manager/COO and is responsible in all administrative matters concerning his/her position as a club and association CFO.
- Directs the development of, recommends and directs the operation of the overall system of accounting and budgeting policies, procedures, programs and practices necessary for the effective and efficient operation of the club and association.
- Directs the development of overall club and association statistical reporting systems and related policies and procedures to secure, define and present the accounting information and variations from desired performance that are necessary for efficient and effective management of the club and association, or as may be required by law.
- Advises and guides within the framework of his/her delegated authority in the proper use of these accounting and statistical systems and their related procedures, programs and practices.
- Periodically reviews all accounting, budgeting, statistical reporting and record-keeping activities throughout the club and association. Recommends activities as may be necessary in order that these programs can be better utilized. Advises and guides departments as necessary in the application of these recommendations.
- Directs the preparation and presentation of the WCC and WCA budgets and sees that the various managers are advised and assisted as needed in the preparation of their individual budgets.
- Analyzes and presents monthly or more often if needed to the department managers, General Manager/COO, Finance Committee and Board of Directors regarding the variations between budgeted performance and actual results in both assets and operating accounts and suggests possible corrective actions.
- Safeguards the club and association book of accounts; sees that entries in these books are properly recorded, and that all financial statements issued are consistent with these books.
- Directs and coordinates as internal accounting and auditing activities with the other functions of the accounting office and with the independent public accountants chosen by the Board of Directors; discloses all unusual or apparent variations from authorized and accepted principles to these accountants.
- Sees that federal, state and local tax returns and license applications are promptly, properly and accurately prepared, and that every effort is made to minimize such charges by payment to benefit from all discounts offered, etc.
- Directs or participates in the taking of physical inventories; verifies values; investigates variations between actual and recorded values; and calls such variations to the attention of the appropriate Department Manager.
- Safeguards cash on hand and funds in the various bank accounts; sees that income is properly and correctly deposited.
- Supervises the accounts receivable and preparation of lists of past due accounts; notifies for NSF checks; reminds by mail, email or phone such delinquent accounts, and reports remaining delinquent accounts to the General Manager/COO.
- Approves the employment of new or replacement accounting personnel within the framework of the organizational chart and is responsible for their training.
- Executes the general responsibilities common to all executives in minimizing the costs of departmental operations and in the safeguarding of the reputation of the club and the association.
- Manages the cash requirements of the club and communicates cash needs and shortfalls to the General Manager/COO.
- Conducts relationships as necessary for the accomplishment of the independent annual audit; shares experiences fully and wholeheartedly aids their search for facts; accepts and acts in their suggestions for improved procedures.
- Prepares payroll, serves as the liaison regarding timekeeping discrepancies. Serves as the liaison in the coordination of health, 401(k), and employee benefits.
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This month’s featured search is headed by:
Principal
440-796-7922
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At GSI Executive Search, we’re always adding new searches for our ever-expanding roster of private club clients. Please see below for the full list.
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Vacquero Club
Westlake, Texas
Wilderness Country Club
Naples, Florida
Boar’s Head Resort
Charlottesville, Virginia
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Hand Construction
Shreveport, Louisiana
The Grove Club
College Grove, Tennessee
Long Cove on Cedar Creek Lake
Malakoff, Texas
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Scott McNett
314-854-1321
Ned Welc, CCM, CCE
440-796-7922
Terry Anglin, CCM, CCE, ECM
901-550-9338
Andrew Minnelli, USPTA, PTR
310-740-4488
Manny Gugliuzza, CCM, CCE
732-618-8665
Richard A. Lareau, CCM, CCE, ECM
713-557-4287
J. Mark Black, CGCS
239-250-6296
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Bob Jones
972-341-8133 Office
Jay Salem
972-341-8143 Office
214-533-5165 Cell
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About GSI Executive Search:
GSI Executive Search, an Ethos Club & Leisure Alliance company, is a full-service executive search firm serving the private club and hospitality industries throughout the U.S. The firm's hands-on, thorough, and results-oriented approach has led to successful placements for over 20 years with more than 500 client clubs/organizations and over 900 search assignments.
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