Head of Accounting and Financial Reporting, Kasa Living
+ Generous Stock Option Plan:
Short-term rental marketplace
Be an early applicant
Short-term rental marketplace
201-500 employees
Be an early applicant
+ Generous Stock Option Plan:
201-500 employees
Company mission
To build a global accommodations brand that is beloved by guests, indispensable to property partners, and desired by neighbors.
Role
Who you are
- We are seeking a candidate with a strong foundation in hotel management agreement reporting standards (USALI, GAAP), lease accounting, and GAAP reporting
- A CPA license is strongly preferred
- Beyond technical expertise, we’re seeking a leader who thrives in a fast-paced, tech-driven environment and is eager to challenge the status quo by implementing cutting-edge accounting automation and system enhancements
- Requirement: At least 10 years of experience leading accounting/reporting teams in the hotel or real estate industry
- Nice to have: Experience working with product/tech teams to develop creative solutions to legacy accounting processes and excitement for disrupting the “status quo” of manual accounting processes
- Requirement: Significant experience with hotel management agreement reporting standards (USALI and GAAP), lease accounting, and familiarity with ownership structures common in the commercial real estate industry
- Requirement: Experience with corporate company-level reporting, including GAAP financial reporting, equity accounting, and corporate KPI analysis
- Nice to have: CPA license
- Nice to have: Experience using Netsuite, Adaptive Insights (Workday), SQL or Looker
- Nice to have: Experience crafting new reporting and reconciliation processes for complex customer sales
- Nice to have: Public company and/or venture-backed company reporting experience
- Nice to have: Fluent in Spanish (frequent interaction with Kasa Mexico team)
- Key Values: Highest degree of integrity, energized by complex problem solving, thinking outside the box, willing to “roll up your sleeves”, empathetic leader, and confident communicator
What the job involves
- Kasa is looking for a dynamic and forward-thinking accounting leader to join us as the Head of Accounting and Financial Reporting
- We’re seeking a Leader who doesn’t just manage accounting processes but actively rethinks and optimizes them
- The role is ideal for someone who is energized by the opportunity to build automation, eliminate inefficiencies, and introduce scalable financial reporting solutions
- As Head of Accounting and Financial Reporting, you will lead our corporate and property-level accounting teams, ensuring accurate and timely financial reporting for Kasa’s property partners and investors
- More importantly, you’ll be responsible for modernizing our accounting function—introducing automation, refining reconciliation processes, and implementing scalable solutions that make our finance team more effective as we grow
- This role is an opportunity to modernize and enhance our accounting function rather than maintain legacy processes
- From refining reconciliation workflows to implementing technology-driven reporting solutions, your work will directly contribute to Kasa’s continued growth and operational excellence
- As the company’s top accounting leader, you will drive strategic financial initiatives with direct exposure to the executive team and Board of Directors
- This is a remote role, reporting to the Chief Financial Officer
- Improve Property-Level Reporting Scalability: Kasa operates in a centralized fashion - significantly more efficient than traditional hospitality companies and with scalable systems
- You will be responsible for ensuring that our systems and processes become ever more scalable, ensuring reliable and accurate reporting as we grow, with limited need for additional resources
- Communicate with Key Stakeholders: Summarize company financial performance to our investors and leadership team on a monthly, quarterly, and annual basis
- Synthesize the information by surfacing the most impactful results as well as the areas of financial performance that can impact future strategy and decision-making
- Thought Leadership: Innovate new ways to report and analyze property-level performance and deal structures to maximize the operating profit Kasa delivers to its partners and better inform business decisions. Inspire cross-functional understanding of financial stewardship plus drive technological innovation to maximize company-wide accounting accuracy
- Improve Efficiency and Automation: Leverage new technologies to maximize financial performance and improve the speed of reconciliations, monthly close, and financial overview to our investors and partners
- Inspire Finance Team to Strive for More: Act as an inspirational leader to encourage more empowerment amongst finance team members to continue improving their role as critical thought leaders within the broader organization
- Reporting Accuracy & Timeliness: Accurate and timely reporting for our properties and corporate investors is critical to Kasa’s near and long-term success
- You will have direct responsibility to ensure that we remain best-in-class for this critical function, including, but not limited to, corporate allocation decisions, new partnership structuring decision-making, KPI reporting, partner reporting mediums, and managing scalable reconciliation processes
- Team Management: Oversee and inspire a ~20 person team across the US and Mexico to produce top-tier financial reporting while maximizing reconciliation efficiency to achieve greater economies of scale as Kasa continues to grow
- Tax and Audit Improvements: Ensure SOC and audit compliance as Kasa continues to grow across multiple jurisdictions, agreement types and with various investment partners
- Partner and Cross-Functional Management: Oversee multiple external partnerships with tax, audit, real estate and legal firms across a wide range of financial reporting-related projects, as well as mentorship of property general managers and financial reporting managers on best practices, frequencies, and approaches to property owner financial reporting
- Key internal stakeholders with frequent interaction with this role include regional general managers, real estate growth, sales and marketing, reservations and distributions
Our take
Existing short-term rental platforms provide temporary homes for business travelers and families, but options are often limited and compromising. Spaces often don't provide the facilities that users require to work and live comfortably, and options that do are often unaffordable.
Kasa provides a platform for short-term rental of standardized properties, with every listing providing 24/7 contactless check in services, reliable and fast Wi-Fi, fully equipped kitchens and other essentials for comfort.
This unique approach, which provides the essentials for stays at an affordable price, allows Kasa to stand out form other short-term rental services such as Booking.com and AirBnB. The company recently expanded from its apartment and hotel room speciality to include luxury single-family vacation rentals, which should allow it to capture interest from a new kind of consumer.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-13% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Oct 2023
$70m
SERIES C
Oct 2020
$30m
SERIES B
Total funding: $120m
Company benefits
- Remote work for most roles
- Access to coworking spaces
- Unlimited PTO
- Kasa lodging credit ($2,000 annual)
- Highly-subsidized health insurance
- Sponsored plan that covers infertility treatments
- 14 weeks parental leave
- One Medical membership
- Biannual reviews
- 401(k) matching
- HSA contributions
- Equity in Kasa
Company HQ
Financial District, San Francisco, CA
Leadership
Roman Pedan
(CEO)Prior to founding Kasa, they worked at KKR. Over their career here, they were part of teams that purchased $1.2bn of hotel assets across the US. They were involved in every hotel transaction that KKR closed during their tenure.
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