Hotel Director of Finance

Key Responsibilities

• Direct and administer all financial operations of the hotel to include, but not limited to, asset protection, financial reporting, systems management, hotel-wide budget and forecasting, department management, and meeting participation and facilitation
• Ensure compliance with all Generally Accepted Accounting Principles (GAAP)
• Serve as financial advisor to hotel management and ownership
• Monitor and approve all sales, purchases, salaries and expenses of the hotel
• Assist and counsel department heads in the interpretation and analysis of financial data, recommending courses of action to maximize hotel profitability
• Prepare annual plan, projections and budgets
• Monitor and develop team member performance to include, but not limited to, providing supervision and professional development, scheduling, conducting counseling and evaluations and delivering recognition and reward
• Recruit, interview and train team members
• Internal Controls and Risk: risk assessment and risk mitigation, maintaining internal controls and segregation of duties, keeping up with local legislation changes, contract/license/permit administration, etc.

Business Partner

• Provide actionable analytical insights to maximize business results, provide financial perspectives and insights to support strategic decision-making, implementing processes, and partnering with the operational team to optimize the targeted results and track and measure the performances, etc.
• Responsible for short and long-term planning and the management of the Accounting function
• Enable disciplined resource allocation to promote and enable smart and proactive decisions

Manage SOX Compliance

• Complete the year-end audit process. Review and approve all reconciliations and audit work papers.
• Coordinate external auditors visits, respond to auditor requests, approve any and all adjustments, reconcile the audit numbers to the property numbers and approve the final audit
• Prepare and review all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department managers in this process. Take initiative to manage and troubleshoot for respective cost controls and revenue enhancement
• Aid in the preparation and final review of the annual business plans
• Have a sound understanding of the hotel operational and back office systems as well as Microsoft Office products
• Have a sound understanding of the forecasting system and the tools from Revenue Management.
• Review monthly and quarterly property financial forecasts.

Qualification & Requirements

• Demonstrated ability to effectively interact with people of diverse socioeconomic, cultural, disability, and ethnic backgrounds
• 6 years or more of progressive Accounting experience
• Service oriented style with professional presentations skills
• Hospitality or Accounting degree preferred
• Must possess the following strengths: high energy, entrepreneurial spirit, motivational leader, effective communicator, effective in providing exceptional customer service and ability to improve the bottom line
• Clear concise written and verbal communication skills in English
• Must be an advanced user of Microsoft Word and Excel

Benefits

• Medical Plans: Choice of three plans to meet your healthcare needs.
• Dental Plans: Two options for dental coverage.
• Vision Insurance: Coverage for routine eye care and eyewear.
• Paid Time Off (PTO): To support work-life balance.
• 401(k) Retirement Plan: Plan for your future with employer contributions.
• Flexible Spending Account (FSA): Pre-tax savings for healthcare and dependent care expenses.
• Life and AD&D Insurance: Employer-provided coverage with additional voluntary options.
• Short-Term Disability (STD): Employer-provided coverage to support you during temporary disability.
• Voluntary Long-Term Disability (LTD): Additional protection for extended disability.
• Commuter Benefits: Save on transit and parking expenses.
• Pet Insurance: Options to support your furry family members.