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Director of Finance
$187k-253k (estimate)
Full Time 1 Month Ago
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Ala Moana Hotel by Mantra is Hiring a Director of Finance Near Honolulu, HI

**Hawai'i residents preferred - Relocation assistance not available **

JOB DESCRIPTION

Reports To: General Manager

POSITION PURPOSE

Support the General Manager to lead the strategic direction of the business ensuring compliance in all financial related matters. Act as the financial liaison to the Pacific corporate office and head office as required.

Oversee and support the Financial Controller and finance team in the achievement of the Division’s goals and the maintenance of adequate internal controls over all areas of hotel operations, ensuring timely completion of all reports generated by accounting team. Enforce the maintenance of Ala Moana policies and procedures as they apply to the hotel operation.

EXAMPLE OF DUTIES

15% Assist the General Manager to set the strategic direction for the hotel to achieve its financial objectives. Review processes, implement controls and maximize returns.

20% Oversee and support of the Financial Controller and finance team in day to day finance operations, preparing all month-end and year-end reports, including tax reporting packages. Maintain the books of accounts for owners and the Company.

15% Prepare and coordinate monthly forecasts and outlooks, including, but not limited to, quarterly reforecasts for owners and any similar reports for the Company.

5% Prepare budget annually for the hotel.

15% Review financial reports in accordance with reporting calendars and ensure that all reports are submitted on a timely basis.

10% Provide guidance and supervision to all accounting employees as required. Recommend training necessary or provide training for specific tasks to accounting team.

10% Oversee general ledger journals, maintain accurate balance sheet reconciliations and perform other general and administrative functions as may be required.

5% Assist Financial Controller to prepare audit schedules and coordinate with external and internal auditors in the completion of their field work. Put plans in place at completion for implementation of all audit recommendations.

5% Oversee the administration of all bank accounts, ensures bank resolutions are updated, and prepare treasury reports.

OTHER

§ Regular attendance in conformance with the standards which have been established by the hotel from time to time is essential to the successful performance of this position.

§ Due to the cyclical nature of the hospitality industry, employees may be required to workvarying schedules to reflect the business needs of the hotel.

§ Upon employment, all employees are required to fully comply with the hotel rules and regulations for the safe efficient operation of the hotel facilities.

SPECIFIC JOB KNOWLEDGE AND ABILITY

The individual must possess the following knowledge, skills and abilities and be able to explain and demonstrate that he or she can perform the essential functions of the job, with or without reasonable accommodation, using some other combination of knowledge, skills, and abilities:

§ Must be able to speak, read, write and understand the primary language(s) used in the workplace.

§ Must be able to read and write to facilitate the communication process.

§ Requires good communication skills, both verbal and written.

§ Must possess intermediate computer skills.

§ Knowledge of computer accounting programs, math skills as well as budgetary analysis capabilities required.

§ Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups to managers, clients, customers, and ownership.

§ Ability to apply mathematical operations to such tasks as frequency distribution, analysis of variance, correlation techniques, sampling theory, and factor analysis.

§ Computer skills: high level proficiency in Microsoft Word, Microsoft Excel and other applicable computer systems required.

§ Ability to define problems, collect data, establish facts, and draw valid conclusions.

QUALIFICATIONS & STANDARDS

§ 4-year bachelor's degree in Finance and Accounting or related major; 5 year experience in a senior management position in the finance and accounting or related professional area. Experience in hotel or condominiums an advantage.

Ala Moana Hotel by Mantra is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. Ala Moana by Mantra does not discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws

Job Type: Full-time

Pay: From $160,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • 8 hour shift
  • Monday to Friday

Education:

  • Bachelor's (Required)

Experience:

  • Finance & Accounting: 5 years (Required)
  • Hotel or Condo: 1 year (Preferred)

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$187k-253k (estimate)

POST DATE

03/06/2024

EXPIRATION DATE

06/30/2024

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The job skills required for Director of Finance include Accounting, Analysis, Finance and Accounting, Internal Control, General Ledger, Balance Sheet, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Finance. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.

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If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director of Finance job description and responsibilities

A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.

01/03/2022: Schenectady, NY

Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.

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Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.

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The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.

12/20/2021: Racine, WI

They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director of Finance jobs

Becoming a director of finance requires a combination of education and relevant work experience.

02/26/2022: Sioux Falls, SD

They must also be good team players, with management skills to lead the finance department.

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At least 10 years of accounting and finance experience.

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Create partnerships with the other stakeholders.

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The Finance Director should have strong people skills, be a team player and be a proficient multitasker.

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Step 3: View the best colleges and universities for Director of Finance.

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