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Director of Finance
$210k-285k (estimate)
Full Time 1 Month Ago
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JF Restaurants at The Times Square Edition is Hiring a Director of Finance Near New York, NY

John Fraser Restaurant Group is seeking a skilled Director of Finance to join our team at the Times Square Edition to help drive our financial strategy forward. In this role, you will collaborate closely with the hotel's finance team while overseeing the financial operations of our esteemed restaurant group.
Position Overview:
The Director of Finance will serve as a key leader within our organization, responsible for managing the financial intricacies of our restaurant group operating within a hotel setting. This role requires a strategic thinker with a keen understanding of both restaurant and hotel finance, capable of driving financial performance and fostering collaborative relationships with cross-functional teams.

Responsibilities:

  • Develop and execute financial strategies aligned with the overall objectives of the restaurant group and the hotel.
  • Partner with the hotel's finance team to streamline financial processes, ensuring alignment and compliance with corporate policies and procedures.
  • Oversee budgeting, forecasting, and financial planning efforts for the restaurant group, incorporating input from various stakeholders.
  • Monitor financial performance metrics and key performance indicators (KPIs), providing insights and recommendations to drive profitability and operational efficiency.
  • Prepare accurate and timely financial reports for senior management and ownership, highlighting financial trends, risks, and opportunities.
  • Manage cash flow, capital expenditures, and working capital requirements in collaboration with the hotel's finance team.
  • Implement internal controls and procedures to safeguard assets and mitigate financial risks.
  • Lead and develop a high-performing finance team, fostering a culture of collaboration, accountability, and continuous improvement.

Qualifications:

  • Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
  • Experince in progressive finance leadership experience in the hospitality industry, with a focus on both restaurants and hotels.
  • Strong understanding of restaurant operations, financial analysis, and revenue management principles.
  • Proven track record of driving financial performance and implementing process improvements.
  • Excellent communication skills, with the ability to effectively collaborate with diverse stakeholders at all levels of the organization.
  • Detail-oriented mindset with a strategic outlook, capable of balancing day-to-day responsibilities with long-term objectives.
  • Proficiency in financial modeling, budgeting software, and ERP systems; experience with hotel property management systems is a plus.

Job Summary

JOB TYPE

Full Time

SALARY

$210k-285k (estimate)

POST DATE

03/27/2024

EXPIRATION DATE

04/24/2024

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The job skills required for Director of Finance include Accounting, Leadership, Budgeting, CPA, Internal Control, Financial Analysis, 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.

01/27/2022: Salem, OR

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

01/21/2022: Provo, UT

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.

01/21/2022: Boston, MA

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.

02/16/2022: Olympia, WA

At least 10 years of accounting and finance experience.

02/23/2022: Seattle, WA

Create partnerships with the other stakeholders.

01/04/2022: Phoenix, AZ

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

01/22/2022: Kingsport, TN

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

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