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Director of Finance
$227k-308k (estimate)
Full Time | Accommodations 3 Months Ago
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Kimpton Hotels & Restaurants is Hiring a Director of Finance Near New York, NY

The salary range for this role is $131,760 to $227,945. This is the lowest to highest pay scale we in good faith believe we would pay for thisrole at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. Anemployee's pay position within the pay range will be based on several factors including, but limited to, relevant education, qualifications,certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, and
business or organizational needs.


**This job is also eligible for bonus pay.


We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401k, and any other benefits to eligibleemployees.

You can apply for this role through the link below (or through internal career site if you are a current employee).


Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount andavailability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company'ssole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Why We're Here

We believe heartfelt, human connections make people's lives better. Especially the people who work here.

Our founder, Bill Kimpton rebelled against impersonal, generic hospitality that makes people feel disconnected. He initiated a new boutique hotel standard and environment where people could connect, from the heart. That was the goal then, and it is still our purpose today.

Your work here has meaning. You're here to improve the lives of coworkers, guests, owners, communities, and together we make that happen. It's what drives all that we do. Every day you can improve lives in your own, unique way and you can expect the same in return. It all starts with you.

How We're Different

Our San Francisco-born entrepreneurial spirit and zest for life kick started this culture in 1981, and it shines through to this day.

It all flows from you. The lively, rebellious, genuine you - with your diverse background, talents, experiences, and plucky personality - is fully welcome, and celebrated here. Because we know that when people can be themselves at work, they shine.

That's what we seek out and celebrate. It's people of all kinds who share a knack for creativity and self-leadership. People who don't need to be told what to do to get things done. People who have an innate passion for making others' lives better.

It adds up to a work environment that's a bit quirky, irreverent, exciting, uncommon, empowering, and downright exceptional. Guests feel it; you'll feel it too.

What You'll Do

As an Area Director of Finance at Kimpton, you're a strategic partner who works with General Managers and Directors of Operations to provide financial expertise and achieve business goals. You direct accounting and control functions at your area properties while ensuring timely reporting of operating results and maintaining the integrity of the management information system.

Some of your responsibilities include:

  • Recruit, train, support and mentor Directors of Finance (DOFs) in your region to be true business partners.
  • Review of financial documents and monthly P&L packages prior to issuance.
  • Complete quarterly balance sheet reviews in Blackline and communicate any outstanding issues and/or liabilities regional leader.
  • Work in conjunction with Ops, Sales, and Revenue teams to complete area scrubs of budgets prior to submission to the regional team.
  • Build and maintain good relationships with all asset managers and attend all owner reviews.
  • Monitor hotel cash flow projections and ensure we are aligned with funding and distribution requirements per the HOA.
  • Ensure Sales and Use Tax laws are being followed and provide leadership for your teams with respect to tax audits.
  • Plan and coordinate all openings and transitions in your area to include the opening checklist, stub budgets, proration schedules, recruiting, hiring and training all finance staff.
  • Actively participate on the area team and collaborate with fellow Area DOFs on projects, policies, and procedures, etc.
  • Provide accounting teams with the resources, training, and empowerment to carry out their responsibilities. Develop each person's talents and skills to their full potential to improve their contribution to the success of the business.
  • Monitor financial performance by ensuring internal controls are in place, monitoring controls to ensure maximum flow and profit, ensuring DOFs are performing, etc.

What You Bring

  • Bachelor's Degree in Accounting or Business Studies is preferred. Master's Degree and/or CPA is a plus.
  • 3 to 4 years of director-level experience in hospitality finance is preferred.
  • Outstanding communication skills and the ability to implement strategic plans.
  • Excellent financial modeling, project management, and critical thinking skills with a strong work ethic.
  • Prior experience with PeopleSoft or similar accounting package, SAP/BPC is preferred.
  • Strong computer skills and proficiency in Microsoft Office Suite (with an emphasis on Excel).

Differences make a difference. We are committed to creating a culture that reflects the diversity of our hotel and restaurant guests. With that goal in mind, we encourage each of our employees to understand, accept, and celebrate differences among people. That includes different personalities, lifestyles, work styles, education, and experience. We also welcome and embrace people of all races, ethnicities, ages, religions, physical abilities, sexual orientation, gender identities and genders. For our complete EEO policy click here.

Be Yourself. Lead Yourself. Make it Count.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Accommodations

SALARY

$227k-308k (estimate)

POST DATE

01/18/2024

EXPIRATION DATE

03/29/2024

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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.

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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.

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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.

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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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