Overview
This Executive Level position will oversee all aspects of the Finance/Accounting Department at the property. The Director of Finance will report to the General Manager with dotted lines to the Regional VP of Finance. Will act as a mentor and be very involved with the day-to-day operations of the hotel and the department.
Responsibilities
RESPONSIBILITIESEffectively manage and communicate cash flow related issues, as required to management and ownership.Coordinate the completion of all forecasts and budgets as required, with the full and active participation of Executive Team and department managers.Analyze financial data and operations to assist and advise management in maintaining the hotels’ financial objectives.Ensure that all balance sheet accounts are reconciled on a timely basis.Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.Direct and/or prepare all financial reports in accordance with the company’s requirements meeting various due dates and deadlines.Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes
QUALIFICATIONSTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCEFour-year college degree, with a major in accounting/finance. At least 5 years of Accounting or finance experience at an Associate Director or Director level, preferably within hotel accounting vertical.
Experience operating in a centralized accounting environment preferred.
CERTIFICATES, LICENSES, REGISTRATIONSNone
LANGUAGE SKILLSStrong written and verbal communication skills
REASONING / ORGANIZATIONPossesses strong organizational and project management skills, is multi-task oriented, and has a track record of meeting deadlines and delivering goals.
PHYSICAL DEMANDS
The physical demands described here are representative of those thatmust be met by an employee to successfully perform the essential functions of this job.Reasonable accommodations may be made to enable individuals with disabilities to perform theessential functions.
WORK ENVIRONMENTThe work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is performed in a typical office environment. Care must be taken to keep noise levels low enough to not disrupt co-workers.
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