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The Charleston Place
The Charleston Place, | Full Time
$72k-85k (estimate)
1 Week Ago
Financial Analyst
The Charleston Place The Charleston Place,
$72k-85k (estimate)
Full Time 1 Week Ago
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The Charleston Place is Hiring a Financial Analyst Near The Charleston Place,

We believe that hospitality is a transformative art — that this “place” can do more than inspire and nurture its guests, team, and partners. It can inspire an entire city, country, and world. By captivating the hearts and imaginations of a new generation with renewed passion, purpose, and intention, we’re building a hospitality company and place that celebrates humanity. Where we can be a source of hope, care, and delight. Where people are inspired to be the best version of themselves — kinder, more open, and more gracious. And, that we have the power to carry that spirit with us into our hearts, lives, communities, and everywhere we go.

Job Description

While no job description can possibly provide a comprehensive list of job duties, the following is a summary of the major responsibilities for the position.

Duties/Responsibilities:

Key Responsibilities:

  • Analyze financial data, trends, and performance metrics to generate reports that guide management decisions.
  • Prepare and manage detailed financial models to forecast hotel performance, budgeting, and revenue projections.
  • Conduct monthly, quarterly, and annual variance analyses between actual results and budget/forecast.
  • Support the Director of Finance with capital expenditure planning, project analysis, and cash flow management.
  • Assist in preparing financial reports and presentations for senior management and stakeholders.
  • Collaborate with various departments to optimize cost control initiatives and profitability strategies.
  • Monitor key financial indicators (KPI) related to occupancy rates, revenue per available room (RevPAR), and guest spending.
  • Ensure accurate and timely reporting for internal and external audits.
  • Support the annual budget preparation process and continuous forecast updates.
  • Participate in ad hoc financial projects and analyses as required.
  • Strong understanding of financial statements (P&L, Balance Sheet, Cash Flow) and variance analysis.
  • Advanced skills in Microsoft Excel; familiarity with financial software such as SAP, Oracle, or similar.
  • Excellent analytical and problem-solving skills.
  • Strong communication skills and ability to present financial data to non-financial stakeholders.
  • Detail-oriented with the ability to manage multiple tasks and meet deadlines.

Financial Reporting: Ability to prepare and analyze key financial statements (income statement, balance sheet, cash flow statement) and help with the financial close process​.

Accounting Systems: Exposure to financial software (e.g., SAP, Oracle, or QuickBooks) to manage and track financial data​.

Analytical Skills:

  • Budgeting and Forecasting: Experience assisting with the preparation of budgets and forecasts, helping more senior team members with financial projections​
  • Data Interpretation: Basic ability to interpret financial data, identify trends, and provide insights to support decision-making​

Problem-Solving: Capacity to assist in identifying areas for cost reduction or revenue optimization through financial analysis.

Required Skills/Abilities:

Technical Skills:

  • Financial Analysis: Proficiency in reviewing financial data, conducting variance analysis, and assisting in budget preparation​.
  • Microsoft Excel: Strong command of Excel for financial modeling, data analysis, and reporting. Familiarity with functions like pivot tables, VLOOKUP, and basic macros is essential​.
  • Proficiency in financial software and systems (e.g., Business Central, ProfitSword and INFOR, Workday, Microsoft Office Suite).

Industry-Specific Skills (Hospitality or Luxury Hotel Experience Preferred):

Understanding of Key Metrics: Knowledge of hotel-specific financial metrics, such as occupancy rates and revenue per available room (RevPAR), is a plus but can be developed on the job.​

Revenue Tracking: Basic understanding of revenue management and tracking in the context of the hospitality industry.​

Education and Experience:

  • High school diploma or equivalent.
  • Bachelor’s Degree: Degree in Finance, Accounting, Economics, or a related field is typically required.
  • Certifications: Pursuing certifications such as CFA Level I, CPA, or similar credentials can boost career prospects, but they are often not required for entry-level positions​

Physical Requirements:

The physical demands described here are representative of those that must be met by a colleague to successfully perform the essential functions of this job:

  • Must be able to lift equipment, supplies, etc. of at least 30 pounds.
  • Must be able to resolve problems, handle conflict, and make effective decisions under pressure.
  • The role may require extended periods of time on your feet, especially during peak hotel hours or events.
  • Good hearing is necessary for effective communication with colleagues, guests, and stakeholders.

Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

CLOSING DETAILS:

BHC is an equal employment opportunity employer. Employment decisions are based on merit and business needs, and are not based on race, color, sex (including pregnancy, childbirth, and related medical conditions), citizenship status, national origin, ancestry, gender identity or expression, sexual orientation, age, religion, creed, physical or mental disability, marital status, veteran status, uniformed service, political affiliation, genetic information, or any other factor or characteristic protected by applicable law. 

_______________________________________________________________________________

The Charleston Placeis an equal employment opportunity employer. Employment decisions are based on merit and business needs, and are not based on race, color, sex (including pregnancy, childbirth, and related medical conditions), citizenship status, national origin, ancestry, gender identity or expression, sexual orientation, age, religion, creed, physical or mental disability, marital status, veteran status, uniformed service, political affiliation, genetic information, or any other factor or characteristic protected by applicable law. 

Job Summary

JOB TYPE

Full Time

SALARY

$72k-85k (estimate)

POST DATE

01/09/2025

EXPIRATION DATE

03/08/2025

WEBSITE

charlestonplacemd.com

HEADQUARTERS

ELLICOTT CITY, MD

SIZE

<25

FOUNDED

2014

CEO

CRYSTAL PHIPPS

REVENUE

<$5M

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

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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.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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