91 Director of Finance Jobs in New York, NY
The Langham is Hiring a Director of Finance Near New York, NY
- Lead, guide and advise the hotel team on forecasting, budgeting, and finance operations/issues.
- Recommend on current and future operations’ analysis and interpretation.
- Review finance contracts.
- Develop operational finance tools by carrier and product.
- Execute designated improvement processes and enhanced cash flow initiatives.
- Update on emerging technology changes and innovations through reading of business and professional publications, networking and involvement in professional organizations.
- Analyzes financial data of operations in order to educate and advise hotel staff and management on the value and benefits of internal controls and maintaining an efficient operation. Assists and counsels all department heads in the interpretation of financial data and recommends courses of action to maximize profitability.
- Monitors and approves all sales, purchases, salaries, and expenses of the hotel with Managing Director.
- Prepares, reviews, and presents the Monthly Report of Operations. Prepares the monthly, three and six month projections and budgets throughout the year and advises hotel management, corporate office, and owners of any major variances and their impact on the operation.
- Prepares forecasts and budgets as required (Annual, Revised Annual, Monthly, and/or on Corporate/Owner’s requests). Develops and monitors internal controls to safeguard hotel assets. Maintains adequate internal control over revenues, expenses, assets and liabilities of the hotel and ensure accounts are maintained according to GAAP and Uniform System of Accounts.
- Hires, trains, and supervises Finance Department staff including coaching, counseling, and discipline. Direct accounting staff to ensure accurate accounting and timely reporting of financial data to department heads, hotel management, corporate office, and owners in accordance with GAAP and Langham guidelines. Monitor professional development of hotel staff to ensure meeting of training, professional development and property needs. Train, mentor and offer career development opportunities through quality management activities.
- Ensures that all licenses, permits, and insurance policies are current and are in compliance with local, state, and Federal laws. Monitors all contracts and agreements and advises hotel management of the terms, conditions and benefits.
- Assumes cash management responsibilities, including preparation of statement of cash flow and, if necessary, statement of changes in financial position. Establishes and audits all internal financial controls, including purchasing, cash handling and disbursements, inventories, hotel equipment, master keys, and personnel time records.
- Provides financial oversight of the capital expenditure process. Ensures capital projects are completed within established critical path and financial projections. Conducts post completion audits of capital projections.
- Ensures hotel is in compliance with Corporate Policies and governmental rules and regulations.
- Reports irregularities and non-compliant situations to General Manager/Managing Director.
- Assumes leadership role in the education of supervisory staff in financial management.
- Ensures timely completion of all balance sheet account reconciliations.
- Ensures that the best interest of the hotel and owners are protected. Seeks legal advice, if deemed necessary.
- Ensures compliance with financial record retention policies.
- Administers the competitive bidding process.
- Cooperates with Internal/External audits. Implements agreed upon recommendations.
- Ensures timely customer satisfaction (external and internal) on accounting related inquiries and requests.
- Oversees responsibilities of computer networking operations and computer applications within the hotel.
- Attends other departmental meetings to keep appraised of other operations and to provide outside input to enhance the department’s operation.
- Performs other duties that may be assigned by the Managing Director or Corporate Finance.
- Four-year college degree required
- At least 5 years’ experience in Finance field required; 2 years as Director of Finance
- Hospitality experience required
- Knowledge of computers and training techniques
- Knowledge of departmental and hotel operations
- Knowledge of business law, federal, state, and local taxes, as well as Department of Labor regulations
- Knowledge of insurance, employee benefits, claims and liability
- Knowledge of Uniform Systems of Accounting
- Ability to read, write, and speak the English language to communicate effectively
- Ability to exercise judgment in evaluating situations and in making sound decisions
- Ability to analyze and interpret financial data
- Leadership and organizational skills (team orientation, flexible, adaptable)
- Ability to analyze large volume of complex financial information from many sources and create reports, forecasts projections
- Basic understanding of complex computerized financial systems and ability to use it including manual dexterity to operate all office machines
- Knowledge of various computer programs, such as Word and Excel. Knowledge of SunSystems, Infor Q&A and BirchStreet preferred.
- Activities include talking, seeing, feeling, hearing, touching, grasping, lifting.
- Able to do various physical movements throughout the work areas.
- Sitting to a large degree up to 80 % of work day
- Considerable repetitive motion of hands and wrists as relates to the use of computer keyboards and other office machines.
- Exerts physical effort in transporting 10lbs to 20lbs
- CPA a plus
EOE, including disability vets
Job Summary
Full Time
$211k-285k (estimate)
04/23/2024
06/22/2024
langhamhotel.com
Boston, MA
<25
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The job skills required for Director of Finance include Accounting, Leadership, CPA, Internal Control, Forecasting, 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.
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.
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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