Director of Finance

Parable Hospitality is looking for a Director of Finance to join the team! The Director of Finance is the senior financial executive for the property and serves as the General Manager’s primary financial partner and strategic advisor. This role is responsible for the complete financial performance of the hotel — across all revenue centers and expense departments — and translates financial results into actionable insights that drive operational decisions. The Director of Finance leads the annual budgeting and forecasting process, owns the integrity of all financial reporting, and ensures the accounting team operates at the highest standard of accuracy, compliance, and efficiency. This role is forward-looking, not only reporting what happened, but informing what should happen next.

Essential Functions and Responsibilities:

• Accounting Operations:
• Oversee the monthly and annual close process, ensuring timely and accurate financial reporting.
• Prepare financial statements and cash flow reports in compliance with GAAP, SOX, and USALI standards.
• Serve as the subject matter expert on core accounting software.
• Collaborate with the payroll manager to ensure accurate payroll processing and labor reporting is integrated into financial statements.
• Implement and optimize accounting software and systems to streamline processes, reduce manual entry, and enhance reporting accuracy and efficiency.
• Provide monthly consolidated reporting for the enterprise.
• Prepare year-end reporting for outside CPA firms.
• Own the accuracy and integrity of all financial reporting across the property and, where applicable, the broader portfolio.

• Financial Analysis and Reporting:
• Analyze financial results and identify opportunities for operational improvements; deliver findings to the GM and department heads in a clear, actionable format.
• Provide daily, weekly, and monthly financial insights to the GM and department heads — actionable commentary, not just numbers.
• Conduct regular balance sheet analyses to ensure accuracy and identify any discrepancies or areas of concern.
• Ensure accurate tracking and recording of all property capital improvements to maintain compliance with company policies.
• Understand RevPAR, ADR, occupancy, and revenue management strategy at a level sufficient to contribute meaningfully to commercial planning discussions.
• Understand the economics of F&B operations, including cost of goods sold, labor ratios, outlet-level profitability, banquet contribution margins, and the financial impact of menu and pricing decisions.
• Partner with the F&B Director, Rooms Division Manager, and other department heads to actively drive profitability.
• Identify financial risks and opportunities before they materialize; present findings proactively with recommended action steps.
• Budget and Forecast Leadership:
• Lead the annual budgeting process.
• Lead all periodic forecasting cycles (weekly flash, monthly reforecast, rolling 90-day forecast) and ensure forecasts are realistic, operationally grounded, and delivered on time.
• Support the SVP of Accounting and Finance in preparing capital plans and long-range financial projections.
• Develop guidelines, templates, and timelines for budget and forecast preparation that department leaders can use independently.
• Internal Controls and Compliance:
• Establish and maintain internal controls to protect company assets, including purchasing authorization, receiving procedures, cash handling, and revenue audit.
• Maintain employee credit card expense management, ensuring all transactions are properly recorded and audited for compliance with company policies.
• Proactively design and implement internal control systems that mitigate financial risks, safeguard assets, and ensure compliance with all financial regulations, tax requirements, and company policies.
• Ensure full compliance with brand standards, ownership requirements, management agreements, and applicable regulatory obligations.
• Serve as a liaison for external auditors, tax advisors, and other financial partners; manage those relationships professionally and proactively.
• Direct and oversee the internal audit process for all hotel properties, ensuring that audit findings are communicated and corrective actions are implemented effectively.
• Audit Management:
• Lead the annual audit process from planning through issuance.  Coordinate timeline, manage the auditor relationship, assign staff responsibilities, and oversee resolution of all findings.
• Review and approve the complete audit package before external auditors begin fieldwork.
• Respond to management letter comments from prior audit cycles and ensure all corrective actions are implemented and documented before the next audit.
• Prepare ownership, the GM, or the audit committee for audit results.  Explain findings and their significance in plain business terms.
• Maintain a culture of year-round audit readiness so that no area of the hotel is underprepared when fieldwork begins.
• Team Leadership:
• Recruit, train, and mentor accounting staff, fostering a collaborative and high-performing team.
• Provide regular feedback, performance evaluations, and opportunities for professional development.
• Manage and develop the accounting team with an eye toward succession.  Identify who is ready to grow and actively prepare them for the next level.
• Coach team members on both technical accounting skills and professional effectiveness; does not simply manage tasks, but builds capability.
• Operational Support:
• Provide context, perspective, and recommendations that support operational decision-making.
• Partner with ownership, asset managers, and corporate finance on financial reporting, capital expenditure planning, and special analysis requests.
• Lead acquisition and disposition accounting activities, including set up, opening entries, closing entries, and transition support.
• Collaborate with property General Managers to ensure accurate financial processes.
• Assist in the development of standard operating procedures for accounting tasks.
• Support the implementation of financial systems and tools to improve efficiency.
• Communicate roadblocks proactively and in an action-oriented manner — bring the issue and a proposed resolution to the right person to effect change.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field; CPA preferred.
• 8 years of progressive accounting experience, with at least 3 years in a senior leadership role at the property or portfolio level.
• Strong knowledge of GAAP, USALI, and hospitality financial practices.
• Experience managing financial operations for hotel properties, including F&B operations; full-service hotel experience strongly preferred.
• Demonstrated ability to lead the full budget and forecast cycle, including presenting to ownership and senior leadership.
• Proven track record of managing external audits independently from planning through issuance.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Strong organizational and leadership skills, with a focus on meeting deadlines and developing team members.
• Effective communicator with the ability to translate financial data into meaningful business insights for non-financial audiences.

Health Benefits, Travel Perks & More
Medical, Dental and Vision Insurance, 401k, Vacation and Sick Leave are offered with this position along with a Team Member Travel Program, encouraging each team member to visit sister properties and enjoy exclusive team member rates for rest and relaxation. 

Salary Range: $155,000-$170,000 annually

Salary : $155,000 - $170,000