What are the responsibilities and job description for the Director of Finance position at The Godfrey Hotel Hollywood?
Company Description
The Godfrey Hotel Hollywood, situated a block south of Sunset Boulevard, captures the essence of Hollywood's iconic charm with its curated art program and distinctive interior design. This vibrant destination features 220 stylish guestrooms, one of the largest rooftops in Los Angeles, four on-site bars, unique indoor-outdoor event spaces, and About Last Knife, a chef-driven gastropub. Located within walking distance of Sunset Boulevard, the Hollywood Walk of Fame, and entertainment hubs, it offers a dynamic experience for both guests and employees, embracing a philosophy to “discover your element.”
Role Description
The Director of Finance provides strategic and operational financial leadership for the hotel, including oversight of Food & Beverage financial performance. This role ensures the integrity of financial reporting, safeguards assets, maintains strong internal controls, and drives profitability. As a key member of the Executive Committee, this role partners with leadership to support informed decision-making and long-term business success.
Financial Strategy & Leadership
- Serve as a strategic advisor to the General Manager and Executive Committee
- Analyze financial and operational performance to identify trends and opportunities
- Evaluate financial impact of decisions and recommend corrective actions
- Provide detailed analysis of F&B margins including food cost %, beverage cost %, and labor cost ratios
Financial Reporting & Controls
- Ensure timely and accurate financial reporting in accordance with US GAAP
- Oversee accounting functions including GL, AP/AR, payroll, and cash management
- Maintain strong internal controls across all financial processes
- Ensure timely balance sheet reconciliations
Budgeting, Forecasting, & Analysis
- Lead annual budgeting and forecasting processes
- Monitor performance against budget and prior year
- Provide insights to improve profitability and cost efficiency
Food & Beverage Financial Oversight
- Oversee financial reporting and analysis for all F&B outlets including restaurants, bars, and banquets
- Partner with F&B leadership on menu engineering, pricing, and cost control strategies
- Analyze labor productivity and ensure compliance with California wage and hour laws
- Monitor inventory controls, waste, and shrinkage
- Evaluate banquet and catering profitability
- Support forecasting and budgeting for F&B operations
Compliance & Risk Management (California)
- Ensure compliance with federal, state, and local laws including CA labor laws
- Oversee tax compliance including sales/use tax and transient occupancy tax
- Ensure compliance with gratuity, service charge, and tip reporting laws
- Manage audits and regulatory reporting
Team & Leadership
- Recruit, train, and develop finance team members
- Promote accountability and continuous improvement
Qualifications
Education & Experience
Bachelor’s degree in Accounting, Finance, or related field preferred
8 years progressive experience OR equivalent combinations
Hospitality experience required; F&B financial experience strongly preferred
Knowledge & Skills
Strong financial analysis and reporting skills
Knowledge of US GAAP and CA compliance
Strong communication and leadership abilities
Equal Employment Opportunity
We are an equal opportunity employer and comply with all applicable laws.
At Will Employment
Employment is at-will and may be terminated at any time with or without cause.