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The Dupont Circle
Washington, DC | Full Time
$192k-255k (estimate)
2 Weeks Ago
Director of Finance
The Dupont Circle Washington, DC
$192k-255k (estimate)
Full Time | Accommodations 2 Weeks Ago
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The Dupont Circle is Hiring a Director of Finance Near Washington, DC

Director of Finance

Contract: Permanent
Salary: Competitive

We are seeking a diligent and detail-oriented Director of Finance at The Dupont Circle Hotel. In this exciting role, you will play a pivotal part in shaping the financial strategy and ensuring the financial health of our business. Reporting directly to the General Manager and with a dotted line to Group Finance, you will oversee all aspects of financial management, accounting, and budgeting, contributing to the overall success and profitability of the hotel. You will also work closely with the wider Finance team, led by the Chief Financial Officer.

Key Responsibilities:

  • Financial Strategy & Planning - Develop and execute comprehensive financial plans aligned with the Hotel’s goals
  • Tax, Insurance & 401K – Manage all aspects of Real Estate Tax, company health insurance programme and the annual filings, payment an audit of 401K
  • Financial Management – oversee the day-to-day financial operations including accounts payable, accounts receivable, payroll, commission and cash management
  • Budgeting & Forecasting – Lead the annual budgeting process, working closely with department heads to establish realistic revenue, expense and profitability targets
  • Financial Reporting & Analysis – prepare management accounts and financial analysis
  • Payroll – management of all payroll administration, processing and auditing, management of the relationship with the external payroll provider
  • Team Leadership & Development – Recruit, train and mentor a high performing finance team

Experience and Qualifications:

  • Bachelor’s degree in Finance, Accounting, or a related field; MBA or CPA preferred
  • Minimum of 10 years of progressive experience in finance or accounting roles within the hospitality industry, preferably in luxury hotels
  • Strong analytical skills and proficiency in financial modelling, forecasting, and budgeting
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate and influence stakeholders at all levels
  • Proven leadership experience, with a track record of successfully leading and developing teams
  • Thorough understanding of hotel operations, revenue management principles, and industry best practices
  • Proficiency in financial management software and Microsoft Excel; familiarity with hotel property management systems (PMS) and payroll management systems is a plus

The perks of working at The Dupont Circle

  • Free meals on duty as well as breakfast to get you started and all-day tea and coffee for the caffeine lovers
  • Great health plan and benefits
  • Plan for your future with our 401k plan
  • Great location with easy access to the Metro and commuter benefits
  • Discounted hotel rooms in the UK, Ireland and USA for you, your family and friends
  • 50% off food when dining with the Doyle Collection

Job Summary

JOB TYPE

Full Time

INDUSTRY

Accommodations

SALARY

$192k-255k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

06/30/2024

WEBSITE

dupontatthecircle.com

HEADQUARTERS

Washington, DC

SIZE

<25

INDUSTRY

Accommodations

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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.

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Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.

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Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.

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The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.

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They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.

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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.

Career tips from people on Director of Finance jobs

Becoming a director of finance requires a combination of education and relevant work experience.

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They must also be good team players, with management skills to lead the finance department.

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At least 10 years of accounting and finance experience.

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Create partnerships with the other stakeholders.

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The Finance Director should have strong people skills, be a team player and be a proficient multitasker.

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Step 3: View the best colleges and universities for Director of Finance.

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