Director of Finance

Director Of Finance

As Director of Finance, you will play a pivotal role in overseeing and managing all financial aspects of our hotel operations. This Steering Committee position will oversee all aspects of the Finance/Accounting Department in a centralized environment. The Director of Finance will report to the Managing Director. Will act as a mentor and be very involved with the day-to-day operations of the hotel and the department.

Responsibilities:

• Effectively manage and communicate cash flow related issues, as required to management and ownership.
• Coordinate the completion of all forecasts and budgets as required, with the full and active participation of Executive Team and department managers.
• Analyze financial data and operations in order to assist and advise management in maintaining the hotels' financial objectives.
• Ensure that all balance sheet accounts are reconciled on a timely basis.
• Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.
• Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
• Direct and/or prepare all financial reports in accordance with the company's requirements meeting various due dates and deadlines.
• Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.
• Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.
• Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.
• Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.

Qualifications:

• The successful candidate must have a minimum of 4 years of related work experience in a similar role.
• Previous supervisory and management experience in the hospitality industry preferred.
• Bachelor's or Graduate degree with a Business Administration, Accounting or Finance concentration.
• Must have the ability to assimilate complex information, data, etc., from disparate sources and consider, adjust or modify to meet the constraints of the particular need.
• Must be effective at listening to, understanding, and clarifying concerns and issues.
• Must be able to work with and understand financial information and data, and basic arithmetic functions.
• Certified Public Accountant (CPA) preferred.

Compensation: Highly competitive salary, incentive structure, and overall benefits package.