Limelight Hotels
Director of Finance - Limelight Mammoth
Limelight Hotels, Mammoth Lakes, California, United States, 93546
Overview
The Director of Finance is responsible for the strategic and procedural financial operations for multiple properties. The duties and responsibilities of your position will include supervising and directing the financial and accounting activities of the hotels under their scope. This includes AP, AR, credit and collections, payroll, cash management, internal controls, auditing, general ledger, financial statements, taxes, and budgeting. This position is based at Limelight Mammoth with oversight and support to Limelight Ketchum. This position reports to the Senior Director of Finance and is a key partner to the Hotel General Manager. Compensation
The salary range for this position is $120,000 - $150,000. Actual pay will be dependent on budget and experience; all salaried roles are eligible for bonus. Responsibilities
Create and execute business plans that are aligned with the properties and brand’s business strategies Plan, organize, direct and control the financial operations while ensuring the security of hotel assets, maximizing the return on investment, providing timely and accurate reporting and analysis of results and integrity of the management information systems As a member of the hotel’s Executive Committee, the Director of Finance is a highly visible role with exposure to Senior Corporate leaders and Asset Managers of owning entities Lead in the completion, review and presentation of monthly forecasts, annual operating and capital budgets and business plans prepared by hotel management team to provide stakeholders with reasonable and achievable guidelines of performance aligned with the Company’s and brand’s strategic direction Prepare accurate, timely and complete monthly financial statements with detailed workpapers and schedules in accordance with the company’s policies and procedures, applicable hotel management agreements, and GAAP Responsible for risk management to preserve hotel property and reduce potential liability claims Manage and control receivables, payables, credit, payroll, cash handling, and treasury functions with the hotel’s accounting department staff Distribute outlook and forecast information as an up-to-date management tool for operating departments, review and analyze variance versus actual results to measure and improve accuracy Maintain insurance coverage for protection against property losses and potential liabilities and ensure that all licenses, permits, contracts and legal agreements are up to date Use financial and operational performance analysis, including benchmarking, to maximize hotel’s revenue, GOP flow-through and bottom-line financial return Comply with record retention as required for internal and external audits, coordinate audit visits, respond to auditor requests, government regulations, federal, state and local laws and contractual agreements, including CBA’s Monitor purchasing/ordering/delivery compliance, analyze reports from company-mandated buying programs, and approve all purchases and expenses Other duties as assigned Qualifications
Education & Experience Requirements
Bachelor’s degree in Finance or related field Minimum of 7 years as a Director of Finance in a hotel Knowledge, Skills & Abilities
Knowledge with hotel property management software, point of sale systems, electronic time clock systems, spreadsheet software and other hotel applications Knowledge of budgeting, forecasting, and capital project accounting Proficient knowledge in Microsoft Word, Excel and PowerPoint Proficient knowledge of all aspects of hotel accounting; ability to analyze and improve processes to enhance efficiency and effectiveness Ability to cross collaborate with cross-functional teams, including finance, operations, and sales, to ensure integrated project execution Ability to lead by utilizing interpersonal and communication skills to influence and encourage others, advocate for sound financial decisions, and lead by example Strong interpersonal skills and full understanding of professional business ethics with team and guests Excellent oral (presentation) and written communication and organization skills Ability to effectively analyze and use operational, financial, and marketing data to maintain and improve market share/penetration goals Ability to work well under deadline pressure and adapt to a constantly changing market Ability to develop and implement local accounting and financial control procedures and systems to ensure key controls, safeguard assets, improve operations and profitability Ability to provide leadership by clearly communicating financial concepts when rolling out initiatives and projects, measures and reports on actual versus anticipated results Ability to develop, implement and monitor hotel-specific accounts receivable credit and collection practices in compliance with company-level policies and procedures Ability to follow company policies and local standard operating procedures Work Environment & Physical Demands
Ability to stand, type and sit at desk/computer for most of the work shift executing repetitive movements No adverse or hazardous conditions Not required, but preferred to be able to occasionally lift, push or pull 25 lbs. individually or with assistance Job Benefits
This position is classified as a regular full-time position eligible for the following benefits: Health, Dental and Vision Insurance Programs Flexible Spending Account Programs Life Insurance Programs Paid Time Off Programs Paid Leave Programs 401(k) Savings Plan Employee Ski Pass Other company perks This job description is for Limelight Hotels by Aspen One. Aspen One is an equal opportunity employer (Minority/Female/Disabled/Veteran). Inclusion, equity, and diversity are fundamental to our workplace. For an overview of our benefits visit www.aspensnowmass.com/employment/benefits-and-perks. Aspen One participates in E-Verify. E-Verify & Right to Work Poster
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The Director of Finance is responsible for the strategic and procedural financial operations for multiple properties. The duties and responsibilities of your position will include supervising and directing the financial and accounting activities of the hotels under their scope. This includes AP, AR, credit and collections, payroll, cash management, internal controls, auditing, general ledger, financial statements, taxes, and budgeting. This position is based at Limelight Mammoth with oversight and support to Limelight Ketchum. This position reports to the Senior Director of Finance and is a key partner to the Hotel General Manager. Compensation
The salary range for this position is $120,000 - $150,000. Actual pay will be dependent on budget and experience; all salaried roles are eligible for bonus. Responsibilities
Create and execute business plans that are aligned with the properties and brand’s business strategies Plan, organize, direct and control the financial operations while ensuring the security of hotel assets, maximizing the return on investment, providing timely and accurate reporting and analysis of results and integrity of the management information systems As a member of the hotel’s Executive Committee, the Director of Finance is a highly visible role with exposure to Senior Corporate leaders and Asset Managers of owning entities Lead in the completion, review and presentation of monthly forecasts, annual operating and capital budgets and business plans prepared by hotel management team to provide stakeholders with reasonable and achievable guidelines of performance aligned with the Company’s and brand’s strategic direction Prepare accurate, timely and complete monthly financial statements with detailed workpapers and schedules in accordance with the company’s policies and procedures, applicable hotel management agreements, and GAAP Responsible for risk management to preserve hotel property and reduce potential liability claims Manage and control receivables, payables, credit, payroll, cash handling, and treasury functions with the hotel’s accounting department staff Distribute outlook and forecast information as an up-to-date management tool for operating departments, review and analyze variance versus actual results to measure and improve accuracy Maintain insurance coverage for protection against property losses and potential liabilities and ensure that all licenses, permits, contracts and legal agreements are up to date Use financial and operational performance analysis, including benchmarking, to maximize hotel’s revenue, GOP flow-through and bottom-line financial return Comply with record retention as required for internal and external audits, coordinate audit visits, respond to auditor requests, government regulations, federal, state and local laws and contractual agreements, including CBA’s Monitor purchasing/ordering/delivery compliance, analyze reports from company-mandated buying programs, and approve all purchases and expenses Other duties as assigned Qualifications
Education & Experience Requirements
Bachelor’s degree in Finance or related field Minimum of 7 years as a Director of Finance in a hotel Knowledge, Skills & Abilities
Knowledge with hotel property management software, point of sale systems, electronic time clock systems, spreadsheet software and other hotel applications Knowledge of budgeting, forecasting, and capital project accounting Proficient knowledge in Microsoft Word, Excel and PowerPoint Proficient knowledge of all aspects of hotel accounting; ability to analyze and improve processes to enhance efficiency and effectiveness Ability to cross collaborate with cross-functional teams, including finance, operations, and sales, to ensure integrated project execution Ability to lead by utilizing interpersonal and communication skills to influence and encourage others, advocate for sound financial decisions, and lead by example Strong interpersonal skills and full understanding of professional business ethics with team and guests Excellent oral (presentation) and written communication and organization skills Ability to effectively analyze and use operational, financial, and marketing data to maintain and improve market share/penetration goals Ability to work well under deadline pressure and adapt to a constantly changing market Ability to develop and implement local accounting and financial control procedures and systems to ensure key controls, safeguard assets, improve operations and profitability Ability to provide leadership by clearly communicating financial concepts when rolling out initiatives and projects, measures and reports on actual versus anticipated results Ability to develop, implement and monitor hotel-specific accounts receivable credit and collection practices in compliance with company-level policies and procedures Ability to follow company policies and local standard operating procedures Work Environment & Physical Demands
Ability to stand, type and sit at desk/computer for most of the work shift executing repetitive movements No adverse or hazardous conditions Not required, but preferred to be able to occasionally lift, push or pull 25 lbs. individually or with assistance Job Benefits
This position is classified as a regular full-time position eligible for the following benefits: Health, Dental and Vision Insurance Programs Flexible Spending Account Programs Life Insurance Programs Paid Time Off Programs Paid Leave Programs 401(k) Savings Plan Employee Ski Pass Other company perks This job description is for Limelight Hotels by Aspen One. Aspen One is an equal opportunity employer (Minority/Female/Disabled/Veteran). Inclusion, equity, and diversity are fundamental to our workplace. For an overview of our benefits visit www.aspensnowmass.com/employment/benefits-and-perks. Aspen One participates in E-Verify. E-Verify & Right to Work Poster
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