EOS Hospitality
Area Director of Finance
EOS Hospitality, Washington, District Of Columbia, United States, 20022
5 days ago Be among the first 25 applicants
Job Overview The Area Director of Finance is the financial leader of assigned hotels. Oversees all areas in finance, especially payroll, budgeting, forecasting and relevant duties. Supporting multiple hotels requires an ability to demonstrate excellent leadership skills, provides accurate and timely financial reports as requested by leadership and corporate. Implements internal control procedures that safeguard leaders, owner, assets and complies with Federal, State and Local regulations.
Responsibilities
Supports multiple hotels across all areas of financial compliance and reporting, budgeting development and management.
Readily assists in the operation of each leader's department and special projects. Identifies risks and presents solutions that guide leaders in making effective decisions that meet the financial interests of the hotels.
Develops annual operating budget, operating plan and financial goals. Achieves budgeted revenues, costs and profits through accounting diligence and expenditure controls and proficient accounting practices.
Sets written priorities and key objectives for each department head quarterly including action plan and completion date. Follow up to assure successful implementation and follow-through and take corrective action in the event of failure to meet assigned objectives.
Monthly forecasting of operating staff and cost expenditures. Business planning in line with forecasted sales and costs including guidance to department heads.
Monthly review of financial statement to correct problems, assure spending is in line and plan for future business. Review and approve all expenses in "other expense" categories in all departments. Regularly review all major expenses to assure that monies are wisely expended.
Promotes associate morale and loyalty within their department and hotel, leading to reduced turnover. Communicates, counsels and assists in staff development. Visible and available to all associates in accordance with the Company's open door policy. Attends monthly department employee meetings whenever possible.
Assures level of experience, knowledge and ability to meet job requirements of all hotel management. Cost Controls Review controls and assure adherence at all times in order to protect the hotel's property/assets.
Review sales solicitation activities, room nights productivity and group room rates sold by sales. Review individual productivity and corrective actions are taken. Evaluate market mix and take action to best position the hotel for increased business. Involvement in sales solicitation of key accounts by reviewing contracts, meeting with sales department, visiting key account contacts in person and by phone.
Qualifications Education and Formal Training A four-year college degree (accounting preferred) or equivalent education/experience.
Experience Experience required by position is five to ten years of employment in a related position. Hotel experience is REQUIRED.
Knowledge, Skills and Abilities
Knowledge of all hotel accounting functions performed by the subordinate reporting directly or indirectly.
Advanced knowledge of the accounting, finance and hospitality professions.
Ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions.
Office Management, Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, Closing the books and preparing the Balance Sheet Package.
We offer great benefits and perks. Medical, dental, vision, ancillaries, sister property hotel discount, and much more.
Seniority Level
Director
Employment Type
Full-time
Job Function
Finance and Sales
Industries
Hospitality
Referrals increase your chances of interviewing at EOS Hospitality by 2x.
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Job Overview The Area Director of Finance is the financial leader of assigned hotels. Oversees all areas in finance, especially payroll, budgeting, forecasting and relevant duties. Supporting multiple hotels requires an ability to demonstrate excellent leadership skills, provides accurate and timely financial reports as requested by leadership and corporate. Implements internal control procedures that safeguard leaders, owner, assets and complies with Federal, State and Local regulations.
Responsibilities
Supports multiple hotels across all areas of financial compliance and reporting, budgeting development and management.
Readily assists in the operation of each leader's department and special projects. Identifies risks and presents solutions that guide leaders in making effective decisions that meet the financial interests of the hotels.
Develops annual operating budget, operating plan and financial goals. Achieves budgeted revenues, costs and profits through accounting diligence and expenditure controls and proficient accounting practices.
Sets written priorities and key objectives for each department head quarterly including action plan and completion date. Follow up to assure successful implementation and follow-through and take corrective action in the event of failure to meet assigned objectives.
Monthly forecasting of operating staff and cost expenditures. Business planning in line with forecasted sales and costs including guidance to department heads.
Monthly review of financial statement to correct problems, assure spending is in line and plan for future business. Review and approve all expenses in "other expense" categories in all departments. Regularly review all major expenses to assure that monies are wisely expended.
Promotes associate morale and loyalty within their department and hotel, leading to reduced turnover. Communicates, counsels and assists in staff development. Visible and available to all associates in accordance with the Company's open door policy. Attends monthly department employee meetings whenever possible.
Assures level of experience, knowledge and ability to meet job requirements of all hotel management. Cost Controls Review controls and assure adherence at all times in order to protect the hotel's property/assets.
Review sales solicitation activities, room nights productivity and group room rates sold by sales. Review individual productivity and corrective actions are taken. Evaluate market mix and take action to best position the hotel for increased business. Involvement in sales solicitation of key accounts by reviewing contracts, meeting with sales department, visiting key account contacts in person and by phone.
Qualifications Education and Formal Training A four-year college degree (accounting preferred) or equivalent education/experience.
Experience Experience required by position is five to ten years of employment in a related position. Hotel experience is REQUIRED.
Knowledge, Skills and Abilities
Knowledge of all hotel accounting functions performed by the subordinate reporting directly or indirectly.
Advanced knowledge of the accounting, finance and hospitality professions.
Ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions.
Office Management, Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, Closing the books and preparing the Balance Sheet Package.
We offer great benefits and perks. Medical, dental, vision, ancillaries, sister property hotel discount, and much more.
Seniority Level
Director
Employment Type
Full-time
Job Function
Finance and Sales
Industries
Hospitality
Referrals increase your chances of interviewing at EOS Hospitality by 2x.
Get notified about new Regional Finance Director jobs in Washington, DC.
#J-18808-Ljbffr