Crescent Hotels & Resorts
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Director of Finance
role at
Crescent Hotels & Resorts
Compensation:
$140,000 to $160,000 per year
Uniquely located in the heart of Honolulu, guests have the convenience of the city outside their front door yet surrounded by the beauty of the island through stunning ocean views. At Renaissance Honolulu, we invite you to embrace adventure and embark on a journey beyond the ordinary.
At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our associates are the shining stars of what we do! We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, celebrate you and cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what you need. We are ready for you to start your journey with us where you belong. We Care. Shine Bright.
We Are Committed To Providing You With
Highly competitive compensation (salary range - $145,000-$155,000)
An exceptional benefit plan for eligible associates & your family members
401K matching program for eligible associates
Discounts with our Crescent managed properties in North America for you & your family members
Discounts at Marriott brand properties worldwide
Role Overview The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, support and is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.
What Will You Be Doing?
Evaluate the financial impact on business decisions.
Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
Effectively manage and communicate cash flow related issues, preparing accurate cash-flow statements and managing receivables, cash balances, and deposits.
Monitor hotel revenues and expenses and ensure accurate recording in accordance with Crescent Hotels and Resorts established guidelines, investigating variances to budget or prior year and offering improvement strategies.
Assist in capital planning, calculating returns on capital improvements and monitoring the bid process.
Ensure hotels’ compliance on all regulatory licenses, permits, leases, contracts, legal agreements, and operational taxes.
Coordinate completion of forecasts and budgets with management.
Analyze financial data and operations to assist management in maintaining the hotel’s financial objectives.
Reconcile all balance sheet accounts, including bank reconciliations, on a timely basis.
Establish and audit all internal financial controls across purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
Hire, train, supervise, and develop staff including coaching, counseling, and discipline.
Maintain compliance with Crescent Hotels and Resorts standards and regulations for safe and efficient operation.
Ensure proper utilization, maintenance and periodic upgrades of all IT systems and equipment.
Direct and prepare financial reports in accordance with CHR requirements, meeting various due dates and deadlines.
Review and submit a Daily Revenue Report and ensure timely deposit of all cash and credit cards.
Review Labor Report for overtime and variance to Forecast.
Review departmental Checkbooks, advise of any needed changes, distribute and discuss weekly G/L report with department managers.
Update GM on any unfavorable financial issues impacting the month.
Reconcile Balance Sheet with proper backup, ensure all banks are counted, review Key Financial Controls Checklist, and participate in monthly Credit Meetings.
Perform any other job‑related duties as assigned.
What Is Required?
A minimum of FOUR years’ experience as a Hotel Director of Finance.
Demonstrated knowledge and accuracy in P&L composition, forecast accuracy, budgeting, cash management, and overall financial management that exceeds owner expectations.
Prior experience with Hilton systems is preferred.
Advanced knowledge of Microsoft Office.
Self‑starting personality with an even disposition.
Strong communication skills.
Ability to exercise judgment in evaluating situations and in making sound decisions.
Our Differences Are What Makes Us Great At Crescent Hotels & Resorts we strive to create a great place to work where associates at all levels of our organization are respected for their differences, just like the guests and owners we serve. That’s why we are dedicated to creating an environment that facilitates open and honest conversations about race, equity, diversity, and inclusion. By examining our own beliefs and behaviors, we can create change through training, recruiting, and promoting diverse talent to strengthen our culture.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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Director of Finance
role at
Crescent Hotels & Resorts
Compensation:
$140,000 to $160,000 per year
Uniquely located in the heart of Honolulu, guests have the convenience of the city outside their front door yet surrounded by the beauty of the island through stunning ocean views. At Renaissance Honolulu, we invite you to embrace adventure and embark on a journey beyond the ordinary.
At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our associates are the shining stars of what we do! We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, celebrate you and cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what you need. We are ready for you to start your journey with us where you belong. We Care. Shine Bright.
We Are Committed To Providing You With
Highly competitive compensation (salary range - $145,000-$155,000)
An exceptional benefit plan for eligible associates & your family members
401K matching program for eligible associates
Discounts with our Crescent managed properties in North America for you & your family members
Discounts at Marriott brand properties worldwide
Role Overview The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, support and is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.
What Will You Be Doing?
Evaluate the financial impact on business decisions.
Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
Effectively manage and communicate cash flow related issues, preparing accurate cash-flow statements and managing receivables, cash balances, and deposits.
Monitor hotel revenues and expenses and ensure accurate recording in accordance with Crescent Hotels and Resorts established guidelines, investigating variances to budget or prior year and offering improvement strategies.
Assist in capital planning, calculating returns on capital improvements and monitoring the bid process.
Ensure hotels’ compliance on all regulatory licenses, permits, leases, contracts, legal agreements, and operational taxes.
Coordinate completion of forecasts and budgets with management.
Analyze financial data and operations to assist management in maintaining the hotel’s financial objectives.
Reconcile all balance sheet accounts, including bank reconciliations, on a timely basis.
Establish and audit all internal financial controls across purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
Hire, train, supervise, and develop staff including coaching, counseling, and discipline.
Maintain compliance with Crescent Hotels and Resorts standards and regulations for safe and efficient operation.
Ensure proper utilization, maintenance and periodic upgrades of all IT systems and equipment.
Direct and prepare financial reports in accordance with CHR requirements, meeting various due dates and deadlines.
Review and submit a Daily Revenue Report and ensure timely deposit of all cash and credit cards.
Review Labor Report for overtime and variance to Forecast.
Review departmental Checkbooks, advise of any needed changes, distribute and discuss weekly G/L report with department managers.
Update GM on any unfavorable financial issues impacting the month.
Reconcile Balance Sheet with proper backup, ensure all banks are counted, review Key Financial Controls Checklist, and participate in monthly Credit Meetings.
Perform any other job‑related duties as assigned.
What Is Required?
A minimum of FOUR years’ experience as a Hotel Director of Finance.
Demonstrated knowledge and accuracy in P&L composition, forecast accuracy, budgeting, cash management, and overall financial management that exceeds owner expectations.
Prior experience with Hilton systems is preferred.
Advanced knowledge of Microsoft Office.
Self‑starting personality with an even disposition.
Strong communication skills.
Ability to exercise judgment in evaluating situations and in making sound decisions.
Our Differences Are What Makes Us Great At Crescent Hotels & Resorts we strive to create a great place to work where associates at all levels of our organization are respected for their differences, just like the guests and owners we serve. That’s why we are dedicated to creating an environment that facilitates open and honest conversations about race, equity, diversity, and inclusion. By examining our own beliefs and behaviors, we can create change through training, recruiting, and promoting diverse talent to strengthen our culture.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr