Area Dir Finance

Sage Hospitality Group is looking for an Area Director of Finance to join us supporting the Embassy Suites by Hilton Irvine Orange County Airport and the Pierside Santa Monica. As part of Sage Hospitality Group, we passionately strive to be the best and create excellence in everything we do. We believe in enriching lives one experience at a time. More than a slogan, we empower our employees to make positive impacts on the communities in which we live and work. By providing genuine service we build relationships with our guests and value for our shareholders, and we create unforgettable experiences. We are looking for independent thinkers who harness their entrepreneurial spirit to break preconceived notions. We welcome risk takers and creative spirits alike. Sage recognizes that your success is about more than the work you do—it’s really about who you are, which is why we invest in your personal and professional growth.

About the role

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 excellent leadership skills, providing accurate and timely financial reports as requested by leadership and corporate. Implements internal control procedures that safeguard leaders, owners, assets, and complies with Federal, State, and Local regulations. Supports multiple hotels across all areas of financial compliance and reporting, budgeting development and management. 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.

Responsibilities

• Develops annual operating budget, operating plan, and financial goals. Achieves budgeted revenues, costs, and profits through accounting diligence, expenditure controls, and proficient accounting practices.
• Sets written priorities and key objectives for each department head quarterly, including action plans and completion dates. Follows up to assure successful implementation and takes corrective action if objectives are not met.
• Monthly forecasting of operating staff and cost expenditures. Provides business planning in line with forecasted sales and costs, including guidance to department heads.
• Monthly review of financial statements to correct problems, ensure spending is in line, and plan for future business. Reviews and approves all expenses in "other expense" categories in all departments. Regularly reviews all major expenses to ensure wise expenditure.
• Promotes associate morale and loyalty within their department and hotel, leading to reduced turnover. Communicates, counsels, and assists in staff development. Attends monthly department employee meetings whenever possible.
• Assures the level of experience, knowledge, and ability to meet job requirements of all hotel management.
• Reviews controls and ensures adherence at all times to protect the hotel's property/assets.
• Reviews sales solicitation activities, room nights productivity, and group room rates sold by sales. Evaluates market mix and takes action to best position the hotel for increased business. Involves in sales solicitation of key accounts by reviewing contracts, meeting with the sales department, and visiting key account contacts.
• Reviews monthly financial statements with property leaders and provides strategic guidance for changes in business needs to ensure profit margins align with the business plan.
• All other duties as assigned, requested, or deemed necessary by management.

Supervisory Duties

• Supervises 3-5 associates.

Requirements

• A four-year college degree (accounting preferred) or equivalent education/experience.
• Five to ten years of employment in a related position with this company or other organization(s).
• Knowledge of all hotel accounting functions performed by subordinates 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.
• Skills in office management, bank reconciliations, preparation of state and federal reports, training of accounting staff, conducting or participating in meetings, analysis of balance sheet accounts, preparation of journal entries, closing the books, and preparing the balance sheet package.

Physical Demands

• Lifting, pushing, pulling, carrying – limited to 15-20 lbs (e.g., boxes, computer equipment).
• Bending/kneeling – limited, required when arranging supplies or equipment.
• Mobility – limited mobility between offices and departments. No continuous standing, climbing, or driving.
• Ability to train and interact with management and associates.
• Ability to read reports, use computers, etc.

Work Environment

Work inside 95% of the work period.

Benefits

• Eligible to participate in Sage bonus plan.
• Unlimited paid time off.
• Medical, dental, & vision insurance.
• Eligible to participate in the Company’s 401(k) program with employer matching.
• Health savings and flexible spending accounts.
• Basic Life and AD&D insurance.
• Company-paid short-term disability.
• Paid FMLA leave for up to a period of 12 weeks.
• Employee Assistance Program.
• Great discounts on hotels, restaurants, and much more.
• Eligible to participate in the Employee Referral Bonus Program (up to $1,000 per referral).

Pay

USD $140,000.00 - USD $160,000.00 per year.