Area Director of Finance

Essential Responsibilities

• Provide strategic financial leadership and oversight for all accounting and finance functions across the three-hotel portfolio.
• Partner with General Managers and executive leadership to develop strategies that improve revenue, profitability, cash flow, and asset value.
• Lead the annual budgeting process, long-range business plans, and monthly forecasting for each property.
• Prepare and present monthly, quarterly, and annual financial reviews to ownership and executive leadership.
• Analyze financial performance, market trends, labor costs, operating expenses, and profitability metrics to identify opportunities for improvement.
• Participate in owner meetings and provide actionable recommendations to achieve financial goals.

Financial Reporting & Analysis

• Ensure the timely and accurate preparation of monthly financial statements and management reports.
• Oversee all month-end and year-end closing activities across the portfolio.
• Review general ledger activity, account reconciliations, journal entries, and financial analyses for accuracy and completeness.
• Maintain compliance with US GAAP, company accounting policies, and brand reporting requirements.
• Produce variance analyses comparing actual performance to budget, forecast, and prior-year results.
• Prepare quarterly owner reporting packages and cash flow projections.

Internal Controls & Compliance

• Establish, monitor, and maintain effective internal controls across all hotel operations.
• Ensure compliance with Marriott and Hilton financial standards, policies, and reporting requirements.
• Lead internal and external audits and coordinate implementation of audit recommendations.
• Monitor adherence to corporate policies, safeguarding company assets and minimizing risk exposure.
• Ensure compliance with all federal, state, and local tax reporting requirements.

Treasury & Cash Management

• Oversee cash management, banking relationships, and treasury operations for the portfolio.
• Monitor daily cash positions and forecast cash flow requirements.
• Ensure timely completion of bank reconciliations and balance sheet reconciliations.
• Oversee cash handling procedures, credit card reconciliations, merchant processing, and fraud prevention controls.
• Manage debt service requirements, capital expenditures, and owner distributions as applicable.

Operational Finance Support

• Partner with hotel operations leaders to manage labor productivity, departmental expenses, and profitability.
• Review and approve major contracts, capital expenditures, and purchasing initiatives.
• Oversee inventory controls and ensure accuracy of physical inventory counts.
• Evaluate financial impact of operational initiatives and provide recommendations to improve performance.
• Support revenue management efforts through analysis of occupancy, ADR, RevPAR, and market trends.

Accounting Oversight

• Oversee Accounts Payable, Accounts Receivable, Income Audit, Payroll, General Ledger, and Cash Management functions across all properties.
• Ensure timely and accurate billing, collections, aging review, and cash application processes.
• Review significant AP invoices, capital expenditures, and intercompany transactions.
• Ensure proper accounting treatment and documentation for all financial transactions.
• Maintain strong balance sheet integrity through detailed account reconciliation reviews.

Team Leadership & Development

• Lead, mentor, develop, and evaluate property-level finance teams.
• Recruit, train, and retain top accounting talent across the portfolio.
• Promote a culture of accountability, teamwork, professionalism, and continuous improvement.
• Provide financial education and operational support to hotel department leaders.
• Drive standardization of processes and best practices throughout the portfolio.