Director of Finance and Accounting

Job Summary

Functions as the property’s strategic financial business leader. The position champions, develops and implements property-wide strategies that deliver products and services to meet or exceed the needs and expectations of the brand’s target customer and property employees. The position provides the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment. In addition, creates and executes a business plan that is aligned with the property and brand’s business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results.

CORE WORK ACTIVITIES

• Engaging in Strategic Planning and Decision Making

• Analyzes information, forecasts sales against expenses and creates annual budget plans.

• Compiles information, analyzes and monitors actual sales against projected sales.

• Identifies the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.

• Creates the annual operating budget for the property.

• Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.

• Implements a system of appropriate controls to manage business risks.

• Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.

• Analyzes financial data and market trends.

• Leads the development and implementation of a comprehensive annual business plan which is aligned with the company’s and brand’s strategic direction.

• Produces accurate forecasts that enable operations to react to changes in the business.

• Leading Finance & Accounting Teams

• Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.

• Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.

• Leverages strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.

• Oversees internal, external and regulatory audit processes.

• Provides excellent leadership by assigning team members and other departments managers' clear accountability backed by appropriate authority.

• Conducts annual performance appraisals with direct reports according to Standard Operating Procedures.

• Anticipating and Delivering on the Needs of Key Stakeholders

• Attends meetings and communicates with the owners, understanding the priorities and strategic focus.

• Understands and meets the needs of key stakeholders (owners, corporate, guests, etc.).

• Advises the GM and executive committee on existing and evolving operating/financial issues.

• Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.

• Demonstrates an understanding of cash flow and owner priorities.

• Manages communication with owners in an effective manner.

• Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.

• Facilitates critique meetings to review information with management team.

• Developing and Maintaining Finance and Accounting Goals

• Ensures profits and losses are documented accurately.

• Maintains compliance with management contract and reporting requirements.

• Maintains compliance with standard and local operating procedures (SOPs and LSOPs).

• Maintains compliance with Standard Operating Procedures (SOPs).

• Managing Human Resource Activities

• Ensures team members are cross-trained to support successful daily operations.

• Ensures property policies are administered fairly and consistently.

• Ensures new hires participate in the department’s orientation program.

• Ensures new hires receive the appropriate new hire training to successfully perform their job.

• Creates appropriate development plans which develop team members based on their individual strengths, development needs, career aspirations and abilities.

• Conducts performance review process for employees.

• Participates in hiring activities as appropriate.

Position Type

Full Time

Located Remotely?

N

Pay Range

$119,000 - $147,500 annually

Bonus Eligible

Y