Jobs · Finance · New York

Director of Finance

EOS Hospitality · New York, NY · 2 wk ago
FinanceFull-time

Key Responsibilities

  • Details understanding and execution of Month-End process for the properties, including but not limited to the preparation of financial statements, accruals, journal entries.
  • Maintains reconciliations for balance sheet accounts in established corporate formats and in accordance with local Generally Accepted Accounting Principles (local GAAP).
  • Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
  • Analyzes information, forecasts sales against expenses and creates annual budget plans.
  • Thinks creatively and practically to develop, execute and implement new business plans.
  • 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.
  • Led 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.
  • Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision-making; demonstrates honesty/integrity; leads by example.
  • Leverages strong functional leadership and communication skills to influence the property's strategies and to lead own team.
  • Manages communication with owners in an effective manner.
  • Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.
  • Safeguards the P&L by ensuring costs are properly matched to revenue costs and are recorded in the proper accounts.

Required Qualifications

  • Five year's minimum lifestyle hotel financial management experience.
  • Bachelor's degree or equivalent.
  • Superior user capabilities in computer software products including Micros, OPERA, On-Q, ProfitSword, M3).
  • Ability to communicate effectively verbally and in written form with the public as well as property team members.
  • Essential statistical and analytical skills required to identify revenue opportunities and shortfalls.
  • Ability to handle confidential information discretely and in the proper manner.
  • Self-starter, and possess excellent presentation skills.
  • Prominent track record of successful hotel distribution and revenue strategic planning.
  • Effective decision-making skills.
  • Strong problem-solving skills.
  • Strong organizational skills.

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