Director of Finance
About the role
Join our Finance leadership team as Director of Finance at Hyatt Regency New Orleans, where you’ll play a critical role in shaping the financial strategy and performance of one of the city’s most iconic hotels. With annual revenues exceeding $100 million, this high-impact leadership position offers the opportunity to oversee a complex financial operation while partnering with an award-winning hospitality brand recognized globally for its culture, diversity, and care for colleagues.
Located in the heart of downtown New Orleans, Hyatt Regency New Orleans features nearly 1,200 guestrooms and over 200,000 square feet of premier event space. Reporting to the General Manager and serving as a key member of the Hotel Executive Committee, the Director of Finance is a collaborative and strategic business partner responsible for guiding financial planning, decision-making, and performance to drive the hotel’s profitability and long-term success.
Responsibilities
- Prepare and review all monthly and annual financial statements.
- Investigate, review, and analyze variance explanations, involving department managers in this process.
- Identify areas for improvement and execute necessary corrective measures.
- Manage and lead hotel on- and off-site accounting functions to ensure proper fiscal management, timely and accurate reporting, and analysis, including financial and capital planning, budgeting, month-end financial close, accounting, and cash management.
- Lead the development and implementation of a comprehensive annual business plan aligned with business objectives.
- Lead the property's FF&E reserve and capital planning process.
- Manage annual and long-term capital plans, monitor project spending against approved budgets, maintain accurate forecasts and reserve schedules.
- Complete the year-end process, review and approve all reconciliations and audit work papers.
- Coordinate the external auditors’ visits, respond to auditor requests, approve all adjustments, reconcile the audited report to the hotel’s information, and approve the audit.
- Ensure adherence to HMA terms and fulfill reporting obligations.
- Maintain adherence to policies and procedures to ensure sound internal controls and segregation of duties.
- Manage SOX compliance.
- Monitor and keep abreast of industry trends, local legislative changes, and organizational behavior to inform sound business decisions.
- Mentor and coach the finance team, providing direction, training, and performance feedback to nurture their professional advancement and growth.
- Support the development of future leaders in all areas of the hotel.
- Empower employees with financial insights.
- Supervise the Information Technology and Procurement function.
- Collaborate with management to devise and implement strategic initiatives aimed at cost efficiency and revenue generation enhancements to achieve business objectives without compromising core business values and relationships.
- Nurture relationships with owners’ representatives and key stakeholders, ensuring timely communication and submission of deliverables.
Qualifications
- 5 years or more of finance career progression; preferred experience in hospitality, retail, or related industry.
- 2 or more years in Director-level leadership within hospitality or complex environments.
- Degree in Accounting, Finance, Hospitality, Business, or related field preferred.
- Service-oriented style with professional presentation skills.
- Must possess the following strengths: high energy, entrepreneurial spirit, motivational leadership, effective communication, ability to improve the bottom line.
- Demonstrated ability to effectively interact with people of cultural, disability, and ethnic backgrounds.
- Clear, concise written and verbal communication skills in English.
- Advanced user of Microsoft Word and Excel.
- Excellent organizational, interpersonal, and administrative skills.