Director of Finance

About the role

The Director of Finance is the financial leader of the hotel. This role oversees all areas in finance, especially payroll, budgeting, forecasting, and relevant duties. The ideal candidate will demonstrate excellent leadership skills and provide accurate and timely financial reports as requested by leadership and corporate.

Responsibilities

• Demonstrates excellent leadership skills and provides accurate and timely financial reports as requested by leadership and corporate.
• Implements internal control procedures that safeguard leaders, owners, assets, and comply with Federal, State, and Local regulations.
• Readily assists in the operation of each department and special projects.
• Identifies risks and presents solutions that guide leaders in making effective decisions that meet the financial interests of the hotel.
• Develops annual operating budget, operating plan, and financial goals.
• Achieves budgeted revenues, costs, and profits through accounting diligence and expenditure controls and proficient accounting practices.
• Set written priorities and key objectives for each department head quarterly including action plan and completion date. Follow up to assure successful implementation and follow-through and take corrective action in the event of failure to meet assigned objectives.
• Monthly forecasting of operating staff and cost expenditures. Business planning in line with forecasted sales and costs including guidance to department heads.
• Monthly review of financial statements in order to correct problems, assure spending is in line, and to plan for future business.
• Review and approve all expenses in "other expense" categories in all departments. Regularly review all major expenses to assure that monies are wisely expended.
• Promotes associate morale and loyalty within their department and hotel, leading to reduced turnover. Communicate, counsel, and assist in staff development.
• Visible and available to all associates in accordance with the Company's open door policy. Attend monthly department employee meetings whenever possible.
• Conduct performance appraisals and personal development plans for management staff. Identify substandard performance of individual managers and outline improvement action, including taking corrective or disciplinary measures.
• Assure level of experience, knowledge, and ability to meet job requirements of all hotel management.
• Cost Controls Review controls and assure adherence at all times in order to protect the hotel's property/assets.
• Review sales solicitation activities, room nights productivity, and group room rates sold by sales.
• Review individual productivity and corrective actions are taken. Evaluate market mix and take action to best position the hotel for increased business.
• Involvement in sales solicitation of key accounts by reviewing contracts, meeting with sales department, visiting key account contacts in person and by phone.

Requirements

• A four-year college degree (accounting preferred) or equivalent education/experience.
• Experience required by position is five to ten years of employment in a related position with this company or other organizations.
• Knowledge/Skills: Requires knowledge of all hotel accounting functions performed by the subordinate reporting directly or indirectly. Requires advanced knowledge of the accounting, finance, and hospitality professions. Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions.
• Office Management, Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, closing the books and preparing the Balance Sheet Package.

Qualifications

• Lifting, pushing, pulling, carrying - limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment.
• Bending/kneeling - limited bending/kneeling required when arranging supplies or equipment.
• Mobility - limited mobility between offices and departments. No continuous standing, climbing, or driving.
• Excellent hearing required to train and interact with management and associates.
• Excellent vision required to read reports, computer, etc.

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.