Director of Finance
The Press Hotel · Portland, ME · 1 wk ago
On-siteFinance$25k/moFull-time
About the role
The Press Hotel in Portland, Maine, newly owned and managed by EOS Hospitality, is seeking a Director of Finance to join their team of dedicated hospitality professionals.
Responsibilities
- Direct finance/accounting team members to include hiring, training, performance evaluations, compensation recommendations, coaching, and disciplinary actions.
- Oversee the month-end close process and ensure timely preparation and review of P&L statements.
- Partner with the Regional Director of Finance to execute year-end closings and financial reporting.
- Prepare and assist in producing financial documents including cash flow statements, income statements, budgets, and forecasts.
- Conduct financial analysis and advise General Manager on business performance.
- Monitor and manage cash flow statements and projections.
- Oversee bank account management, including monthly reconciliations, payroll funding, payments, transfers, and disbursements.
- Maintain and review the General Ledger to ensure accuracy and compliance.
- Ensure timely and accurate submission of sales, use, and occupancy tax returns and other required external reporting.
- Aid in the implementation, training, and ongoing management of accounting software and systems.
- Serve as the lead trainer for new team members, including onboarding and system access setup.
- Collaborate with the Regional Director of Finance on annual budget preparation and financial forecasting.
- Develop, maintain, and enhance internal control procedures and finance department Standard Operating Procedures (SOPs).
- Ensure payroll process compliance with federal and state regulations in collaboration with EOS Centralized Payroll.
- Safeguard all legal, treasury, and tax documentation while ensuring compliance with all statutory, fiscal, and governmental reporting requirements.
- Monitor adherence to debt and management agreement covenants.
- Coordinate property audits and respond to governmental and regulatory inquiries, including IRS matters.
- Provide leadership, direction, and professional development opportunities for finance team.
- Lead recurring finance meetings with property leadership and EOS Finance representatives.
- Foster a positive and collaborative work environment, encouraging teamwork, creativity, and continuous improvement.
- Model professionalism and maintain high standards of conduct and performance.
- Perform and oversee all accounting functions including AP/AR, journal entries, and General Ledger management when necessary.
- Execute additional accounting tasks and projects as assigned by EOS Finance or operational leadership.
- Ensure compliance with organizational policies including workplace safety, emergency procedures, security, anti-harassment, and workplace conduct standards.
Qualifications
- 4-year degree in Accounting, Finance, or related field.
- Minimum of 5 years working in a related accounting position.
- Prior leadership/supervisory experience with demonstrated experience managing and mentoring staff.
- Ability to manage multiple projects at a time, strong time management and organizational skills.
- Advanced in Excel.
- Strong analytical skills with attention to detail.
- Strong written and verbal communication skills.
Skills
- Expresses sincere enthusiasm for the role and passion for finance.
- Able to prioritize, delegate, and respond in a timely fashion.
- Able to work under pressure, multi-task, and stay focused while maintaining hospitality.
Benefits
- Competitive wellness options and perks for both Part Time and Full Time employees.
- Company-funded local parking.
- Employer-subsidized medical, dental, and vision insurance.
- Company-funded $25K in complimentary life insurance and $1K/mo. in disability.
- Optional Disability, Life and AD&D, Critical Illness, and Accident Insurance options.
- Additional Health & Wellness benefits including prescription and gym membership discounts.
- Generous Paid Time Off package including Employer Paid Leave plus immediate Paid Vacation accruals and Holiday Pay.
- Flexible and understanding work-life equality.
- Family Matters Program of 3+ months paid parental leave for new parents.
- 401k employer match, up to 4% of salary.
- Competitive wages with ongoing market analysis with annual performance evaluations and compensation adjustments.
- Discounted employee and immediate family hotel rates as low as $59 per night at EOS Hospitality portfolio locations.
- Discounted lodging rates from New England Inn & Resort Association partners.
- Pathways for growth and professional development including training and tuition reimbursement.
- Incentive opportunities for both hourly and managerial roles.
- Supportive, open workplace culture.
- Company-funded Employee Assistance Program for life and mental health resources.