Director of Finance | Hilton Phoenix Resort at the Peak

About the Role

Join one of Arizona's most iconic resort destinations! Nestled on 27 acres at the base of the Phoenix Mountain Preserve, Hilton Phoenix Tapatio Cliffs Resort offers a unique blend of desert beauty, exceptional amenities, and award-winning hospitality. As Director of Finance, you'll play a key leadership role at a dynamic, full-service resort featuring multiple dining venues, extensive meeting space, a renowned water park, and championship golf nearby. If you're looking to make a strategic impact while growing your career with a respected hospitality company, we'd love to meet you.

The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, and support. The role focuses on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.

Responsibilities

• Act as the “Chief Business Officer” to the general manager and EC Team, evaluating the financial impact on business decisions.
• Notify all levels of management promptly of any financial deviations from established policies and/or control weaknesses in the hotel.
• Effectively manage and communicate cash flow-related issues, including accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms, and timely deposits of all funds.
• Monitor hotel revenues and expenses, ensuring accurate recording in accordance with Crescent Hotels and Resorts established guidelines.
• Investigate and critique variances to budget or prior year, offering practical improvement strategies to management.
• Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support, monitoring the bid process, and evaluating scope of work and specifications.
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and proper execution of all operational taxes.
• Coordinate the completion of all forecasts and budgets with the full and active participation of EC Team and department managers.
• Analyze financial data and operations to assist and advise management in maintaining the hotels’ financial objectives.
• Ensure all balance sheet accounts, including bank reconciliations, are reconciled on a timely basis.
• Establish and continually audit all internal financial controls, including purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
• Embrace a continuous growth environment by actively hiring professional staff and assisting in recruiting, reviewing, recommending, and maintaining an inventory of qualified and promotable associates.
• Focus on training and development programs for finance associates to cultivate talent within the industry.
• Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
• Maintain compliance with Crescent Hotels and Resorts standards and regulations to ensure safe and efficient operation of the hotel.
• Ensure proper utilization, maintenance, and periodic upgrades of all IT systems and equipment.
• Direct and/or prepare all financial reports in accordance with IHR requirements, meeting various due dates and deadlines:
  • Daily: Review and submit a Daily Revenue Report, ensure timely deposit of all cash and transmission of credit cards, review Labor Report for overtime and variances to forecast.
  • Weekly: Review departmental checkbooks and advise of any needed changes, distribute and discuss weekly G/L report with department managers, update GM on any unfavorable financial issues impacting the month, ensure sufficient cash to meet scheduled obligations.
  • Monthly: Reconcile Balance Sheet with proper backup, ensure all banks are counted, count the main vault, review “Key Financial Controls” Checklist, review actual numbers to forecast, participate in the monthly Credit Meeting, actively participate in forecast completion and review with Department Heads.
  • Annual: Complete the Internal Control Questionnaire (ICQ) bi-annually, conduct a surprise payroll audit bi-annually, actively participate in the annual budget completion and review with Department Heads, prepare analysis required by ownership and outside accounting firms.
• Conduct and/or attend periodic meetings to maintain favorable working relationships among employees and promote maximum morale, productivity, and efficiency:
  • Executive Committee
  • Sales & Service
  • Financial Review
  • Departmental Budget & Forecast
  • Credit & Collection
  • Business Review Meeting
• Ensure and monitor that the hotel is in compliance with all report deadlines and due dates.
• Maximize efforts toward productivity, identify problem areas, and assist in finding and implementing solutions.
• Approach all encounters with guests and employees in an attentive, friendly, courteous, and service-oriented manner.
• Participate in M.O.D. coverage as required.
• Attend meetings/training as required by management.
• Perform other duties as requested by management.

Requirements

• A minimum of 8 years of related progressive experience in hotel Accounting and/or Finance.

Qualifications

Physical Requirements

• Long hours sometimes required.
• Sedentary work, exerting up to 25 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects.

Mental Requirements

• Must be able to convey information and ideas clearly.
• Must be able to evaluate and select among alternative courses of action quickly and accurately.
• Must work well in stressful, high-pressure situations and maintain composure and objectivity under pressure.
• Must be effective in handling problems in the workplace, including anticipating, preventing, identifying, and solving problems as necessary.
• Must have the ability to assimilate complex information, data, etc., from disparate sources and consider, adjust, or modify to meet constraints.
• Must be effective at listening to, understanding, and clarifying concerns and issues raised by co-workers and guests.
• Must be able to work with and understand financial information and data, and basic arithmetic functions.
• Must be able to prioritize departmental functions to meet due dates and deadlines.

Benefits

We work hard to create and deliver on what YOU need, including:

• Health & wellness programs.
• Best-in-class learning and development opportunities.
• Travel discounts that “feed your inner explorer.”