Jobs · Sales · California

Director of Finance - Kali Hotel

Crescent Hotels & Resorts · Inglewood, CA · 1 wk ago
On-siteSalesFull-time

About the role

The Kali Hotel & Rooftop is a new member of Autograph Collection within Marriott International's portfolio. Located in Los Angeles, it blends luxury, culture, and bold design to provide a unique guest experience and a dynamic career opportunity.

Responsibilities

  • Evaluate the financial impact of business decisions and promptly notify management of any deviations from established policies or control weaknesses.
  • Manage and communicate cash flow issues to management and ownership, including accurate preparation of cash-flow statements, management of receivables, cash balances, and timely deposits.
  • Ensure accurate recording of hotel revenues and expenses in accordance with Crescent Hotels and Resorts guidelines.
  • Investigate and critique variances to budget or prior year, offering practical improvement strategies to management.
  • Monitor the capital planning process, assisting management with calculations of return on capital improvements, supporting the bid process, and evaluating scope of work and specifications.
  • Maintain compliance with regulatory licenses, permits, leases, contracts, and operational taxes, providing assistance to management in enforcing compliance.
  • Coordinate the completion of forecasts and budgets, actively participating in the EC Team and department managers' processes.
  • Analyze financial data and operations to assist and advise management in maintaining financial objectives.
  • Ensure timely reconciliation of balance sheet accounts, including bank reconciliations, and audit all internal financial controls.
  • 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.
  • Direct and/or prepare all financial reports in accordance with IHR requirements, meeting various due dates and deadlines.

Requirements

  • A minimum of 8 years of related progressive experience in hotel accounting or a combination of a 4-year college degree with an Accounting/Finance concentration and 4 years of related progressive experience, or a 2-year college degree and 6 years of related progressive experience.

Qualifications

  • Strong analytical skills and ability to interpret financial data.
  • Experience in managing cash flow, preparing financial reports, and overseeing budgeting processes.
  • Knowledge of hotel accounting practices and regulatory compliance.
  • Excellent communication and interpersonal skills.
  • Ability to lead and mentor a team.

Skills

  • Financial analysis and reporting.
  • Cash flow management.
  • Budgeting and forecasting.
  • Regulatory compliance.
  • Team leadership and development.

Benefits

  • Operational incentive plan eligibility.
  • An exceptional benefit plan for eligible associates and their family members.
  • 401K matching program for eligible associates.
  • Discounts with Crescent managed properties in North America for you and your family members.

Pay

Commensurate with experience.

Schedule

TBD.

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