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Hotel Director of Finance - MUST HAVE HOTEL DIRECTOR OF FINANCE EXPERIENCE

Blue Water Business Consulting
New York, NY

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Job Details

Full-time
$160,000 - $180,000 a year
5 days ago

Benefits

Health insurance
Dental insurance
Paid time off
Vision insurance
Life insurance

Qualifications

Writing skills
Team development
Balance sheet reconciliation
Forecasting
Data interpretation
Accounting and finance experience
Associate's degree
Hotel experience

Full Job Description

Must have hotel finance experience

Must have union hotel experience

SUMMARY DESCRIPTION

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 Director of Finance is also responsible for focusing 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.

ESSENTIAL DUTIES

Effectively manage and communicate cash flow related issues, as required to management and ownership.
Coordinate the completion of all forecasts and budgets as required, with the full and active participation of EC Team and department managers.
Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
Ensure that all balance sheet accounts are reconciled on a timely basis.
Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
Direct and/or prepare all financial reports in accordance with the company’s requirements meeting various due dates and deadlines.
Additional duties as requested by management or ownership

RESPONSIBILITIES AND AUTHORITIES:.

Responsible for evaluating the financial impact on business decisions.
Ensures that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the established guidelines. Investigate and critique variances to budget or to prior year.
Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support and 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 the proper execution of all operational taxes.
Continually focus on training and development programs for finance associates to cultivate the “brightest” and “best” talent within the industry.

REQUIREMENTS:

· Enthusiastic, highly motivated and guest driven

· Excellent interpersonal and communication experience, both verbal & written

Flexible and able to work various shifts, ability to work in high pressure situations

Education: A minimum of 8 years of related progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/Finance concentration and a minimum of 4 years of related progressive experience; or a 2-year college degree and a minimum of 6 years of related progressive experience.

Knowledge: 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 the constraints of the particular need.

Must be effective at listening to, understanding, and clarifying concerns and issues.

Must be able to work with and understand financial information and data, and basic arithmetic functions.

Must be able to prioritize in order to meet due dates and deadlines.

Skills: Must be able to convey information and ideas clearly.

Must be able to evaluate and select among courses of action quickly and accurately.

License: Not required

Physical: 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.

Other: Must work well in stressful, high pressure situations.

Job Type: Full-time

Pay: $160,000.00 - $180,000.00 per year

Benefits:

Dental insurance
Health insurance
Life insurance
Paid time off
Vision insurance

Work Location: In person

Quick Apply

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