About Daly Seven!
Daly Seven is an award-winning hospitality Management & Development Company, owning and operating over 40 hotels across Virginia, North Carolina, and South Carolina, showcasing a commitment to excellence in hospitality. The company's portfolio includes franchised properties under leading brands such as Marriott, Hilton, IHG, Hyatt, and Best Western. anchised properties under leading brands such as Marriott, Hilton, IHG, Hyatt, and Best Western. Daly Seven's core values to work hard, dream big, and give back have created a culture that has propelled Daly Seven to the top of hospitality company rankings.
Employee Perks and Benefits:
Full-time employees with Daly Seven are eligible for:
- 401(k) savings plan with employer match
- Health, dental, and vision insurance
- Profit sharing
- Employee assistance program
- Paid time off and company-paid holidays
- Cell phone reimbursement
- Mileage reimbursement
- 50% discount at any Daly Seven property
- Free Myrtle Beach vacation home use
- Discounts on hotel brands worldwide, including IHG, Marriott, and Hilton
- And more!
Position Description:
The Director of Finance serves as a strategic business partner to executive and operational leadership, driving financial performance, operational efficiency, forecasting accuracy, and scalable growth across a multi-entity hospitality platform. This role oversees the company’s financial operations, including financial reporting, budgeting, forecasting, treasury support, corporate tax compliance, audit preparation, and internal controls across a portfolio of hotels and related entities. The Director of Finance directly oversees the Controller and accounting team while playing a key leadership role in supporting company growth initiatives, including hotel openings, transitions, acquisitions, capital projects, and financing activities.
Essential Functions:
Financial Leadership & Strategic Partnership
- Serve as a financial advisor and operational partner to executive leadership on budgeting, forecasting, operational performance, labor management, and strategic initiatives.
- Support ownership and executive leadership with financial analysis, reporting, and recommendations related to company performance and growth initiatives.
- Assist with financial modeling, due diligence, acquisitions, dispositions, refinancing initiatives, hotel transitions, and capital projects.
- Support new hotel openings, integration processes, construction draw oversight, and project-related financial coordination.
- Prepare presentation materials, financial summaries, and supporting analysis for executive leadership, lenders, and investor groups.
- Analyze broader market trends, STR reporting data, operational performance indicators, and financial risks to identify improvement opportunities.
- Support executive leadership in evaluating strategic alternatives, capital structure considerations, and long-term financial planning.
Financial Management & Reporting
- Oversee all day-to-day accounting and financial operations across corporate and hotel entities.
- Oversee month-end and year-end close processes to ensure timely and accurate financial reporting.
- Review and analyze monthly financial statements, property P&Ls, balance sheet reconciliations, cash flow reports, labor reporting, and variance reporting.
- Lead the preparation and management of annual budgets, forecasts, cash flow projections, and capital expenditure budgets.
- Manage revenue forecasts, labor reporting, expense controls, and financial performance analysis.
- Oversee accounts payable processes, disbursement controls, reimbursements, and invoice approval procedures.
- Monitor lender reporting requirements and assist with maintaining compliance with financial covenants and reporting obligations.
- Ensure compliance with brand reporting standards, franchise reporting requirements, and operational financial reporting expectations.
Corporate Tax, Audit & Compliance
- Lead all corporate tax planning, tax compliance, and tax filing processes for the organization and affiliated entities.
- Partner with external CPA firms, auditors, and legal counsel to ensure timely and accurate tax reporting and regulatory compliance.
- Ensure compliance with GAAP, tax regulations, internal controls, cybersecurity-related financial controls, and company financial policies.
- Develop and monitor internal audit procedures, fraud prevention measures, financial risk management practices, and identify opportunities for operational and financial process improvements.
- Maintain strong financial governance practices while supporting operational efficiency, scalability, and organizational growth.
Treasury, Cash Flow & Banking Relationships
- Assist with treasury management activities, including cash flow forecasting, liquidity monitoring, and banking relationships.
- Monitor weekly cash balances, intercompany funding needs, and operational cash flow trends.
- Support financing activities, lender communications, refinancing efforts, and loan compliance tracking.
- Review financing documents, loan agreements, and term sheets, and provide recommendations to executive leadership.
- Assist with the management of capital expenditure planning, renovations, hotel development projects, and project-related financial oversight.
Systems, Process Improvement & Operational Support
- Learn and oversee system workflows, integrations, reporting capabilities, and financial controls associated with accounting platforms.
- Partner with operational leadership teams to improve reporting accuracy, operational visibility, and decision-making tools.
- Evaluate and improve financial workflows, reporting structures, and operational efficiencies across the organization.
- Recommend enhancements to reporting processes, controls, cybersecurity safeguards, and financial systems to improve scalability and accountability.
Leadership & Team Development
- Conduct performance evaluations, establish departmental goals, delegate responsibilities, and support employee development initiatives.
- Foster a culture of accountability, collaboration, professionalism, and continuous improvement within the finance team.
- Participate in leadership meetings, strategic planning sessions, interviews, and company initiatives as needed.
- Attend company events, conferences, networking functions, and team-building activities while representing the finance department professionally.
- Demonstrate a hands-on leadership style with the ability to operate both strategically and tactically based on business needs.
Education and Experience
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field required. Graduate degree in a related field preferred.
- Certified Public Accountant (CPA) designation required.
- 7+ years of experience in accounting and finance leadership required, including 2+ years in a supervisory capacity.
- Strong corporate tax, tax planning, and multi-entity tax filing experience required.
- Experience managing month-end close, financial reporting, budgeting, forecasting, and audit processes required.
- Hospitality, hotel management, real estate development, construction, or multi-entity operational experience strongly preferred.
- Experience supporting hotel openings, property transitions, financing activities, or development projects preferred.
- Familiarity with STR reporting, hotel P&Ls, labor management reporting, franchise compliance, and brand reporting standards preferred.
- Experience with ERP/accounting platforms preferred.
- Strong understanding of GAAP, internal controls, treasury management, fraud prevention, financial risk management, and lender reporting requirements required.
- Demonstrated ability to manage multiple priorities, improve processes, and lead within a fast-paced, entrepreneurial environment.
Work Location: In person
