Job Description

Job Description

Overview

The Director of Finance will assume the role of a detail-oriented, professional, well-balanced financial overseer who will be responsible for the timeliness and accuracy of all daily, weekly, monthly, and annual financial information. The Director of Finance will also be responsible for management of the Accounting Department. 
The Director of Finance will be a part of the Executive Committee. This committee drives the property through leadership and entrepreneur attitudes.
ESSENTIAL FUNCTIONS:

• Prepare within conjunction with General Manager and Department Heads, all operational budgets and forecasts.
• Prepare cash flow forecast on a monthly basis.
• Oversee preparation of accurate and timely monthly financial statements.
• Develop and maintain internal controls in all departments.
• Maintain all contracts, leases and other legal and financial records.
• Implement and support property operating policies and procedures.
• Operate in compliance with all local, state and federal laws and government regulations.
• Ensure property is in compliance with Management Contract.
• Assist in development of Risk Management program. Maintain insurance (general liability, property and Worker’s Compensation) programs.
• Coordinate all financial audits by outside concerns.
• Coordinate all internal financial training and development of department heads and managers.
• Prepare periodic presentations at owner’s meetings.

• The candidate assuming this role must have a bachelor's degree in either Hospitality or accounting/finance/business. The candidate must have a minimum of intermediate accounting coursework.
• A minimum of five years Hotel Accounting experience as Director of Finance in a similar sized property.
• Strong written and verbal communication skills.
• Ability to manage balance sheet activity and reconcile accounts monthly
• Ability to analyze work flow and develop efficiencies
• Experience with Cash flow management and preparing cash flow forecasts for properties.
• Ability to lead and develop Finance team members for career growth
• Proficiency in forecasting and budgeting.

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