Director, Finance

Responsibilities

• Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
• Analyzes information, forecasts sales against expenses and creates annual budget plans.
• Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
• Creates the annual operating budget for the property.
• Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
• Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
• Analyzes financial data and market trends.
• Leads the development and implementation of a comprehensive annual business plan which is aligned with the company's and brand's strategic direction.
• Communicates the strategic goals, the focus and the owner priorities to subordinates in a clear and precise manner.
• Oversees internal, external and regulatory audit processes.
• Conducts annual performance appraisals with direct reports according to standard operating procedures.
• Attends meetings and communicating with the owners, understanding the priorities and strategic focus.
• Communicates financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
• Manages property working capital and cash flow in accordance with brand standard operating procedures and owner requirements.
• Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
• Develops and supports achievement of performance goals, budget goals, team goals, etc.
• Reconciles balance sheet to ensure account balances are supported by appropriate documentation in accordance with standard operating procedures.

Qualifications

• Bachelor degree in Accounting, Finance or related fields.
• Minimum of 2 years experience as Director, Finance or minimum 7+ years finance management experience in a 4- or 5-star hotel (preferably in a 5-star hotel).