
Financial Business Leader
4 days ago
The Director of Finance at a prominent hotel plays a pivotal role as the strategic financial business leader.
Championing and developing property-wide strategies that deliver exceptional services to meet or exceed customer and employee expectations is essential.
Providing financial expertise enables successful implementation of brand initiatives while maximizing returns on investment.
Creating and executing a business plan aligned with property and brand strategy, focusing on execution of financial activities and delivery of desirable results.
Key Responsibilities- Strategic Planning and Decision Making – Developing means to improve profit through estimating costs and benefits, exploring new opportunities, analyzing information, forecasting sales against expenses, creating annual budget plans, compiling information, monitoring actual sales against projected sales, identifying underlying principles, reasons, or facts of information by breaking down data into parts, thinking creatively and practically to develop, execute, and implement new business plans, creating annual operating budgets, providing analytical support during budget reviews to identify cost-saving and productivity opportunities for property managers, implementing systems of appropriate controls to manage business risks, ensuring strong accounting and operational control environments to safeguard assets, improve operations, and profitability, analyzing financial data and market trends, leading the development and implementation of comprehensive annual business plans aligned with company and brand strategic direction, providing ongoing analytical support by monitoring the operating department's actual and projected sales, producing accurate forecasts enabling operations to react to changes in the business.
- Leading Finance Teams – Utilizing interpersonal and communication skills to lead, influence, and encourage others, advocating sound financial/business decision-making, demonstrating honesty/integrity, leading by example, communicating strategic goals and owner priorities to subordinates clearly, leveraging leadership and communication skills to influence executive teams and property strategies, overseeing internal, external, and regulatory audit processes, providing excellent leadership by assigning team members and department managers' clear accountability, conducting annual performance appraisals with direct reports.
- Anticipating and Delivering on Key Stakeholder Needs – Attending meetings and communicating with owners, understanding priorities and strategic focus, understanding and meeting needs of key stakeholders, advising the GM and executive committee on operating/financial issues, communicating financial concepts clearly to drive desired behaviors, demonstrating understanding of cash flow and owner priorities, managing communication with owners effectively, managing property working capital and cash flow per brand standards, facilitating critique meetings to review information with management teams.
- Developing and Maintaining Finance Goals – Ensuring profits and losses are documented accurately, monitoring taxes, submitting reports on deadlines, developing and supporting achievement of performance, budget, and team goals, improving profit growth in operating departments, reviewing audit issues for accuracy, monitoring purchasing processes as applicable.
- Managing Projects and Policies – Generating and providing accurate and timely results in reports and presentations, reconciling balance sheets with appropriate documentation, ensuring P&L accuracy, ensuring compliance with management contracts and reporting requirements, ensuring compliance with standard operating procedures.
- Managing and Conducting Human Resource Activities – Ensuring cross-training of team members, administering policies fairly and consistently, ensuring new hires participate in orientation and receive training, creating development plans, conducting performance reviews, participating in hiring activities as appropriate.
Education and Experience
- 4-year bachelor's degree in Finance and Accounting or related major; 3 years experience in finance and accounting or related professional area.
OR
- Master's degree in Finance and Accounting or related major; 1 year experience in finance and accounting or related professional area.
Our organization values diversity and inclusion. We foster an environment where unique backgrounds are valued and celebrated. Our associates come first, and we offer opportunities for training, development, recognition, and a focus on holistic well-being.
We believe our hotels offer a work experience where you'll be part of a community with opportunities to grow and become the best version of yourself.
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