Job Description
This Executive Level position will oversee all aspects of the Finance/Accounting Department.The Director of Finance will report to the General Manager . Will act as a mentor and be very involved with the day-to-day operations of the hotel and the department.
Responsibilities
- 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 Executive 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.
- Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
Responsibilities - Bachelor’s Degree: in Finance, Accounting, Business Administration, or a related field.
- Generally, 7-10 years of progressive experience in finance or accounting roles, with at least 3-5 years in a management or leadership position (Experience in the hotel industry required)
- Demonstrated experience in budgeting, forecasting, financial planning, and analysis. Strong proficiency in financial modeling, analysis, and reporting. In-depth knowledge of Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Strong analytical and problem-solving skills to navigate complex financial scenarios.
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