Area Director of Finance

The Stelle • Heber, UT

1d • $160,000 - $175,000 • Onsite

About The Position

CoralTree Hospitality is seeking an experienced Area Director of Finance to lead financial strategy, reporting, and business planning for three hotels, working with a finance team in Park City, Utah. The position is based at The Stelle, a luxury boutique mountain resort in the SkyRidge Mountain Community. The Stelle features 67 residential resort units, dining, a full-service spa, a café, and lake and mountain recreation experiences, with access to Deer Valley Ski Resort’s East Village.

As a member of the executive leadership team, the Area Director of Finance oversees the properties’ accounting practices, financial records, reporting, planning, budgeting, and cash management. The role also provides financial oversight for HOA, condominium-owner, and residential resort operations, supports relationships with owners and HOA boards, and leads, mentors, and develops property accounting and finance teams.

The position offers an annual base salary of $160,000–$175,000 and eligibility for an annual performance bonus of up to 30%, based on individual and property performance.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• At least 5 years of progressive hospitality finance leadership experience, including luxury resort, mixed-use, condominium-hotel, or complex food and beverage operations.
• Previous supervisory experience.
• Confidence and experience presenting to ownership.
• Forward-thinking and solution-oriented leadership approach.

Nice To Haves

• Experience in luxury resorts, residential resort communities, ski destinations, mixed-use developments, or condo-hotel environments.

Responsibilities

• Oversee proper execution of hotel properties’ accounting practices, maintenance of accurate financial records, and timely preparation of financial reports.
• Use standard reporting and comprehensive metrics to drive continuous resort improvement; oversee financial planning, budgeting, accounting, and cash management.
• Support relationships with hotel property owners; coordinate required reporting, provide timely monthly and custom reports, respond to questions and requests, and participate in partner and other appropriate meetings.
• Provide financial oversight for HOA, condominium-owner, and residential resort operations, including budgeting, reserve funding, board reporting, assessments, and compliance with governing documents.
• Serve as the primary financial liaison to HOA boards and residential ownership groups.
• Complete the year-end audit process; review and approve reconciliations and audit work papers; coordinate external auditor visits; respond to audit requests; approve adjustments; reconcile audit figures to property figures; and approve the final audit.
• Review historical and projected cash flows and take necessary actions to manage cash flow; communicate with the responsible Property Operations executive, VP of Finance, and others, including owners as necessary.
• Supervise and participate in preparation and review of monthly and annual financial statements.
• Investigate and analyze variance explanations with department managers, and ensure narratives clearly explain variances.
• Interpret operating results and recommend actions to reduce costs, improve profits, and benefit the hotels overall.
• Support operating teams in preparing and reviewing annual hotel budgets; monitor and assist with property, capital, and development budgets and business plans; ensure timely and accurate completion; and aid preparation and final review of the annual business plan.
• Check appropriation requests against approved budgets before funds are committed and ensure budgeted expenditures do not exceed authorized levels.
• Ensure compliance with regulatory licenses and permits, leases, contracts, and operational tax obligations, including monthly state sales tax filings.
• Lead, mentor, and develop property accounting and finance teams, fostering accountability, continuous improvement, and professional growth.

Benefits

• Group medical, dental, vision, life, and disability benefits.
• Pre-tax flexible benefit plan for healthcare and dependent care reimbursement.
• Employee assistance program.
• Paid time off and sick time.
• 401(k) plan with company match.
• Annual performance bonus eligibility of up to 30%, based on individual and property performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Director