Area Director of Finance| Los Angeles, CA

Hotel Equities•Alpharetta, GA

17h•$150,000 - $165,000•Hybrid

About The Position

As an Area Director of Finance, you will be responsible for overseeing the financial operations of multiple properties within a designated region. Your primary role involves managing a team of accountants, ensuring accurate financial reporting, implementing internal controls, and providing strategic financial guidance to optimize performance across all properties. As an Area Director of Finance, you play a pivotal role in driving financial performance and ensuring compliance across multiple properties. Your leadership, expertise, and strategic vision contribute to the success of the organization and help achieve its financial objectives.

Requirements

Bachelors degree in Accounting, Finance, or other business-related field of study required
Demonstrated proficiency in Internal Controls
Experience in managing Accounting close processes
Expertise in Financial Reporting
Expertise in Budget and Forecasting
Ability to create and analyze Cash Flow Reports
Experience in conducting Balance Sheet Reviews

Nice To Haves

Masters degree in Accounting preferred
Prior experience in Hotel Accounting is preferred

Responsibilities

Financial Management: Oversee the financial activities of multiple properties, including budgeting, forecasting, and financial analysis.
Ensure compliance with accounting principles, regulatory requirements, and company policies.
Monitor financial performance metrics and provide insights to drive decision-making.
Team Leadership: Lead and mentor a team of accountants across various properties.
Foster a collaborative and high-performing work environment.
Provide guidance, training, and professional development opportunities to team members.
Financial Reporting: Prepare and review financial statements, variance analyses, and other financial reports.
Ensure accuracy and timeliness of financial reporting processes.
Communicate financial results to management and stakeholders effectively.
Internal Controls: Develop and implement internal control procedures to safeguard assets and ensure compliance with financial regulations.
Monitor adherence to internal controls and address any deficiencies identified.
Budgeting and Forecasting: Coordinate the budgeting and forecasting process for each property within the region.
Analyze budget variances and recommend corrective actions as needed.
Assist in long-term financial planning and strategic decision-making.
Audit and Compliance: Liaise with external auditors and facilitate the audit process for all properties.
Ensure compliance with audit requirements and address audit findings in a timely manner.
Stay abreast of changes in accounting standards and regulatory requirements.
Financial Systems and Processes: Evaluate and streamline financial systems and processes to improve efficiency and accuracy.
Identify opportunities for automation and optimization of financial workflows.