Assistant Director of Finance Hospitality

CoralTree Hospitality•Olympic Valley, CA

About The Position

Are you ready to help shape the future of travel and hospitality? CoralTree is seeking an Assistant Director of Finance to join our team at Everline Resort & Spa . As the Assistant Director of Finance, you'll provide daily management of the accounting department which includes payroll, income audit, accounts payable, and general ledger. You'll be responsible for reconciling and maintaining the integrity of the general ledger. In addition, you will assist with the preparation of accurate and timely financial reporting, including cash flow, and routinely providing financial support and analysis to leadership across the resort. About Everline Resort & Spa Located in California’s Olympic Valley, Everline Resort & Spa provides a premier mountain getaway to North Lake Tahoe. The resort offers a year-round destination with ski-in/ski-out access to Palisades Tahoe, the third largest ski resort in North America, a championship golf course, relaxing spa treatments and a wide range of recreational activities. Our sophisticated lodge environment perfectly complements its rugged surroundings and reflects the spirit of the region. Our on-site restaurant options include casual dining at Sandy’s Pub, breakfast cuisine at Cascades, a cozy coffeehouse and marketplace at Bearshine Café, delicious Asian-inspired comfort food at Iron Road Noodle House, and fine dining at Six Peaks Grille. Additional resort amenities comprise our heated swimming pools open year-round, a 150-foot water slide, scenic hiking and biking trails, fly-fishing and cross-country ski centers, and a private ice-skating rink that is available to guests throughout the winter season. Everline Resort & Spa takes inspiration from the distinct history and experience of the property and is a nod to the historic rail lines that connected throughout the area. As a valued member of the CoralTree team, you'll receive a comprehensive benefits package that includes: Discounted Palisades Tahoe Ski Pass Food & beverage, retail, and spa discounts Free rentals on ski gear, ice skates, Nordic skiing, and golf course access Discounted rooms at Hyatt and CoralTree Properties An employee assistance program. Paid sick time. Participation in a 401(k) plan with a company match. Medical, Dental and Vision insurance at Employee rates subsidized by the Company Some benefits may vary based on job status

Requirements

Bachelor’s Degree in Accounting.
Hospitality background, 3-5 years’ experience with complex properties including food & beverage finance a plus.
Solution-oriented leader with previous supervisory experience required.
Experience and confidence presenting to ownership.
Experience with working with HOAs and HOA boards.

Responsibilities

Direct and assume responsibility for proper execution of the Resort’s accounting practices, maintenance of accurate financial records, and the timely preparation of financial reports.
Utilize standard reporting, as well as insightful comprehensive metrics, to drive continuous improvement for the Resort. This responsibility also includes Resort financial planning, budgeting, accounting and cash management.
Assist in nurturing the important relationship with the Resort owners. Be responsible for supervising and coordinating reporting as required.
Provide timely, concise monthly reporting for the Resort, custom reports as requested, respond quickly to questions or requests and participate in Partner and other appropriate meetings.
Prepare and communicate effectively and timely with the HOA board concerning shared expenses and other allocations
Complete the year-end audit process. Review and approve all reconciliations and audit work papers.
Coordinate external auditor’s visits, respond to auditor requests, approve any and all adjustments, reconcile the audit numbers to the property numbers and approve the final audit.
Review historical and projected cash flows. Take required actions to ensure cash flow is appropriately managed. Communicate to the responsible Property Operations executive, Regional VP of Finance and others, including owners, as necessary.
Supervise and participate in the preparation and review of all monthly and annual financial statements. Investigate, review and analyze the variance explanations, and involve the department managers in this process. Ensure all narratives are well written and explain why the variance occurred.
Interpret operating results as they affect the financial aspects of the Resort, making specific recommendations that will result in cost reductions, profit improvement and benefit to the Resort overall.
Organize and drive the annual budgeting process for the Resort. Monitor and assist in preparing the property budgets, capital budgets, development budgets and business plans. Ensure accuracy and completion of the budgets on or before the due date.
Aid in the preparation and final review of the annual business plan. Check appropriation requests against approved budgets prior to committing funds; exercise accounting control to ensure that budgeted expenditures do not exceed authorized levels.
Coordinate integration of the development financial activity into the operating activity with the result being concise, timely reporting for the overall Resort.

Benefits

Discounted Palisades Tahoe Ski Pass
Food & beverage, retail, and spa discounts
Free rentals on ski gear, ice skates, Nordic skiing, and golf course access
Discounted rooms at Hyatt and CoralTree Properties
An employee assistance program.
Paid sick time.
Participation in a 401(k) plan with a company match.
Medical, Dental and Vision insurance at Employee rates subsidized by the Company
Some benefits may vary based on job status
Group medical, dental, vision, life, and disability benefits.
Participation in a pre-tax flexible benefit plan for healthcare and dependent care reimbursement
An employee assistance program.
Paid time off/sick time
Participation in a 401(k) plan with a company match.