Director of Finance
About The Position
Are you ready to help shape the future of travel and hospitality? CoralTree is seeking a Director of Finance to join our team at Everline Resort & Spa , nestled in the breathtaking Lake Tahoe region. Just 40 minutes from Reno, NV, our resort offers a true mountain-town lifestyle with world-class skiing, hiking, and outdoor adventures right outside your door ( and of course, a free ski pass! ). As the Director of Finance, you'll provide daily management of the accounting department, including 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 provide financial support and analysis to leadership across the resort.
Requirements
- Bachelor’s Degree in Accounting, CPA preferred.
- Hospitality background with 3 - 5 years experience with complex properties including food & beverage.
- Solution-oriented leader with previous supervisory experience required.
- Experience and confidence presenting to ownership.
- Experience working with HOAs.
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 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.
- 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.
- Act as a liaison between Resort financial operations and the HOA board.
- Ensure that legal, fiduciary, reporting and financial service requirements of unit owners are satisfied.
- 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 along with monthly forecast 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
- 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.
- Team member free room night program.
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What This Job Offers
Job Type
Full-time
Career Level
Director
Number of Employees
5,001-10,000 employees
