Director of Finance

AccorHotel•Philadelphia, PA

29d

About The Position

Sofitel Philadelphia at Rittenhouse Square is seeking an experienced and strategic Director of Finance to join our Executive Committee. This role serves as the senior financial leader for the property, responsible for safeguarding the financial integrity of the hotel while driving profitability, operational efficiency, and long-term asset value. Reporting directly to the General Manager, the Director of Finance partners closely with ownership, asset management, and corporate leadership while providing financial guidance across all departments. This role combines strategic financial leadership with hands-on operational oversight, ensuring accurate reporting, strong internal controls, and the successful execution of the hotel’s financial strategy.

Requirements

Bachelor’s degree in Finance, Accounting, or related field
10+ years of progressive finance experience, including 5+ years in a senior hotel finance leadership role
Strong understanding of hotel financial operations and GAAP accounting principles
Demonstrated experience managing hotel accounting teams and financial processes
Proven ability to partner with executive leadership and ownership groups
Strong analytical, financial modeling, and strategic planning skills
Exceptional communication and leadership abilities
Ability to operate successfully in a fast-paced luxury hospitality environment

Nice To Haves

MBA, CPA, or equivalent certification preferred
Experience with SUN Systems, Opera PMS, and BirchStreet is a strong advantage

Responsibilities

Serve as a key member of the Executive Leadership Team, providing financial insight to support strategic and operational decisions
Partner with the General Manager and department leaders to drive profitability, operational efficiency, and revenue growth
Provide financial analysis and recommendations to support key business initiatives and investment decisions
Maintain strong relationships with ownership, asset managers, auditors, and corporate finance teams
Lead the preparation and execution of the annual operating budget, capital expenditure planning, and long-term financial strategy
Oversee monthly forecasting and financial outlooks, ensuring projections reflect business trends, market conditions, and operational performance
Conduct detailed variance analysis between actual results, forecast, and budget
Collaborate closely with Revenue Management and Sales leadership to ensure accurate business forecasting
Present financial results, forecasts, and strategic recommendations to ownership and corporate leadership
Oversee all accounting functions including: General ledger Accounts payable Accounts receivable Income audit Payroll processing
Ensure accurate and timely monthly financial reporting in compliance with Accor standards and GAAP
Manage the monthly closing process and preparation of financial statements
Prepare and review owner reporting packages and financial performance analysis
Ensure the integrity and reconciliation of the hotel’s balance sheet
Oversee bank reconciliations and treasury management
Monitor and manage accounts receivable aging and credit policies
Implement and maintain strong internal controls and financial procedures
Ensure full compliance with corporate policies, tax regulations, and internal/external audit requirements
Ensure full compliance with Accor corporate financial policies, internal audit requirements, and regulatory standards
Lead and coordinate internal audits, external audits, and ownership financial reviews
Maintain strong internal control systems and financial governance procedures
Ensure all financial processes comply with GAAP standards, tax regulations, and corporate reporting guidelines
Work closely with department leaders to ensure operational compliance with financial policies and procedures
Proactively identify and mitigate financial and operational risks through effective audit preparation and follow-up actions
Optimize cash flow management and banking relationships
Oversee working capital and cash forecasting
Support capital investment planning and ROI analysis
Collaborate with ownership and asset management to protect and enhance the hotel’s long-term asset value
Utilize financial and operational systems to support data-driven decision making
Lead and mentor the Accounting and Finance team, fostering a culture of accountability, collaboration, and continuous improvement
Provide leadership and oversight for team members responsible for: Balance sheet reconciliations Bank reconciliations Payroll processing Accounts receivable management Month-end close
Ensure strong departmental structure, training, and succession planning