Director of Finance | Hampton Inn & Suites Nashville Downtown

Horseshoe Bay Resort • Nashville, TN

21h • Onsite

About The Position

The Director of Finance provides ethical and consistent financial leadership for the hotel, supplying management with guidance, training, and support. The role focuses on business profitability, accurate and timely financial reporting, effective internal controls, compliance with federal, state, and local regulations, and safeguarding owners’ and investors’ assets. The Director evaluates financial impacts of business decisions, manages cash flow, monitors revenues and expenses, supports budgeting and forecasting, and advises management on financial objectives and performance. The position also oversees financial controls, reporting deadlines, staff development, and proper use and maintenance of hotel IT systems and equipment.

Requirements

• At least four years of experience as a Hotel Director of Finance.
• Demonstrated knowledge and accuracy in P&L composition, forecast accuracy, budgeting, cash management, and overall financial management that exceeds owner expectations.
• Advanced knowledge of Microsoft Office.
• Self-starting personality with an even disposition.
• Strong communication skills.
• Ability to exercise judgment when evaluating situations and making sound decisions.

Nice To Haves

• Prior experience with Hilton systems.

Responsibilities

• Evaluate the financial impact of business decisions.
• Promptly notify management of financial deviations from established policies and control weaknesses.
• Manage and communicate cash-flow issues, including preparing cash-flow statements, managing receivables and cash balances, maintaining control mechanisms, and ensuring timely deposits.
• Monitor hotel revenues and expenses and ensure accurate recording under Crescent Hotels & Resorts guidelines.
• Investigate variances to budget or prior year and recommend practical improvement strategies.
• Support capital planning by calculating returns on capital improvements, gathering supporting information, monitoring bids, and evaluating scopes of work and specifications.
• Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management in enforcing compliance.
• Coordinate completion of forecasts and budgets with active participation from the management team.
• Analyze financial data and operations to advise management on the hotels’ financial objectives.
• Ensure timely reconciliation of balance sheet accounts, including bank reconciliations, with proper supporting documentation.
• Establish and audit internal financial controls covering purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
• Hire, train, supervise, coach, counsel, develop, and discipline staff.
• Recruit and develop finance talent, including identifying associates who may progress into controller, accounting manager, or other management roles.
• Lead training and development programs for finance associates.
• Maintain compliance with Crescent Hotels & Resorts standards and regulations to support safe and efficient hotel operations.
• Ensure proper use, maintenance, and periodic upgrades of IT systems and equipment.
• Direct and/or prepare financial reports in accordance with Crescent Hotels & Resorts requirements and deadlines.
• Review and submit the Daily Revenue Report.
• Ensure timely deposit of cash and transmission of credit card transactions.
• Review labor reports for overtime and variances from forecast.
• Review departmental checkbooks and advise on needed changes.
• Distribute and discuss weekly general ledger reports with department managers.
• Update the General Manager on unfavorable financial issues affecting the month.
• Ensure sufficient cash is available to meet scheduled obligations.
• Ensure all banks and the main vault are counted.
• Review the Key Financial Controls Checklist for adherence and compliance.
• Compare actual results with forecasts, identify discrepancies, and improve forecast accuracy.
• Participate in the monthly credit meeting.
• Participate in and review forecasts with department heads before submission.
• Perform other job-related duties as assigned.

Benefits

• Highly competitive compensation.
• Benefit plan for eligible associates and their family members.
• 401(k) matching program for eligible associates.
• Discounts at Crescent-managed properties in North America for associates and family members.
• Discounts at Marriott brand properties worldwide.
• Health and wellness programs.
• Learning and development opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed