Director of Finance

Wischermann Partners•Edina, MN

2d•Onsite

About The Position

The Director of Finance is responsible for the overall financial health of the hotel, overseeing the annual budget process along with the daily activities, including A/R, A/P, cash-handling, and all revenue/expense accounts. This role requires a leader with strong financial acumen and the ability to understand and react to the hotel operations.

Requirements

Bachelor’s degree in accounting, finance, business management or a related education preferred.
Previous experience in a similar role in a full-service hospitality operation.
Strong computer skills, including Microsoft Office, M3 accounting software, ProfitSword, Property Management Systems, Point of Sale Systems, Payroll systems, and other finance-related platforms.
Strong communication skills, both verbal and written, including complaint handling and resolution.
Results oriented and highly motivated self-starter.
Ability to stay calm under pressure and manage multiple concurrent demands while prioritizing responsibilities.
Aptitude to perform numerical analysis of data and formulate conclusions and solutions.
Good reading, writing, and oral proficiency in the English language.
Flexibility to work a varied schedule, which may include weekends and holidays.
Ability to lift and carry up to 40 pounds on own and up to 100 pounds with assistance.
Ability to stand and walk for entire shift.
Requires writing, standing, sitting, walking, repetitive motions, bending, climbing, listening and hearing ability, and visual acuity.

Nice To Haves

Approachable, authentic, and engaging demeanor, setting an example for all Associates.
A proven track record in a management role with the ability to inspire, motivate, and engage.

Responsibilities

Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
Develop and manage internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
Review, verify, and report daily revenue and expense reports.
Prepare financial statements, business activity reports, financial position forecasts, annual budgets, reports required by regulatory agencies, and all other reports requested.
Analyze the financial activities of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
Monitor financial activities and details, such as cash flow and reserve levels, to ensure that all legal, brand, and regulatory requirements are met.
Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
Prepare and file annual tax returns in coordination with the corporate team and ownership.
Compute, withhold, and account for all payroll deductions.
Assist in all aspects of employee insurance, benefits, and casualty programs, including monitoring changes in health insurance regulations and creating budgets for benefits and worker’s compensation.
Oversee contracts and agreements and assist hotel management in maintaining licenses, permits, insurance, and contracts.
Create appropriate development plans and develop associates based on their individual strengths, development needs, career aspirations and abilities.
Participate in departmental meetings and continually communicate a clear and consistent message regarding the departmental goals to produce the desired results.
Recruit, interview, hire, and train Finance associates.
Conduct performance evaluations and discipline staff when needed.
Maintain a professional and personable appearance at all times, according to hotel standards.
Successfully achieve the hotel’s core values of ownership, innovation, craft, respect, and community.
Primary duty will be performing work that is directly related to the hotel’s business operations and customers. This includes exercising discretion and independent judgment with respect to matters of significance.
All other duties as requested.