Dual Director of Finance
About The Position
Sage Hospitality Group is seeking a Dual Director of Finance for the Hilton Garden Inn Union Station & Hotel Indigo Downtown Denver. This role is the financial leader of the hotel, overseeing all finance areas including payroll, budgeting, and forecasting. The Director of Finance is responsible for providing accurate and timely financial reports, implementing internal controls to safeguard assets, and ensuring compliance with regulations. The position requires excellent leadership skills and a proactive approach to identifying risks and presenting solutions. As part of Sage Hospitality Group, the company emphasizes enriching lives, empowering employees, and fostering an environment for independent thinkers and entrepreneurial spirits. They invest in personal and professional growth.
Requirements
- A four-year college degree (accounting preferred) or equivalent education/experience.
- Five to ten years of employment in a related position with this company or other organization(s).
- Knowledge of all hotel accounting functions performed by subordinates reporting directly or indirectly.
- Advanced knowledge of the accounting, finance, and hospitality professions.
- Ability to analyze activities or information involving original data manipulation or interpretation to arrive at logical conclusions.
- Office Management, Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, closing the books and preparing the Balance Sheet Package.
Responsibilities
- Assist in the operation of each department and special projects.
- Identify risks and present solutions to guide leaders in making effective decisions that meet the financial interests of the hotels.
- Develop annual operating budget, operating plan, and financial goals.
- Achieve budgeted revenues, costs, and profits through accounting diligence, expenditure controls, and proficient accounting practices.
- Set written priorities and key objectives for each department head quarterly, including action plans and completion dates, and follow up to assure successful implementation.
- Monthly forecasting of operating staff and cost expenditures.
- Business planning in line with forecasted sales and costs, including guidance to department heads.
- Monthly review of financial statements to correct problems, assure spending is in line, and plan for future business.
- Review and approve all expenses in "other expense" categories in all departments.
- Regularly review all major expenses to assure that monies are wisely expended.
- Promote associate morale and loyalty within their department and hotel, leading to reduced turnover.
- Communicate, counsel, and assist in staff development.
- Be visible and available to all associates in accordance with the Company's open door policy.
- Attend monthly department employee meetings whenever possible.
- Conduct performance appraisals and personal development plans for management staff.
- Identify substandard performance of individual managers and outline improvement actions, including taking corrective or disciplinary measures.
- Assure the level of experience, knowledge, and ability to meet job requirements of all hotel management.
- Review cost controls and assure adherence at all times to protect the hotel's property/assets.
- Review sales solicitation activities, room nights productivity, and group room rates sold by sales.
- Review individual productivity and take corrective actions.
- Evaluate market mix and take action to best position the hotel for increased business.
- Involvement in sales solicitation of key accounts by reviewing contracts, meeting with the sales department, and visiting key account contacts in person and by phone.
Benefits
- Eligible to participate in Sage bonus plan
- Unlimited paid time off
- Medical, dental, & vision insurance
- Eligible to participate in the Company’s 401(k) program with employer matching
- Health savings and flexible spending accounts
- Basic Life and AD&D insurance
- Company-paid short-term disability
- Paid FMLA leave for up to a period of 12 weeks
- Employee Assistance Program
- Great discounts on Hotels, Restaurants, and much more.
- Eligible to participate in the Employee Referral Bonus Program. Up to $1,000 per referral.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
