Director of Finance

Stanford Court Hotel • San Francisco, CA

1d • $150,000 - $200,000 • Onsite

About The Position

The Director of Finance provides consistent financial leadership for the hotel, focusing on profitability, accurate and timely financial reporting, effective internal controls, compliance with applicable regulations and Highgate Hotels’ procedures, and protection of owners’ and investors’ assets. The role oversees financial operations and reporting, supports management with analysis and advice, and helps ensure the hotel operates safely and efficiently.

Requirements

• At least 5 years of hospitality finance or accounting experience.
• Prior Controller or Director of Finance experience, preferably at a premium-branded hotel.
• Excellent verbal and written communication skills.
• Bachelor’s degree required, preferably in Finance or Accounting.
• Must supervise 2 or more employees.
• Proficiency in Windows, company-approved spreadsheets and word processing, and operation of hotel-specific systems.

Nice To Haves

• Prior Controller or Director of Finance experience at a premium-branded hotel.

Responsibilities

• Manage and communicate cash flow issues, including preparation of monthly financial statements and cash flow statements, management of receivables and payables, cash balances, control mechanisms, and timely deposits.
• Monitor hotel revenues and expenses and ensure accurate recording according to Highgate Hotels’ guidelines; monitor and control cash flow and operating forecasts.
• Create annual budgets and monthly variance analyses, investigate variances against budget or prior year, and offer practical improvement methods to management.
• Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management with enforcing compliance.
• Analyze financial data and operations to assist and advise management in maintaining the hotels’ financial objectives.
• Follow standard accounting policies and procedures and internal controls for finance and accounting operations.
• Review and approve balance sheet accounts, including monthly bank and general ledger reconciliations.
• Establish and continually audit internal financial controls covering purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
• Complete internal and external financial audits, coordinate with CPA firms, and provide requested information to auditors on time.
• Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
• Maintain compliance with Highgate Hotels’ standards and regulations to support safe and efficient hotel operations.
• Direct or prepare required financial reports and meet deadlines, including weekly A/R and A/P aging, flash reports, payroll reports, and revenue updates; monthly financial statements, forecasting, Key Statistics reports, and cash flow; and annual budgets, five-year plans, and five-year capital plans.
• Interact with Executive Committee members to ensure property operations remain on track and under control.
• Monitor the hotel’s compliance with reporting deadlines and due dates and respond accordingly.
• Monitor accurate production of the hotel daily operating report.
• Carry out other special projects and responsibilities as assigned.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Short-term and long-term disability insurance
• 401(k) retirement plan with employer matching contributions
• Paid holidays
• Paid vacation
• Paid sick leave in accordance with applicable law
• Employee assistance program (EAP)
• Tuition reimbursement
• Paid jury duty leave, personal leave, medical leave, and military leave in accordance with applicable law

What This Job Offers

• Job Type: Full-time
• Career Level: Director