Director of Finance

Greenwood Hospitality Group • Monterey, CA

3d • $158,000 - $160,000

About The Position

Establishes, coordinates and administers all financial systems, internal controls and the hotel capital plan. Prepares and reviews budgets, forecasts, operating results, financial reports and tax returns in compliance with government regulations, company, franchise and ownership requirements. The Director of Finance is the financial manager of the hotel. The position is responsible for short and long term planning and the daily operations of the department. Develops and recommends the department’s budget and objectives and manages within those approved plans. Participates in total hotel management as a member of the hotel’s Executive Committee and is responsible for providing the timely dissemination of reports to management to assist in achieving bottom line results. Consults and clears with the Regional Vice President and Corporate Controller any accounting transactions or control procedures which are not specifically addressed in company Accounting Policies and Procedures Manual or which requires interpretation.

Requirements

• Requires advanced knowledge of the accounting, finance and hospitality profession.
• Requires working knowledge of the major areas and the skill to integrate and communicate that information.
• Requires professional certification (e.g. CPA) or the equivalent level of experience.
• Ability to study, analyze and interpret complex activities or information in order to improve known practices or develop new approaches.
• Ability to make decisions based on only general policies and procedures.
• Must possess communication skills in terms of the ability to negotiate, convince, sell and influence professionals, management and/or hotel guests.
• Excellent speech communication skills required to train and deal with management, employees.
• Excellent comprehension and literacy required for reports, computers, ledgers, etc.
• Lifting, pushing, pulling, carrying - limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment.
• Bending/kneeling - limited bending/kneeling required when arranging supplies or equipment.
• Mobility - limited mobility between offices and departments.
• A four year college degree (accounting preferred) or equivalent education/experience.
• Experience required by position is five to ten years of employment in a related position with this company or other organization(s).

Responsibilities

• Establish, coordinate and administer an adequate plan for the control of operations. This plan would provide profit planning, sales forecasts, expense budgets, capital requirement/needs, cost standards and the necessary procedures for effecting the plan.
• Formulate local accounting policy, coordinate systems and procedures and prepare operating data and special reports as required to compare performance with operating plans and standards and to report and interpret the results of operations to all levels of management and ownership (where applicable) to ensure timely information is provided in order to maximize profits.
• Act as a financial consultant; provide information on the financial impact of business decisions for all segments of management responsible for policy or action concerning any phase of the business that relates to attainment of objectives, effectiveness of policies and organization structure and procedures.
• Establish and administer all tax filing and government reporting procedures to ensure accurate, timely information is provided in compliance with laws and regulations.
• Monitor compliance with hotel and accounting policies and procedures, legal requirements and contractual obligations (including obligations under a management agreement) utilizing internal controls, auditing and security procedures to ensure deviations are brought to the attention of the General Manager and appropriate regional management and to protect the hotel’s assets.
• Manage the installation and maintenance of accounting computer systems and equipment to ensure optimum performance.
• Has a fiduciary responsibility to company and management.
• Performs special projects and other responsibilities as assigned.
• Travel required to other company hotels and corporate for meetings, training and task forces.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees