Director of Finance - Limelight Aspen & Snowmass

Aspen Skiing Company•Aspen and Snowmass, CO

5d•Onsite

About The Position

The Director of Finance is responsible for the strategic leadership and day-to-day financial operations of the Limelight Aspen and Limelight Snowmass hotel properties while providing oversight and support for all financial and accounting functions across the hotels. The Director of Finance supervises and directs all aspects of financial operations, including Accounts Payable (AP), Accounts Receivable (AR), credit and collections, payroll, cash management, internal controls, auditing, general ledger, financial reporting, tax compliance, budgeting, and forecasting. The Director of Finance partners closely with the Senior Director of Finance and the Hotel General Managers to ensure sound financial management, operational excellence, regulatory compliance, and the achievement of the hotels' financial objectives. This position reports to the Senior Director of Finance.

Requirements

Bachelor’s degree in Accounting or Finance required
7 or more years of experience, in a Senior Manager or Director level position, leading hotel finance and accounting division
Knowledge with hotel property management software, point of sale systems, electronic time clock systems, spreadsheet software and other hotel applications
Knowledge of budgeting, forecasting, and capital project accounting
Proficient knowledge in Microsoft Word, Excel and PowerPoint
Proficient knowledge of all aspects of hotel accounting
Ability to analyze and improve processes to enhance efficiency and effectiveness.
Ability to cross collaborate with cross-functional teams, including finance, operations, and sales, to ensure integrated project execution
Ability to lead by utilizing interpersonal and communication skills to influence and encourage others, advocate for sound financial decisions, and lead by example
Strong interpersonal skills and possession of a full understanding of professional business ethics with team and guests
Excellent oral (presentation) and written communication and organization skills
Ability to effectively analyze and use operational, financial, and marketing data to maintain and improve market share/penetration goals
Ability to work well under deadline pressure and to quickly adapt to a constantly changing market
Ability develop and implement local accounting and financial control procedures and systems to ensure key controls, safeguard assets, improve operations and profitability
Ability to provide leadership by clearly communicating financial concepts when rolling out initiatives and projects, measures and reports on actual versus anticipated results
Ability to develop, implement and monitor hotel-specific accounts receivable credit and collection practices in compliance with company-level policies and procedures
Ability to follow company policies and local standard operating procedures

Nice To Haves

Ability to occasionally lift, push or pull 25 lbs. individually or with assistance

Responsibilities

Create and execute business plans that are aligned with the properties and brand’s business strategies
Plan, organize, direct and control the financial operations while ensuring the security of hotel assets, maximizing the return on investment, providing timely and accurate reporting and analysis of results and integrity of the management information systems
As a member of the hotel’s Executive Committee, the Director of Finance is a highly visible role with exposure to Senior Corporate leaders and Asset Managers of owning entities
Lead in the completion, review and presentation of monthly forecasts, annual operating and capital budgets and business plans prepared by hotel management team to provide stakeholders with reasonable and achievable guidelines of performance aligned with the Company’s and brand’s strategic direction
Prepare accurate, timely and complete monthly financial statements with detailed workpapers and schedules in accordance with the company’s policies and procedures, applicable hotel management agreements, and Generally Accepted Accounting Principles (GAAP)
Responsible for risk management to preserve hotel property and reduce potential liability claims
Manage and control receivables, payables, credit, payroll, cash handling, and treasury functions with the hotel’s accounting department staff
Distribute outlook and forecast information as an up-to-date management tool for operating departments, review and analyze variance versus actual results to measure and improve accuracy
Maintain insurance coverage for protection against property losses and potential liabilities and ensure that all licenses, permits, contracts and legal agreements are up to date
Use financial and operational performance analysis, including benchmarking, to maximize hotel’s revenue, GOP flow-through and bottom-line financial return
Comply with record retention as required for internal and external audits, coordinate audit visits, respond to auditor requests, government regulations, federal, state and local laws and contractual agreements, including CBA’s
Monitor purchasing/ordering/delivery compliance, analyze reports from company-mandated buying programs, and approve all purchases, and expenses
Other duties as assigned