Director of Finance

Marriott•Saint Augustine, FL

18d•$115,000 - $120,000

About The Position

The Director of Finance provides consistent financial leadership for the hotel, focusing on profitability, accurate and timely financial reporting, acceptable internal controls, compliance with applicable federal, state, and local regulations and Highgate Hotels’ standard operating procedures, and safeguarding owners’ and investors’ assets. The hotel is owned and operated by franchisee Highgate Holdings, which is a separate employer from Marriott International, Inc. The role oversees hotel financial operations and reporting, including cash flow, receivables, payables, revenues, expenses, forecasts, budgets, financial statements, reconciliations, audits, regulatory compliance, and internal financial controls. It also hires, trains, supervises, and develops staff; works with hotel management and Executive Committee members; and completes other assigned projects and responsibilities.

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 hotel-specific systems.

Nice To Haves

Prior Controller or Director of Finance experience at a premium-branded hotel is preferred.
A Bachelor’s degree in Finance or Accounting is preferred.

Responsibilities

Manage and communicate cash-flow matters, including preparation of monthly financial statements, management of receivables and payables, cash balances, control mechanisms, and timely deposits.
Monitor hotel revenues and expenses and ensure accurate recording in accordance with Highgate Hotels’ guidelines; monitor and control cash flow and operating forecasts.
Create annual budgets and monthly variance analyses; investigate variances to budget or prior year and recommend practical improvements to management.
Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management in enforcing compliance.
Analyze financial data and operations to assist and advise management in maintaining the hotel’s financial objectives.
Follow standard accounting policies and procedures and internal controls for finance and accounting operations.
Review and approve balance sheet accounts in a timely manner, 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.
Coordinate and successfully complete internal and external financial audits, including work with CPA firms and timely delivery of requested information.
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 by their 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 reports; and annual budgets, five-year plans, and five-year capital plans.
Interact in a timely manner with Executive Committee members to ensure property operations are on track and under control.
Monitor compliance with report deadlines and due dates and respond accordingly.
Monitor accurate production of the hotel daily operating report.
Execute other special projects and responsibilities as assigned.