Director of Finance
About The Position
The Director of Finance provides leadership over the hotel’s financial operations, focusing on business profitability, accurate and timely reporting, internal controls, regulatory compliance, and the safeguarding of owners’ and investors’ assets. The role monitors financial performance and cash flow, advises management on financial objectives, and ensures compliance with company procedures and applicable regulations. The Director of Finance prepares and oversees financial reports, budgets, forecasts, variance analyses, reconciliations, and audits. The position also manages, trains, supervises, and develops staff and works with hotel management to keep property operations on track. The role is based at Viceroy Santa Monica in California.
Requirements
- At least 5 years of hospitality finance or accounting experience.
- Prior Controller or Director of Finance experience.
- 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.
Responsibilities
- Manage and communicate cash-flow matters, including monthly financial statements, receivables, payables, cash balances, control mechanisms, and timely deposits.
- Monitor hotel revenues and expenses, ensure accurate recording under company guidelines, and oversee cash flow and operating forecasts.
- Create annual budgets and monthly variance analyses; investigate variances and recommend practical improvements to management.
- Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, operational taxes, and company requirements.
- Analyze financial data and hotel operations to assist and advise management in meeting financial objectives.
- Comply with standard accounting policies, procedures, and internal controls for finance and accounting operations.
- Review and approve balance sheet accounts, monthly bank reconciliations, and general ledger account reconciliations.
- Establish and audit financial controls covering purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- Coordinate internal and external financial audits, including work with CPA firms and timely delivery of requested information.
- Hire, train, supervise, coach, counsel, and discipline staff.
- Maintain compliance with company standards and regulations to support safe and efficient hotel operations.
- Direct or prepare required weekly, monthly, and annual financial reports, including aging reports, flash reports, payroll reports, revenue updates, financial statements, forecasts, cash-flow reports, budgets, five-year plans, and five-year capital plans.
- Interact with Executive Committee members to help ensure property operations are on track and under control.
- Monitor compliance with reporting deadlines and respond as needed.
- Monitor the accurate production of the hotel’s daily operating report.
- Execute 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
- Educational opportunities and tuition reimbursement
- Paid jury duty leave, personal leave, medical leave, and military leave in accordance with applicable law
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What This Job Offers
Job Type
Full-time
Career Level
Director
