Director of Finance

Kimpton Hotels & Restaurants•New Orleans, LA

About The Position

The Director of Finance provides financial support, knowledge, and expertise as a key business manager, assisting all levels of management in delivering high-quality hospitality service. The role assists General Managers in achieving business goals and directs the property’s accounting and control functions, ensuring timely reporting of operating results and the integrity of the management information system. The position oversees accounting, financial reporting, budgeting, forecasting, cash management, tax and statutory reporting, and financial controls. It advises General Managers and the Home Office team on financial results, supports department heads in their financial responsibilities, and monitors external trends and policies that may affect the hotel or restaurant’s financial objectives.

Requirements

Bachelor’s degree in Accounting or Business Studies.
Strong organizational skills and attention to detail.
Excellent communication skills.
Proficiency in Microsoft Office Suite and current technology expertise and know-how.
Excellent financial modeling, project management, and critical thinking skills.
Strong work ethic.

Nice To Haves

Master’s degree and/or CPA.
Two to three years of Director-level experience in hospitality finance.
Experience with PeopleSoft or a similar accounting package and Outlook soft/BPC.

Responsibilities

Supervise all accounting functions for the property.
Prepare financial documents within the closing schedule and in accordance with company policies and procedures, Generally Accepted Accounting Principles, and the Uniform System of Accounts.
Analyze and interpret financial results to assist and advise General Managers and the Home Office team.
Maintain monthly balance sheet analysis with full supporting detail, and prepare accurate forecasts and cash flow statements upon request.
Prepare timely and accurate sales, use, and occupancy tax returns and other required external reports or returns.
Ensure successful treasury cash management and compliance with the management agreement and related legal documents.
Ensure the integrity and efficiency of computerized data processing functions.
Ensure financial reports, budgets, forecasts, and other required information are accurately compiled and submitted on time; identify variances and recommend improvements.
Review forecasts and budgets prepared by management teams to ensure performance guidelines provided to owners, General Managers, and the Home Office are reasonable and achievable.
Ensure legal, treasury, and tax documentation is maintained and secured, and statutory and fiscal reporting requirements—including governmental permit and license requirements—are satisfied.
Ensure adequate controls are installed and maintained to protect property assets against loss or misappropriation.
Coach department heads on their financial responsibilities and effective financial management techniques.
Monitor economic, social, and governmental trends and policies, keeping management informed of implications for the hotel or restaurant’s financial objectives.