Director of Finance

Kimpton Hotels & RestaurantsNew Orleans, LA

About The Position

This role provides essential support, financial knowledge, and expertise as a key business manager within the company. The objective is to assist all levels of management in delivering the highest quality of hospitality service to guests globally. The Director of Finance will support General Managers (GMs) in achieving business goals, oversee property accounting and control functions, ensure timely reporting of operational results, and maintain the integrity of the management information system.

Requirements

  • Bachelor’s Degree in Accounting or Business Studies is required.
  • 2 to 3 years of Director level experience in Hospitality finance is preferred.
  • Well organized, detail oriented with excellent follow-up.
  • Ability to work under time pressures and extensive hours.
  • Must possess excellent communication skills both internally and externally.
  • Proficient in Microsoft Office Suite, current on technology expertise.
  • Excellent financial modeling, project management and strategic thinking skills with a strong work ethic.
  • Ability to read, write, and verbally communicate effectively and professionally with other business departments, guests, and vendors.
  • Ability to diplomatically deal with difficult situations and people, while exhibiting a consistent level of professionalism.
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions and decimals.
  • Ability to compute rate, ratio, and percent; and to draw and interpret bar graphs.
  • Familiarity with basic accounting procedures.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
  • Ability to interpret a variety of instructions.

Nice To Haves

  • Master’s Degree and/or CPA is a plus.
  • Experience with PeopleSoft or similar accounting package is preferred.
  • Prior experience with Outlook soft/BPC preferred.

Responsibilities

  • Supervise all accounting functions for the Hotel and Restaurant.
  • Prepare financial statements within the Home Office closing schedule and according to 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.
  • Prepare monthly forecasts and cash flow statements upon request.
  • Prepare timely and accurate sales, use, and occupancy tax returns, as well as other external reports.
  • Ensure successful treasury cash management as per policies and procedures.
  • Ensure compliance with the management agreement and related legal documents, understanding their financial implications for the Property and Home Office.
  • Maintain effective system and control procedures as outlined in the policies and procedures manuals.
  • Ensure the integrity and efficiency of computerized data processing functions.
  • Compile and submit financial reports, budgets, forecasts, and other company-required information accurately and within specified time limits, identifying variances and recommending improvements.
  • Review forecasts and budgets prepared by hotel and restaurant management teams to ensure reasonable and achievable performance guidelines for owners, GMs, and the Home Office.
  • Ensure all legal, treasury, and tax documentation is properly maintained and secured, satisfying all statutory and fiscal reporting requirements, including governmental permits and licenses.
  • Ensure adequate controls are installed and maintained to protect the property's assets against loss or misappropriation.
  • Lead and perform an advisory or interpretive role.
  • Coach department heads on their financial responsibilities and effective financial management techniques.
  • Adhere to the highest ethical and business standards, and to the laws of the countries, states, and cities where the company does business.
  • Continuously monitor economic, social, and governmental trends and policies to keep General Managers and Home Office Management informed of any implications that may affect the hotel or restaurant's financial performance.
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