The Director of Finance will safeguard hotel assets and financial resources to maximize profitability. This role ensures full compliance with local regulations, corporate policies, and Management Agreement requirements. The Director will provide timely, accurate financial reporting and strategic counsel to senior management, while maintaining strong internal controls and ensuring adherence to financial policies and procedures. Key responsibilities include overseeing the preparation of monthly financial reports, ensuring accuracy and integrity of all financial data, monitoring Accounts Receivable and collections, and ensuring proper documentation for all contracts, leases, and agreements. The role also involves managing hotel cash flow, overseeing banking structures and controls, and monitoring long-term debt. The Director will monitor and control all revenues, costs, and expenses to drive profitability, lead budgeting and forecasting processes, and drive cost discipline. Additionally, the position involves ensuring compliance with financial, legal, and audit requirements, maintaining relationships with ownership, auditors, and external partners, and implementing audit recommendations. The Director will also lead, mentor, and develop the Finance team, foster strong working relationships across departments, and drive continuous improvement in financial processes and operational efficiency. Effective communication with stakeholders, including the Planning Committee and Department Heads, is crucial, as is advocating Finance programs and policies across the hotel.
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Job Type
Full-time
Career Level
Director