Director of Finance - The Nell New York

Aspen Skiing Company•New York, NY

2d•$170,000 - $200,000

About The Position

The Director of Finance leads the hotel’s strategic and day-to-day financial operations, overseeing financial and accounting functions and supporting sound financial management, operational excellence, regulatory compliance, and achievement of financial objectives. The role reports to the Senior Director of Finance and partners closely with that leader and the Hotel General Manager. As a member of the hotel’s Executive Committee, the Director of Finance also works with senior corporate leaders and asset managers of owning entities. The position oversees accounts payable and receivable, credit and collections, payroll, cash management, internal controls, auditing, the general ledger, financial reporting, tax compliance, budgeting, and forecasting. The Director develops and executes business plans aligned with hotel and brand strategies; prepares financial statements and reporting; supports budgeting and forecasting; and helps protect hotel assets, manage risk, and improve financial performance. This is a regular full-time position at The Nell New York. The stated salary range is $170,000–$200,000 per year, with actual pay dependent on budget and experience. Salaried roles are eligible for a bonus.

Requirements

Bachelor’s degree in Accounting or Finance.
Seven or more years of experience leading a hotel finance and accounting division in a Senior Manager or Director-level position.
Knowledge of hotel property management software, point-of-sale systems, electronic time-clock systems, spreadsheet software, and other hotel applications.
Knowledge of budgeting, forecasting, and capital project accounting.
Proficiency in Microsoft Word, Excel, and PowerPoint.
Proficient knowledge of all aspects of hotel accounting.
Ability to analyze and improve processes to enhance efficiency and effectiveness.
Ability to collaborate across finance, operations, sales, and other cross-functional teams.
Ability to lead through interpersonal and communication skills, influence and encourage others, advocate for sound financial decisions, and lead by example.
Strong interpersonal skills and a thorough understanding of professional business ethics with team members and guests.
Excellent oral presentation, written communication, and organizational skills.
Ability to analyze and use operational, financial, and marketing data to maintain and improve market share and penetration goals.
Ability to work under deadline pressure and adapt quickly to a changing market.
Ability to develop and implement local accounting and financial control procedures and systems to ensure key controls, safeguard assets, improve operations, and support profitability.
Ability to communicate financial concepts clearly when rolling out initiatives and projects, and to measure and report actual versus anticipated results.
Ability to develop, implement, and monitor hotel-specific accounts receivable credit and collection practices in compliance with company policies and procedures.
Ability to follow company policies and local standard operating procedures.
Ability to stand, type, and sit at a desk or computer for most of the work shift while performing repetitive movements.
Ability to perform the essential functions of the job with or without reasonable accommodation.

Nice To Haves

Ability to occasionally lift, push, or pull 25 lbs. individually or with assistance.

Responsibilities

Create and execute business plans aligned with the property’s and brand’s business strategies.
Plan, organize, direct, and control financial operations, protecting hotel assets, maximizing return on investment, ensuring timely and accurate reporting and analysis, and maintaining the integrity of management information systems.
Serve as a member of the hotel’s Executive Committee, with exposure to senior corporate leaders and asset managers of owning entities.
Lead the completion, review, and presentation of monthly forecasts, annual operating and capital budgets, and business plans, providing stakeholders with reasonable and achievable performance guidelines aligned with company and brand strategy.
Prepare accurate, timely, and complete monthly financial statements with detailed workpapers and schedules in accordance with company policies, hotel management agreements, and GAAP.
Manage risk to preserve hotel property and reduce potential liability claims.
Manage and control receivables, payables, credit, payroll, cash handling, and treasury functions with the hotel accounting staff.
Distribute current outlook and forecast information to operating departments and review and analyze actual-versus-forecast variances to measure and improve accuracy.
Maintain insurance coverage against property losses and potential liabilities and ensure licenses, permits, contracts, and legal agreements are current.
Use financial and operational performance analysis, including benchmarking, to maximize hotel revenue, GOP flow-through, and bottom-line financial return.
Maintain records as required for internal and external audits, coordinate audit visits, and respond to auditor requests while complying with regulations, laws, and contractual agreements, including CBA requirements.
Monitor purchasing, ordering, and delivery compliance; analyze reports from company-mandated buying programs; and approve purchases and expenses.
Perform other duties as assigned.