Director of Finance

Huntington San Francisco•San Francisco, CA

2d•$190,000 - $215,000•Onsite

About The Position

The Director of Finance provides consistent financial leadership for The Huntington hotel in San Francisco, focusing on profitability, accurate and timely financial reporting, effective internal controls, regulatory compliance, and safeguarding owners’ and investors’ assets. The role oversees the hotel’s financial operations, cash flow, budgeting, forecasting, accounting policies, audits, and financial reporting, while advising management on financial objectives and operational performance. The Director of Finance also hires, trains, supervises, and develops staff and works closely with Executive Committee members to keep property operations on track.

Requirements

At least 5 years of hospitality finance or accounting experience.
Bachelor’s degree required, preferably in Finance or Accounting.
Must supervise two or more employees.
Excellent verbal and written communication skills.
Proficiency in Windows, company-approved spreadsheets and word processing, and hotel-specific systems.

Nice To Haves

Prior Controller or Director of Finance experience, preferably at a premium-branded hotel.

Responsibilities

Manage and communicate cash-flow issues, including preparation of monthly financial statements, cash-flow statements, and management of receivables, payables, cash balances, control mechanisms, and timely deposits.
Monitor hotel revenues and expenses and ensure accurate recording in accordance with Highgate Hotels’ guidelines; monitor and control cash flow and operating forecasts.
Create annual budgets and monthly variance analyses, investigate variances to budget or prior year, and recommend practical improvements to management.
Ensure compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management in enforcing compliance.
Analyze financial data and operations to assist and advise management in maintaining the hotel’s financial objectives.
Comply with standard accounting policies, procedures, and internal controls for finance and accounting operations.
Review and approve balance-sheet accounts in a timely manner, including monthly bank and general-ledger reconciliations.
Establish and continually audit internal financial controls covering purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
Ensure successful completion of internal and external financial audits, coordinate with CPA firms, and provide requested information to auditors on time.
Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
Maintain compliance with Highgate Hotels’ standards and regulations to support safe and efficient hotel operations.
Direct or prepare financial reports according to Highgate Hotels’ requirements and deadlines, including weekly A/R and A/P aging, flash reports, payroll reports and revenue updates; monthly financial statements, forecasting key statistics reports and cash flow; and annual budgets, five-year plans and five-year capital plans.
Interact with Executive Committee members in a timely manner to ensure property operations are on track and under control.
Monitor compliance with required report deadlines and due dates and respond accordingly.
Monitor accurate production of the hotel 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