Director of Finance
About The Position
The Director of Finance supervises and directs the hotel’s financial activities, safeguards its assets, and prepares financial reports in accordance with established guest service and sustainability standards. The role analyzes operational financial data to advise hotel management and support an efficient operation, and monitors and approves hotel sales, purchases, salaries, and expenses. The Director of Finance prepares, reviews, and presents monthly operating reports and prepares forecasts and budgets as required. The role oversees payroll practices, contracts, legal agreements, and internal financial controls, while assisting hotel management with licenses, permits, insurance, and contracts. The position also supervises and supports associates and performs other duties as requested by management. The position’s growth path is Area Director of Finance, Regional Director of Finance, and Corporate Director of Finance.
Requirements
- Bachelor’s degree required, preferably in Accounting or Finance.
- 5 to 10 years of accounting experience in the hospitality industry.
Responsibilities
- Interview, select, train, schedule, coach, and support associates, ensuring they perform in accordance with established brand or hotel standards and HHM core values.
- Analyze financial data of operations to advise hotel management and assist in maintaining an efficient operation.
- Monitor and approve all hotel sales, purchases, salaries, and expenses.
- Prepare, review, and present the Monthly Report of Operations.
- Prepare forecasts and budgets as required, including annual, revised annual, and monthly budgets, or as requested by management or ownership.
- Ensure payroll practices meet Fair Labor Standards Act requirements.
- Oversee contracts and legal agreements, and assist hotel management in maintaining licenses, permits, insurance, and contracts.
- Establish and audit internal financial controls, including controls for purchasing, cash handling and disbursements, inventories, hotel equipment, master keys, and associate time records.
- Practice safe work habits, wear protective safety equipment, and follow MSDS and OSHA standards.
- Perform other duties as requested by management.
Benefits
- Medical, dental, and vision health insurance
- Paid time off
- 401(k) company match
- Free basic life insurance
- Travel discounts
- Commuter transit and commuter parking benefits
- Quarterly bonuses and incentives
- Employee assistance and wellness program
- Educational and professional development
- Technology reimbursements
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What This Job Offers
Job Type
Full-time
Career Level
Director
