Director Of Finance

3 weeks ago


New York, United States MCR Hotels Full time
Director Of Finance Sheraton New York Times Square Hotel, 811 7th Avenue, New York City, New York, United States of America Req #7711 Friday, August 2, 2024 The Director of Finance at the Sheraton New York Times Square Hotel will manage the day-to-day operations of the Finance Office. Primary responsibilities include financial analysis and financial reporting, budgeting/forecasting, audit and control, asset, and liability reconciliation, working capital and cash control. The ideal candidate for this position is detail oriented and a meticulously organized team player who possesses a positive, problem-solving attitude.
Responsibilities:   •Utilize interpersonal and communication skills to lead, influence, and encourage others •Advocate sound financial and business decision making •Demonstrate honesty and integrity, lead by example •Oversee internal, external, and regulatory audit processes •Celebrate successes by publicly recognizing the contributions of team members •Establish and maintain open, collaborative relationships with team members •Ensure property policies are administered fairly and consistently •Generate accurate and timely results in the form of reports, presentations, etc. •Analyze information and evaluate results to choose the best solution •Compile, code, categorize, calculate, tabulate, audit, and verify information or data •Ensure that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered appropriately •Reconcile balance sheet •Ensure tax rates used for sales/use tax are current and proper amounts are collected and/or accrued •Ensure compliance with standard and local operating procedures (SOPs and LSOPs) •Ensure account balances are supported by appropriate documentation in accordance with SOPs •Review audit issues and make corrections as needed •Ensure property permits, licenses, and (if applicable) vendor contracts are current •Leverage centralized accounting processes and shared services •Demonstrate knowledge of job-relevant issues, products, systems, and processes •Use computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information •Use relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards •Leverage technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making •Inform and update the team on relevant financial information in a timely manner •Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors •Submit reports in a timely manner, ensuring delivery deadlines •Ensure profits and losses are documented accurately •Achieve and exceed goals including performance goals, budget goals, team goals, etc.
Requirements:   •4-year bachelor's degree in Finance and Accounting or related major •Minimum 2 years of experience with finance functions in a full-service hotel •Knowledge of business law, taxes, as well as Department of Labor regulations •Sound decision making skills •Analytical skills •Leadership and organizational skills •Organizational skills and attention to detail  •Excellent communication skills both written and oral •Proficient in the use of Microsoft Office •Excellent time management •Ability to multi-task and work in a fast-paced environment •Experience with payroll processing •An aptitude for self-motivation  •A can-do attitude and a hands-on approach

Our Company

  • MCR is the 3rd-largest hotel owner-operator in the United States.
  • Founded in 2006, our company has offices in New York City, Dallas, Chicago, and Richmond, Virginia.
  • MCR has a $5.0 billion portfolio of 148 premium-branded hotels containing more than 22,000 guestrooms across 37 states and 106 cities.
  • MCR has more than 7,000 team members across the country and operates hotels under 9 Marriott brands, 8 Hilton brands and a number of unflagged independent hotels.
  • MCR was named one of Fast Company’s 10 Most Innovative Travel Companies of 2020.
  • MCR is a three-time recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners, and a recipient of the Hilton Legacy Award for Top Performer.
  • For the TWA Hotel at New York’s JFK Airport, MCR won the Development of the Year (Full Service) Award at The Americas Lodging Investment Summit (ALIS), the Urban Land Institute New York Excellence in Hotel Development Award and the American Institute of Architects national Architecture Award, the highest honor given by the AIA

What we offer/What’s in it for you?

  • Hotel Discounts
  • Weekly Pay
  • Paid Time Off
  • Retirement Options
  • Referral bonuses
  • Career advancement & upward mobility
  • Health, Dental, Vision Insurance- available after 30 days of employment for full-time team members
Other details
  • Job Family Independent
  • Pay Type Salary
  • Min Hiring Rate $160,000.00
  • Max Hiring Rate $220,000.00

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