Director of Finance And Accounting

2 weeks ago

Isle of Palms, United States Hyatt Hotels Corporation Full time

Wild Dunes Resort

Nestled on the northern tip of Isle of Palms, a lush barrier island off the coast of South Carolina, Wild Dunes Resort, “the Resort,” offers two top-ranked hotels, including the new coastal-modern Sweetgrass Inn, 150 Condos, and over 200 Homes and Villas, 1,600 acres of world-class golf, tennis, award-winning restaurants, Sweetgrass Spa, and 2 miles of pristine beach on the Isle of Palms, South Carolina.

The Resort, also known as Charleston’s Island Resort, is located just 30 minutes from the charm and grace of historic downtown Charleston, is the largest resort of its kind in the region, offering accommodations for groups of up to 650 people and the chance for leisure guests to enjoy a Lowcountry getaway. Many publications and associations have distinguished the Resort as a top destination for families, golfers, tennis lovers, and meeting and event planners. The Resort is one of Hyatt’s unique Destination brand properties.

The Director of Finance reports to the Managing Director and will be responsible for the Resort's financial, organizational, and reputational success. This role embraces the property's vision and service culture, promoting unity and teamwork amongst all departments, cultivates a supportive and productive relationship with internal and external partners, and manages organizational change productively by driving continuous improvement, building support for change, and adapting to change. The Resort has a complex business model that requires someone experienced and skilled at understanding and communicating abstract financials and who can help grow our business while leading the career development of self and others by attracting and retaining high-performing talent while encouraging and supporting career development and driving continuous learning.

PURPOSE OF THE JOB

At Hyatt, we believe our guests select Hyatt because of our caring and attentive associates, who are focused on providing exceptional service and meaningful experiences as a member of the property’s Senior Leadership Team, the Director of Finance is a highly visible role with exposure to Senior and Corporate leadership, as well as Owner and Community Relations.

THIS IS NOT YOUR TYPICAL CAREER OPPORTUNITY. THIS IS THE HYATT TOUCH

This is a big job with big rewards, not the least of which is working with a fantastic team. We have great benefits and are also part of the Hyatt family, making our benefits even better, like free and discounted lodging worldwide. It’s pretty astounding to work in Charleston, South Carolina County: fresh oysters and jazz in the winter, beach, fantastic food, and old-world southern charm. It is a great place to play during your time off or to raise an active family.

Hyatt's colleagues work in an environment that demands exceptional performance yet reaps great rewards. Whether you are ready for this challenge, we are prepared for you, whether it’s career opportunities, job enrichment, or a supportive work environment.

DIRECT REPORTS AND RESPONSIBILITIES

  • Finance/Accounting
  • Purchasing and Procurement
  • Information Technology
  • Telecommunications

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

  • Financial property management to include Hotels, Condos, Homes & Villas. and HOA’s.
  • Preparation, analysis, and reporting on monthly financial results.
  • Cash Flow Management.
  • Lender and banking relationships.
  • Budgeting and forecasting complex hospitality, HOA, and Real Estate operations.
  • Use Excel, Essbase, Hyperion & GL Wand to prepare consolidated financial statements.
  • Owner presentations.
  • Manage the relationship with owners, asset managers, Brand, and HOA boards
  • Work with the Leadership Committee to create value as a strategic business partner.
  • Review of legal contracts and related insurance requirements.
  • Familiarity with insurance placement claims and employee benefits.
  • Manage and oversee annual capital expenditures and the development and management of multi-year capital plans/budgets.
  • Oversight of Accounts Payable, Accounts Receivable, General Ledger, Owner, and HOA accounting and partnering with Hyatt’s shared service center.
  • Maintain compliance with federal, state, and local taxes and Department of Labor regulations.
  • Internal and external audits and preparation of consolidated annual financial statements.

WORKING ENVIRONMENT/PHYSICAL DEMANDS

The physical demands described in this job description are representative of those that a team member must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform basic functions. While performing the duties of this job, the team member is regularly required to walk, stand, and sit.

QUALIFICATIONS: EDUCATION, KNOWLEDGE, TRAINING, & WORK EXPERIENCE

  • The individual must possess the following knowledge, skills, and abilities and be able to explain and demonstrate that he or she can perform the job's essential functions, with or without reasonable accommodation.
  • Must possess the following strengths: high energy, entrepreneurial spirit, motivational leadership, effective communicator, capable of providing exceptional customer service, and ability to improve the bottom line.
  • Knowledge of departmental and hotel/condo/residence/resort operations.
  • Must be an advanced user of Microsoft Office, including Excel, Word & PowerPoint.
  • Experience with Springer-Miller Systems and Oracle software preferred.
  • Must have excellent organizational, interpersonal, and administrative skills.
  • Ability to exercise judgment in evaluating situations and in making sound decisions.
  • Ability to analyze and interpret financial data.
  • Leadership and organizational skills (team orientation, flexibility, adaptability), including leading and training a team.
  • Ability to analyze large volumes of complex financial information from many sources and create reports and forecast projections.
  • Basic understanding of complex computerized financial systems.

EDUCATION

  • 4-year Hospitality, Accounting, Finance or similar degree required, MBA or CPA preferred, or the same in experience.

EXPERIENCE

  • 10 years or more of progressive hotel accounting experience in complex hospitality operations.

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