Director of Finance Business Support Residential Operations

2 days ago


San Francisco, United States AccorHotel Full time

Position scope

Under the business supervision of the Vice President of Finance & Business Solutions and within the limits of ACCOR policies and procedures HOA (Home Owners Association) governing documents and local requirements the position is responsible for the oversight of all finance/accounting matters and supervision of the Finance and Business Support team at Fairmont Heritage Place (FHP).

The Director of Finance & Business Support will provide strategic leadership functional guidance and valuable insights at Fairmont Heritage Place Ghirardelli Square. The candidate will be a highly motivated team player with strong skillsets in finance accounting communication business presentation analysis and fluent knowledge of HOA governing documents and operations.

Core Duties and Responsibilities

 

Business Partnering and Performance Management

  • Creation and embracing the culture of business partnering by working with the General Manager at FHP Ghirardelli Square. The Director of Finance & Business Support and the General Manager are jointly responsible for achieving optimal operating performance and returns for ACCOR and our owners without losing sight of all measured KPIs
  • Lead and supervise the finance team to ensure the books and records are in compliance with GAAP Accor local state and federal laws
  • Partner and collaborate with finance and leadership team to provide strategic leadership and functional guidance for the residential property
  • Develop the business and financial acumen of the finance and leadership team to ensure they understand the impact of every component on the business in order to drive performance and compliance in areas of responsibility
  • Develop and manage relationship and communication with HOA board members and HOA Finance Committee and fulfill HOA governance requirements

Financial Planning Reporting and Analysis

  • Provide accurate and complete financial and management reports on a timely basis to hotel management corporate office and HOA in accordance with the company (ACCOR) and ownership (HOA) reporting requirements and policy
  • Review financial performance of department/area analysis of variances forecasts and budgets and/or recommend alternate strategies to continually improve effectiveness of the business or financial management within the boundaries of governing company (ACCOR) and ownership (HOA) documents
  • Manage the financial affairs of the HOA in compliance with governing documents and management agreements
  • Manage the financial audit preparation and coordinate the audit process
  • Manage the Capital Reserve Plan and Capital Fund aligned with ACCOR standards. Ensure all hotels establish and maintain the tracking of fixed assets subledgers and depreciation
  • Audit FHP Benefit programs to ensure proper capture of revenue and compliance with standards
  • Collaborate with real estate community to maximize unit and/or fractional sales and owner values
  • In addition to the preparation of all financial statements accounting and statistical reports and any other special report that may be required by VP of Finance or the General Manager the Director of Finance & Business Support is responsible for interpreting said reports and then communicating the results with the VP of Finance General Manager and relevant department heads

Compliance & Risk Management

  • Has a fiduciary responsibility to ACCOR and the HOA for ensuring the hotel is reporting in compliance with the policies the Uniform Chart of Accounts HOA documents and hotel management or other contractual arrangements with respect to accounting matters
  • All laws and fiscal regulations of the area location which effect financial matters of the hotel will be complied with. This includes seeing that proper permits and licenses are obtained for such things as liquor licenses sellers permit business licenses etc.
  • To protect the owners and the management companys interest in the hotel assets and operations.
  • The safekeeping of all lease and contracts and any other legal records and documents which may affect the financial status of the hotel. Such documents are to be listed and keep current on the Critical Date List
  • To follow all safety policies

Performs other similar or related duties as necessary

 

Compensation: 

Salary Range $130k $150k

 


Qualifications :

 

  • Accounting Designation Bachelors or masters degree in Business Finance or a relevant field of work or an equivalent combination of education and workrelated experience. CPA or MBA preferred
  • 35 years progressive workrelated experience in multiple areas of accounting (including property management hotel or homeowners association accounting) and/or capital projects management and reporting financial and/or business analysis accounting merger/acquisition analysis or a related area with 35 years managing teams and/or significant complex projects.
  • Demonstrated experience in leading & developing people. Strong communication skills both verbal and written to address all levels within the organization and ability to gain consensus and influence others.
  • Demonstrated experience with accounting system or similar financial software for the purpose of financial reporting analysis and presentation.
  • Demonstrated knowledge of finance budgeting and accounting processes and regulations along with demonstrated knowledge of capital projects management standards and techniques and GAAP regulations and procedures.
  • Fluent in Microsoft Window applications and relevant computer applications
  • Highly responsible & reliable with exceptional attention to detail
  • Ability to work cohesively as part of a team
  • Ability to focus attention on guest needs remaining calm and courteous at all times

Remote Work :

No


Employment Type :

Fulltime



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