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Director of Finance

2 months ago

Tannersville, United States Creative Financial Staffing Full time

Job Title: Director of Finance - Resort Hotel

Location: Poconos, PA
Reports to: CFO
Department: Finance & Accounting
Job Type: Full-Time On-Site

Position Overview:

The Director of Finance will oversee the financial operations of a luxury resort hotel, ensuring accurate financial reporting, budget management, forecasting, and financial strategy. This position plays a key role in shaping the hotel's financial health and long-term growth by providing insights and leadership to the management team. The Director of Finance will work closely with department heads to achieve operational efficiency and drive profitability.

Key Responsibilities:

  • Financial Planning & Analysis:
    • Develop and implement financial strategies aligned with the hotel's overall business objectives.
    • Prepare and analyze monthly, quarterly, and annual financial reports, ensuring accuracy and completeness.
    • Lead the budgeting and forecasting processes, providing actionable insights to optimize revenue and control expenses.
  • Revenue & Profitability Management:
    • Monitor and analyze revenue streams, identifying opportunities for growth and cost-saving initiatives.
    • Collaborate with the General Manager and department heads to drive the financial performance of the hotel.
    • Implement effective financial controls to maximize profitability while maintaining exceptional guest service.
  • Compliance & Risk Management:
    • Ensure compliance with all local, state, and federal regulations, as well as company policies and procedures.
    • Manage audits and ensure the hotel's adherence to financial reporting standards (GAAP or IFRS).
    • Assess financial risks and develop strategies to mitigate them.
  • Leadership & Team Management:
    • Lead and mentor the finance and accounting team, fostering a culture of accountability and continuous improvement.
    • Provide financial training and guidance to department managers and staff to enhance financial literacy across the organization.
    • Collaborate with external auditors, tax advisors, and other financial stakeholders.
  • Cash Flow & Treasury Management:
    • Oversee cash flow management, ensuring optimal liquidity to meet the hotel's operational needs.
    • Manage relationships with banking partners, negotiating financing and credit terms as needed.
  • Cost Control & Expense Management:
    • Monitor operating expenses and implement cost-saving measures without compromising service quality.
    • Oversee procurement processes, ensuring the best value for the hotel's financial resources.
  • Capital Projects & Asset Management:
    • Evaluate and provide financial analysis for capital expenditures and long-term investment opportunities.
    • Ensure the hotel's assets are maintained and properly accounted for, including inventory and property.

Qualifications:

  • Bachelor's degree in finance, accounting, or related field; MBA or CPA preferred.
  • In-depth knowledge of hotel/resort financial operations, including revenue management, forecasting, and budgeting.
  • Strong understanding of financial regulations, reporting standards, and audit processes (GAAP/IFRS).
  • Excellent leadership, communication, and interpersonal skills.
  • Proficiency in financial software and systems (e.g., SAP, Oracle, or similar platforms).
  • Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
  • Strong problem-solving and analytical skills.

Benefits:

  • Competitive salary and bonus structure.
  • Comprehensive health, dental, and vision insurance.
  • Opportunities for professional growth and development.
  • Discounted travel.

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