Creative Financial Staffing | Director of Finance CO | denver, co
14 hours ago
Director of Finance
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 for Director of Finance:
- 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 for Director of Finance:
- 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 for Director of Finance:
- Competitive salary and bonus structure.
- Comprehensive health, dental, and vision insurance.
- Opportunities for professional growth and development.
- Discounted travel.
#INNOV2024
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denver, United States Creative Financial Staffing Full timeDirector of Finance Location: Poconos, PAReports to: CFODepartment: Finance & AccountingJob 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...
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