Director of Finance
4 weeks ago
Duties and Responsibilities:
- Supervise employees responsible for financial reporting, accounting, billing, collections, payroll, and budgeting.
- Develop and manage internal control policies and procedures for budget administration, cash and credit management, and accounting.
- Stay updated on organizational policies, federal and state directives, and current accounting standards.
- Review, verify, and report daily revenue and expense reports.
- Prepare financial statements, business activity reports, financial forecasts, annual budgets, regulatory reports, and other requested reports.
- Analyze financial activities to identify opportunities and areas for improvement.
- Monitor financial activities and details, including cash flow and reserve levels, ensuring compliance with legal, brand, and regulatory requirements.
- Conducted or coordinated audits of company accounts and transactions to ensure state and federal compliance.
- Prepare and file annual tax returns with the corporate team and ownership.
- Handle payroll deductions.
- Assist with employee insurance, benefits, and casualty programs, including monitoring health insurance regulation changes and budgeting for benefits and worker’s compensation.
- Oversee contracts and agreements, assisting hotel management with maintaining licenses, permits, insurance, and contracts.
- Develop appropriate development plans for associates based on individual strengths, needs, aspirations, and abilities.
- Participate in departmental meetings, communicating clear and consistent messages about departmental goals.
- Recruit, interview, hire, and train finance associates.
- Conduct performance evaluations and discipline staff as needed.
- Maintain a professional appearance according to hotel standards.
- The hotel’s core competencies include work product, teamwork, culture, guest service, work ethic, problem-solving, and entrepreneurship.
- Perform duties directly related to the hotel’s business operations and customers, exercising discretion and independent judgment on significant matters.
- Perform additional duties as requested.
Qualifications:
- Bachelor’s degree in accounting, finance, business management, or related field.
- Previous experience in a similar role within a full-service hospitality operation.
- Proficiency in Microsoft Office, M3 accounting software, ProfitSword, Property Management Systems, Point of Sale Systems, payroll systems, and other finance-related platforms.
- Strong verbal and written communication skills, including complaint handling and resolution.
- Results-oriented and highly motivated self-starter.
- Ability to remain calm under pressure, manage concurrent demands, and prioritize responsibilities.
- Proficiency in numerical analysis and the ability to formulate conclusions and solutions.
- Approachable, authentic, and engaging demeanour, serving as a role model for associates.
- Proven track record in a management role with the ability to inspire, motivate, and engage staff.
- Proficiency in reading, writing, and speaking English.
- Flexibility to work varied schedules, including weekends and holidays.
- Ability to lift and carry up to 40 pounds independently and up to 100 pounds with assistance.
- Ability to stand and walk for the entire shift.
- Requires writing, standing, sitting, walking, repetitive motions, bending, climbing, listening, hearing, and visual acuity.
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