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![The Joule](https://media.trabajo.org/img/noimg.jpg)
Director of Finance
1 month ago
Location:
The Joule Dallas, TX
Built in the 1920s, the neo-Gothic landmark building at 1530 Main Street was originally the Dallas National Bank. It dominated the downtown skyline during a thriving era of Dallas banking and West Texas oil booms. Downtown Dallas flourished through the '80s, but as the 20th century drew to a close, it was a shadow of its former glory. A decade of development deals and massive renovations transformed the then-vacant bank building into a Forbes four-star boutique hotel. Aptly named after the international unit of energy, The Joule brought a charge to downtown Dallas when it opened in 2008. Through a series of further renovations and expansions as adjacent properties became available, The Joule has become a cultural, shopping, and dining destination-a forerunner in the renaissance of downtown Dallas.
Overview: The Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by focusing on the profitability of the business; maintaining accurate and timely financial reporting; ensuring acceptable levels of internal control; ensuring compliance with all federal, state, and local regulations and Highgate Hotels' Standard Operating Procedures; and safeguarding owners/investors assets.
Responsibilities:
- Effectively manage and communicate cash flow-related issues. This includes the accurate and timely preparation of monthly financial statements for the property: cash flow statements, management of receivables, payables, cash balances, control mechanisms , and timely deposits of all funds.
- Monitor hotel revenues and expenses and ensure accurate recordings in accordance with Highgate Hotels' established guidelines. Monitors and controls Hotel's cash flow and operating forecast.
- Creates annual budgets and monthly variance analysis. Investigates and critique variances to budget or to the prior year and offers practical improvement methodologies to management.
- Ensure hotels' compliance with all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Aid management in enforcing compliance on all these items.
- Analyze financial data and operations to assist and advise management in maintaining the hotels' financial objectives .
- Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations
- Timely reviews and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations.
- Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- Successful completion of all internal and external financial audits, including coordination of work with CPA firms and delivering information requested by auditors on a timely basis.
- Hire, train, supervise , and develop staff, including coaching, counseling, and discipline.
- Maintain compliance with Highgate Hotels' standards and regulations to ensure the safe and efficient operation of the hotel.
- Directs or prepares all financial reports in accordance with Highgate Hotels' requirements, meeting various due dates and deadlines, i.e. :
- Weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue Updates
- Monthly: Financial Statements, Forecasting Key Statistics Report, Cash Flow
- Annual: Budgets, 5-Year Plans, 5-Year Capital Plans
- Timely interacts with Executive Committee members to assure that property operations are always on track and under control .
- Monitor hotels' compliance in meeting required report deadlines and due dates and react accordingly.
- Monitor the accurate production of the hotel's daily operating report.
- Executes other special projects and responsibilities as assigned.
- Must supervise 2 or more employees
- Long hours are sometimes required .
- Always maintain a warm and friendly demeanor .
- Must be able to effectively communicate both verbally and written, with all levels of employees and guests in an attentive, friendly, courteous, and service-oriented manner.
- Must be effective at listening to, understanding, and clarifying concerns raised by employees and guests.
- Must be able to multitask and prioritize departmental functions to meet deadlines.
- Approach all encounters with guests and employees in an attentive, friendly, courteous, and service-oriented manner.
- Attend all hotel-required meetings and trainings .
- Maintain regular attendance in compliance with Highgate Hotels Standards, as required by scheduling, which will vary according to the needs of the hotel.
- Maintain high standards of personal appearance and grooming, which include wearing nametags.
- Comply with Highgate Hotels Standards and regulations to encourage safe and efficient hotel operations.
- Adhere to all Generally Accepted Accounting Principles and USALI 11 th Edition.
- Maximize efforts towards productivity, identify problem areas , and assist in implementing solutions.
- Must be effective in handling problems, including anticipating , preventing, identifying , and solving problems as necessary.
- Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives .
- Must be able to maintain confidentiality of information.
- Perform other duties as requested by management.
- At least 5 or more years of Hospitality Finance/Accounting experience.
- Prior Controller or Director of Finance experience
- Excellent verbal and written communication skills.
- Bachelor's degree required preferably in Finance or Accounting.
- Must be proficient in Windows, Company approved spreadsheets and word