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Director Finance OEM

2 months ago

San Francisco, United States Aimbridge Hospitality Full time

Job Summary
The Director of Finance is responsible for all activities related to budgeting, forecasting, profit and loss reporting, and account reconciliation for operating and balance sheet accounts for our hotel location. This role directly oversees all accounting activities related to income auditing, cashiering, accounts payable processing, accounts receivable collection, tax compliance, payroll, and month-end processing. Ensuring financial controls, accurate reporting, and profitability is a big job and not for the faint of heart, but you will not be alone. This position is a high-profile Executive Committee position. This role is eligible for overtime pay.

Qualifications:

  1. Possess a 4-year Bachelor Degree in Finance/Accounting and a minimum of 5 years of experience in a finance leadership position or a 5+ year history of progressive career growth in hotel finance (or in a similar industry)
  2. Experience with budgeting, forecasting, profit and loss reporting, and balancing ledgers for operating and balance sheet accounts
  3. Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
  4. Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information, and deal with abstract variables for unique or unfamiliar situations
  5. Proven leadership and coaching skills with a track record of developing a highly motivated and cross-trained group of progressive accounting professionals
  6. Ability to clearly and concisely present technical subjects
  7. Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
  8. Ability to comprehend and use technical or professional language either written or spoken to communicate complex ideas
  9. Superior Computer skills: Microsoft Office, POS/PMS systems, and the ability to create, maintain, and analyze data in Excel spreadsheets
  10. Ability to work a varied schedule including days, evenings, weekends, holidays, and extended hours based on business needs

Responsibilities:

  1. Verifies the accuracy and timeliness of all finance functions: daily and month-end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management
  2. Completes comprehensive month-end close to include preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, ensuring proper tax reporting, and analyzing profit performance
  3. Creates the annual operating plan that is aligned with the company's strategic direction
  4. Provides analytical tools and support to department heads during budget preparation
  5. Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels
  6. Ensures monthly P&Ls reflect accurate revenues, expenses, and cost of sales calculations
  7. Analyzes daily and monthly variances between actual, forecasted, and budgeted performance
  8. Advises GM and executive team on existing and upcoming financial and operational issues
  9. Leads the property in developing and maintaining a strong labor culture that maximizes productivity performance
  10. Facilitates monthly P&L reviews to uncover challenges, opportunities, and trends
  11. Ensures strong accounting and operational controls to safeguard assets and maximize profits
  12. Oversees internal and city audit processes
  13. Provides continuous direction to and education of the operational team in all areas related to finance, financial reports, internal controls, labor management, payroll, month-end reconciliation, P&L performance, etc.

Property Details
Chic Hotel In San Francisco's Waterfront Neighborhood
Hyatt Centric Fisherman's Wharf is centrally located near San Francisco landmarks including Pier 39, Ghirardelli Square, and the historic network of cable cars.

Company Overview
As the global leader in third-party hotel management, our growing portfolio represents over 1,550 hotels in all 50 states and 22 countries.

Benefits
After an initial waiting period, those hired into full-time positions are eligible for a competitive benefits package that includes Medical, Dental, and Vision Coverage, Short-Term and Long-Term Disability Income, Term Life and AD&D Insurance, Paid Time Off, Employee Assistance Program, and 401k Retirement Plan.

Compensation
Min: USD $99,698.40/Yr.
Mid: USD $124,623.00/Yr.
Max: USD $149,547.60/Yr.

EEO Statement
Aimbridge Hospitality provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type.

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