Director of Finance

1 month ago

los angeles, United States Pivotal Solutions Full time

Director of Finance

We are currently seeking a passionate, driven, and ambitious Director of Finance to join our exceptional sales team. If you love connecting with people, building meaningful relationships, and driving results, this is the perfect opportunity for you. You’ll find more than just a job—you’ll discover a place where you can thrive, learn, and grow your career in hospitality.

If you’re ready to take on exciting challenges, work alongside a dynamic team, and enjoy the rewards of your efforts, this is your moment to make an impact.


Departments: Finance

Accountable To: General Manager

Status: Exempt

Primary Objective::

The Director of Finance will focus on all areas of accounting, finance and information technology: financial reporting, planning and analysis; risk management, contracts and compliance; underwriting; negotiation and interpretation of all management agreements; domestic company tax; competitive benchmarking.

Areas of Accountability::

  • Responsible for the overall operation of the accounting department.
  • Delegates authority and responsibility to appropriate staff.
  • Provides for the orderly reporting of financial matters by developing appropriate systems and procedures.
  • Provides guidance for management by directing, preparing, and providing accurate financial analyses.
  • Assures compliance with the internal controls.
  • Investigates problems that may arise in reporting of hotel operations.
  • Proves that systems are working accurately by performing audits.
  • Directs and maintains flow of communications.
  • Analyzes variances to budget in operating statement, making appropriate recommendations.
  • Audits weekly cost and expenses.
  • Identifies operational areas that are inefficient and suggests possible solutions to the Executive Committee.
  • Achieves best possible financial status for the hotel by performing a variety of control functions.
  • Optimizes cash flow.
  • Complies with all applicable laws, rules, and regulations by preparing and filing tax and license information returns.
  • Assures collection of accounts receivable.
  • Reviews and maintains files in all contractual obligations of the hotel.
  • Meets and exceeds the expectations of the employees by utilizing leadership skills and motivational techniques in order to maximize employee productivity and satisfaction of direct reports.
  • Develops and implements strategies to achieve financial goals.
  • Recommends, approves and confirms employee salary increases.
  • Ensures that disciplinary action is taken as required utilizing constancy, fairness and respect.
  • Prepares reports as requested to develop a more informative databases for improved management decision making and critical evaluation of work activities.
  • Monthly Forecasting
  • Labor Management
  • Support to Ownership on Financial Review and Cash Flow
  • Establish an understanding and appreciation of the cultural values and ideology and create a work environment that embodies these values and ideology through promotion of teamwork, accountability, empowerment, performance feedback, recognition, mentoring and overall colleague engagement.
  • Oversee the monthly and annual accounting and financial reporting and analysis functions in accordance with GAAP and Hotel Industry and other relevant regulatory and advisory organizations, and in accordance with financial management techniques and practices used within the hospitality industry.
  • Oversee and review the annual Company and hotel budget process conducted by the Company’s hotel accounting and finance teams.
  • With the general manager and other senior leaders, develop annually a strategic business and financial plan for the Company that translates into measurable annual operating and capital budgets in line with shareholder ROI objectives.
  • Oversee preparation and delivery of all financial presentations to the Company’s lenders, partners and investors.
  • Oversee the development and implementations of COSO internal controls framework for risk management and self-assessment tools across the Company and its Affiliates.
  • Oversee the development and implementation of an integrated, flexible and sustainable tax and treasury strategy that optimizes shareholder objectives for the Company and its Affiliates.
  • Working with the General Manager, other senior executives and the Company’s information technology team, oversee the development and ongoing upgrades of the Company and its Affiliates information technology offerings to ensure PCI compliance and facilitate best in class offerings for guest facing and back of house technology solutions.
  • Evaluate the Finance division structure and team; plan for continuous improvement of the efficiency and effectiveness of the team and provide opportunities for professional and personal growth among colleagues in the division. The DOF's success will be measured in part by the creation of a leadership pipeline for the Company and its Affiliates organization.
  • Develops and implements strategies in conjunction with Executive Committee to achieve budget and financial goals.
  • Maintains safe and secure environment for clients and employees.
  • Keeps General Manager fully informed of all problems or financial matters of significance.
  • Performs all duties and responsibilities in a timely and efficient manner in accordance with established company policies and procedures to achieve the overall objectives of this position.
  • Maintains a favorable working relationship with all other company employees to foster and promote a cooperative and harmonious working environment.
  • Adheres to company policies and procedures.
  • Attends work as scheduled.
  • Follows hotel’s dress and grooming standards.
  • Minimizes safety hazards by following all safety rules and procedures.

Benefits::

  • Medical, Dental, Vision and Life Insurance
  • FSA Medical
  • Cellphone Reimbursement
  • Short Term Disability and Long-Term Disability
  • 401(K) Plan (up to a 6% match)
  • Vacation and Sick Leave
  • Tuition & Wellness Reimbursement
  • Employee Dry Cleaning
  • Employee Meal and Parking

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