Area Director of Finance

4 weeks ago

St Louis, United States StepStone Hospitality Full time

•Provide financial leadership and support to hotels in assigned area or market.

•Ensures property P&L's are accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered to appropriate individuals in a timely manner.

•Ensures tax rates used for sales/use tax are current and proper amounts are collected and/or accrued.

•Ensures compliance with standard and local operating procedures (SOPs and LSOPs).

•Ensures account balances are supported by appropriate documentation in accordance with SOPs.

•Oversee & support internal controls specifically Standard Operating Procedures (SOP) compliance.

•Reviews audit issues and makes corrections as necessary.

•Ensures property permits, licenses and if applicable vendor contracts are current.

•Maintain file of all contracts, leases, insurance policies, tax reports, expenses, payroll, etc.

•Leverages centralized accounting processes and shared services.

•Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.

•Support the hotel financial department, including accounts receivable, accounts payable, auditing, payroll, general accounting, and EOM reporting.

•Monitor and reconcile all Balance Sheet accounts including the bank accounts monthly.

•Support food and beverage inventories as needed (auditing, booking entries etc.).

•Planning and implementation of financial procedures and systems.

•Preparation of reports outlining hotel's financial position in areas of income, expense, and earnings based on past, present, and future operations.

•Assist with the development of short- and long-term financial plans for the hotel's that support overall StepStone objectives.

•Preparation of the annual hotel operating budget, capital budget, & business plan.

•Preparation of weekly/monthly hotel forecasting.

•Participate in monthly P&L reviews/meetings as well as ownership review meetings as required.

•Process payroll including data input and tax filings as required by State and Federal law.

•Monitor and correct the performance of the hotel through verification and analysis of monthly financial reports.

•Leverages technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making.

Other duties as required to support the Regional Controller to achieve desired results.

Requirements

•Must have a comprehensive knowledge of all hotel departments and functions.

•Must have a comprehensive knowledge applicable Federal, state, and local health, safety, and legal regulations.

•Must have exceptional mathematical and computer skills (Microsoft office products).

•4-year college degree required in accounting or finance and 5 years of similar work experience preferably in the lodging industry required.

•Ability to timely obtain any required licenses or certificates.

Salary Description

$110K-$120K

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