Area Director of Finance

Position: Area Director of Finance

Location:

Minneapolis, MN

Job Id: 637

# of Openings: 1

AREA DIRECTOR OF FINANCE

Reports to the General Managers, position is exempt

WHO WE ARE Recently awarded Travel + Leisure's Top 25 Hotel Brands Worldwide.

When launched in 2011, Aparium saw a clear need for a company that could bring c-suite service and accommodations to underserved yet distinct and important cities while maintaining and celebrating the unadulterated character of each. Driven by the belief that the poetics of their surroundings should fuel all hospitality experiences, Aparium was born with an intense focus on unearthing the amazing moments unique to every city. Since its founding, Aparium has grown into a new kind of hotel brand, one that ventures off the beaten path, both geographically and philosophically. It is a sophisticated hotel brand known for its singular ability to combine the business acumen of large hospitality companies with the charm of boutique hotels, bringing the disparate forces together in bustling, smaller markets.

WHO YOU ARE Your career experience is eclectic and dynamic.

Having grown your career from diverse operating roles into corporate or regional leadership roles within upper-upscale or luxury hotel companies, you became bored.

You decided to follow your curiosity to boutique hotel and lifestyle brands within private companies.

Your early experiences may not only have been in Finance, but possibly in Rooms or Food + Beverage or Sales + Marketing or something else.

You are candid, articulate, and savvy in your partnership with ownership groups and are adaptable in how you engage with a variety of stakeholders.

For you to feel comfortable within our portfolio, you will have familiarity with secondary markets and recognize that hospitality differs from city to city and even from neighborhood to neighborhood.

You are comfortable with casual sophistication and realize the concept of luxury has evolved to be approachable and not cookie-cutter.

You are adventurous in your backyard and are known to have your pulse on your city and are a ready participant within your community.

You get excited about the newest restaurant opening, amenity packaging, a guest service story created by an employee's intuition and not a standard, a new service concept, and get goosebumps when one of your direct reports gets promoted.

THE ROLE The Area Director of Finance reports to the hotel's General Managers and ensures execution of hotel financial obligations.

The person in this position must be tactical and strategic; if someone only prefers to "see the forest" and not "plant the trees," then this is not the role for them.

All leaders of Aparium are required to get down and dirty to unearth existing needs and personally ensure what needs to be fixed is repaired. Aparium is a young company in hyper-growth, so having the ability to be a soldier is as critical as being a general.

The Area Director of Finance provides strategic leadership, functional guidance, and valuable insights to operations leaders, partners, Executive Committees and Department Heads for optimal business decisions for hotels within their area; Interacts with the ownership group, asset managers, hotel legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to control the assets of the business effectively. The role is an interdependent part of the property leadership teams. The Area Director of Finance will be a highly motivated team player with a background in finance, accounting, and business operations and extensive experience in the hospitality industry. The position will oversee Hewing Hotel in Minneapolis, MN as well as another property within the Aparium portfolio.

WHAT YOU WILL DO

Uphold and model the company's principles of People, Place, and Character; and ensure direct reports are also modeling the way of our values that drive collaboration, intuition, and translocal hospitality

Oversee and manage the financial operations of multiple properties, including accounting, financial reporting, budgeting, forecasting, and analysis

Develop and implement financial policies, procedures, and controls that ensure compliance with corporate policies and industry regulations

Provide strategic financial guidance and support to property management teams in order to maximize revenue and profitability

Analyze financial data and prepare reports to provide insight into business performance and trends

Work closely with the Regional Director of Finance to develop and execute financial strategies that support the company's overall growth and profitability goals

Manage relationships with external auditors, tax advisors, and other financial service providers

Ensure the accuracy and completeness of financial records and reports, and oversee the preparation of tax returns and other financial filings

Participate in the monthly financial reviews and assist DOF's presenting required reports

Manage and help oversee hotels' on-site accounting functions to ensure property fiscal management, timely, accurate reporting, and analysis for the hotel

Develop and maintain strong relationships with stakeholders, including property owners, lenders, and investors

Hire, train, and manage multiple onsite teams of finance professionals to ensure that all financial operations are carried out effectively and efficiently

HOW YOU WILL LEAD

Engage others in general conversation; leading and adapting communication and presentation tactics to engage your audience; displaying adaptable interpersonal skills for a wide range of audiences and stakeholders

Approach fact-finding and discovery missions in a collaborative effort; valuing input and experiences of others that creates additional insight to uncover deeper issues that may need to be addressed or removed as a barrier to implementation

Value the importance of making decisions with integrity, maintaining confidentiality across internal workgroups, and knowing how to use discretion when appropriate; knows how to keep a secret by understanding the difference between transparency and confidentiality

Demonstrate highly analytical thoughts and recommendations, although never acting like the smartest person in the room; and continually seeking out the facts; able to express a point of view without being driven by your ego

Demonstrate business acumen and practice sound financial decisions by ensuring the actions and plans put into place support the achievement of sales goals and budgets

Demonstrate the ability to identify strategic needs yet can be a "soldier" to ensure a strategic plan is implemented

WHAT YOU WILL NEED

Bachelor's degree in Accounting, Finance or Hospitality; Master's degree preferred

Minimum of 10 years of experience in finance, accounting, or business operations, with at least 5 years of experience in the hospitality industry

Previous Area DOF or related experience is a plus

Strong leadership and management skills, with a proven track record of building and leading high-performing teams

Excellent analytical and problem-solving skills, with the ability to analyze complex financial data and provide actionable insights

Strong communication and interpersonal skills, with the ability to build productive relationships with internal and external stakeholders

Knowledge of financial reporting standards and regulations, including GAAP and SEC regulations

Proficiency in financial modeling, forecasting, and budgeting tools and software

Ability to work independently in a fast-paced, dynamic environment, and manage multiple projects simultaneously

Ability to work on-site at Hewing Hotel in the North Loop neighborhood of Minneapolis while also travelling to another Aparium property under their oversight on a recurring basis (likely no more than once per month)

Ability to work in a dog-friendly work environment

As an Equal Opportunity Employer, Aparium Hospitality Services celebrates diversity and is committed to creating an equitable and inclusive environment for all employees to ensure they feel a sense of belonging.

We do not discriminate and believe every individual should be proud of who they are, where they come from and take pride in who we serve. Aparium is an E-Verify employer.

#MGL

Apply for this Position

#J-18808-Ljbffr