Vice President of Finance

2 weeks ago

San Antonio, United States The Hotel Emma Full time

The Vice President of Finance forms part of the Hotel and Company Executive Leadership Team who collectively make key strategic and operational decisions for Hotel Emma and the future of Hotel Emma Management. The VP of Finance is responsible for safeguarding the hotel assets and financial resources contributing towards maximizing hotel profitability and sustainability. Provides timely and accurate financial information and counsel to hotel senior management, ownership and advisory board, and ensures that the hotel operates within all Hotel Emma policies and procedures and under the terms of the management agreement and any other applicable agreements. The VP of Finance is a key strategic partner in all of Hotel Emma's future endeavors and our current Vision. Provide strategic partnership in overseeing the day to day Hotel Emma finance department responsibilities as well as provide partnership in the future endeavors of Hotel Emma Management Company projects. Provide executive leadership guidance and partnership in all finance matters. Responsible for monitoring, controlling and recording all sales, purchases, salaries and expenses of the hotel. Responsible for the preparation of a comprehensive monthly report of the entire financial results of the hotel in established property formats and in accordance with generally accepted accounting principles. Coordinate the delegation of responsibility and authority to the Hotel's Controller. Assist the CEO in establishing policies, rules, internal controls and safeguards that ensure profitability and control of operations and to report any deviations to the CEO. Provide Treasurer function to the hotel with regard to cash planning, and review the cash position on a daily basis in order to optimize the use of funds. Review the status of Accounts Receivable aging and monitor billing and collections to ensure achieving Hotel Emma standards. Ensure that all local, state and federal taxes are deposited timely, and all related reports are filed on a timely basis. Maintain files on all contracts, leases and agreements and ensure compliance with their requirements. Take appropriate personnel related action (i.e. hire, commend, discipline, evaluate, etc.) Evaluate the performance of Accounting, Purchasing and IT personnel with a view towards development and an emphasis on those individuals qualifying for future advancement. Maintain close liaison with the hotel's external and internal auditors and ensure effective action as necessary on all their agreed upon recommendations. Conduct self in a professional manner at all times to reflect the high Hotel Emma culture and standards. Perform any additional duties as assigned by the CEO. Job Requirements: 5 to 10 years’ experience in hospitality Finance Management; preferably in a luxury/independent Hotel. College degree, preferably in Finance, Hospitality Management or related field for the role. Expert knowledge of generally accepted accounting principles. At least 5 years leadership experience in hospitality; leading a finance or accounting team is required. Experience being a part of an executive leadership team.

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