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**Director of Financial Operations**, **Financial Controller**, **Chief Financial Officer**

2 months ago

Chicago, Illinois, United States HEI Hospitality, LLC Full time
About Our Company

At HEI Hospitality, LLC, we are dedicated to delivering exceptional hospitality experiences to our guests. Our upscale hotels provide easy access to vibrant attractions in downtown Chicago, and we are committed to building a diverse and inclusive workplace.

We value U.S. military experience and invite all qualified military candidates to apply. Our company is an equal opportunity employer, and we evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Job Summary

We are seeking a highly skilled and experienced **Director of Financial Operations** to join our team. The successful candidate will be responsible for supervising and directing the financial activities of the hotel, safeguarding assets, and preparing all financial reports in accordance with generally accepted accounting principles and company standards.

Key Responsibilities
  • **Financial Analysis and Reporting**: Perform special financial analysis as needed and/or requested by the General Manager and Corporate Office. Provide accurate policy interpretations and practical solutions from a cost vs. benefits viewpoint.
  • **Executive Committee Participation**: Actively participate in Executive Committee and staff meetings. Assist other managers in analyzing statements, distributions, and other financial data.
  • **Financial and Accounting Practices**: Maintain effective cash control systems with audits and reports for each period. Review security over assets and auditing inventories. Understand all pertinent leases, contracts, agreements, covenants, and restrictions.
  • **Budget Preparation**: Schedule and coordinate the preparation and presentation of the annual operating budget. Coordinate all aspects of the capital expenditures budget according to company SOP.
  • **Capital Expenditure Control**: Control the Capital Expenditure program and complete ROI Analysis.
  • **Financial Objectives**: Complete entries required for preparation of the financial statements. Review statements for inaccurate data and make corrections within the following period. Inform the General Manager and Corporate management of current and potential financial problems.
  • **Accounts Receivable**: Maintain appropriate standards for 60-90 day accounts. Conform to standards regarding the average collection period. Document the local credit policy and auditing property compliances. Approve all major accounts for credit as defined by local policy.
  • **Balances in Asset and Liability Accounts**: Reconcile account balances on a current basis. Establish balances in accruals, pre-paid, and other accounts using proper accrual methods and expense realization logic.
  • **Management of Department**: Maintain and update job descriptions and standards for the department. Ability to comply with corporate and local policies for wages paid (increases and timing). Establish an effective cross-training program within the department.
Qualifications
  • B.S. in Accounting or Hotel Management
  • 3+ years experience in Hotel or Hospitality related Finance and Accounting
  • Analytical approach to problems, regard for detail and accuracy
  • Assertive personality, professional demeanor
  • Effective verbal and written communication skills. Ability to adapt communication style to suit different audiences.
Benefits

We offer a comprehensive benefit program that provides choices for your physical, mental, and financial wellness. Our benefits include competitive Medical and Dental programs, Vision insurance, Vacation, Sick and Holiday programs, and a 401(k) Savings Plan with matching funds. We also offer discounts through our 'YouDecide' and Hotel Room Discount programs.

We proudly partner with DailyPay, a voluntary benefit that allows our associates access to their earnings when they want them.