Senior Financial Operations Director
4 days ago
About W Chicago - City Center
We are a distinguished property in the Pyramid Global Hospitality portfolio, located in the heart of Chicago, Illinois. Our hotel features 403 stylish guest rooms and 12,589 sq ft of versatile meeting space.
At W Chicago - City Center, we pride ourselves on delivering outstanding service and creating memorable experiences. We offer diverse positions across various departments, including guest services, food and beverage, housekeeping, spa and wellness, sales and marketing, and more.
As a member of our team, you'll work in a dynamic and supportive setting, surrounded by the vibrant energy and iconic architecture of Chicago. We provide comprehensive training programs to ensure our employees have the skills and knowledge needed to excel in their roles.
We are seeking a seasoned Complex Director of Finance to oversee all aspects of the Finance and Accounting Department for two hotels. Reporting to the General Manager and Vice President of Finance, this executive-level position is a key leader within the organization.
The ideal candidate will act as a mentor, guide the team, and stay actively involved in the daily operations of the hotel and finance department. Key Responsibilities include:
- Manage and communicate cash flow-related issues effectively to both management and ownership.
- Coordinate and lead the preparation of forecasts and budgets, actively involving the Executive Team and department managers.
- Analyze financial data and operational metrics to support management in achieving the hotel's financial goals.
- Ensure timely reconciliation of all balance sheet accounts.
- Establish, maintain, and audit internal financial controls, including purchasing, cash handling, disbursements, credit extension, inventories, assets, payroll, and record-keeping.
- Direct and prepare comprehensive financial reports in compliance with company standards and deadlines.
- Oversee regulatory compliance for licenses, permits, leases, contracts, legal agreements, and operational taxes.
This role requires a Bachelor's degree in Accounting, Finance, Business or a related field, with a minimum of 5 years prior experience as a Director of Finance for a hotel. Strong analytical, organizational, and leadership skills are essential, along with proficiency in financial management software and tools. Ability to communicate effectively and work collaboratively with various stakeholders is also required.
The compensation for this position is estimated at $137,625 per year, based on qualifications and experience.
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