Financial Operations Manager
5 days ago
We are seeking a dynamic financial leader to spearhead the financial strategy of our renowned coastal resort, Spruce Point Inn, as part of Pyramid Global Hospitality.
Key Responsibilities- Foster a positive employee experience through coaching and communication of all items concerning their areas of expertise, individually and as a department, and actively encouraging a positive environment.
- Analyze with each department head their goals and action steps to achieve them within the identified timeframe.
- Monitor progress on a set schedule and report achievements and problem areas to the General Manager, their effect on profitability, and stability of hotel operations.
- Ensure a positive guest experience through the quality and safety of the hotel product.
- Encourage creative and critical thinking for problem solving while ensuring the brand is maintained.
- Effectively manage and communicate cash flow related issues, as required to management and ownership.
- Coordinate the completion of all forecasts and budgets as required, with the full and active participation of the Executive Team and department managers.
- Analyze financial data and operations to assist and advise management in maintaining the hotels' financial objectives.
- Ensure that all balance sheet accounts are reconciled on a timely basis.
- Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.
- Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
- Direct and/or prepare all financial reports in accordance with the company's requirements meeting various due dates and deadlines.
- Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.
- Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.
- Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.
- Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes
- Requires a proven record as a successful leader as an Assistant General Manager or Director of Operations.
- Must have hotel Rooms and Food and Beverage experience.
- At least 3-5 years of hospitality experience is required.
- Experience operating in a centralized accounting environment preferred.
- Brand experience a plus.
The compensation for this position is $85,000.00/Yr. - $85,000.00/Yr. based on qualifications and experience.
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