Financial Operations Manager
5 days ago
Estimated Salary: $80,000 - $120,000 per year
About Main Street Hospitality:Main Street Hospitality is a dynamic and rapidly growing hotel management company that prioritizes delivering exceptional guest experiences. We take pride in our commitment to maintaining the highest standards of financial transparency and accountability.
Job Description:The Financial Operations Manager will play a crucial role in overseeing and managing the financial operations of our hotels. This position involves supporting the General Manager and Executive Team in maintaining the financial health of the property by ensuring accurate and timely financial reporting, budget and forecast management, and compliance with financial regulations.
Key Responsibilities:- Maintain compliance with Main Street Hospitality's financial standards and regulations to ensure safe, consistent, and efficient financial processes at assigned hotels.
- Financial Reporting: Prepare and analyze consolidated financial statements, including income statements, balance sheets, and cash flow statements. Ensure reports are accurate and delivered on time.
- Budgeting and Forecasting: Contribute to the development and monitoring of annual budgets. Provide monthly financial forecasts and analyses to support strategic planning and decision-making.
- Audit and Compliance: Support internal and external audits by preparing necessary documentation and addressing audit inquiries. Ensure compliance with financial policies, procedures, and regulations.
- Cost Control: Monitor and analyze operational expenses. Identify opportunities for cost savings and implement strategies to optimize financial performance.
- Financial Analysis: Conduct detailed financial analyses to assess performance trends and identify areas for improvement. Provide actionable insights to management.
- Bachelor's degree in finance, accounting, business administration, or a related field.
- At least three to five years general accounting work experience (i.e., chart of accounts, maintain general ledger accounts, reconciliations, monthly closings) in the hospitality industry.
- Proficiency in financial software and systems (i.e., Microsoft Office, Excel, Accounting Software)
- Experience with hospitality accounting and business analytics software preferred.
- Flexible and long hours sometimes required.
- Sedentary work – Exerting up to 20 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.
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