Director of Finance

4 days ago

Glenwood Springs Colorado, United States Hotel Maxwell Anderson Full time
Job Summary

Hotel Maxwell Anderson is seeking a highly skilled Director of Finance to join our team. As a key member of our executive committee, this role is responsible for overseeing all financial activities, including budgeting, forecasting, profit and loss reporting, and account reconciliation. The successful candidate will have a strong background in finance and accounting, with a proven track record of leadership and strategic decision-making.

Responsibilities
  • Verify the accuracy and timeliness of all finance functions, including daily and month-end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management.
  • Complete comprehensive month-end close, including preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, and ensuring proper tax reporting and analyzing profit performance.
  • Develop and achieve financial goals, including creating the annual operating plan aligned with the company's strategic direction, providing analytical tools and support to department heads during budget preparation, and leading the sales and operations team in creating accurate monthly forecasts.
  • Implement and uphold business practices that positively support our obsession with having a sales-driven culture, ensuring monthly P&Ls reflect accurate revenues, expenses, and cost of sales calculations, and analyzing daily, monthly variances between actual, forecasted, and budgeted performance.
  • Advise the General Manager and executive team on existing and upcoming financial and operational issues, analyze financial data and operational and market trends to identify opportunities for improvement, and lead the property in developing and maintaining a strong labor culture that maximizes productivity and performance.
  • Facilitate monthly P&L reviews to uncover challenges, opportunities, and trends, manage capital expense budget and reconcile expenditures monthly, and ensure strong accounting and operational controls to safeguard assets and maximize profits.
  • Oversee internal and city audit processes, manage the accurate collection, posting, and reconciliation of occupancy taxes, sales taxes, and transient marketing district (TMD) fees, and reconcile balance sheet accounts monthly and ensure totals are supported by appropriate documentation.
  • Provide continuous direction to and education of the operational team in all areas related to finance, financial reports, internal controls, labor management, payroll, month-end reconciliation, P&L performance, and other related topics.
  • Foster strong professional relationships with the entire management group by providing direct counsel and feedback that positively impacts the performance of the business and sharpens the financial acumen of the team, conduct ongoing coaching and annual reviews to influence positive team development, cross-train team members to support successful department operations, and set high standards for performance and hold the team accountable for results.
  • Support and bring to life the property's core values and service culture.
Company Overview

As the global leader in third-party hotel management, our growing portfolio represents over 1,550 hotels in all 50 states and 22 countries, from top international lodging brands to luxury hotels, destination resorts, and lifestyle hotels. Our associates around the globe are passionate about serving our guests and driving exceptional results, and thrive in a culture where everyone is inspired to be the best.

Benefits
  • After an initial waiting period, those hired into full-time positions are eligible for a competitive benefits package that includes medical, dental, and vision coverage, short-term and long-term disability income, term life and AD&D insurance, paid time off, employee assistance program, and 401(k) retirement plan.

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