Finance Director

5 days ago

Scottsdale, Arizona, United States Aimbridge Hospitality Full time
Job Summary

The Director of Finance is responsible for overseeing all financial activities, including budgeting, forecasting, and financial reporting. This role requires a strong leader who can manage a team of accounting professionals and ensure the accuracy and timeliness of all financial functions.

Key Responsibilities
  • Verifies 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.
  • Completes comprehensive month-end close, including preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, ensuring proper tax reporting, and analyzing profit performance.
  • Develops and achieves financial goals, including creating the annual operating plan aligned with the company's strategic direction and providing analytical tools and support to department heads during budget preparation.
  • Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels.
  • Ensures monthly P&Ls reflect accurate revenues, expenses, and cost of sales calculations.
  • Analyzes daily, monthly variances between actual, forecasted, and budgeted performance.
  • Advises the GM and executive team on existing and upcoming financial and operational issues.
  • Leads the property in developing and maintaining a strong labor culture that maximizes productivity and performance.
  • Facilitates monthly P&L reviews to uncover challenges, opportunities, and trends.
  • Manages capital expense budget and reconciles expenditures monthly.
  • Ensures strong accounting and operational controls to safeguard assets and maximize profits.
  • Oversees internal and city audit processes.
  • Manages the accurate collection, posting, and reconciliation of occupancy taxes, sales taxes, and transient marketing district (TMD) fees.
  • Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation.
Requirements
  • Possess a 4-year Bachelor's Degree in Finance/Accounting and a minimum of 5 years of experience in a finance leadership position or a 5+ year history of progressive career growth in hotel finance (or in a similar industry).
  • Experience with budgeting, forecasting, profit and loss reporting, and balancing ledgers for operating and balance sheet accounts.
  • Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions.
  • Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information, and deal with abstract variables for unique or unfamiliar situations.
  • Proven leadership and coaching skills with a track record of developing a highly motivated and cross-trained group of progressive accounting professionals.
  • Ability to clearly and concisely present technical subjects.
  • Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations.
  • Ability to comprehend and use technical or professional language either written or spoken to communicate complex ideas.
  • Superior computer skills, including Microsoft Office, POS/PMS systems, and the ability to create, maintain, and analyze data in Excel spreadsheets.
  • Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours based on business needs.
  • Supervises and leads the professional development of a dynamic finance team.
  • Demonstrate leadership and strategic decision-making.
  • Thinks creatively and practically to develop, execute, and implement business strategies.
  • Utilizes effective interpersonal and communication skills to lead, influence, and drive the performance of others.
  • Leads by example, demonstrating honesty and integrity in all business and personnel decisions.
  • Leverages strong financial and operational leadership skills to guide the executive team, influence property focus areas, and lead own department.
  • Communicates complex financial concepts and expectations in a clear manner that drives results.
  • Possesses behavioral styles that convey confidence and command respect from others.
  • Maintains peak performance levels under pressure and in a dynamic work environment.

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