Director of Finance

5 days ago

Glenwood Springs, Colorado, United States Aimbridge Hospitality Full time
Job Summary

Aimbridge Hospitality is seeking a highly skilled Director of Finance to join our team at Hotel Maxwell Anderson. As a key member of our executive committee, you will be responsible for overseeing all financial activities, including budgeting, forecasting, profit and loss reporting, and account reconciliation.

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 and providing analytical tools and support to department heads during budget preparation.
  • Lead the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels and implement and uphold business practices that positively support our obsession with having sales-driven culture.
  • Analyze daily, monthly variances between actual, forecasted, and budgeted performance and advise the GM and executive team on existing and upcoming financial and operational issues.
  • 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, and manage capital expense budget and reconcile expenditures monthly.
  • Ensure strong accounting and operational controls to safeguard assets and maximize profits, oversee internal and city audit processes, and manage the accurate collection, posting, and reconciliation of occupancy taxes, sales taxes, and transient marketing district (TMD) fees.
  • Reconcile balance sheet accounts monthly and ensure totals are supported by appropriate documentation and 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, etc.
  • 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, set high standards for performance, and hold the team accountable for results.
Requirements
  • Possess a 4-year Bachelor 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, 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.
Benefits

Aimbridge Hospitality offers a competitive benefits package, including 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.

Compensation: $85,000.00/Yr. - $105,000.00/Yr.

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