Financial Operations Director
3 weeks ago
The estimated salary for this role is between $74,000 and $76,000 per year.
About the RoleWe are seeking a highly skilled Financial Operations Director to join our team at Highgate Hotels L.P. This individual will be responsible for providing leadership in the financial area of the hotel by supplying management with guidance and training.
Main Responsibilities- Cash Flow Management
- Effectively manage and communicate cash flow related issues, including the accurate and timely preparation of monthly financial statements for the property: cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds.
- Revenue and Expense Monitoring
- Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Highgate Hotels established guidelines. Monitors and controls Hotel's cash flow and operating forecast.
- Budgeting and Analysis
- Create annual budgets and monthly variance analysis. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
- Compliance and Internal Controls
- Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.
- Financial Reporting
- Direct or prepare all financial reports in accordance with Highgate Hotels' requirements, meeting various due dates and deadlines.
To be successful in this role, you will need to possess:
- A minimum of 6 years of related progressive experience in hotel accounting or a related field; or a 4-year college degree with an Accounting/Finance concentration and a minimum of 2 years of related progressive experience; or a 2-year college degree and a minimum of 4 years of related progressive experience.
- Proficiency in Windows, Company-approved spreadsheets, and word processing, as well as the operation of all hotel-specific systems.
- The ability to effectively communicate both verbally and written, with all levels of employees and guests in an attentive, friendly, courteous, and service-oriented manner.
- Multitasking and prioritization skills to meet deadlines.
- An approach that emphasizes attention to detail and accuracy.
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