Director of Finance

Position Title: Director of Finance

Department: Accounting

Reports To: Managing Director

FLSA Status: Exempt

Prepared/Revised Date: March 2025

Position Summary

The Director of Finance will plan, direct, and manage the provision of accurate, timely, and objective financial data from which informed management decisions can be made. Recommend remedial action when and where necessary. Safeguard owner assets by creating and maintaining sound internal control systems. Hire the most professional, service-oriented, dedicated highly skilled, trained employees available. Participate in total hotel management as a member of the Executive Committee.

Essential Duties and Responsibilities

• Direct preparation of annual budgets and monthly forecasts; establish or recommend to management major economic objectives and policies for Hotel.
• Support Managing Director and hotel financial goals by direct preparation of monthly and annual reports summarize and forecast hotel's revenues, expenses, and earning based on past, present and expected operations.
• Ensure compliance with Management Company policies and procedures and all applicable laws.
• Negotiate and monitor contracts with hotel's vendors.
• Ensure the collection and payment of applicable local, state, and federal taxes.
• Advise management of desirable operational adjustments due to tax code revisions.
• Arrange for audits of hotel's accounts.
• Prepare reports required by regulatory agencies.
• Other duties as assigned.

Knowledge and Skills

• Displays orientation to profitability and aligns work with strategic goals. Develops and implements cost saving measures, conserves organizational resources and works within approved budget.
• Effective Verbal & Written skills.
• Ability to build morale and group commitments to goals and objectives. Supports everyone's efforts to succeed.
• Implements and maintains all policies and procedures.
• Exercises sound and accurate judgment with regards to decision making in a timely manner.
• Prioritizes and plans work effectively and efficiently.
• Observes and implements all safety and security procedures.
• Ability to meet deadlines with frequent change delays and unexpected events.
• Must be able to read, analyze, and interpret general business periodicals, professional journals, technical procedures or governmental regulations.
• Must be able to write reports, business correspondence, and procedure manuals.
• Must be able to effectively present information and respond to questions from groups to managers, clients, customers, and ownership.
• Must be able to apply mathematical operations to such tasks as frequency distribution, analysis of variance, correlation techniques, sampling theory, and factor analysis.
• Must be able to define problems, collect data, establish facts, and draw valid conclusions.
• Working knowledge of federal, state and local laws governing equal employment opportunity and civil rights, occupational safety and health, wage and hour issues, and labor relations, including, but not limited to the following statutes and their comparable state and local laws (where applicable): Title VII, ADEA, Equal Pay Act, Pregnancy Discrimination Act, FLSA, ADA, OSHA, FMLA, and NLRA.

Education and Work Experience

• Bachelor's Degree required, Master's Degree in Accounting or related area preferred. Four to six years related experience, including at least four years of supervisory experience.
• Previous hospitality industry experience preferred

Certificates, Licenses and Registrations

none

Supervisory Responsibilities

• Develop Finance and Accounting team goals that are fully aligned with the company goals.
• Lead and coach the team to recruit and retain high caliber staff.
• Provide coaching, guidance and support, set professional development plans to assist employees to reach their full potential through the Performance Management process.
• Ensure the team delivers the highest standard of departmental, cross departmental and cross company teamwork and customer service.
• Ensure optimal deployment of resources to achieve business goals

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is required to stand, sit, or walk for an extended period of time. The employee may frequently be required to stoop, kneel, and crouch for duration of shift (eight hours or longer). The employee will need to use hands to finger, handle, or feel; reach with hands and arms and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move and/or push up to 50 pounds without assistance.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Must be detail oriented, possess strong organizational and time management skills and the ability to multitask. Ability to work a flexible schedule including weekdays, weekends, holiday and nights.

Language Skills

Ability to read and interpret documents such as hotel communication, budgets, ledgers and

financial reports. Ability to effectively present information and thoroughly answer questions

in one-on-one and small group situations to customers, clients, and other employees of the

organization in English.

Reasoning Ability and Computer Skills

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to

interpret an extensive variety of technical instructions in mathematical or diagram form and

deal with several abstract and concrete variables. Ability to efficiently use ADP, Payroll

Systems and Microsoft Office programs.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Equal Opportunity Employer