Director Of Finance
Apply NowCompany: MCR Hotels
Location: Chicago, IL 60629
Description:
The Director of Finance for the Hyatt Regency Chicago O'Hare will manage the day-to-day operations of the Finance Office. Primary responsibilities include financial analysis and financial reporting, budgeting/forecasting, audit and control, asset, and liability reconciliation, working capital and cash control. The ideal candidate for this position is detail oriented and a meticulously organized team player who possesses a positive, problem-solving attitude.
Responsibilities:
Utilize interpersonal and communication skills to lead, influence, and encourage others
Advocate sound financial and business decision making
Demonstrate honesty and integrity, lead by example
Oversee internal, external, and regulatory audit processes
Celebrate successes by publicly recognizing the contributions of team members
Establish and maintain open, collaborative relationships with team members
Ensure property policies are administered fairly and consistently
Generate accurate and timely results in the form of reports, presentations, etc.
Analyze information and evaluate results to choose the best solution
Compile, code, categorize, calculate, tabulate, audit, and verify information or data
Ensure that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered appropriately
Reconcile balance sheet
Ensure tax rates used for sales/use tax are current and proper amounts are collected and/or accrued
Ensure compliance with standard and local operating procedures (SOPs and LSOPs)
Ensure account balances are supported by appropriate documentation in accordance with SOPs
Review audit issues and make corrections as needed
Ensure property permits, licenses, and (if applicable) vendor contracts are current
Leverage centralized accounting processes and shared services
Demonstrate knowledge of job-relevant issues, products, systems, and processes
Use computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information
Use relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
Leverage technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making
Inform and update the team on relevant financial information in a timely manner
Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors
Submit reports in a timely manner, ensuring delivery deadlines
Ensure profits and losses are documented accurately
Achieve and exceed goals including performance goals, budget goals, team goals, etc.
Requirements:
4-year bachelor's degree in Finance and Accounting or related major
Minimum 2 years of experience with finance functions in a full-service hotel
Knowledge of business law, taxes, as well as Department of Labor regulations
Sound decision making skills
Analytical skills
Leadership and organizational skills
Organizational skills and attention to detail
Excellent communication skills both written and oral
Proficient in the use of Microsoft Office
Excellent time management
Ability to multi-task and work in a fast-paced environment
Experience with payroll processing
An aptitude for self-motivation
A can-do attitude and a hands-on approach
Our Company
What we offer/What's in it for you?
Responsibilities:
Utilize interpersonal and communication skills to lead, influence, and encourage others
Advocate sound financial and business decision making
Demonstrate honesty and integrity, lead by example
Oversee internal, external, and regulatory audit processes
Celebrate successes by publicly recognizing the contributions of team members
Establish and maintain open, collaborative relationships with team members
Ensure property policies are administered fairly and consistently
Generate accurate and timely results in the form of reports, presentations, etc.
Analyze information and evaluate results to choose the best solution
Compile, code, categorize, calculate, tabulate, audit, and verify information or data
Ensure that the P&L is accurate (i.e., costs are properly matched to revenue, costs are recorded in the proper accounts) and statements are delivered appropriately
Reconcile balance sheet
Ensure tax rates used for sales/use tax are current and proper amounts are collected and/or accrued
Ensure compliance with standard and local operating procedures (SOPs and LSOPs)
Ensure account balances are supported by appropriate documentation in accordance with SOPs
Review audit issues and make corrections as needed
Ensure property permits, licenses, and (if applicable) vendor contracts are current
Leverage centralized accounting processes and shared services
Demonstrate knowledge of job-relevant issues, products, systems, and processes
Use computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information
Use relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
Leverage technology and effectively uses information systems and tools to generate financial reports and provide managers with analytical support to drive decision-making
Inform and update the team on relevant financial information in a timely manner
Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors
Submit reports in a timely manner, ensuring delivery deadlines
Ensure profits and losses are documented accurately
Achieve and exceed goals including performance goals, budget goals, team goals, etc.
Requirements:
4-year bachelor's degree in Finance and Accounting or related major
Minimum 2 years of experience with finance functions in a full-service hotel
Knowledge of business law, taxes, as well as Department of Labor regulations
Sound decision making skills
Analytical skills
Leadership and organizational skills
Organizational skills and attention to detail
Excellent communication skills both written and oral
Proficient in the use of Microsoft Office
Excellent time management
Ability to multi-task and work in a fast-paced environment
Experience with payroll processing
An aptitude for self-motivation
A can-do attitude and a hands-on approach
Our Company
- MCR is the 3rd-largest hotel owner-operator in the United States.
- Founded in 2006, our company has offices in New York City, Dallas, Chicago, and Richmond, Virginia.
- MCR has a $5.0 billion portfolio of 148 premium-branded hotels containing more than 22,000 guestrooms across 37 states and 106 cities.
- MCR has more than 7,000 team members across the country and operates hotels under 9 Marriott brands, 8 Hilton brands and a number of unflagged independent hotels.
- MCR was named one of Fast Company's 10 Most Innovative Travel Companies of 2020.
- MCR is a three-time recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners, and a recipient of the Hilton Legacy Award for Top Performer.
- For the TWA Hotel at New York's JFK Airport, MCR won the Development of the Year (Full Service) Award at The Americas Lodging Investment Summit (ALIS), the Urban Land Institute New York Excellence in Hotel Development Award and the American Institute of Architects national Architecture Award, the highest honor given by the AIA
What we offer/What's in it for you?
- Hotel Discounts
- Weekly Pay
- Paid Time Off
- Retirement Options
- Referral bonuses
- Career advancement & upward mobility
- Health, Dental, Vision Insurance- available after 30 days of employment for full-time team members