Director of Finance

Overview

The Director of Finance will work closely with the General Manager and Hotel Leaders to oversee the successful execution of all finance responsibilities relating to accounting, resulting in high levels of guest satisfaction, fiscal responsibility, and associate development. This highly motivated individual will direct the accounting and control functions at the hotel, while ensuring timely reporting of operating results and maintaining the integrity of the management information system. Prepare the financial statements within the time frames supplied in the corporate closing schedule and according to the Resort Policies and Procedures,

• Analyze and interpret financial results to assist and advise the General Manager and the Corporate Team.
• Maintain balance sheet analysis monthly with full supporting detail.
• Prepare accurate cash flow statements and projections monthly and upon request.
• Maximize working capital and cash flow statements and projections monthly and upon request.
• Prepare timely and accurate sales, use and occupancy tax returns, and any other external reports or returns as deemed necessary.
• Ensure successful treasury cash management as outlined in the policies and procedures manual.
• Prepare bi-weekly payroll and submit for processing.
• Oversees the H-2B prevailing wage for payroll and the leasing of associate/seasonal housing.
• Maintain effective system and control procedures as set forth in the policies and procedures SOPs.
• Effective project management skills, including ability to serve as project lead. Ensure integrity and efficiency of computerized data processing functions across all disciplines.
• Ensure that all financial reports, budgets, forecasts, and other information required by are accurately compiled and submitted within the specified time limits, identifying variances, and making recommendations for improvements as appropriate.
• Review forecasts and budgets prepared by the hotel management team to ensure that owners, the General Manager, and the Corporate Team are provided with guidelines of performance that are both reasonable and achievable.
• Preparation of daily, weekly, and monthly labor reports to provide guidance to discipline heads on productivity; establish and monitor staffing guidelines for all operational areas.
• Ensure all legal, treasury, and tax documentation is properly maintained and secured. All statuary and fiscal reporting requirements are satisfied, including any governmental requirements for permits and licenses.
• Ensure adequate insurance coverage is maintained to protect the hotel's assets with particular regard to the requirements contained in the hotel's management contract.
• Ensure adequate controls are installed and maintained to protect the hotel's assets against loss or misappropriation.
• Successfully lead and perform an advisory or interpretive role and recommend controls related to the ethical environment.
• Continuously monitor economic, social, and governmental trends and policies to ensure the General Manager and the Corporate Team are kept fully apprised of any implications that may affect the performance of the hotel in meeting its financial objectives.
• Ensure that any contractual agreement is fully reviewed, appropriately executed, and tracked as required.
• Perform as the lead contact for internal audit, external audit, and any other financial-based audit.
• Maintain all fixed asset accounting and execute and track all capital expenditure projects.
• Responsible for interviewing, hiring, evaluating performance, rewarding, and progressive discipline for finance team members.
• Attending company-required meetings and trainings.
• Ability to successfully interact with the General Manager and the Executive Committee, provide confidence in the financial data, and prepare reports as required.
• Conducts monthly P & L and capital review.
• Perform additional duties as assigned.

Responsibilities