Director of Finance

Full-Time

Description

-Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.

-Analyzes information, forecasts sales against expenses and creates annual budget plans.

-Thinks creatively and practically to develop, execute and implement new business plans.

-Creates the annual operating budget for the property.

-Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.

-Implements a system of appropriate controls to manage business risks.

-Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.

-Leads the development and implementation of a comprehensive annual business plan which is aligned with the company's and brand's strategic direction.

-Produces accurate forecasts that enable operations to react to changes in the business.

-Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.

-Leverages strong functional leadership and communication skills to influence the executive team, the property's strategies and to lead own team.

-Manages communication with owners in an effective manner.

-Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.

-Ensures that the P&L is accurate (e.g., costs are properly matched to revenue, costs are recorded in the proper accounts).

-Knowledge of local Generally Accepted Accounting Principles (local GAAP).

-Ability to read and understand basic contract elements, e.g. royalty fees, management agreement, terms, priorities and profit distribution.

-Business Acumen - Understanding and utilizing business information.

EDUCATION/EXPERIENCE

-Five year's minimum luxury or lifestyle hotel financial management experience.

-Bachelor's degree or equivalent.