5-7 years of experience in finance or accounting roles, preferably in the hospitality industry.
Strong understanding of financial management principles and practices.
Proven ability to lead and mentor finance teams.
Experience with financial planning, budgeting, and reporting processes.
Knowledge of internal controls and compliance regulations, including SOX.
Responsibilities
Prepare and review monthly and annual financial statements, analyzing variances with department managers.
Lead hotel accounting functions to ensure accurate reporting and fiscal management.
Develop and implement an annual business plan aligned with strategic objectives.
Oversee year-end processes, including audits and reconciliations.
Ensure compliance with internal controls and reporting obligations.
Mentor finance team members, providing training and performance feedback.
Collaborate with management on strategic initiatives for cost efficiency and revenue generation.
Benefits
Opportunities for professional development and skill-building.
Collaborative work environment focused on cross-functional teamwork.
Support for career advancement within the organization.
Engagement with a diverse range of stakeholders, including owners and guests.
Full Job Description
Hyatt seeks a Finance Business Partner who embraces the principle of agile and is committed to cross-function collaboration aimed at implementing strategic financial strategies aligned with business objectives to deliver on key priorities for all stakeholders. This role reports to the General Manager and is pivotal in guiding strategic decision making and financial planning to drive the hotel's achievements and profitability. You will be part of a team that is committed to nurturing curiosity and new skills, and building connections across the organization with stakeholders, colleagues and guests.
The Area Director of Finance oversees all financial operations of the hotel, ensuring accuracy, efficiency and adherence to financial regulations and standards. The Director of Finance plans, organizes, directs, and controls the financial and control function of the division, reports operational results, and provides financial support to hotel management. The Area DOF is expected to embody the following core competencies and the following expertise:
Financial Management:
Prepare and review all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department managers in this process. Identify areas for improvement and execute necessary corrective measures as required.
Manage and lead hotel on and off-site accounting functions to ensure proper fiscal management, timely and accurate reporting, and analysis. This responsibility also includes hotel financial and capital planning, budgeting, month-end financial close, accounting, and cash management.
Leads the development and implementation of a comprehensive annual business plan aligned with business objectives.
Complete the year-end process. Review and approve all reconciliations and audit work papers. Coordinate the external auditors' visits, respond to auditor requests, approve all adjustments, reconcile the audited report to the hotels information and approve the audit.
Internal Controls & Risk:
Ensures adherence to HMA terms and fulfills reporting obligations.
Maintain adherence to policies and procedures to ensure sound internal controls and segregation of duties.
Manage SOX Compliance
Monitor and keep abreast of industry trends, local legislative changes and organizational behavior to inform sound business decisions.
Operational Leadership:
Mentor and coach, the finance team providing direction, training, and performance feedback to nurture their professional advancement and growth.
Support the development of future leaders in ALL areas of the hotel.
Empower employees with financial insights.
Supervise the Information Technology and Procurement function. Additionally have a sound understanding of the hotel operational and back-office.
Cultivates and supports environment receptive to change.
Business Partner:
Collaborate with management to devise and implement strategic initiatives aimed at cost efficiency and revenue generation enhancements to achieve business objectives without compromising core business values and relationships.
Nurture relationship with owners' representative and key stakeholders ensuring timely communication and submission of deliverables.
Embody a growth mindset and embrace change to drive value to stakeholders.
The salary range for this position is $126,000 - $210,000. This is the pay range for this position that Hyatt Regency Long Beach reasonably expects to pay. Decisions regarding individual salaries will be based on a number of factors, such as experience and education.
