Director of Finance

Colwen Hotels

• $110K — $130K *
Hospitality & Recreation
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years in multi-property finance management
  • Hospitality finance expertise preferred
  • Experience with hotel brands like Marriott, Hilton, IHG
  • MBA or CPA preferred
  • Familiarity with ProfitSword, Sage Intacct, and Ottimate
  • Advanced Excel skills
  • Strong communication, management, and leadership skills

Responsibilities

  • Lead and develop the Finance/Accounting team for accurate reporting
  • Provide financial expertise to hotel and corporate leadership
  • Conduct thorough financial reviews of various financial statements
  • Analyze variances and trends to inform decision-making
  • Alert senior leadership on significant financial variances
  • Initiate process improvements for expense management
  • Collaborate with Property Leadership for optimized budgeting and forecasting

Benefits

  • Medical Insurance with Company-Funded HRA
  • Dental and Vision Insurance
  • Flexible Spending Accounts
  • Variety of Supplemental Insurance Offerings
  • Paid Time Off Programs
  • Employee Assistance Program
  • 401K Plan with Employer Match
  • Hotel Discount Travel Program
  • Exclusive Associate Discounts in Travel and Retail
  • Training and Development Programs
  • Career Advancement Opportunities
Full Job Description
Director of Finance, Hotel Operations, to partner with our Chief Financial Officer, leading the financial functions that power our expanding hotel portfolio. This role is perfect for a leader who thrives in a dynamic environment and is motivated by the opportunity to shape a company's financial trajectory.

As Director of Finance, you will oversee all Finance and Accounting functions, ensuring our financial resources are expertly aligned with our organizational strategy. You'll play a critical role in enhancing asset value across 40+ hotels, strengthening internal controls, and delivering the accurate, real-time financial insights that support smart, agile decision-making.

You will also champion the evolution of our finance technology-optimizing the tools we use today and helping to build the systems and architecture we'll need for tomorrow. Your vision and expertise will help drive operational excellence as we continue to scale with an exciting pipeline of new projects.

Responsibilities include but not limited to the following:
  • Lead and develop the Finance/Accounting team to ensure proper fiscal management, timely and accurate reporting and analysis
  • Provides support, guidance and financial expertise to hotel and corporate leadership
  • Conduct regular and thorough financial reviews, including but not limited to: monthly financial operating statements, cash flow reports, monthly forecasts, balance sheets and capital budget expenditures
  • Analyze variances and trends.
  • Alert the Chief Financial Officer and Operations, as deemed necessary on significant variances from budget, forecast or internal control standards
  • Initiate process improvements in conjunction with Regional Finance, Regional Operations and Property Leadership teams that will enhance expense management resulting in optimal hotel profit
  • Collaborate with the Property Leadership teams to ensure budgeting and forecasting processes are optimized and that the hotels are achieving established targets
  • Re-engineer processes and reporting to assist the hotels in obtaining their strategic goals.
  • Evaluates and spearheads opportunities that improve business performance
  • Drives performance and initiates business and financial analytics to ensure performance success is achieved
  • Designs effective control processes to track financial performance against expectations, including early "red flags" to identify potential shortfalls
  • Creates a culture of compliance and financial discipline throughout the company
  • Recommends and manages rollout of major financial system implementations, including conversions
  • In conjunction with general managers and regional operations, manage and regulate Colwen Hotels internal controls
  • Review the internal and external audit reports and if necessary, ensure that corrective actions are implemented
  • Develop and nurture relationships with the owners. Ensure that the properties are responsive and compliant with required owner reporting and that they respond quickly to questions and requests
  • Attain a thorough and detailed understanding of respective property Hotel Management Agreements, and related debt and ownership contracts and obligations
  • Participate as a member of the "Opening & Transitions Team" and assist with the transition or disposition of the assigned properties

Requirements:
  • Minimum of 10+ years of multi-property finance management experience
  • Hospitality Finance experience preferred
  • Previous experience working with multi-hotel brands (Marriott, Hilton, IHG)
  • MBA/CPA preferred
  • Experience with ProfitSword, Sage Intacct, and Ottimate desired. Advanced Excel skills required
  • Superior written and verbal communications skills
  • Excellent management and leadership skills
  • Effective team management and coaching skills
  • Ability to be hands-on and tactical as well as strategic when appropriate
  • Highly responsive to owners and colleagues. Owns the work product and is committed to the quality, accuracy and timeliness
  • Takes the initiative in leading, communicating, offering service, and in solving problems.

We've got you covered: Benefits & Perks
  • Medical Insurance with Company-Funded HRA
  • Dental Insurance
  • Vision Insurance
  • Flexible Spending Accounts
  • Wide-Array of Supplemental Insurance Offerings
  • Paid Time Off Programs
  • Employee Assistance Program
  • 401K Plan - Traditional & Roth Options with Employer Match
  • Hotel Discount Travel Program for Associates & Family
  • Exclusive Associate Discounts - Travel, Entertainment, & Retail
  • Training and Development Programs
  • Career Advancement Opportunities

Similar Jobs

More Jobs at Colwen Hotels

More Hospitality & Recreation Jobs

Find similar Director of Finance jobs: