Hyatt Regency Chesapeake Bay is seeking a new Director of Finance who demonstrates a growth mindset and ready to grow their career. The Director of Finance oversees all financial operations of the hotel, ensuring accuracy, efficiency and adherence to financial regulations and standards. The individual in this role plans, organizes, directs, and controls the financial and control function of the division, reports operational results, and provides financial support to hotel management.
What You'll Do: 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.
- Lead and develop the Finance, Information Technology, and Purchasing teams to ensure efficient operations and achievement of organizational objectives.
- Oversee workload prioritization, resource allocation, and continuous improvement initiatives within assigned areas of responsibility.
- 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 position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
