Director of Finance

Westin Virginia Beach Town Center

$130K — $145K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred or equivalent work experience
  • Required hotel experience in Accounting/Finance management
  • Proficient in computer skills and familiarity with Microsoft Office
  • Minimum 5 years of relevant financial management experience
  • Strong understanding of accounting standards and financial regulations

Responsibilities

  • Prepare and file annual tax returns or coordinate with accountants
  • Direct preparation of financial statements and business activity reports
  • Supervise financial reporting, accounting, and payroll staff
  • Manage the custody and disbursement of funds and securities
  • Conduct audits to ensure compliance with financial regulations
  • Monitor financial activities to meet legal and regulatory requirements
  • Develop internal control policies for budgeting and cash management

Benefits

  • Health and Welfare plans including Medical/Dental/Vision options
  • Competitive Paid Time Off
  • 401k Savings Plan with Company Match
  • Volunteer Opportunities
  • Educational Assistance
  • Travel Discounts
Full Job Description
Compensation:

$130,000 - $145,000 salary per year commensurate on experience.

From basic benefits to added advantages, Crestline Hotels & Resorts does what it takes to take care of our Associates-both in and outside of work. Benefits include: Health and Welfare plans to include Medical/Dental/Vision options, Competitive Paid Time Off, 401k Savings Plan with Company Match, Volunteer Opportunities, Educational Assistance, Travel Discounts, and more! *Benefits may vary depending on location.

Overview:

Crestline Hotels & Resorts is currently hiring for a Director of Finance. Positioned as a key Executive Committee Member, The Director of Finance directs all financial activities, such as planning, procurement, and investments for the hotel.

Key Duties & Responsibilities:
  • Prepare and file annual tax returns or prepare financial information so that outside accountants can complete tax returns.
  • Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies.
  • Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
  • Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
  • Maintain current knowledge of organizational policies and procedures, federal and state policies and directives, and current accounting standards.
  • Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with state and federal requirements and statutes.
  • Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
  • Monitor financial activities and details such as reserve levels to ensure that all legal and regulatory requirements are met.
  • Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
  • Develop and maintain relationships with banking, insurance, and nonorganizational accounting personnel to facilitate financial activities.
  • Coordinate and direct the financial planning, budgeting, procurement, or investment activities of all or part of an organization.
  • Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting.
  • Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed.
  • Advise management on short-term and long-term financial objectives, policies, and actions.
  • Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and efficient control and utilization of financial resources.
  • Evaluate needs for procurement of funds and investment of surpluses and make appropriate recommendations.
  • Lead staff training and development in budgeting and financial management areas.
  • Receive cash and checks and make deposits.
  • Compute, withhold, and account for all payroll deductions.
  • Perform tax planning work.
  • Determine depreciation rates to apply to capitalized items and advise management on actions regarding the purchase, lease, or disposal of such items.

Education and Experience:
  • Bachelor's Degree (Four Year College or University) preferred: or 4 Years Work Equivalent
  • Hotel experience in Accounting/Finance management is required. Computer skills required. Familiarity with Microsoft Office preferred.

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