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 in Finance or related field preferred; equivalent work experience accepted
  • Minimum 4 years of experience in Accounting/Finance management, specifically in a hotel environment
  • Strong computer skills; familiarity with Microsoft Office is preferred
  • Proven ability to supervise financial reporting and accounting employees
  • Knowledge of federal and state accounting regulations and compliance standards

Responsibilities

  • Prepare annual tax returns and ensure completion by outside accountants
  • Oversee the preparation of financial statements, budgets, and regulatory reports
  • Supervise and evaluate financial staff, implementing personnel actions as needed
  • Develop and maintain financial control policies and procedures to optimize accounting operations
  • Conduct audits and coordinate compliance checks for financial transactions
  • Advise management on financial objectives and effective resource utilization
  • Establish relationships with banks and insurance companies for financial operations

Benefits

  • Comprehensive benefits package offered, specifics may vary by location
  • Professional development opportunities
  • Participation in company training programs
  • Potential for performance-based promotions and advancements
  • Participation in employee wellness programs
Full Job Description
Compensation: 130,000.00 - 145,000.00

Benefits may vary by 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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