Bachelor's degree or equivalent work experience; 8+ years' finance or accounting experience, especially in hotel finance preferred.
Proficient in Microsoft Office Suite and familiarity with Profit Sword or other budgeting software.
Thorough knowledge of GAAP, USALI, and general accounting practices.
Strong organizational skills and attention to detail with the ability to multitask.
Exceptional verbal and written communication skills, capable of explaining complex financial concepts clearly.
Business acumen and the ability to analyze financial information effectively.
Proven experience in financial forecasting, budgeting, and financial reporting.
Responsibilities
Serve as a liaison between corporate and properties, advising on important matters to the VP of Accounting.
Review and approve all financial statements, forecasts, and balance sheets to ensure accuracy.
Conduct thorough reviews of balance sheet accounts, implementing corrections where needed.
Optimize accounting workflows and ensure timely P&L reporting.
Ensure compliance with GAAP, USALI, and company accounting policies.
Oversee compliance with all regulatory and legal requirements relevant to the properties.
Lead tax audits and manage responses to government agencies as necessary.
Mentor and coach finance team members to develop their capabilities and career progress.
Benefits
Opportunity for professional growth and development through mentorship.
Collaborative working environment with finance leaders and regional directors.
Engagement in strategic decision-making within the organization.
Access to advanced financial management tools and systems.
Full Job Description
Duties/Responsibilities:
Person directly reports to Vice President - Accounting. The position serves as a liaison between the Corporate Office and Properties. Advising of any concerning matters promptly.
Review and sign off on all financial statements, forecasts, cash flows and balance sheets.
Review balance sheet accounts, ensuring adequate support and documentation for all accounts. Creates plans and timelines to correct any deficiencies.
Ensures P&L accuracy and timeliness through adequate accounting workflow planning, effective close management, and optimization of checklists and documentation tools
Ensure property compliance with USALI, GAAP and Company accounting policies and procedures
Ensure satisfaction of legal requirements and contractual obligations (including obligations under a management agreement) utilizing internal controls, auditing, and security procedures to ensure deviations are brought to the attention of the General Manager and Vice President - Accounting.
Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
Primary involvement in tax audits and internal/external audits and assist in coordinating the responses to governmental agencies when necessary.
Collaborate with other Regional Directors of Finance, Property Controllers/ Directors of Finance, and the Vice President - Accounting to ensure effective coordination of activities and discussion of best practices
Serve as the subject matter expert for all finance division related matters, specifically ensuring implementation and adherence to SOPs, training manuals, systems, and service standards and guidelines.
Coach and mentor direct reports to develop their full potential; establish clear expectations that will allow them to achieve success in their role; provide them the necessary tools and training for growth; approach people performance needs by understanding individual needs and barriers.
Work with transition and ownership teams for on-boarding and off-boarding of properties ensuring smooth, thorough, and accurate hotel transition activities.
Actively assist in recruiting, reviewing, recommending prospective team members like Directors of Finance, Assistant Directors of Finance, Accounting Managers, and other finance team members for the organization.
Perform other job-related duties as assigned.
Required Skills/Abilities:
Superior verbal and written communication skills. Proficient with Microsoft Office Suite
Excellent interpersonal and technical communication skills; must demonstrate the ability to clearly communicate complex ideas and know one's audience
Thorough understanding of accounting and financial best practices, highly desirable to have a knowledge of hotel finance, hotel information and financial systems.
Superior organizational skills and attention to detail; ability to plan, prioritize, and multitask; sound judgement
Solution oriented - identifies the source of a challenge to adopt long term solutions
Knowledge of Generally Accepted Accounting Principles (GAAP), USALI, and general accounting practices.
Ability to read and understand basic contract elements, e.g., management agreement, terms, priorities, and profit distribution.
Business Acumen - Understanding, utilizing, and analyzing business information.
Education and Experience:
Bachelor's degree or equivalent work experience; 8+ years' experience in finance or accounting, hotel finance/accounting experience preferred.
Experience in a high-growth, fast-paced, multi-unit hospitality (food & beverage or hotel) environment preferred.
Excellent verbal and written communication skills, including an ability to generate enthusiasm and speak knowledgeably about financial planning, systems administration, and hotel accounting best practices.
Experience in working with Profit Sword (or other Budgeting and Planning enterprise-level software) and Enterprise Resource Planning/Accounting platforms strongly preferred.
Experience developing financial forecasting, budgets, cash flow forecasting and the preparation of financial reporting and analysis
Confident, proactive, and positive attitude; energetic and cooperative team player; eager to contribute and improve efficiency
Dedicated to coaching and developing team members
Physical Requirements:
Prolonged periods sitting at a desk and working on a computer.
Must be able to lift up to 15 pounds at a time.
Salary range for this position is $175,000 to $195,000 annually.
