Management jobs in United States

• Develop and implement the hotels financial planning and budgeting process in alignment with the hotels strategic goals and objectives.
• Monitor and review budget performance regularly identifying areas for improvement and costsaving opportunities.
• Prepare and present accurate and timely financial reports including income statements balance sheets cash flow statements and other financial metrics to the hotels management and ownership.
• Analyze financial data to provide insights into the hotels performance and make strategic recommendations for improvement.
• Work closely with the revenue management team to set room rates and optimize revenue through effective pricing strategies.
• Monitor and analyze revenue streams from various hotel operations such as room revenue food and beverage and other ancillary services.
• Implement cost control measures to manage expenses efficiently without compromising on service quality and guest satisfaction.
• Review and approve expenditures ensuring compliance with budgetary guidelines and procurement procedures.
• Oversee the financial operation of the hotel.
• Coordinate an effective and efficient Payroll Management/Resource allocation through establishing a flexible work force throughout the Division based on the principles of multiskilling and multitasking.
• Ensure compliance with all relevant financial regulations accounting standards and local tax laws.
• Coordinate and liaise with external auditors during the hotels annual audit process.
• Oversee cash flow management and maintain adequate cash reserves to meet operational needs.
• Implement and monitor cash handling procedures to minimize risks of fraud or theft.
• Collaborate with the hotels executive team to develop financial strategies that support overall business objectives.
• Conduct financial analysis to assess investment opportunities costeffectiveness on various initiatives.
• Provide tools for future planning and control.
• Ensure that invoices and petty cash are paid and recorded correctly.
• Ensure that remittances are received and recorded correctly
• Support the preparation and processing of journals for all transactions at monthend ensure these are correctly recorded in the general ledger and prepare financial statements accordingly.
• Lead and supervise the finance team including accountants and financial analysts providing guidance and support in their roles.
• Facilitate training and development opportunities to enhance the teams financial acumen.
• Ensure that all financial reports are submitted accurately and on time.
• Ensure smooth management of the accounting department and refer those matters that are relevant to the Financial Controller.
• Oversee the implementation and monitoring of internal controls to safeguard assets mitigate financial risks and detect any potential discrepancies or fraudulent activities.
• Ensure all historical information is filed in a way that provides easy access including microfilming or other storage where necessary.
• Organize vacation planning for the Finance and Accounts Department.
• Protect the owners and the management companys interest in the hotel assets and operations.
• Participates in and contributes to all material property decisions providing financial leadership.
• Consults with and supports activities of Managing Director and members of Executive Committee.
• Understand and manage the Management Agreement terms priorities performance tests and incentive fees distribution requirements
• Manage and control the Owners monthly reporting package as per Hotel Management Agreement (HMA).
• Maintain confidentiality of proprietary information at all time
• Liaise with Owners and Accor Regional Office in a courteous and professional way respond with complete and accurate information
• Maintain transparent communication with Owners providing regular detailed financial reports to ensure they are informed of the hotels performance profitability and investment opportunities.
• Provide financial insights and strategic recommendations to the hotel management and ownership to guide decisionmaking ensuring sustainable growth and profitability.

Qualifications :

• Degree in Finance Accounting or a related field & professional accounting qualification
• Excellent leadership skills with the ability to manage and motivate finance teams.
• Strong verbal and written communication skills to effectively interact with owners senior management and other departments.
• Strong analytical skills with a keen eye for detail and a proactive approach to solving financial issues.
• Ability to assess financial risks and implement strategies to mitigate them.

EXPERIENCE

• Minimum 5 years experience in a hotel in an Executive role

Remote Work :

No

Employment Type :

Fulltime