Director of Finance

Legends Global; Midland (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Legends Global seeks a Director of Finance to lead financial planning, reporting, and controls for our Midland properties. You will partner with GMs, regional leaders, and external auditors to optimize returns on assets and ensure compliance.

You will manage budgeting, forecasting, cash flow, month-end close, and financial analyses, while developing internal controls and mentoring the finance team to deliver timely, accurate results.

Qualifications

• Minimum 5-7 years of relevant experience in hospitality finance.
• BA/BS in Accounting, Finance, or related field required.
• Extensive knowledge of accounting software, implementing procedures/financial systems and controls.
• Proficiency with Excel, Word, and PowerPoint.

Responsibilities

• Work directly with General Managers and Regional VP of Operations to prepare analyses and reports.
• Create, maintain, and manage budgeting and forecasting including operating, capital, and cash flow analyses.
• Manage day-to-day accounting processes: accounts payable, accounts receivable, payroll, general ledger.
• Oversee journal entries and ensure accuracy of accounting records.
• Review bank reconciliations and other analyses.
• Prepare monthly financial results and externally required financial reports.
• Ensure timely and accurate month-end closing and provide insights on performance trends.

Skills

Hospitality finance experience

Analytical thinking

Excellent communication

Ability to multi-task

Work under pressure

Leadership

Education

BA/BS in Accounting or Finance

Tools

Excel

Word

PowerPoint

Accounting software

POS knowledge

Job description

Summary

The Director of Finance is responsible for maximizing the return on financial assets by establishing financial policies, procedures, controls and reporting systems. The Director of Finance will have oversight of all aspects of the Accounting and Finance functions and will be responsible for driving financial strategy and planning for assigned properties. This position will monitor and analyze capital and operating budgets, including monthly financial analyses, monthly forecasting, annual planning, cash forecasting, and ad hoc business analyses.

• Work directly with the GMs of assigned properties and Regional VP of Operations and Regional Director of Finance to prepare operations analysis and reports.
• Create, maintain, and manage budgeting and forecasting including, but not limited to, operating budget, weekly and monthly forecasting, capital budget, and cash flow analysis.
• Manage all aspects of the day-to-day accounting processes including accounts payable, accounts receivable, payroll and general ledger.
• Supervise the process of recording manual journal entries and oversee various finance related processes to ensure accounting records are complete and accurate.
• Manage all Payroll, Accounts Payable, & Accounts Receivable functions.
• Review and sign off bank reconciliations, account reconciliations, and other analyses.
• Prepare a flash revenue report after every event day.
• Assist in the design and development of internal control procedures to safeguard company assets.
• Oversee the inventory process and perform in-depth cost of goods analysis.
• Review and prepare monthly financial results and externally required financial reports.
• Ensure a timely and accurate month-end closing process.
• Analyze the monthly balance sheet and P&L figures to prepare comments and identify performance trends.
• Assist in the preparation of ad hoc financial analysis for senior management including business forecasting.
• Provide strategic advice based on analyzing trends in the operation and the financial performance of the venue.
• Work with outside auditors to complete the annual audit and issue audited financial statements.
• Hire, train, and retain finance and accounting staff.
• Build solid working relationships with business and department leaders.
• Perform other duties as assigned by management.

Summary

The Director of Finance is responsible for maximizing the return on financial assets by establishing financial policies, procedures, controls and reporting systems. The Director of Finance will have oversight of all aspects of the Accounting and Finance functions and will be responsible for driving financial strategy and planning for assigned properties. This position will monitor and analyze capital and operating budgets, including monthly financial analyses, monthly forecasting, annual planning, cash forecasting, and ad hoc business analyses.

• Work directly with the GMs of assigned properties and Regional VP of Operations and Regional Director of Finance to prepare operations analysis and reports.
• Create, maintain, and manage budgeting and forecasting including, but not limited to, operating budget, weekly and monthly forecasting, capital budget, and cash flow analysis.
• Manage all aspects of the day-to-day accounting processes including accounts payable, accounts receivable, payroll and general ledger.
• Supervise the process of recording manual journal entries and oversee various finance related processes to ensure accounting records are complete and accurate.
• Manage all Payroll, Accounts Payable, & Accounts Receivable functions.
• Review and sign off bank reconciliations, account reconciliations, and other analyses.
• Prepare a flash revenue report after every event day.
• Assist in the design and development of internal control procedures to safeguard company assets.
• Oversee the inventory process and perform in-depth cost of goods analysis.
• Review and prepare monthly financial results and externally required financial reports.
• Ensure a timely and accurate month-end closing process.
• Analyze the monthly balance sheet and P&L figures to prepare comments and identify performance trends.
• Assist in the preparation of ad hoc financial analysis for senior management including business forecasting.
• Provide strategic advice based on analyzing trends in the operation and the financial performance of the venue.
• Work with outside auditors to complete the annual audit and issue audited financial statements.
• Hire, train, and retain finance and accounting staff.
• Build solid working relationships with business and department leaders.
• Perform other duties as assigned by management.

Essential Duties And Responsibilities

• Work directly with the GMs of assigned properties and Regional VP of Operations and Regional Director of Finance to prepare operations analysis and reports.
• Create, maintain, and manage budgeting and forecasting including, but not limited to, operating budget, weekly and monthly forecasting, capital budget, and cash flow analysis.
• Manage all aspects of the day-to-day accounting processes including accounts payable, accounts receivable, payroll and general ledger.
• Supervise the process of recording manual journal entries and oversee various finance related processes to ensure accounting records are complete and accurate.
• Manage all Payroll, Accounts Payable, & Accounts Receivable functions.
• Review and sign off bank reconciliations, account reconciliations, and other analyses.
• Prepare a flash revenue report after every event day.
• Assist in the design and development of internal control procedures to safeguard company assets.
• Oversee the inventory process and perform in-depth cost of goods analysis.
• Review and prepare monthly financial results and externally required financial reports.
• Ensure a timely and accurate month-end closing process.
• Analyze the monthly balance sheet and P&L figures to prepare comments and identify performance trends.
• Assist in the preparation of ad hoc financial analysis for senior management including business forecasting.
• Provide strategic advice based on analyzing trends in the operation and the financial performance of the venue.
• Work with outside auditors to complete the annual audit and issue audited financial statements.
• Hire, train, and retain finance and accounting staff.
• Build solid working relationships with business and department leaders.
• Perform other duties as assigned by management.

Qualifications

To perform this job successfully, the candidate must be able to perform each essential duty above at the highest levels. The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Minimum 5-7 years of relevant experience, preferably in the hospitality finance industry.
• BA/BS in Accounting, Finance, or related field required.
• Extensive knowledge of accounting software, implementing procedures/financial systems and controls, as well as Excel, Word, and PowerPoint.
• Excellent organizational skills and attention to detail are essential.
• Must be highly analytical, can think creatively, and understand complex business dynamics.
• Must have excellent written and verbal communication skills and the ability to multi-task and prioritize in a deadline-oriented environment.
• Ability to work under pressure, irregular hours, maintain confidentiality, and meet deadlines.
• Knowledge of point-of-sale systems is a plus.
• Must be flexible to work extended hours due to business requirements including nights, weekends and holidays.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Specific vision abilities required by this job include close vision for review of statistical and other financial records and information.

Note

The essential responsibilities of this position are described under the headings above. They may be subject to change at any time due to reasonable accommodation or other reasons. Also, this document in no way states or implies that these are the only duties to be performed by the employee occupying this position.

Legends Global is an Equal Opportunity/Affirmative Action employer, and encourages Women, Minorities, Individuals with Disabilities, and protected Veterans to apply. VEVRAA Federal Contractor.