Director of Finance

Greenwood Hospitality Group; Monterey (CA); On-site; USD 150,000 - 220,000; Full time

Job summary

Greenwood Hospitality Group seeks a Director of Finance to lead all accounting, finance, and controls for a hotel. You will manage short- and long-term financial planning, develop the department’s budgets, and ensure timely reporting to ownership and management.

The role involves coordinating with regional and corporate teams, maintaining internal controls, and providing financial insights to maximize profitability. Strong CPA credentials and hospitality experience are preferred.

Qualifications

• Advanced knowledge of accounting, finance and the hospitality industry.
• Professional certification (e.g., CPA) or equivalent experience.
• Ability to analyze complex financial information and communicate it clearly.

Responsibilities

• Establish and monitor internal controls and the hotel capital plan.
• Prepare and review budgets, forecasts, and financial reports.
• Oversee tax filings and government reporting to ensure compliance.
• Act as financial consultant to management on policy and decision impacts.
• Lead the installation and maintenance of accounting systems.
• Provide timely reports toExecutive Committee and Regional VP.

Skills

Accounting

Finance

Hospitality industry

CPA

Education

Bachelor's degree in Accounting or related field

Job description

GENERAL PURPOSE

Establishes, coordinates and administers all financial systems, internal controlsand the hotel capital plan. Prepares and reviews budgets, forecasts, operating results, financial reports and tax returns in compliance with government regulations, company, franchise and ownership requirements.

TheDirector of Finance is the financial manager of the hotel. The position is responsible for short and long term planning and the daily operations of the department. Develops and recommends the department’s budget and objectives and manages within those approved plans. Participates in total hotel management as a member of the hotel’s Executive Committee and is responsible for providing the timely dissemination of reports to management to assist in achieving bottom line results. Consults and clears with the Regional Vice President and Corporate Controller any accounting transactions or control procedures which are not specifically addressed in company Accounting Policies and Procedures Manual or which requires interpretation.

ESSENTIAL DUTIES/RESPONSIBILITIES

Establish, coordinate and administer an adequate plan for the control of operations. This plan would provide profit planning, sales forecasts, expense budgets, capital requirement/needs, cost standards and the necessary procedures for effecting the plan.

Formulate local accounting policy, coordinate systems and procedures and prepare operating data and special reports as required to compare performance with operating plans and standards and to report and interpret the results of operations to all levels of management and ownership (where applicable) to ensure timely information is provided in order to maximize profits.

Act as a financial consultant; provide information on the financial impact of business decisions for all segments of management responsible for policy or action concerning any phase of the business that relates to attainment of objectives, effectiveness of policies and organization structure and procedures.

Establish and administer all tax filing and government reporting procedures to ensure accurate, timely information is provided in compliance with laws and regulations.

Monitor compliance with hotel and accounting policies and procedures, 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 appropriate regional management and to protect the hotel’s assets.

Manage the installation and maintenance of accounting computer systems and equipment to ensure optimum performance.

Has a fiduciary responsibility to company and management.

OTHER DUTIES/RESPONSIBILITIES

Performs special projects and other responsibilities as assigned.

Travel required to other company hotels and corporate for meetings, training and task forces.

Hours: 40-50 hours over a five day period; days and times may vary based on need.

SUPERVISORY DUTIES

2-10 employees.

QUALIFICATIONS

Knowledge

• Requires advanced knowledge of the accounting, finance and hospitality profession.
• Requires working knowledge of the major areas and the skill to integrate and communicate that information.
• Requires professional certification (e.g. CPA) or the equivalent level of experience.
• Ability to study, analyze and interpret complex activities or information in order to improve known practices or develop new approaches.
• Ability to make decisions based on only general policies and procedures.
• Must possess communication skills in terms of the ability to negotiate, convince, sell and influence professionals, management and/or hotel guests.

Skills

• Excellent speech communication skills required to train and deal with management, employees.
• Excellent comprehension and literacy required for reports, computers, ledgers, etc.

Abilities

• Lifting, pushing, pulling, carrying - limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment.
• Bending/kneeling - limited bending/kneeling required when arranging supplies or equipment.
• Mobility - limited mobility between offices and departments.

Education/Formal Training

• A four year college degree (accounting preferred) or equivalent education/experience.

Experience

• Experience required by position is five to ten years of employment in a related position with this company or other organization(s).

Material/Equipment Used

• Computers, 10 key calculator, phones (95-1010% of work period).

Environment

• Work inside 100% of work period.

VALUES AND CULTURE

Ambassador should embrace the Greenwood Core Values of:

• Integrity in Conduct
• Cooperation in Action
• Excellence in Performance

Also cultivate and build the Greenwood EFFECT culture to develop and lead their team

• Engaged--encourage, identify positive moments
• Fun--maintain a healthy and happy workplace
• Flexible--adapt and change while maintaining our standards of excellence
• Equipped and Empowered--provide the necessary tools and leadership to cause success
• Community--caring about our work, our colleagues and our ambassadors
• Trust--foster high levels of trust within the department