The Director of Finance will provide leadership across all financial areas of a luxury hospitality property while maintaining high standards of service, integrity, and financial stewardship. This individual will be responsible for driving profitability, maintaining accurate and timely financial reporting, overseeing internal controls, managing budgeting and forecasting, and ensuring compliance with applicable financial and regulatory requirements.
Key Responsibilities:
- Prepare, review, and present monthly property financial statements.
- Manage monthly forecasting and cash flow schedules.
- Lead the annual budgeting process.
- Analyze financial and operational data to identify opportunities for revenue growth, profitability improvement, and cost savings.
- Coordinate annual audits and work directly with outside auditors.
- Hire, train, mentor, and supervise Accounting and Purchasing team members.
- Oversee billing and collections for guests, members, and property-related accounts.
- Monitor and approve property expenditures.
- Oversee financial functions related to various property operations and assets.
- Manage financial oversight of contracts, licenses, permits, insurance, and other agreements.
- Ensure timely fulfillment of financial, tax, and regulatory obligations.
- Establish, maintain, and audit internal financial controls.
- Maintain strong communication and working relationships with ownership.
- Partner closely with department leaders around labor, budgeting, forecasting, and operating performance.
- Provide strategic financial leadership related to upcoming renovations and capital investments.
- Serve as a strategic business partner to property leadership and ownership.
Qualifications:
- Bachelor's degree in Finance, Accounting, or a related field required
- Minimum of six years of relevant Director-level experience in a decentralized accounting environment.
- 8-10+ years of hospitality finance experience required, particularly at the property level.
- Luxury resort, boutique hotel, and/or independent property experience required.
- Strong knowledge of hotel/resort operations, budgeting, forecasting, internal controls, audits, taxes, and financial reporting.
- Experience with hospitality ERP, property management, point-of-sale, spa, and treasury reporting systems highly preferred.
- Strong leadership, communication, judgment, organizational skills, and attention to detail.
- Ability to effectively partner with property leadership, department heads, ownership, and asset management.