Director of Finance | Resort Perks

Hyatt Hotels Corporation; Cambridge (MD); On-site; USD 118,000 - 150,000; Full time

Benefits offered by this job

Competitive Salary

Medical, dental, vision insurance

Health benefits

Mobile phone reimbursement

Designated parking

Free and discounted room nights

Friends & family rates

Discounts on food and beverage

Headspace wellbeing subscription

Employee stock purchase plan

Job summary

Hyatt Regency Chesapeake Bay is seeking a Director of Finance who demonstrates a growth mindset and is ready to grow their career. The role oversees all financial operations of the hotel, ensuring accuracy, efficiency and adherence to financial regulations and standards.

The individual in this role plans, organizes, directs, and controls the financial and control function of the division, reports operational results, and provides financial support to hotel management.

Qualifications

• 5+ years in finance with hospitality/retail experience preferred.
• 2+ years in director-level leadership within hospitality or complex environments.
• Degree in Accounting, Finance, Hospitality, Business or related field preferred.
• Strong communication skills in English (written and verbal).
• Proficiency in Microsoft Office products.
• Experience with POS (Simphony, Infrasys), PMS (Opera), Oracle, ADP/Enterprise, Kronos preferred.

Responsibilities

• Prepare and review monthly and annual financial statements with department input.
• Lead hotel on- and off-site accounting, budgeting, month-end close, and cash management.
• Develop and implement the annual business plan aligned with objectives.
• Oversee year-end processes and coordinate external auditors' visits.

Job description

Summary

Hyatt Regency Chesapeake Bay is seeking a new Director of Finance who demonstrates a growth mindset and ready to grow their career. The Director of Finance oversees all financial operations of the hotel, ensuring accuracy, efficiency and adherence to financial regulations and standards. The individual in this role plans, organizes, directs, and controls the financial and control function of the division, reports operational results, and provides financial support to hotel management.

What You'll Do:

Financial Management

• Prepare and review all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department managers in this process. Identify areas for improvement and execute necessary corrective measures as required.
• Manage and lead hotel on and off-site accounting functions to ensure proper fiscal management, timely and accurate reporting, and analysis. This responsibility also includes hotel financial and capital planning, budgeting, month-end financial close, accounting, and cash management.
• Leads the development and implementation of a comprehensive annual business plan aligned with business objectives.
• Complete the year-end process. Review and approve all reconciliations and audit work papers. Coordinate the external auditors' visits, respond to auditor requests, approve all adjustments, reconcile the audited report to the hotels information and approve the audit.

Internal Controls & Risk

• Ensures adherence to HMA terms and fulfills reporting obligations.
• Maintain adherence to policies and procedures to ensure sound internal controls and segregation of duties.
• Manage SOX Compliance
• Monitor and keep abreast of industry trends, local legislative changes and organizational behavior to inform sound business decisions.

Operational Leadership

• Mentor and coach, the finance team providing direction, training, and performance feedback to nurture their professional advancement and growth. Support the development of future leaders in ALL areas of the hotel.
• Lead and develop the Finance, Information Technology, and Purchasing teams to ensure efficient operations and achievement of organizational objectives.
• Oversee workload prioritization, resource allocation, and continuous improvement initiatives within assigned areas of responsibility.
• Empower employees with financial insights.
• Supervise the Information Technology and Procurement function. Additionally have a sound understanding of the hotel operational and back-office.
• Cultivates and supports environment receptive to change.

Business Partner

• Collaborate with management to devise and implement strategic initiatives aimed at cost efficiency and revenue generation enhancements to achieve business objectives without compromising core business values and relationships.
• Nurture relationship with owners' representative and key stakeholders ensuring timely communication and submission of deliverables.
• Embody a growth mindset and embrace change to drive value to stakeholders.**The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

Why Chose Hyatt?

At Hyatt, your success matters. We offer:

• Competitive Salary: $118,100.00 - $150,000.00
• Health Benefits: Medical, dental, and vision insurance starting after just 30 days
• Perks & Discounts:
  • Multiple resort amenity perks: golf, spa & marina
  • Mobile phone reimbursement
  • Designated parking spot
  • Free and discounted room nights
  • Friends & family rates at Hyatt properties
  • Discounts on food and beverage
  • Work-life benefits including wellbeing initiatives such as a complimentary Headspace subscription, and a discount at the on-site fitness center
  • Exclusive savings on tech, wellness apps, and more (e.g., Apple, AT&T, etc.)
• Work-Life Balance: Paid time off, including new child leave
• Retirement Support: 401(k) matching (up to 4%) and employee stock purchase plan
• Growth Opportunities: Tuition reimbursement and robust training programs
• Everyday Conveniences: Meal credit for employees

Qualifications

• 5 years or more of finance career progression; preferred experience in hospitality, retail, or related industry.
• 2 or more years in Director-level leadership within hospitality or complex environments
• Degree in Accounting, Finance, Hospitality, Business or related field preferred.
• Demonstrated ability to effectively interact with people of diverse backgrounds.
• Clear and concise written and verbal communication skills in English
• Proficiency in Microsoft Office products
• Prior POS (Simphony, Infrasys), PMS (Opera), Oracle, ADP/Enterprise, Kronos, expertise desired.

All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.