Financial Director

Pyramid Global Hospitality; Newton (MA); On-site; USD 85,000 - 110,000; Full time

Job summary

A leading hotel group in Newton, Massachusetts is seeking a Director of Finance to manage financial operations and reporting. This role requires at least 4 years of experience in hospitality accounting and a Bachelor's degree in Business. The ideal candidate will demonstrate strong financial analysis skills and a leader mindset. You will collaboratively work with department heads to enhance profitability and compliance with regulations, while also mentoring your team. Competitive salary and flexible working hours including some weekends will be part of the package.

Qualifications

• 4+ years of accounting experience, specifically in hospitality.
• Experience as a Director of Finance is preferred.
• Must possess a flexible schedule for weekend work.

Responsibilities

• Manage cash flow issues and communicate with management.
• Coordinate budget and forecast completion with teams.
• Analyze financial data and advise on financial objectives.
• Ensure timely reconciliation of balance sheet accounts.
• Develop financial strategies and policies.

Skills

Financial analysis

Budget management

Cost control

Team mentoring

Regulatory compliance

Education

Bachelor's degree in Business with Intermediate accounting

Job description

Welcome to Boston Marriott Newton, a premier property within the Pyramid Global Hospitality portfolio. Located along the scenic banks of the Charles River in Newton, Massachusetts, our hotel features 430 well-appointed guest rooms and an expansive 34,090 sq ft of versatile meeting space, offering a dynamic work environment that combines comfort with functionality. At Boston Marriott Newton, we are dedicated to providing exceptional service and fostering a supportive work culture that prioritizes growth and development. Our team members have the opportunity to thrive in a collaborative atmosphere, working alongside professionals who share a commitment to excellence. Joining our team means becoming part of a community that values teamwork, professionalism, and a passion for delivering outstanding experiences. If you are driven and enthusiastic about hospitality, we invite you to explore the rewarding career opportunities at Boston Marriott Newton. Start your journey with us today.

What you will have an opportunity to do:

• Effectively manage and communicate cash flow related issues, as required to management and ownership.
• Coordinate the completion of all forecasts and budgets as required, with the full and active participation of Executive Team and department managers.
• Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
• Ensure that all balance sheet accounts are reconciled on a timely basis.
• Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.
• Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
• Direct and/or prepare all financial reports in accordance with the company’s requirements meeting various due dates and deadlines.
• Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.
• Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.
• Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.

What are we looking for?

• Four-year college degree in a Business curriculum to include Intermediate accounting and financial fundamentals required.
• A minimum of 4 years of accounting experience in the hospitality industry required.
• Prior experience as a Director of Finance in a high-volume hotel preferred. Someone who has a leader mindset and has experience with training or mentoring their team members is required.
• Someone with a flexible schedule, as some weekend work is required.