Hotel Finance Director: Strategy & Profitability

Hotel Equities

Santa Barbara (CA)

On-site

USD 160,000 - 165,000

Full time

2 days ago
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Benefits offered by this job

Medical Insurance
Dental Insurance
Vision Insurance
401(k) Plan
Paid Vacation
Paid Holidays
Cell Phone Allowance
Associate Travel Discounts
Retail/Shopping Discounts
Career Development

Job summary

Hotel Equities is seeking a Director of Finance for the Mar Monte Hotel in Santa Barbara, CA, to lead all finance operations, drive profitability, and ensure strict adherence to GAAP and brand standards. You will direct budgeting, forecasting, and financial reporting while partnering with leadership and ownership to deliver strategic guidance.

The role requires 5+ years in hospitality finance with leadership, familiarity with hotel systems (M3, Opera, BirchStreet), and an MBA/CMA/CPA preferred.

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field.
  • CPA, CMA, or MBA preferred.
  • Minimum of five (5) years of progressive hospitality finance experience with leadership responsibilities.
  • Previous experience as a Director of Finance, Assistant Director of Finance, or Hotel Controller in a full-service hotel preferred.

Responsibilities

  • Lead all accounting and finance operations, including general ledger, accounts payable, accounts receivable, payroll oversight, cash management, and financial reporting.
  • Prepare accurate and timely monthly financial statements, forecasts, budgets, and variance analyses.
  • Develop and manage the annual operating and capital budgets in partnership with hotel leadership.
  • Monitor hotel performance and recommend strategies to maximize revenue, control expenses, and improve profitability.
  • Ensure compliance with GAAP, internal controls, company policies, and federal, state, and local regulations.
  • Manage month-end and year-end close processes and coordinate internal and external audits.
  • Maintain effective cash management practices and oversee banking relationships.
  • Partner with department leaders to analyze labor, purchasing, inventory, and operational costs while identifying opportunities for improved efficiencies.
  • Provide financial analysis and strategic recommendations to the General Manager and ownership group.
  • Recruit, mentor, develop, and lead the accounting team while fostering a culture of accountability and continuous improvement.
  • Ensure compliance with Hyatt brand requirements and ownership reporting standards.

Skills

Analytical skills
Leadership
Communication
Organizational skills
Hospitality finance knowledge
Accounting & financial analysis

Education

Bachelor's degree in Accounting, Finance, or related field
CPA, CMA, or MBA preferred

Tools

M3
Opera
BirchStreet
Financial reporting software

Job description

Hotel Equities is seeking a Director of Finance for the Mar Monte Hotel in Santa Barbara, CA, to lead all finance operations, drive profitability, and ensure strict adherence to GAAP and brand standards. You will direct budgeting, forecasting, and financial reporting while partnering with leadership and ownership to deliver strategic guidance.

The role requires 5+ years in hospitality finance with leadership, familiarity with hotel systems (M3, Opera, BirchStreet), and an MBA/CMA/CPA preferred.

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