Senior Director, Business Development Finance

HMSHost; Bethesda (MD); On-site; USD 180,000 - 240,000; Full time

Job summary

HMSHost, a leading hospitality company, is seeking a Senior Director of Business Development Finance to optimize return on investment through rigorous financial modeling, post-audit processes, and capital planning. The role directs a team to develop robust financial analyses and strategic capital budgets for large, strategic accounts.

The position is based at the North America Support Center in Bethesda, MD, with travel up to 25%.

Qualifications

• Over 10 years combined education and professional experience in finance
• Experience leading finance teams
• Strong background in capital planning and analysis

Responsibilities

• Directs financial modeling, recommendations, post audits, and CapEx reports
• Identifies and evaluates development opportunities in large accounts
• Oversees the Business Case review process for regional investment decisions
• Negotiates with landlords and potential business partners
• Oversees CapEx/OpEx budgets and funding setups
• Provides regular updates to the Opportunity Pipeline for future projects

Skills

Leadership

Financial analysis

People management

Strategic thinking

Negotiation

Education

Bachelor’s degree (related field)

MBA or related master’s degree

Job description

HMSHost, a subsidiary of Avolta, is a leader in creating dining for travel venues. With our unmatched portfolio, we operate over 1,000 locations in nearly 80 airports across North America, including proprietary concepts, local, regional, and national brands, and partnerships with award-winning chefs. For decades, HMSHost has curated food and beverage programs that make a traveler’s journey as exciting as the destination.

About the Role

The Senior Director Business Development Finance is responsible for maximizing the return on the company’s investment dollars by providing fact-based input into development projects and by providing oversight of the business case review process. This role assists in improving capital control processes, as well as establishing and leading a formal business case post audit process.

Essential Functions:

• Directs the work of the Manager and Senior Manager Development Finance to develop financial modeling, recommendations, post audits, and CapEx reports
• Identifies and evaluates potential development opportunities in large and strategic accounts
• Assists in the overall oversight of the Business Case review process in preparation for the Regional Investment Committee
• Participates in negotiations with landlords and potential business partners
• Oversees the preparation of Business Case Post Audits to compare actual project performance to approved Business Case projections; ensure that learnings are shared with others in Business Development so that they may be instituted
• Assists in overseeing development of CapEx, OpEx, and departmental budgets
• Oversees the preparation of Budget Overrun Authorization Requests and setting up project funding (RFFs)
• Provides regular updates to the Opportunity Pipeline for all potential future development projects in assigned accounts

The Senior Director Business Development Finance reports to the VP of Business Development Finance

Major Interdependencies: Developers, Design & Construction, Legal, Concepts, Operations

Minimum Qualifications, Knowledge, Skills, and Work Environment:

Education and Experience:

• The combination of education and professional experience must exceed 10 years:
• In a leadership role: Requires 3 years of experience leading a team of finance professionals engaged in developing and executing financial/business analysis
• In a technical role: Requires 8 years of experience engaged in developing and delivering financial/business analysis
• A bachelor’s degree in a program related to the functional area can count for three of the eight-year requirement
• An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of the eight-year requirement
• In the industry: 3-5 years of Hospitality, F&B and/or Retail experience

Specialized Training:

• Training that leads to expert financial analysis skills (NPV, IRR, cost/benefit, trend analysis); must have strong computer modeling and analysis skills
• Requires experience in commercial real estate development and multi-location service companies
• Requires experience in reading and interpreting legal agreements
• Highly advanced financial analysis and business acumen, but also has a strategic vision to understand the long-term implications of each development deal
• Demonstrated history of understanding the needs of the business, stakeholders, the employee population, and individual circumstances
• Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goals

Location/Travel:

• This role requires regular attendance at the North America Support Center in Bethesda, MD
• This role requires up to 25% travel

Disclaimer: Avolta, including Dufry, HMSHost Corporation, Hudson, and affiliates (“the Company”), is an equal opportunity employer. It is the Company’s policy to ensure equal employment opportunity in all aspects of employment and to comply with anti-discrimination laws and regulations. The Company prohibits discrimination and harassment of any type and provides equal opportunities to applicants and team members without regard to actual or perceived race, color, creed, age, religion, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, national origin, disability, military service and veteran status, ancestry, citizenship status, marital status, protected medical condition as defined by applicable state or local law, genetic information, or any other basis protected by applicable federal, state or local laws and ordinances (referred to as “protected characteristics”).