Regional Director of Finance

Duties/Responsibilities:

• Person directly reports to Vice President - Accounting. The position serves as a liaison between the Corporate Office and Properties. Advising of any concerning matters promptly.
• Review and sign off on all financial statements, forecasts, cash flows and balance sheets.
• Review balance sheet accounts, ensuring adequate support and documentation for all accounts. Creates plans and timelines to correct any deficiencies.
• Ensures P&L accuracy and timeliness through adequate accounting workflow planning, effective close management, and optimization of checklists and documentation tools
• Ensure property compliance with USALI, GAAP and Company accounting policies and procedures
• Ensure satisfaction of legal requirements and contractual obligations (including obligations under a management agreement) utilizing internal controls, auditing, and security procedures to ensure deviations are brought to the attention of the General Manager and Vice President - Accounting.
• Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
• Primary involvement in tax audits and internal/external audits and assist in coordinating the responses to governmental agencies when necessary.
• Collaborate with other Regional Directors of Finance, Property Controllers/ Directors of Finance, and the Vice President - Accounting to ensure effective coordination of activities and discussion of best practices
• Serve as the subject matter expert for all finance division related matters, specifically ensuring implementation and adherence to SOPs, training manuals, systems, and service standards and guidelines.
• Coach and mentor direct reports to develop their full potential; establish clear expectations that will allow them to achieve success in their role; provide them the necessary tools and training for growth; approach people performance needs by understanding individual needs and barriers.
• Work with transition and ownership teams for on-boarding and off-boarding of properties ensuring smooth, thorough, and accurate hotel transition activities.
• Actively assist in recruiting, reviewing, recommending prospective team members like Directors of Finance, Assistant Directors of Finance, Accounting Managers, and other finance team members for the organization.
• Perform other job-related duties as assigned.

Required Skills/Abilities:

• Superior verbal and written communication skills. Proficient with Microsoft Office Suite
• Excellent interpersonal and technical communication skills; must demonstrate the ability to clearly communicate complex ideas and know one’s audience
• Thorough understanding of accounting and financial best practices, highly desirable to have a knowledge of hotel finance, hotel information and financial systems.
• Superior organizational skills and attention to detail; ability to plan, prioritize, and multitask; sound judgement
• Solution oriented – identifies the source of a challenge to adopt long term solutions
• Knowledge of Generally Accepted Accounting Principles (GAAP), USALI, and general accounting practices.
• Ability to read and understand basic contract elements, e.g., management agreement, terms, priorities, and profit distribution.
• Business Acumen – Understanding, utilizing, and analyzing business information.

Education and Experience:

• Bachelor's degree or equivalent work experience; 8+ years’ experience in finance or accounting, hotel finance/accounting experience preferred.
• Experience in a high-growth, fast-paced, multi-unit hospitality (food & beverage or hotel) environment preferred.
• Excellent verbal and written communication skills, including an ability to generate enthusiasm and speak knowledgeably about financial planning, systems administration, and hotel accounting best practices.
• Experience in working with Profit Sword (or other Budgeting and Planning enterprise-level software) and Enterprise Resource Planning/Accounting platforms strongly preferred.
• Experience developing financial forecasting, budgets, cash flow forecasting and the preparation of financial reporting and analysis
• Confident, proactive, and positive attitude; energetic and cooperative team player; eager to contribute and improve efficiency
• Dedicated to coaching and developing team members

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at a time.

Salary range for this position is $175,000 to $195,000 annually.

Equal Opportunity Employer
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