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Provide assistance and financial leadership to Directors of Financial Services and management of other locations as directed.
Continually focus on training and development programs for accounting associates to cultivate the “brightest” and “best” talent within the industry.
Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.
Work with ownership groups on cash requirements, ROI initiatives, reporting requirements and other ownership needs and concerns.
Review, rate, and evaluate the Director of Finance performance in accordance with guidelines provided by Human Resources. Provide regular feedback on performance to Directors of Finance.
Monitor compliance of internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records, by both partnering with Internal Audit, as well as reviews of Financial Statements and ensuring the completion and monitoring of Self-Audits by the property teams.
Participate in company sponsored recruiting efforts as needed.
Effectively supervise the implementation and preparation of cash flow statements and projections across the portfolio of hotels and monitor the cash positions of those hotels. This includes training on the preparation of cash flow statements.
Assist in the revision, recognition, development, and implementation of Accounting Standard Operating Procedures on a regular basis.
Conduct and/or attend and contribute to periodic meetings to maintain favorable working relationships among employees and promote maximum morale, productivity, and efficiency.
Comply with Hotel Standards and regulations to encourage safe and efficient hotel operations.
Maximize efforts towards productivity, identify problem areas and assist in implementing solutions.
Analyze financial data and operations to assist and advise management in maintaining the hotels’ financial objectives.
Ensure hotels’ compliance with all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Assist in management in enforcing compliance on all these matters.
Monitor regional hotels’ revenues and expenses to ensure the accurate recording of information in accordance with Hotel’s guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
Monitor the capital planning process by assisting management with calculating return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating the scope of work and specifications.
Maintain regular attendance in compliance with Hotel Standards, as required by scheduling, which will vary according to the needs of the hotel.
Embrace a continuous growth environment by actively assisting in recruiting, reviewing, recommending, and maintaining an inventory of Directors of Finance, Assistant Directors of Finance, Accounting Managers, and other managers for the organization.
Direct or prepare financial reports in accordance with Hotel’s requirements to ensure meeting various deadlines and due dates, i.e.,
Hire, train, supervise and develop staff, including coaching, counseling, and discipline.
Must be able to maintain confidentiality of information.
Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives.
Must be able to effectively communicate both verbally and written, with all levels of employees and guests in an attentive, friendly, courteous, and service-oriented manner.
Must be able to prioritize regional, hotel, or departmental functions to meet all deadlines.
Proven leadership abilities with experience leading teams and departments.
Must be able to multitask and prioritize departmental functions to meet deadlines.
Experience in Hotel or Restaurant financial background is required for this role.
Leadership experience and abilities.
Multi hotel experience is preferred for this role.
A minimum of 10 years of progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/Finance concentration and a minimum of 5 years of related progressive experience; or a 2-year college degree and a minimum of 8 years of related progressive experience.
Technical knowledge of key financial systems and software is required.
Must be proficient in Windows, company-approved spreadsheets and word processing, and in the operation of all hotel-specific systems.
Must be effective in handling problems, including anticipating, preventing, identifying and solving problems as necessary.