Director of Finance (Hospitality)

About the position

The Director of Finance serves as the property's strategic accounting and financial leader, driving the creation of financial knowledge of the business and initiatives to maximize return on investment. This pivotal role will oversee all accounting and financial operations, including bookkeeping, balance sheet reconciliations, budgeting, forecasting, financial reporting, and analysis, to support operational excellence and financial sustainability within the property.

Responsibilities

• Directly manage and support the development, implementation, maintenance and administration of all financial controls and accounting procedures.
• Ensure that all balance sheet accounts have detailed reconciliations and valid support for carried balances.
• Ensure that all revenue recognized within GL has valid support from source systems and documented manual adjustments.
• Ensure that on revenue recorded that the collection of all sales and occupancy taxes aligns with local and state authorities.
• Ensure that all tax-exempt revenue recorded has valid documentation as determined by local and state authorities.
• Ensure that Use Tax for all applicable transactions is correctly recorded and remitted to local and state authorities.
• Play an active role in the management of the business and exercise a responsive attitude to the needs of the hotel management team.
• Ensure compliance with the terms and conditions of the hotel's management contract.
• Be actively involved in the search for opportunities to improve the profitability of the business.
• Ensure compliance with lender reporting requirements.
• Ensure timely reporting and remittance of sales, occupancy, and use taxes at the city, district, and state level.
• Ensure all financial reports, budgets, forecasts, and other information required by Turnberry are generated accurately.
• Review forecasts and budgets prepared by hotel management to ensure reasonable and achievable performance guidelines.
• Provide continual feedback and insight to the hotel management team to support accurate monthly forecasts.
• Ensure all legal, treasury and tax documentation are properly maintained and secured.
• Ensure adequate controls are installed and maintained for the protection of the hotel's assets.
• Work with the Human Resources Director to establish sound compensation and benefits structure within the hotel.
• Manage, supervise, and support all subordinate Team Members.
• Initiate Team Member development and evaluation programs for all subordinate staff.
• Perform other duties as required.

Requirements

• A minimum of 5 years in Hotel Accounting leadership roles.
• Previous leadership experience in full-cycle decentralized accounting environments.
• Proficient in all Windows Based Software Applications including Microsoft Excel and Microsoft PowerPoint.
• Ability to assemble, analyze, understand integrated spreadsheets, and complex technical information.
• Acute attention to detail.
• Advanced MS Excel Skills.
• Strong leadership and mentoring skills.
• Initiative-taking individual, comfortable working independently, able to perform under pressure.
• Strong organizational and prioritizing skills.
• Elevated level of people skills, tact, and diplomacy to achieve results.
• Ability to interpret and explain complex concepts in presentation settings.
• Must possess excellent verbal and written communication skills.