About the position
We are looking for a Director of Finance to join the re-opening of the famed Delano Miami Beach. Set to open its doors in 2025, Delano Miami Beach will fuse historic charm with contemporary luxury, reflecting a reimagined experience that pays homage to the original visionary concept. Comprising 170 rooms and distinct food and beverage concepts, the hotel will preserve its iconic walk-in pool and, in addition, unveil a new pool on an amenity deck, offering breathtaking views of the ocean. Delano Miami Beach will act as the brand's flagship location, re-establishing Delano as a trailblazer in luxury lifestyle hospitality. Ennismore, in partnership with Cain International (the owners of Delano Miami Beach as well as partner in the Delano brand), are currently undertaking a significant renovation and redevelopment of the iconic Delano hotel with an aim to open its doors again ahead of the 2025 winter high season.
Responsibilities
- Manage and communicate cash flow related issues which includes the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds
- Monitor hotel revenues and expenses and ensure the accurate recording in accordance with the hotel established guidelines
- Create annual budgets and monthly variance analysis
- Monitor the accurate production of the hotel daily operating report
- Direct and/or prepare all financial reports in accordance with requirements meeting various deadlines
- 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 the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications
- Complies with Standard Accounting policies and procedures and internal controls for finance and accounting operations
- Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes
- Provide assistance to management in enforcing compliance on all these items
- Analyze financial data and operations in order to assist and advise management in maintaining the hotels' financial objectives. Ensure that all balance sheet accounts, including bank reconciliation's are reconciled on a timely basis
- Embrace a continuous growth environment by actively providing feedback, coaching and supporting the hotel's operational leader
- Hire, train, supervise and develop Finance team, including coaching and counseling
- Partner with Executive Committee on areas of collaboration to assure that property operations are on track and under control at all times
Requirements
- College Degree in Business, Hospitality, Accounting/Finance or related field preferred
- Minimum of 7 (seven) years of progressive Finance/Accounting management experience in a full-service property, luxury hotel or brand
- Considerable skill in math and algebraic equations using percentages
- A proficient understanding of Computer systems such as: Opera, Microsoft Word, Excel, Outlook & HRIS systems
- Hotel opening experience strongly preferred
- Bilingual in English and Spanish preferred
- Ability to prioritize and adapt to the changing needs of the operation
- Strong team leader, a natural at managing and inspiring others
- Combine analytical and methodical thinking with high attention to detail and a solution-focused approach
- Passion for hospitality and inspire an enthusiastic guest-centered approach
- Ability to turn any situation around into a positive experience for all, guests and team alike
- Comfortable with the strategic as well as day to day detail
- Natural at leading and managing others, leading by example
- Able to easily identify and utilize emerging trends and technology to generate revenue
- Exhibit a professional attitude, diplomacy and an ability to handle difficult situations
- Highly responsible, reliable and ethical with a reputation for honesty and integrity
- Get things done, independently and skilled at taking decisive action
Benefits
- The opportunity to join an innovative, fast-growing, international group that's committed to not just building new hotels but building a global brand
- The chance to challenge the norm and work in an environment that is both creative and rewarding
- Become part of a team that's very passionate about creating great hospitality experiences and exploring new locations at every opportunity
- A competitive package and plenty of opportunity for development
