Director of Finance

Full-time - Mid Level

Philadelphia, PA

Accommodation

About the position

The Director of Finance will supervise and direct the financial activities of the hotel, safeguard the assets, and prepare financial reports in accordance with established guest service and sustainability standards. This role is crucial in ensuring the financial health of the hotel while adhering to the company's core values and sustainability practices.

Responsibilities

• Interview, select, train, schedule, coach, and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values.
• Analyze financial data of operations, in order to advise hotel management and to assist in maintaining an efficient operation.
• Monitor and approve all sales, purchases, salaries and expenses of the hotel.
• Prepare, review, and present the Monthly Report of Operations.
• Prepare forecasts and budgets as required (annual, revised annual, monthly, and/or on Hersha Hospitality/owner's request).
• Ensure payroll practices meet Fair Labor Standards Act.
• Oversee contracts and legal agreements, and assist hotel management in maintaining licenses, permits, insurance and contracts.
• Establish and audit internal financial controls, including purchasing, cash handling and disbursements, inventories, hotel equipment, master keys, and associate time records.
• Follow sustainability guidelines and practices related to HHM's EarthView program.
• Practice safe work habits, wear protective safety equipment and follow MSDS and OSHA standards.
• Perform other duties as requested by management.

Requirements

• Bachelor's Degree required, preferably in Accounting or Finance.
• 5 to 10 years of accounting experience in the hospitality industry.

Benefits

• Medical, Dental and Vision Health Insurance
• Paid Time Off
• 401k Company Match
• Free Basic Life Insurance
• Travel Discounts
• Commuter Transit and Commuter Parking Benefits
• Quarterly Bonuses and Incentives
• Employee Assistance and Wellness Program
• Educational/Professional Development
• Technology Reimbursements