Director of Finance (Hospitality)

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A bit about us:

Luxury hotel company looking for a high level Director of Finance to oversee finance operations at their location in Los Angeles, CA

Why join us?

Our client exists to give guests an authentic feel for the local flavor in leading business gateways and leisure destinations across North America. From exceptional golf and spa retreats to dynamic business settings, each property blends seamlessly into the local culture while featuring four-diamond services, signature restaurants, WiFi connectivity and unique wellness options.

Our client dedicates themselves to leaving a lasting impression with every guest through award-winning, personalized service.

Job Details

The Director of Finance directs the accounting and control functions at the hotel, while ensuring timely reporting of operating results and maintenance of the integrity of the management information system.

  • Supervise all accounting functions including payroll, payables, receivables, cashiering and night audit.
  • Prepare the financial statements within the time frames supplies in the Corporate closing schedule and according to the Policies and Procedures, Generally Accepted Financial Services Principles and the Uniform System of Accounts.
  • Analyze and interpret financial results in order to assist and advise the General Manager and the Corporate Team.
  • Maintain balance sheet analysis on at least a quarterly basis and preferably on a monthly basis with full supporting detail.
  • Prepare accurate cash flow statements and projections on a monthly basis and on request.
  • Maximize working capital and cash flow statements and projections on a monthly basis and on request.
  • Prepare timely and accurate sales, use and occupancy tax returns as well as any other external reports or returns as deemed necessary.
  • Ensure successful treasury cash management as set forth in the policies and procedures manual.
  • Ensure compliance with the management agreement and attendant legal documents. Understanding how those documents translate into financial responsibilities and how they may effect both the hotel’s and Corporate's financial position.
  • Maintain effective system and control procedures as set forth in the policies and procedures manuals.
  • Ensure integrity and efficiency of computerized data processing functions. Serves as the owner of maintaining all computer hardware and software systems within the hotel.
  • Ensure that all financial reports, budgets, forecasts, and other information required by corporate are accurately compiled and submitted within the specified time limits, identifying variances, and making recommendations for improvements as appropriate.
  • Review forecasts and budgets prepared by hotel management team to ensure that owners, the General Manager, and Corporate Management are provided with guidelines of performance that are both reasonable and achievable.
  • Ensure all legal, treasury, and tax documentation is properly maintained and secured, and that all statuary and fiscal reporting requirements are satisfied, which includes any governmental requirements for permits and licenses.
  • Ensure adequate insurance coverage is maintained to protect the assets of the hotel with particular regard to the requirements contained in the hotel's management contract.
  • Ensure adequate controls are installed and maintained for the protection of the hotels' assets against loss or misappropriation.
  • Successfully lead and perform an advisory or interpretive role as well as to recommend controls related to the ethical environment.
  • Continuously monitor economic, social and governmental trends and policies to ensure the General Manager and Corporate Management are kept fully apprised of any implications that may affect the performance of the hotel in meeting its financial objectives.

  • Qualified candidates must have a minimum of BSC or BA in Business Administration with concentration in Accounting/Finance
  • Must have previous hotel experience .
  • Four years experience as a hotel/resort Director of Finance
  • Must have experience as an Assistant Controller or Public Accounting Senior/Management
  • Full general ledger experience and month end closing experience is preferred
  • Ability to communicate effectively.
  • Ability to work under pressure.
  • Exceptional organizational skills.
  • Ability to meet deadlines.

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Job Details
Managed by Jobot Pro
Los Angeles, CA
Job Type
$140,000 - $160,000