Area Director of Finance
StepStone Hospitality
Area Director of Finance
StepStone Hospitality
Manages hotels and restaurants for property owners
Description
The Doubletree & Tru hotels Portland are seeking an experienced and strategic Director of Finance to join our leadership team. Managed by StepStone Hospitality, this role is vital in overseeing, directing, and administering all financial operations of both hotels. The ideal candidate will bring a strong background in hospitality finance, a collaborative spirit, and the ability to drive financial performance while supporting operational excellence.
*Hotel or hospitality industry experience strongly preferred *
· Supervise the financial department, including accounts receivable, accounts payable, auditing, payroll, general accounting, and cashiers.
· Plan and implement financial procedures and systems.
· Prepare financial analysis of hotel operations.
· Prepare reports outlining hotel’s financial position in areas of income, expense, and earnings based on past, present, and future operations.
· Direct preparation of budgets and financial forecasts.
· Prepare governmental reports and handle all inquiries from governmental agencies, including the Internal Revenue Service.
· Maintain file of all contracts, insurance policies, tax reports, expenses, payroll, etc.
· Develop short- and long-term financial plans for the hotel that support overall StepStone objectives.
· Prepare annual hotel budget.
· Monitor the performance of the hotel through verification and analysis of monthly financial reports.
Participate in the Executive committee including sharing and communicating knowledge and by attending weekly or monthly meetings.
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Requirements
At least 4-6 years of related experience in accounting, finance, or corporate planning
· Must have a comprehensive knowledge of all hotel departments and functions.
· Must have a comprehensive knowledge applicable Federal, state, and local health, safety, and legal regulations.
· Must have exceptional mathematical and computer skills.
· College education and relevant training and experience required. Additional education preferred.
· Ability to timely obtain any required licenses or certificates.
· CPR training and first aid training preferred.
· Additional language ability preferred.
· Occasional travel required.
Software Experience Preferred:
M3 Accounting Core - for Accounts Payable functions & General Ledger entries
Profitsword - for Income Journal, Forecasting, & Budgeting
Paylocity - payroll functions
Hotel or hospitality industry experience strongly preferred. Experience working decentralized. We are an EEO employer.
Manages hotels and restaurants for property owners
StepStone Hospitality manages full-service and select-service hotels and restaurants for private and institutional owners. It takes on independent hotels as well as properties affiliated with major hotel brands, and the company works across hotels, resorts, and destination dining in U.S. hotel markets. Its operating business includes property management, food-and-beverage development, and asset management. StepStone also advises on rebranding and oversees hotel renovation or development projects, linking guest-facing operations with property investment priorities. Founded in 2009, StepStone Hospitality is headquartered in Providence, Rhode Island.
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