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Kessler Collection

Director of Finance

Corporate Finance & FP&APosted on Nov 5
Full-timeSt. Augustine, FL, USANo salary listedIn-person

About the Job

Requirements

  • At least 5 years of hospitality finance or accounting experience.
  • Prior Controller or Director of Finance experience, preferably at a premium-branded hotel.
  • A bachelor's degree is required, preferably in Finance or Accounting.
  • Must supervise 2 or more employees.
  • Must be proficient in Windows, company-approved spreadsheets and word processing, and hotel-specific systems.
  • Must have excellent verbal and written communication skills.

Responsibilities

  • Effectively manage and communicate cash flow-related issues, including preparing accurate and timely monthly property financial statements, cash flow statements, managing receivables, payables, and cash balances, maintaining control mechanisms, and ensuring timely deposits of all funds.
  • Monitor hotel revenues and expenses and ensure accurate recording in accordance with Highgate Hotels' established guidelines; monitor and control hotel cash flow and operating forecasts.
  • Create annual budgets and monthly variance analyses, investigate and critique variances to budget or prior year, and offer practical improvement methodologies to management.
  • Ensure hotel compliance with regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes, and assist management in enforcing compliance.
  • Analyze financial data and operations to assist and advise management in maintaining the hotels' financial objectives.
  • Comply with standard accounting policies and procedures and internal controls for finance and accounting operations.
  • Review and approve all balance sheet accounts in a timely manner, including monthly bank reconciliations and general ledger account reconciliations.
  • Establish and continually audit internal financial controls for purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
  • Complete internal and external financial audits successfully, coordinate work with CPA firms, and deliver requested information to auditors on time.
  • Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.
  • Maintain compliance with Highgate Hotels' standards and regulations to ensure safe and efficient hotel operation.
  • Direct or prepare financial reports according to Highgate Hotels' requirements and deadlines, including weekly accounts receivable and accounts payable aging, flash, payroll, and revenue reports; monthly financial statements, forecasting key statistics reports, and cash flow; and annual budgets, five-year plans, and five-year capital plans.
  • Interact with Executive Committee members in a timely manner to ensure property operations are on track and under control.
  • Monitor hotel compliance with required report deadlines and due dates, and react accordingly.
  • Monitor the accurate production of the hotel's daily operating report.
  • Execute other special projects and responsibilities as assigned.

Desired Qualifications

  • Prior Controller or Director of Finance experience at a premium-branded hotel is preferred.
  • A bachelor's degree in Finance or Accounting is preferred.

About the Company

Company size
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