Director of Finance

JOB SUMMARY

Functions as the property’s strategic financial business leader. The position
champions, develops and implements property-wide strategies that deliver
products and services to meet or exceed the needs and expectations of
the brand’s target customer and property employees. The position provides
the financial expertise to enable the successful implementation of the brand
service strategy and brand initiatives while maximizing the return
on investment.

In addition, creates and executes a business plan that is aligned with
the property and brand’s business strategy and focuses on the execution
of financial activities and the delivery of desirable financial results.

CANDIDATE PROFILE

Education
and Experience

• 4-year bachelor's degree in Finance
and Accounting or related major; 3 years experience in the finance
and accounting or related professional area.

OR

• Master's degree
in Finance and Accounting or related major; 1 year experience in the finance
and accounting or related professional area.

CORE WORK
ACTIVITIES

Engaging in Strategic Planning
and Decision Making

• Develops means to improve profit,
including estimating cost and benefit, exploring new business opportunities,
etc.

• Analyzes information, forecasts sales against expenses and creates
annual budget plans.

• Compiles information, analyzes and monitors actual
sales against projected sales.

• Analyzes differences between actual
budget wages and forecasted wages for more efficient budget planning.

•
Identifies the underlying principles, reasons, or facts of information
by breaking down information or data into separate parts.

• Thinks
creatively and practically to develop, execute and implement new business
plans

• Creates the annual operating budget for the property.

•
Provides analytical support during budget reviews to identify cost saving
and productivity opportunities for property managers.

• Implements
a system of appropriate controls to manage business risks.

• Ensures
a strong accounting and operational control environment to safeguard assets,
improve operations and profitability.

• Analyzes financial data
and market trends.

• Leads the development and implementation of
a comprehensive annual business plan which is aligned with the company’s
and brand’s strategic direction.

• Provides on going analytical support
by monitoring the operating department’s actual and projected sales.

•
Produces accurate forecasts that enable operations to react to changes in
the business.

Leading Finance Teams

•
Utilizes interpersonal and communication skills to lead, influence,
and encourage others; advocates sound financial/business decision making;
demonstrates honesty/integrity; leads by example.

• Communicates
the strategic goals, the focus and the owner priorities to subordinates in
a clear and precise manner.

• Leverages strong functional leadership
and communication skills to influence the executive team, the property's
strategies and to lead own team.

• Oversees internal, external
and regulatory audit processes.

• Provides excellent leadership
by assigning team members and other departments managers' clear accountability
backed by appropriate authority.

• Conducts annual performance appraisals
with direct reports according to standard operating procedures.

Anticipating and Delivering on the Needs of Key
Stakeholders

• Attends meetings and communicating with
the owners, understanding the priorities and strategic focus.

•
Understands and meets the needs of key stakeholders (owners, corporate, guests,
etc.).

• Advises the GM and executive committee on existing and evolving
operating/financial issues.

• Communicates financial concepts in a clear
and persuasive manner that is easy to understand and drives desired
behaviors.

• Demonstrates an understanding of cash flow and owner
priorities.

• Manages communication with owners in an effective
manner.

• Manages property working capital and cash flow in accordance
with brand standard operating procedures and owner requirements.

•
Facilitates critique meetings to review information with management team.

Developing and Maintaining Finance Goals

•
Ensures Profits and Losses are documented accurately.

• Monitors all
taxes that apply, ensuring that taxes are current, collected and/or accrued.

• Submits reports in a timely manner, ensuring delivery deadlines.

•
Develops and supports achievement of performance goals, budget goals, team
goals, etc.

• Improves profit growth in operating departments.

•
Reviews audit issues to ensure accuracy.

• Monitor the purchasing process
as applicable.

Managing Projects and Policies

• Generates and provides accurate and timely results in
the form of reports, presentations, etc.

• Reconciles balance sheet
to ensure account balances are supported by appropriate documentation
in accordance with standard operating procedures.

• Ensures that
the P&L is accurate (e.g., costs are properly matched to revenue, costs
are recorded in the proper accounts).

• Ensures compliance
with management contract and reporting requirements.

• Ensures compliance
with standard and local operating procedures.

• Ensures compliance
with standard operating procedures.

Managing
and Conducting Human Resource Activities

• Ensures team members
are cross-trained to support successful daily operations.

• Ensures
property policies are administered fairly and consistently.

• Ensures new
hires participate in the department’s orientation program.

• Ensures new
hires receive the appropriate new hire training to successfully perform their
job.

• Creates appropriate development plans which develop team members
based on their individual strengths, development needs, career aspirations
and abilities.

• Conduct performance review process for employees.

• Participates in hiring activities as appropriate.