Area Director of Finance

Description
SUMMARY:

As an Area Director of Finance, you will play a pivotal role in overseeing and managing financial operations across multiple hotel properties within a designated region. Reporting directly to each hotel's General Manager, with oversight by the VP of Finance, you will be responsible for ensuring the accuracy, integrity, and compliance of financial reporting and accounting processes within each hotel in your designated region. Your leadership will drive financial performance, optimize processes, and foster a culture of accountability and excellence in accounting practices.

RESPONSIBILITIES:

Acts as the Executive Finance Representative on property reporting to the General Manager.

Handles reporting communication with owners, corporate office and vendors, clients as need it.

Coordinates the research of trends and builds recommendation to positively impact the hotel financial performance.

Drafts and prepares property Forecast of Expenses and Revenues, working with department heads to establish pace.

Main point of contact to the property on budget, forecast and labor tracking.

Provides the General Manager with timely and accurate data on which to make management decisions. Provides accurate and meaningful financial statements to owners and management.

Ensures the controls are minimizing losses and maximizing profits by retaining revenues, reducing expenses, and safeguarding hotel assets.

Coordinates budget preparation and the full involvement of Department Heads is obtained.

Report all cashier overages and shortages. Publish cashier over/short daily to department heads and appropriate leadership team members.

Keeps "open communication" between subordinates, peers, and associates.

If available, trains all associates in the Accounting department how to perform their job duties to the best of their abilities while in accordance with established objectives, policies, and procedures.

Provides disciplinary action when, and if, necessary.

Participates in weekly Leadership Team meetings, property MOD program, weekly staff meetings, monthly department and safety meetings

Administers and maintains accurate records of necessary federal, state, and local reports as required by the applicable laws, franchise SOPs, and Concord/local SOPs.

Deviations of hotel policies, procedures, legal requirements, and contractual obligations, which come to attention, are reported to the General Manager & Corporate VP of Finance.

Interviews and hires new personnel as needed.