EOS Hospitality ยท 1 month ago
Area Director of Finance
Washington, DC
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expEOS Hospitality is seeking an Area Director of Finance to lead financial operations across multiple hotels. The role involves overseeing payroll, budgeting, forecasting, and ensuring compliance with financial regulations, while also providing timely financial reports and supporting hotel management in decision-making.
Hospitality
Responsibilities
Supports multiple hotels across all areas of financial compliance and reporting, budgeting development and management
Readily assist in the operation of each leaders department and special projects. Identifies risks and presents solutions that guides leaders in making effective decisions that meets the financial interests of the hotels
Develops annual operating budget, operating plan and financial goals. Achieves budgeted revenues, costs and profits through accounting diligence and expenditure controls and proficient accounting practices
Set written priorities and key objectives for each department head quarterly including action plan and completion date. Follow up to assure successful implementation and follow-through and take corrective action in the event of failure to meet assigned objectives
Monthly forecasting of operating staff and cost expenditures. Business planning in line with forecasted sales and costs including guidance to department heads
Monthly review of financial statement in order to correct problems, assure spending is in line and to plan for future business. Review and approve all expenses in "other expense" categories in all departments. Regularly review all major expenses to assure that monies are wisely expended
Promotes associate moral and loyalty within their department and hotel, leading to reduced turnover. Communicate, counsel and assist in staff development. Visible and available to all associates in accordance with the Company's open door policy. Attend monthly department employee meetings whenever possible
Assure level of experience, knowledge and ability to meet job requirements of all hotel management. Cost Controls Review controls and assure adherence at all times in order to protect the hotel's property/assets
Review sales solicitation activities, room nights productivity and group room rates sold by sales. Review individual productivity and corrective actions are taken. Evaluate market mix and take action in order to best position the hotel for increased business. Involvement in sales solicitation of key accounts by reviewing contracts, meeting with sales department, visit key account contacts in person and by phone
Qualification
Required
A four-year college degree (accounting preferred) or equivalent education/experience
Experience required by position is five to ten years of employment in a related position
Hotel experience is REQUIRED
Requires knowledge of all hotel accounting functions performed by the subordinate reporting directly or indirectly
Requires advanced knowledge of the accounting, finance and hospitality professions
Requires ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions
Office Management, Bank Reconciliations, Preparation of State and Federal Reports, Training of Accounting staff employees, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, closing the books and preparing the Balance, Sheet Package
Benefits
Medical
Dental
Vision
Ancillaries
Sister property hotel discount
And much more
Company
EOS Hospitality
EOS Hospitality is a full-service management company that operates a portfolio of 50+ thoughtfully selected hotels and resorts across the United States.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Simon Mais
Chief Operating Officer
Company data provided by crunchbase