The Adolphus · 2 weeks ago
Area Director of Finance
The Ryder Hotel is seeking an Area Director of Finance to oversee financial operations across multiple properties within the assigned region. This role involves managing the finance team, ensuring compliance with company standards, and preparing operational budgets while providing financial insights to optimize performance.
LeisureLifestyle
Responsibilities
Manage and oversee the financial activities of the assigned properties, ensuring accuracy and compliance with company standards
Develop and produce accurate forecasts to enable property operations to adapt to business changes effectively
Implement and maintain a robust cash control system, including periodic audits and detailed financial reporting
Provide exceptional leadership by assigning clear responsibilities and accountability to team members and department managers
Foster a collaborative environment that encourages open communication and teamwork across all departments
Lead the preparation of annual operational budgets in collaboration with property leaders, ensuring alignment with company objectives
Review and analyze budget variances, providing insights and recommendations to optimize financial performance
Oversee the reconciliation of balance sheets, ensuring that all account balances are supported by appropriate documentation
Ensure the accuracy of the Profit & Loss (P&L) statements by verifying that costs are properly matched to revenue and recorded in the correct accounts
Maintain a thorough understanding of city, county, and state sales tax laws, as well as laws related to property matters
Ensure all financial operations comply with local, state, and federal regulations
Review and assess asset and inventory needs as required, ensuring proper documentation and alignment with financial goals
Assist in the creation and execution of business plans that align with the company’s strategy, focusing on the successful execution of financial and accounting activities
Attend and actively participate in leadership meetings, contributing financial insights and strategic recommendations
Qualification
Required
Prior experience as a Director of Finance in hotels/hospitality is required
Prior experience working with a luxury hotel property finance team; knowledge of hotel financial statements and reconciliations is required
Experience with budgeting, forecasting, profit and loss reporting, and balancing ledgers for operation and balance sheet accounts
Proven management and leadership abilities
Must be able to sit for prolonged periods of time
This role will require travel; the team member must be able to travel independently via airplanes, cars, car services, and hotels
Proficient in Microsoft Office, including Outlook, Word, Excel, PowerPoint, and Teams
Preferred
Prior experience in private clubs, high-end retail, luxury spas, or residential environments is highly preferred
Experience with Hotel opening and pre-opening budgets
Benefits
Accommodating PTO/PTO exchange
Medical/dental/vision benefits
Maternity/paternity leave
Pet insurance
Company-matched dependent care & 401k
Student loan repayment program
A wide range of additional ancillary benefits
Company
The Adolphus
The Adolphus is a hospitality company offering wedding, spa, and salon services.
Funding
Current Stage
Growth StageCompany data provided by crunchbase