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Limelight Hotels · 2 days ago

Director of Finance - Limelight Mammoth

Mammoth Lakes, CA

Full-time

Onsite

Director/Executive

$120K/yr - $150K/yr

7+ years exp

Limelight Hotels by Aspen One provides authentic and contemporary connections to their communities. The Director of Finance is responsible for the strategic and procedural financial operations for multiple properties, supervising financial and accounting activities, and ensuring the integrity of financial reporting.

Hospitality

Responsibilities

Create and execute business plans that are aligned with the properties and brand’s business strategies

Plan, organize, direct and control the financial operations while ensuring the security of hotel assets, maximizing the return on investment, providing timely and accurate reporting and analysis of results and integrity of the management information systems

As a member of the hotel’s Executive Committee, the Director of Finance is a highly visible role with exposure to Senior Corporate leaders and Asset Managers of owning entities

Lead in the completion, review and presentation of monthly forecasts, annual operating and capital budgets and business plans prepared by hotel management team to provide stakeholders with reasonable and achievable guidelines of performance aligned with the Company’s and brand’s strategic direction

Prepare accurate, timely and complete monthly financial statements with detailed workpapers and schedules in accordance with the company’s policies and procedures, applicable hotel management agreements, and Generally Accepted Accounting Principles (GAAP)

Responsible for risk management to preserve hotel property and reduce potential liability claims

Manage and control receivables, payables, credit, payroll, cash handling, and treasury functions with the hotel’s accounting department staff

Distribute outlook and forecast information as an up-to-date management tool for operating departments, review and analyze variance versus actual results to measure and improve accuracy

Maintain insurance coverage for protection against property losses and potential liabilities and ensure that all licenses, permits, contracts and legal agreements are up to date

Use financial and operational performance analysis, including benchmarking, to maximize hotel’s revenue, GOP flow-through and bottom-line financial return

Comply with record retention as required for internal and external audits, coordinate audit visits, respond to auditor requests, government regulations, federal, state and local laws and contractual agreements, including CBA’s

Monitor purchasing/ordering/delivery compliance, analyze reports from company-mandated buying programs, and approve all purchases, and expenses

Other duties as assigned

Qualification

Hotel accountingBudgetingForecastingFinancial analysisMicrosoft ExcelProperty management softwareInterpersonal skillsCommunication skillsLeadership skills

Required

Bachelor's degree in Finance or related field

Minimum of 7 years as a Director of Finance in a hotel

Knowledge with hotel property management software, point of sale systems, electronic time clock systems, spreadsheet software and other hotel applications

Knowledge of budgeting, forecasting, and capital project accounting

Proficient knowledge in Microsoft Word, Excel and PowerPoint

Proficient knowledge of all aspects of hotel accounting Ability to analyze and improve processes to enhance efficiency and effectiveness

Ability to cross collaborate with cross-functional teams, including finance, operations, and sales, to ensure integrated project execution

Ability to lead by utilizing interpersonal and communication skills to influence and encourage others, advocate for sound financial decisions, and lead by example

Strong interpersonal skills and possession of a full understanding of professional business ethics with team and guests

Excellent oral (presentation) and written communication and organization skills

Ability to effectively analyze and use operational, financial, and marketing data to maintain and improve market share/penetration goals

Ability to work well under deadline pressure and to quickly adapt to a constantly changing market

Ability develop and implement local accounting and financial control procedures and systems to ensure key controls, safeguard assets, improve operations and profitability

Ability to provide leadership by clearly communicating financial concepts when rolling out initiatives and projects, measures and reports on actual versus anticipated results

Ability to develop, implement and monitor hotel-specific accounts receivable credit and collection practices in compliance with company-level policies and procedures

Ability to follow company policies and local standard operating procedures