StepStone Hospitality · 23 hours ago
Director of Finance
Brooklyn, NY
Full-time
Onsite
Lead/Staff, Director/Executive
$120K/yr - $130K/yr
5+ years expStepStone Hospitality is seeking a Director of Finance who will be a key member of the hotel’s executive leadership team. This role is responsible for overseeing all financial operations of Hotel Indigo Williamsburg, ensuring financial integrity, compliance, and providing strategic guidance for operational excellence and profitability.
Hospitality
Responsibilities
Serve as the primary financial advisor to the General Manager and ownership
Develop and execute annual operating and capital budgets
Prepare accurate monthly forecasts and long-range financial plans
Analyze financial performance and recommend strategies to improve profitability
Lead cash flow management and working capital optimization
Oversee all accounting functions including general ledger, accounts payable/receivable, payroll, and fixed assets
Ensure timely and accurate month-end and year-end close
Prepare financial statements in accordance with US GAAP and IHG brand standards
Maintain strong internal controls and compliance with all policies and procedures
Coordinate external audits, tax filings, and lender reporting
Partner with department heads to manage labor, expenses, and revenue optimization
Review daily revenue reports, P&L statements, and variance analyses
Support revenue management and pricing strategies through financial insights
Monitor purchasing, inventory controls, and contract compliance
Ensure compliance with federal, state, and local regulations, including New York labor laws
Oversee insurance programs, risk management, and loss prevention controls
Ensure adherence to IHG financial standards and brand audits
Lead, mentor, and develop the finance and accounting team
Foster a culture of accountability, accuracy, and continuous improvement
Collaborate cross-functionally with hotel leadership and corporate partners
Qualification
Required
Bachelor's degree in Finance, Accounting, or related field
Minimum 5–7 years of progressive financial leadership experience in hospitality
Proven experience managing budgets, forecasts, and complex financial reports
Strong analytical, organizational, and leadership skills
Excellent communication skills with the ability to present financial data to non-financial leaders
Ability to work on-site in Williamsburg, Brooklyn
Flexibility to work extended hours during month-end, budgeting, and audit periods
Preferred
CPA or MBA
Prior experience as Director of Finance or Assistant Director of Finance in a hotel environment
Experience with IHG systems and standards
Strong knowledge of hotel accounting systems (e.g., PeopleSoft, Oracle, SAP, or similar)
Experience working in a union and/or NYC hospitality environment
Benefits
Comprehensive benefits package
Competitive salary and bonus potential
Company
StepStone Hospitality
StepStone Hospitality specializes in management for full service hotel and restaurant operations.
Founded in 2009Providence, Rhode Island, USA
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Blair Wills
President/CEO
Thomas Russo
Chief Executive Officer and Managing Partner
Company data provided by crunchbase