Park Hyatt · 1 week ago
Director of Finance
New York, NY
Full-time
Onsite
Director/Executive
$170K/yr - $180K/yr
10+ years expPark Hyatt New York seeks a Finance Business Partner who embraces agile principles and thrives in cross-functional collaboration. As the Director of Finance, you will report directly to the General Manager and play a pivotal role in guiding strategic decision-making and financial planning to drive the hotel’s performance and profitability.
Hospitality
Responsibilities
Ensure the effective execution of all Accounting and Finance policies and procedures in compliance with Hyatt standards and local regulations
Oversee day-to-day financial operations, including reporting, administration, and internal controls to safeguard hotel assets
Prepare, review, and interpret monthly financial statements, reports, and balance sheet reconciliations in a timely manner
Analyze monthly results against targets and implement action plans to address variances and maximize profitability
Manage cash flow, tax obligations, and compliance with government regulations
Maintain complete and accurate accounting records
Liaise with auditors, legal consultants, and third-party agents to ensure regulatory and contractual compliance
Support and advise the Executive Committee in budgeting, forecasting, and capital expenditure planning
Ensure departmental operating manuals are prepared, updated annually, and properly implemented
Conduct regular Finance meetings that are efficient, results-oriented, and aligned with business objectives
Complete performance appraisals, provide ongoing feedback, and foster productivity, morale, and discipline within the department
Recommend improvements to accounting and internal control procedures and provide approved statistics to external partners
Adapt to changes within the Accounting and Finance function and perform additional reasonable duties as assigned by the General Manager
Build strong working relationships with ownership representatives and key stakeholders
Oversee the Purchasing and IT functions
Qualification
Required
Minimum 5 years work experience as Director of Finance in a full-service hotel
strong analytical thinker with proven ability to approach complex challenges with innovative solutions
skilled in critical thinking and problem solving with focus on strategic outcomes
Administrative, interpersonal skills and proficiency in USALI, MS office, Oracle BI and EPM are required
Fluency in English, with excellent communication skills are necessary for this position
Demonstrated ability to effectively interact with individuals from diverse socioeconomic, cultural, disability, and ethnic backgrounds
Minimum of 5 years of experience as a Director of Finance in hotel accounting
10 years of progressive experience in Finance
Service-oriented professional with strong presentation skills
Must possess the following strengths: high energy, entrepreneurial spirit, motivational leadership style, effective communicator, and a proven ability to deliver exceptional customer service while inspiring the team
Clear, concise written and verbal communication skills in English
Strong executive presence when presenting to senior leadership
Advanced proficiency in Microsoft Word and Excel
Excellent organizational, interpersonal, and administrative skills
Ability to maintain effective communication with Corporate Staff
Preferred
CA certification would be an advantage
luxury experience is a preferred
knowledgeable of NYC union environments is preferred, but not required
Previous Experience With Shared Services Preferred
Degree in Finance, Accounting, or Business preferred
Prior experience in a luxury and unionized environment preferred
Company
Park Hyatt
Park Hyatt redefines luxury through thoughtful residential design, curated fine art, culinary excellence and intutive service.
10001+ employees
Funding
Current Stage
Late StageCompany data provided by crunchbase