Amrit Ocean Resort & Residences · 4 days ago
Vice President Finance - CALA Region
Amrit Ocean Resort & Residences, operated by Highgate, is a leading real estate investment and hospitality management company. The Vice President of Finance will provide strategic and operational financial leadership across the Caribbean and Latin America portfolio, overseeing finance teams and ensuring compliance with financial policies while driving profitability and safeguarding assets.
HospitalityReal EstateVacation Rental
Responsibilities
Must be able to prioritize regional, hotel, or departmental functions to meet all deadlines
Provide assistance and financial leadership to Directors of Financial Services and management of other locations as directed
Effectively supervise the implementation and preparation of cash flow statements and projections across the portfolio of hotels and monitor the cash positions of those hotels. This includes training on the preparation of cash flow statements
Work with ownership groups on cash requirements, ROI initiatives, reporting requirements and other ownership needs and concerns
Monitor regional hotels’ revenues and expenses to ensure the accurate recording of information in accordance with Hotel’s guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management
Monitor the capital planning process by assisting management with calculating return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating the scope of work and specifications
Ensure hotels’ compliance with all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Assist in management in enforcing compliance on all these matters
Analyze financial data and operations to assist and advise management in maintaining the hotels’ financial objectives
Monitor compliance of internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records, by both partnering with Internal Audit, as well as reviews of Financial Statements and ensuring the completion and monitoring of Self-Audits by the property teams
Embrace a continuous growth environment by actively assisting in recruiting, reviewing, recommending, and maintaining an inventory of Directors of Finance, Assistant Directors of Finance, Accounting Managers, and other managers for the organization
Continually focus on training and development programs for accounting associates to cultivate the “brightest” and “best” talent within the industry
Hire, train, supervise and develop staff, including coaching, counseling, and discipline
Review, rate, and evaluate the Director of Finance performance in accordance with guidelines provided by Human Resources. Provide regular feedback on performance to Directors of Finance
Assist in the revision, recognition, development, and implementation of Accounting Standard Operating Procedures on a regular basis
Direct or prepare financial reports in accordance with Hotel’s requirements to ensure meeting various deadlines and due dates, i.e
Review Annual: Budgets 5-Year Plans 5-Year Capital Plans
Conduct and/or attend and contribute to periodic meetings to maintain favorable working relationships among employees and promote maximum morale, productivity, and efficiency
Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly
Participate in company sponsored recruiting efforts as needed
Qualification
Required
A minimum of 10 years of progressive experience in hotel Accounting or related field; or a 4-year college degree with an Accounting/Finance concentration and a minimum of 5 years of related progressive experience; or a 2-year college degree and a minimum of 8 years of related progressive experience
Experience in Hotel or Restaurant financial background is required for this role
Proven leadership abilities with experience leading teams and departments
Technical knowledge of key financial systems and software is required
Must be able to effectively communicate both verbally and written, with all levels of employees and guests in an attentive, friendly, courteous, and service-oriented manner
Must be able to multitask and prioritize departmental functions to meet deadlines
Maintain regular attendance in compliance with Hotel Standards, as required by scheduling, which will vary according to the needs of the hotel
Comply with Hotel Standards and regulations to encourage safe and efficient hotel operations
Maximize efforts towards productivity, identify problem areas and assist in implementing solutions
Must be effective in handling problems, including anticipating, preventing, identifying and solving problems as necessary
Must be able to understand and evaluate complex information, data, etc. from various sources to meet appropriate objectives
Must be able to maintain confidentiality of information
Perform other duties as requested by management
Must be proficient in Windows, company-approved spreadsheets and word processing, and in the operation of all hotel-specific systems
Advanced excel capabilities – pivot tables, formulas, formatting, conditional formatting, etc
Leadership experience and abilities
Ability to travel up to 2 weeks per month
Preferred
Bilingual (English/Spanish or Portuguese) preferred
Multi hotel experience is preferred for this role
Company
Amrit Ocean Resort & Residences
Amrit Ocean Resort is an oceanfront resort that offers accommodations, rooms, suites, and condominiums.
Funding
Current Stage
Growth StageRecent News
Canada NewsWire
2024-11-21
Company data provided by crunchbase