CoralTree Hospitality · 1 day ago
Complex Director of Finance
CoralTree Hospitality is seeking a Complex Director of Finance to join their team supporting two hotels in their portfolio. This role involves managing all accounting functions, preparing financial reports, and providing financial support and analysis to leadership across the resort.
CateringEventsHospitalityHotelRestaurants
Responsibilities
Direct and assume responsibility for the property's accounting practices. Maintain accurate financial records, and prepare timely financial reports using standard reporting and comprehensive metrics to drive continuous improvement
Assist in nurturing relationships with property owners, supervise and coordinate required reporting, provide timely monthly reports, and participate in relevant meetings
Complete the year-end audit process, review and approve all reconciliations and audit work papers, coordinate with external auditors, and approve final audit adjustments
Review historical and projected cash flows, take actions to manage cash flow appropriately, and communicate necessary information to the RVP of Operations, Regional VP of Finance, and others
Prepare and review monthly and annual financial statements, balance sheet reconciliations, analyze variances, involve department managers, and ensure well-written narratives explaining variances
Interpret operating results to affect the Resort's financial aspects, making recommendations for cost reductions, profit improvement, and overall benefit
Organize and drive the monthly forecast and annual budgeting processes, monitor and assist in preparing property, capital, development budgets, and business plans, ensuring accuracy and timely completion
Check appropriation requests against approved budgets before committing funds, ensuring budgeted expenditures do not exceed authorized levels
Coordinate the integration of development financial activity into operating activity, resulting in concise and timely property reporting
Qualification
Required
Bachelor's Degree in Accounting
Hospitality finance background (experience with complex properties including food & beverage a plus!)
Multiple property accounting experience
Confidence and comfortability presenting to ownership
Ability to travel up to 50%
Benefits
Group medical, dental, vision, life, and disability benefits.
Participation in a pre-tax flexible benefit plan for healthcare and dependent care reimbursement
An employee assistance program.
Paid time off/sick time
Participation in a 401(k) plan with a company match.
Team Member Free Room Night Program.
Company
CoralTree Hospitality
CoralTree Hospitality is a hospitality management company that offers hotel and property management services.
Funding
Current Stage
Late StageRecent News
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