Hyatt Regency · 15 hours ago
Director of Finance
Hyatt Regency Newport Beach is seeking a Finance Business Partner who is committed to cross-functional collaboration and strategic financial planning. This role oversees all financial operations of the hotel, ensuring accuracy and adherence to financial regulations while guiding strategic decision-making to drive profitability.
Hospitality
Responsibilities
Prepare and review all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department managers in this process. Identify areas for improvement and execute necessary corrective measures as required
Manage and lead hotel on and off-site accounting functions to ensure proper fiscal management, timely and accurate reporting, and analysis. This responsibility also includes hotel financial and capital planning, budgeting, month-end financial close, accounting, and cash management
Leads the development and implementation of a comprehensive annual business plan aligned with business objectives
Complete the year-end process. Review and approve all reconciliations and audit work papers. Coordinate the external auditors’ visits, respond to auditor requests, approve all adjustments, reconcile the audited report to the hotels information and approve the audit
Ensures adherence to HMA terms and fulfills reporting obligations
Maintain adherence to policies and procedures to ensure sound internal controls and segregation of duties
Manage SOX Compliance
Monitor and keep abreast of industry trends, local legislative changes and organizational behavior to inform sound business decisions
Mentor and coach, the finance team providing direction, training, and performance feedback to nurture their professional advancement and growth
Support the development of future leaders in ALL areas of the hotel
Empower employees with financial insights
Supervise the Information Technology and Procurement function. Additionally have a sound understanding of the hotel operational and back-office
Cultivates and supports environment receptive to change
Collaborate with management to devise and implement strategic initiatives aimed at cost efficiency and revenue generation enhancements to achieve business objectives without compromising core business values and relationships
Nurture relationship with owners’ representative and key stakeholders ensuring timely communication and submission of deliverables
Embody a growth mindset and embrace change to drive value to stakeholders
Qualification
Required
6 years or more of finance career progression; preferred experience in hospitality, retail, or related industry
Demonstrated ability to effectively interact with people of cultural, disability, and ethnic backgrounds
Clear and concise written and verbal communication skills in English
Proficiency in Microsoft Office products
Preferred
Degree in Accounting, Finance, Hospitality, Business or related field preferred
Company
Hyatt Regency
Hyatt Regency created a place designed around the power of meaningful connections.
Funding
Current Stage
Late StageTotal Funding
unknown2006-02-13Acquired
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