At Mine Hospitality · 4 hours ago

Hotel Finance Director

United States

Full-time

Remote

Director/Executive

7+ years exp

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Hospitality

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Responsibilities

Manage Accounts Payable and Receivable across entire hotel portfolio, ensuring timely and accurate payments, billing, record-keeping, end-of-month reconciliation and closing of the books

Prepare and analyze financial reports (balance sheets, P&L statements, cash flow statements, etc.) to monitor the financial health of the Company and each hotel and provide recommendations to owners and investors

Coordinate and manage outsourced hotel accounting firm and prepare relevant accounting and financial reports for OpCo and PropCo

Create, develop, and maintain standardized budget for Company and individual hotels and create and report on performance data comparisons (budget vs. actual)

Develop and track Key Performance Indicators (KPIs) to measure financial performance and highlight areas for improvement

Ensure compliance with financial regulations, company policies, and industry standards.

Work closely with the hotel management teams to assist in budgeting, forecasting, and financial planning

Maintain detailed financial records in finance software and Excel and ensure accurate financial data entry

Utilize Excel and various finance and accounting software for in-depth data analysis, financial modeling, and reporting

Collaborate with the management team to ensure financial processes are efficient and support overall business goals

Create and continually audit all internal financial controls including AR/AP, purchasing, invoicing, disbursements, inventories, staffing/payroll, and employee records

Review, process, and document invoices and prepare payments for owners, investors, and third party vendors

Prepare key financial reports and support in remitting payments to government entities and taxing authorities

Establish, maintain, and update finance and accounting protocols, procedures, and SOPs; establish Company-wide finance controls

Liaise and coordinate with ownership groups and investors to ensure accuracy of financial information, records, and reporting

Qualification

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FinanceAccountingQuickBooksExcelMicrosoft Office SuiteFinancial ReportingBudgetingKPI DevelopmentHotel Industry Experience

Required

Bachelor’s degree in Finance, Accounting, or a related field

7+ years of experience in Finance, Accounting, or financial management with managing a mid/large portfolio of hotel properties

Strong proficiency in developing financial controls and using accounting and finance software with deep understanding of QuickBooks, Excel, and Microsoft Office Suite

Strong analytical skills with the ability to develop and interpret financial reports, cash flow statements, P&Ls, balance sheets, operating reports, budgets, and KPIs

Entrepreneurial mindset with the ability to work under strict time constraints

Excellent organizational skills and extremely detailed-oriented

Strong interpersonal and communication skills and the ability to work with stakeholders at various levels of the organization