Top-7 hotel management company is recruiting for one of its most acclaimed, beautiful and historic properties located in the greater Los Angeles, CA region (East). This top-notch, independent luxury resort ranks among the top-5 historic resorts in the US, and #1 in CA. The Director of Finance will operate and lead a team of 4-5 accounting staff at the resort, which boasts 238 rooms and 10+ F&B outlets.
Effectively manage and communicate cash flow related issues, as required to management and ownership.
Accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms and timely deposits of all funds.
Monitor hotel revenues and expenses and ensure the accurate recording in accordance with established guidelines.
Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.
Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support and monitoring the bid process, and evaluating scope of work and specifications.
Ensure Hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
Support management with enforcing compliance on all accounting and finance items.
Coordinate the completion of all forecasts and budgets as required, with the full and active participation of EC Team and department managers.
Analyze financial data and operations in order to assist and advise management in maintaining the Hotels’ financial objectives.
Ensure that all balance sheet accounts, including bank reconciliations are reconciled on a timely basis.
Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
Direct and/or prepare all financial reports in accordance with requirements meeting various due dates and deadlines.
10+ years of experience in hotel accounting
Resort niche experience preferred
BS Degree is preferred but not absolutely required (in lieu of experience)
Strong PMS/property systems preferred
MS Excel skills
Some management training is required
CPA is preferred but not required
Sense of ownership, an operational knack for success and an eye for numbers
Sound, sensible management/leadership skills and attitude
Should hold a sense of accountability to owners, asset management and operator