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Director of Finance - Hotel

Miami, FL
Director of Finance – Hotel (onsite)

Top-7 hotel management company is recruiting for one of its most acclaimed, beautiful and sought-after properties located in the greater Miami, FL region.  This top-notch, highly ranked hotel is well-located, boasts excellent F&B, and is walkable to many attractions.  The Director of Finance will operate and lead a team of 3-4 accounting staff at the resort, and drive financial excellence internally and externally with management, executives and stakeholders.

Role Scope:
  • 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
  • $125,000 – $135,000 base salary
  • Up to 35% target bonus
  • Excellent benefits, 401k, PTO etc.
  • Relocation available

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