[Hiring] Task Force Director of Finance @Miami Growth - Highgate Hotels

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. Role Description The Director of Finance – Task Force is responsible for providing consistent leadership in the financial area of the hotel by supplying the accounting staff with guidance, leadership, and training until a permanent Director of Finance is hired and trained. This position is remote and requires significant travel across Highgate’s footprint. • Acts as a Hotel’s Director of Finance and is the senior Accounting/Finance person for hotels experiencing a vacancy in the Director of Finance’s position. • Responsible for all aspects of fiscal management, financial controls, accounting, and financial reporting for the assigned property. • Responsible for training the new Directors of Finance. • Approach all encounters with guests and teammates in an attentive, friendly, courteous, and service-oriented manner. • Comply with Highgate Hotels’ standards and regulations to encourage safe and efficient hotel operations. • Maximize efforts towards productivity, identify problem areas, and assist in finding and implementing their solutions. • Direct or prepare all financial reports in accordance with Highgate Hotels’ requirements, meeting various due dates and deadlines, including: • Daily: Income Journal and daily routing packs • Weekly: A/R & A/P Aging, Revenue/Flash Reports, Payroll Reports, Revenue Updates • Monthly: Financial Statements, Forecasts, Cash Flow, Variance Analysis • Annual: Budgets, 5-Year Plans, 5-Year Capital Plans • Effectively manage and communicate cash flow related issues, including the accurate and timely preparation of monthly financial statements. • Monitor hotel revenues and expenses and ensure accurate recording in accordance with Highgate Hotels established guidelines. • Prepare and present Proration Schedules during a hotel transition (if required). • Communicate with owners, asset managers, lenders, investors, and other stakeholders regarding financial performance and build long-term relationships of trust. • Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes. • Understand and maintain all capital expenses at the assigned hotel. • Analyze financial data and operations to assist and advise management in maintaining the hotels’ financial objectives. • Prepare financial analysis as requested, including minor “Returns on Investment” and labor strategies. • Comply with Standard Accounting policies and procedures and internal controls for finance and accounting operations. • Timely review and approval of all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations. • Continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records. • Successful completion of all internal and external financial audits, including coordination with CPA firms. • Manage staff including hiring and supervision, focusing on training and development programs for accounting associates. • Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel. • Interact with Executive Committee members to assure that property operations are on track and under control. • Monitor hotels’ compliance in meeting required report deadlines and due dates. • Conduct and/or attend periodic meetings to maintain favorable working relationships among team members. • Monitor the accurate production of the hotel daily operating report. • Execute other special projects and responsibilities as assigned. Qualifications • A 4-year college degree with an Accounting/Finance concentration and a minimum of 4 years of related progressive experience; or a 2-year college degree and a minimum of 8 years of related progressive experience. • Experience as Director of Finance at a larger hotel with a decentralized accounting structure is required. • This position is remote and requires up to 90% travel. • There will be days where working long hours are required. • Experience in supervising three or more employees required. • Must be able to convey information and ideas clearly. • Must have experience in Oracle and IBM TM1 software. • Must be able to evaluate and select among alternative courses of action quickly and accurately. • Must be effective in handling problems in the workplace, including anticipating, preventing, identifying, and solving problems. • Must have the ability to assimilate complex information, data, etc., from disparate sources. • Must be effective at listening to, understanding, and clarifying the concerns and issues raised by teammates and guests. • Must be able to work with and understand financial information and data, and basic arithmetic functions. Apply tot his job Apply To this Job