Director of Finance

Overview

We are seeking a highly qualified Director of Finance to join our dynamic team. As the Director of Finance, you will play a pivotal role in overseeing and managing all financial aspects of our hotel operations.

This Executive Level position will oversee all aspects of the Finance/Accounting Department in a centralized environment. The Director of Finance will report to the General Manager and VP of Finance. Will act as a mentor and be very involved with the day-to-day operations of the hotel and the department.

Responsibilities:

• Effectively manage and communicate cash flow related issues, as required to management and ownership.
• Coordinate the completion of all forecasts and budgets as required, with the full and active participation of Executive 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 are reconciled on a timely basis.
• Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.
• Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
• Direct and/or prepare all financial reports in accordance with the company’s requirements meeting various due dates and deadlines.
• Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.
• Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.
• Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.
• Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.

Responsibilities

Bachelor's degree in Finance or Accounting preferred.

3-5 years of critical Hotel accounting experience, with a progressive resume showcasing advancement to Director of Finance level.

Proficiency in Profit Sage or similar business finance intelligence software preferred.

Proficient in Office 365 applications; knowledge of Excel, Word, and PowerPoint is a must.

Previous experience in a beach or resort setting is a plus, demonstrating an understanding of the unique challenges and opportunities in hospitality finance.

The position offers a comprehensive benefits package, including:

• Medical, dental, and vision insurance to support your health and well-being.
• Life insurance coverage to provide financial security for you and your loved ones.
• Matching 401(k) retirement savings plan to help you plan for the future.
• A 20% target performance incentive to reward your contributions and achievements.
• Discounted room rates.

Join our team at DoubleTree Myrtle Beach Oceanfront Resort and take advantage of these fantastic benefits while contributing to our success in providing exceptional guest experiences.

PI93222a2b8b88-30210-34326244

Location: Myrtle Beach, South Carolina, US

Posted Date: 4/26/2024