Corporate Director of Finance

<div><p>The Corporate Director of Finance &amp; Accounting is a key member of the leadership team responsible for leading the accounting and financial management functions for a growing hotel ownership, development, and management company. This individual will oversee all corporate and property-level accounting operations, financial reporting, budgeting, internal controls, payroll oversight, and compliance while serving as a strategic business partner to executive leadership and hotel operations.</p><br /><h3>Salary Range:</h3><br /><p>$130k-140k + Bonus + Full benefits + Relocation + 401k</p><br /><p>This position replaces the Company's outsourced accounting function and is responsible for building and maintaining a scalable accounting infrastructure that supports continued portfolio growth. The ideal candidate combines strong technical accounting expertise with hospitality industry knowledge, operational insight, and a continuous improvement mindset.</p><br /><h3>Key Responsibilities</h3><br /><ul><li>Lead all corporate and property-level accounting functions.</li><li>Own the monthly, quarterly, and annual financial close process.</li><li>Prepare and review accurate and timely financial statements for all entities.</li><li>Perform and oversee monthly and year end bank account and balance sheet reconciliations.</li><li>Ensure integrity of the general ledger, chart of accounts, journal entries, fixed assets, prepaid expenses, accruals, and intercompany transactions.</li><li>Coordinate year-end financial reporting and support external accountants during tax preparation and annual reviews.</li></ul><br /><h3>Internal Controls &amp; Accounting Governance</h3><br /><ul><li>Develop, implement, and maintain strong accounting policies, internal controls, and Standard Operating Procedures (SOPs).</li><li>Ensure compliance with GAAP, the Uniform System of Accounts for the Lodging Industry (USALI), company policies, and lender requirements.</li><li>Establish consistent accounting practices across all hotels and corporate entities.</li><li>Monitor financial risk and recommend process improvements to strengthen internal controls.</li></ul><br /><h3>Property Accounting &amp; Operational Oversight</h3><br /><ul><li>Oversee all property-level accounting activities and provide financial guidance to hotel General Managers, transforming GMs into experts about ‘the business of hotels.’</li><li>Conduct periodic property visits to review accounting procedures, cash controls, bank audits, revenue reporting, payroll practices, status of hotel’s AR and compliance with company standards.</li><li>Ensure accurate accounting within hotel Property Management Systems (PMS) and related financial systems.</li><li>Partner with Operations to improve financial performance and operational efficiency.</li></ul><br /><h3>Budgeting, Forecasting &amp; Financial Analysis</h3><br /><ul><li>Lead the annual operating and capital budgeting process, which begins in August.</li><li>Prepare monthly financial forecasts and cash flow projections.</li><li>Analyze operating results, labor productivity, departmental expenses, and key hotel performance metrics.</li><li>Provide variance analysis comparing actual results to budget, forecast, prior year, and prior month.</li><li>Develop recommendations to improve profitability, cash flow, and return on investment.</li></ul><br /><h3>Payroll, Cash Management &amp; Compliance</h3><br /><ul><li>Oversee payroll processing and related accounting activities.</li><li>Monitor company cash flow, banking relationships, and working capital.</li><li>Oversee sales, use, occupancy, and other required tax filings.</li><li>Coordinate lender reporting, annual audits, insurance audits, and regulatory compliance requirements.</li></ul><br /><h3>Systems, Technology &amp; Process Improvement</h3><br /><ul><li>Oversee financial systems including accounting software, payroll systems, banking platforms, and hotel Property Management Systems.</li><li>Ensure proper integration between operational and financial systems.</li><li>Identify opportunities to automate processes, improve reporting, and increase efficiency.</li><li>Support implementation of financial technology and standardized reporting across the portfolio.</li></ul><br /><h3>Development, Capital Projects &amp; Growth</h3><br /><ul><li>Support accounting and financial reporting for new hotel developments, acquisitions, renovations, and capital projects.</li><li>Assist with due diligence for acquisitions and dispositions.</li><li>Develop accounting processes and reporting for newly opened or acquired hotels.</li><li>Maintain capital expenditure reporting and fixed asset records.</li></ul><br /><h3>Leadership. Team and Company Development</h3><br /><ul><li>Supervise and mentor accounting personnel, including the Accounting Specialist.</li><li>Establish performance expectations and foster professional development.</li><li>Partner with property leadership to strengthen financial knowledge and accountability. Our objective here is to have each hotel become a highly functioning team.</li><li>Promote a culture of accuracy, integrity, collaboration, and continuous improvement throughout the organization.</li></ul><br /><h3>Qualifications</h3><br /><h3>Education</h3><br /><ul><li>Bachelor's degree in Accounting, Finance, or related field required.</li><li>CPA designation preferred. We would be willing to support a candidate to become a CPA.</li></ul><br /><h3>Experience</h3><br /><ul><li>Minimum of 7–10 years of progressive accounting or finance leadership experience.</li><li>Multi-property hospitality accounting experience strongly preferred.</li><li>Experience with hotel ownership, management companies, or select-service hotel portfolios preferred.</li><li>Experience with budgeting, forecasting, payroll oversight, internal controls, and multi-entity accounting.</li><li>Experience supporting hotel development, acquisitions, or capital projects is a plus.</li></ul><br /><h3>Knowledge &amp; Skills</h3><br /><ul><li>Thorough knowledge of GAAP and USALI.</li><li>Strong understanding of hotel financial operations and property accounting.</li><li>Advanced Microsoft Excel and financial reporting skills.</li><li>Experience with hotel accounting systems, Property Management Systems (PMS), and payroll platforms.</li><li>Excellent analytical, organizational, and problem-solving abilities.</li><li>Strong written and verbal communication skills with the ability to present financial information to executive leadership.</li><li>Strategic Thinking</li><li>Operational Partnership</li><li>Process Improvement</li><li>Accountability</li><li>Integrity</li><li>Leadership &amp; Team Development</li><li>Business Acumen</li><li>Change Management</li></ul><br /><h3>Success Measures</h3><br /><ul><li>Timely and accurate monthly financial reporting.</li><li>Accurate bank and balance sheet reconciliations.</li><li>Strong internal controls and documented accounting procedures.</li><li>Budget and forecast accuracy.</li><li>Effective cash flow management.</li><li>Payroll and tax compliance.</li><li>Successful support of hotel operations and executive leadership.</li><li>Continuous improvement of accounting systems and processes.</li><li>Development of a scalable accounting platform that supports the Company's continued growth.</li></ul></div><br />#J-18808-Ljbffr