Director of Finance

Description

Position Title: Director of Finance 

Department: Accounting and Finance

Reports to: NH Corporate Controller with accountability to the Area Managing Director for the property

Exempt

Grade: Tier 7

Primary Purpose of Position

The Director of  Finance oversees and directs the Finance department's day-to-day operations  and provides strategic leadership.

Essential Duties and Responsibilities 

• Analyze financial statements and compile financial reports. Establish financial reporting policies and procedures. Determine ways to reduce the hotel's expenses by monitoring its financial reports.
• Prepares and reviews annual budgets, monthly  forecasts, and ensures that all transactions are accurate. Verifies that all  taxes are charged correctly and monitors the compliance of all local taxes. Maintains departmental codes and creates new ones. Contributes to the annual audit by providing necessary information to auditors. 
• Analyze the  internal control systems. Ensures the preparation of internal and external financial statements.
• Oversees Payroll  and Labor controls
• Optimization of  market mix and distribution channels for overall hotel profitability. Monitoring all distribution channels to ensure effective inventory and rate  management. Analyzing hotel-level forecasts to ensure accuracy and proactive  adjustment of strategies to mitigate losses or maximize gains. Increase revenue and market share. 
• Make sure balance sheet accounts are reconciled in a timely manner each month as part of the month-end closing process.

Minimum Education and Qualifications 

• Bachelor’s degree in Accounting/Finance or Hospitality, or a related field, required. A master’s degree is preferred.
• Minimum of 10 years of experience in Accounting/Finance management role, with at least 5 years in a senior management role.
• Knowledge of POS systems
• Proficient in computer applications such as Excel, Word, Outlook, and PowerPoint
• Systems orientation, including PC applications (Excel and Word) and point-of-sale systems for lodging, food and beverage, and retail.
• Leadership and analytical skills proven through experience.
• Provide clear and legible instructions and communication.
• Perform job functions with accuracy, speed, and attention to detail.
• Organize, prioritize, and follow up on tasks.
• Remain calm and use good judgment when resolving problems.
• Follow directions carefully.
• Recognize the needs of guests and provide them with the service they require.
• Cohesively work with co-workers.
• Maintain the confidentiality of guest information and resort information
• Strong written and verbal communication skills
• Professional appearance and presentation required.
• Meet NHHR background screening requirements.

Skills / Physical Demands / Work Environment / Schedule 

• Ability to positively interact with diverse personalities, including co-workers, subordinates, guests, and purveyors in a variety of work situations. Must have active listening and effective communication skills. 
• Ability to develop results-oriented staff through effective training, evaluation, motivation, coaching and counseling. Ability to assist others in developing needed skills for effective job performance. 
• Ability to positively distribute responsibility to others to meet objectives and achieve desired results. 
• Ability to recognize problems and to find solutions creatively and expeditiously. Ability to set priorities and use initiative; solid decision-maker. 
• Ability to be detail-oriented, multi-task and effectively prioritize in a continuously changing environment. 
• Ability to be self-directed while working in a team-oriented environment.

Requirements

 Essential Physical Requirements

• Performing the duties of this position involves extensive and continuous standing and walking. 
• Routine activities require the employee to be able to reach with hands and arms, sit, walk, stoop, kneel, crouch and crawl. 
• The employee is frequently required to lift to 25 pounds. 
• The vision requirements include the ability to adjust focus, peripheral vision, and close vision. 

This job description is intended to convey information essential to understanding the scope of the position and it is not intended to be an exhaustive list of skills, efforts, duties, responsibilities or working conditions associated with the position. Management may assign or reassign duties and responsibilities to this job at any time.