Area Director Of Finance
Orlando , FL 32855
Posted 4 months ago
Area Director of Finance
Multiple Hotel Properties
Boutique and Full Service
We are seeking an Area Director of Finance for a cluster of properties in Orlando, FL.
The Area Director of Finance Duties and Responsibilities:
The Area Director of Finance leads and facilitate the achievement of property annual goals and targets to ensure profitability and revenue growth. Actively participate in cross-functional teams to drive overall business performance, e.G. Revenue management and sales and marketing tools
Manage working capital, cash flow, capital and overall expenses to obtain the highest value. Identify risk exposure and effectively manage financial risk to create and preserve value, ensuring effective systems of controls are in place.
Function as a strategic business partner to the GM and the Executive Committee. Leverage strong financial expertise and business acumen to influence the strategic direction of the operation, identify opportunities for growth, optimize the allocation of financial resources, and drive business results.
The Area Director of Finance effectively leads the execution of finance and accounting responsibilities for the properties including the preparation of the annual business plan and operating budget, forecasting, internal controls, financial analysis, cash management, balance sheet reconciliation, financial reporting, P&L accuracy, capital expenditure budget, etc.
Help enhance the team s business skills. Educate department heads on sales and profit maximization and cost control; provide ongoing analytical decision support & tools to ensure revenue goals are met and opportunities are identified and addressed.
The Area Director of Finance puts in place appropriate controls to manage the business and financial risks. Ensure a strong accounting & operational control environment to safeguard assets, improve operations and profitability. Ensure compliance with the standard and local operating procedures and local regulations.
The Area Director of Finance oversees internal, external, and regulatory audit processes and ensure compliance with SOPs; make sure appropriate corrections are made
Reconcile balance sheet and ensure account balances are supported by appropriate supporting documentation in accordance with SOPs.
Ensure all issues on the balance sheet are disclosed and compliance with certification is timely.
The Area Director of Finance ensures that the P&L is accurate and statements are delivered to appropriate individuals in a timely manner.
Effectively manage property working capital and cash flow; identify key projects and manage associated capital expenditure funds for product improvement and increased revenue potential
The Area Director of Finance analyzes financial data and market trends and produce accurate forecasts that enable operations to react to changes in the business; facilitate critique meetings to review information with the management team. Provide regional and corporate recipients with forecast information in a timely manner
The Area Director of Finance ensures tax rates used for sales/use tax are current and proper amounts are collected and/or accrued. Oversee the payment of real estate/ property taxes, payroll, and other applicable local taxes, and if applicable hold in funded escrow accounts. Ensure tax-exempt transactions are appropriate and properly documented
Serve as a liaison between home office, property, and insurance carrier when claims are filed
The Area Director of Finance Benefits and Salary
Strong Competitive Base Salary
Room for growth
The Area Director of Finance Education or Certification:
Bachelor s Degree in Accounting, Finance, Business Administration or related field required
The Area Director of Finance must have at least 4-5 years of related Director of Finance experience
In-depth lodging/hospitality industry knowledge
The Area Director of Finance must have strong F&B knowledge
Excellent finance, accounting, and analytical skills, including experience with cash management, forecasting, revenue management strategies, budgeting, and project management
The Area Director of Finance must have experience evaluating business trends and develop and successfully implementing new business programs and strategies that enhance financial performance
Experience in owner relations
The Area Director of Finance must have experience with complex operating and financial agreements; demonstrated success in evaluating risks and developing proactive strategies and plans to mitigate business issues
Experience managing people
CPA is a must
Apply Now for the Area Director of Finance opportunity in Orlando, FL or email your resume directly to