Home
/
Comprehensive
/
Director Of Finance
Director Of Finance-January 2024
New York
Jan 10, 2026
About Director Of Finance

  Overview

  Supervises and directs the financial activities of the hotel, safeguards the assets, and prepares all financial reports in accordance with generally accepted accounting principles and HEI Hotels and Resorts Standards.

  Responsibilities

  Executive Committee Responsibilities

  Ability to perform special financial analysis as needed and /or requested by General Manager and Corporate Office.

  Practical solutions from a cost vs. benefits viewpoint. Provide accurate policy interpretations.

  Actively participate in Executive Committee and staff meetings.

  Assist other managers in analyzing statements, distributions, and other financial data.

  Support and comply with property standards and Corporate SOP's.

  Financial and Accounting Practices, Procedures, and Policies

  Skill in correcting deficiencies identified on Internal Audit report.

  Effective use of the Controller's Checklist.

  Maintain effective cash control system with audits and reports for each period.

  Review security over assets and auditing inventories.

  Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions.

  Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor.

  Budget Preparation

  Schedule and coordinate the preparation and presentation of the annual operating budget.

  Coordinate all aspects of the capital expenditures budget according to SOP.

  Capital Expenditure Control

  Control the Capital Expenditure program and complete ROI Analysis. Financial Objectives

  Complete entries required for preparation of the financial statements. Review statements for inaccurate data and make corrections within the following period.

  Inform the General Manager and HEI Corporate management of current and potential financial problems.

  Keep management informed of sales and profit attainment throughout the period.

  Coordinate the property's labor management system.

  Accounts Receivable

  Maintain appropriate standards for 60-90 day accounts. Conform to standards regarding the average collection period.

  Documenting the local credit policy and auditing property compliances.

  Approve all major accounts for credit as defined by local policy.

  Conduct credit and write-off meetings as requested.

  Submit accurate and timely critiques and credit loss reports as required.

  Review all major banquet functions and group accounts for proper credit extensions prior to arrival.

  Maintain standard regarding level of bad debt expenses as related to credit sales.

  Aggressively fulfill the accounts receivable management responsibilities to maximize receivable realizations.

  Responses to Corporate Staff

  Complete financial required reports and requests from HEI Corporate offices. Establish other reports or documents, outside of SOP's as needed. Balances in Asset and Liability Accounts

  Reconcile account balances on a current basis.

  Establish balances in accruals, pre-paid, and other accounts using proper accrual methods and expense realization logic.

  Calculate various turn ratios and days available for major asset categories and compare to standards (linen, gift shop, food, beverages, guest supplies, and uniforms).

  Work with Department Managers to control inventory balances according to established realistic pars.

  Comply with company procedures on deferring payments.

  Management of Department

  Maintain and update job descriptions and standards for department.

  Ability to comply with corporate and local policies for wages paid (increases and timing).

  Establish an effective cross training program within the department.

  Identify, screen and attract management candidates from outside the company.

  Comply with attendance rules and be available to work on a regular basis.

  Perform any other job duties as assigned.

  Salary Range: 175-195k

  Qualifications

  B.S. in Accounting or Hotel Management

  3+ years experience in Hotel or Hospitality related Finance and Accounting.

  Analytical approach to problems, regard for detail and accuracy

  Assertive personality, professional demeanor

  Effective verbal and written communication skills. Ability to adapt communication style to suit different audiences, such as effectively communicating with supervisors, coworkers, public etc.

  Benefits

  HEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you!For your physical and mental wellness we offer competitive Medical and Dental programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs ​through EyeMed. ​Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status.

  Work today, get paid today! We proudly partner with DailyPay, a voluntary benefit that allows our associates access to their earnings when they want them.

  HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

  Job LocationsUS-NY-New York

  Posted Date2 weeks ago(1/17/2024 2:54 PM)

  Requisition ID2024-45392

  CategoryAccounting/Finance

  Position TypeRegular Full-Time

  FLSA StatusExempt

  Location NameRenaissance Times Square

  MinUSD $175,000.00/Yr.

  MaxUSD $195,000.00/Yr.

Comments
Welcome to zdrecruit comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
SIMILAR JOBS
MFG & PROCESS DVL ENGINEER II
MFG & PROCESS DVL ENGINEER II At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. Job Overv
Fiber Optic-Field Technician-San Angelo
Job Title:Field TechnicianReports to: Technical Operations ManagerFLSA Status: Non-exempt Who are we? At Vexus Fiber, we dont just bury lines, we plant roots which is why we want you to Discover More
QC Technician (Food)- 2nd shift
QC Technician (Food)- 2nd shift Quality Control Rialto, CA, CA, US Pay Rate Low: 18 | Pay Rate High: 21 Added - 16/01/2024Apply for Job Our partner in the Food & Beverage industry, is seeking a Q
Service Tech (yard)
Service Tech (yard) Date: Jan 17, 2024 Location: St Rose, LA, US, 70087 Company: WillScot | Mobile Mini Req ID: 50937 At WillScot Mobile Mini (NASDAQ WSC (https://www.nasdaq.com/market-activity/stock
Back Parts Counter Representative
Audi of Tysons Corner, a Penske Automotive Group dealership, is looking for an experienced Back Parts Counter Representative to join our team and help deliver extraordinary customer experiences. JOIN
Spacecraft Technician Sr, Mechanical
ASRC Federal System Solutions (AFSS) brings a 14-year history of delivering high-performance space systems engineering, integration and satellite operations services to civil and defense agencies. AS
Habilitation Technician - RELIEF
Habilitation Technician - RELIEF Great Falls, MT • Adult Services Description HABILITATION TECHNICIANADULT RESIDENTIAL SERVICESWAGE: $15.00 - $16.56 per hour HELPING PEOPLE LIVE INDEPENDENT LIVES Are
Home Health Specialist
Our Company Heartland Home Health is a member of the Gentiva family - an industry leader in hospice, palliative, home health, and personal home care. Our place is by the side of those who need us, of
High Voltage Battery Array Systems
We are the movers of the world and the makers of the future. We get up every day, roll up our sleeves and build a better world -- together. At Ford, we’re all a part of something bigger than ourselve
Delivery Driver I
SWDS Driver are responsible for delivering products to customers from Sherwin-Williams stores using Company vans or pick-up trucks. Drivers ensure deliveries are complete, packed correctly, and safel
Copyright 2023-2026 - www.zdrecruit.com All Rights Reserved