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Corporate Director of Finance and Accounting
Corporate Director of Finance and AccountingLodging Dynamics • Provo, UT, USA
Corporate Director of Finance and Accounting

Corporate Director of Finance and Accounting

Lodging Dynamics • Provo, UT, USA
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JOB SUMMARY

The Corporate Director of Finance and Accounting is highly analytical and supports the VP of Finance with the oversight of the company's financial planning and accounting operations. In this position, you will not only be an accomplished accountant and proactive with company finances, but will also be commercially aware and provide advice on the best path of growth for our business. Responsibilities include oversight of the Accounting team and their career development along with a successful month-end close. Additional responsibilities include establishing targets, developing budgets, and performing financial analysis. Your ultimate goal will be to develop and grow the Accounting team talent and standard operating procedures moving the department to a best-in-class Finance and Accounting division.

ESSENTIAL JOB FUNCTIONS

  • Supports the VP of Finance with financial strategic planning of the company by evaluating its performance and potential risks.
  • Works with Accounting staff to review financial statements for hotel portfolio.
  • Performs regular financial analysis.
  • Develops budgets that meet the requirements of company departments.
  • Establishes targets and manages all Accounting and Finance employees including Management Accountants, Controllers, Clerks and Internal Auditors.
  • Ensures all hotels' compliance with financial standard operating procedures, legal requirements, and contractual obligations through effective internal controls and auditing.
  • Involvement in the supervision of tax audits and assists with coordinating the responses to governmental reporting requests.
  • Management of sales, occupancy, and property taxes.
  • Supervises all audit and internal control processes.
  • Works with transitional teams for the onboarding and offboarding of properties.
  • Prepares detailed reports on the company's financial performance.
  • Guarantees compliance with financial laws and guidelines.
  • Recognizes patterns in company and individual hotel spending, revenue, and recommends solutions to any problem areas.
  • Provides guidance on expense management, productivity, budgeting, forecasting, financial analysis, and capital planning.
  • Assists Staff Accountants and Controllers with Daily & Monthly Tasks as needed.
  • Coordinates with external financial entities on behalf of the company.
  • Prepares accounting and other required reports and projections based on the analysis performed.
  • Evaluates capital expenditures and asset depreciation.
  • Establishes and evaluates records, statements, and profit plans.
  • Identifies financial performance trends and financial risk and makes recommendations.
  • Provides recommendations for improvement based on trends.
  • Coordinates with other members of the Finance team, such as a Risk Analyst when required to review financial information and forecasts.
  • Provides financial models.
  • Makes financial forecasts.
  • Analyzes inventory.
  • Supports VP of Finance with Business Development market review and creation of pro formas.
  • Attendance is a key component of this position.
  • Maintains a professional appearance in accordance with Company standards; wears the appropriate uniform or attire.
  • Maintains open and effective communication with team members and management.
  • Attends and participates in team meetings.
  • Adheres to established safety and emergency procedures and protocols, this includes Company, federal, and state specific regulations and guidelines.
  • Completes all required Company training / compliance courses as assigned.
  • Adheres to Company standards and maintains compliance with all policies and procedures.
  • Performs other related duties and responsibilities as assigned.

EDUCATION

  • Bachelor's degree from an accredited university or equivalent in related field.
  • EXPERIENCE

  • A minimum five (5) years of experience in the financial management field required.
  • A minimum five (5) years of experience in the hospitality industry required.
  • A minimum five (5) years of supervisory experience in the financial management field required.
  • SUPERVISORY RESPONSIBILITIES

    Oversees and coordinates the department's activities, with a focus on supervisory and organizational goals. While a portion of the time may involve performing tasks similar to those of direct reports, the primary responsibilities are related to management and coordination. Analyzes and resolves issues, establishes work methods, ensures regulatory compliance, and maintains productivity. Uses judgment within established procedures and policies to make appropriate decisions and take necessary actions.

    Specific supervisory duties include, but are not limited to the following :

  • Determines and creates policies, procedures, and manuals for direct reports.
  • Establishes objectives and goals for the team.
  • Assigns, monitors, and reviews work; evaluates direct report's performance.
  • Recruits and interviews.
  • Orientates and trains.
  • Issues corrective action and makes recommendations for termination.
  • Investigates and resolves concerns and complaints.
  • Creates department work schedules.
  • Approves time records and time off requests.
  • Proactively assesses risk to establish systems and procedures to protect organizational assets.
  • Ensures compliance with safety regulations.
  • LICENSES & CERTIFICATIONS

  • This position does not require licenses or certifications.
  • SKILLS & ABILITIES

    This position requires the capability to understand and follow both oral and written directions, as well as the ability to communicate effectively with others in English and interact successfully with internal and external customers.

  • Customer service skills.
  • Able to maintain a positive and professional working environment.
  • Fosters a culture of excellence.
  • Attention to detail.
  • Analytical and problem-solving skills.
  • Able to maintain composure and objectivity under pressure.
  • Proficient in time management; the ability to effectively organize and manage multiple priorities.
  • Recognizes an emergency situation and takes appropriate action.
  • Able to lead in a culturally diverse work environment and is a champion for diversity in the organization.
  • Emotional intelligence and interpersonal skills, with the ability to build strong working relationships with team members at all levels.
  • Ability to motivate and inspire a team to provide extraordinary customer service.
  • Excels at team building, leadership, and development.
  • Ability to take initiative and effectively adapt to shifting internal and external conditions.
  • Proficient in Google Docs / Microsoft Word.
  • Proficient in Google Sheets / Microsoft Excel.
  • Proficient in Google Slides / Microsoft PowerPoint.
  • Proficient in M3.
  • Proficient in Delphi FDC.
  • Proficient in ProfitSword.
  • Advanced math skills.
  • Performs well with frequent interruptions and / or distractions.
  • Understands how to develop and implement business strategies.
  • Ability to interpret and create policies, procedures, and manuals.
  • Able to communicate appropriately and effectively with all levels of management and external stakeholders.
  • Business acumen, including financial management, budgeting, cost control, and revenue optimization.
  • Ability to effectively listen, understand, and resolve challenges and concerns from management, team members, and guests.
  • Interpersonal skills to include coaching, counseling, mentoring, and public relations.
  • Able to identify and seize revenue-generating opportunities while effectively managing costs and resources.
  • Visionary mindset, capable of developing and executing a comprehensive business strategy that aligns with brand identity and exceeds guest expectations.
  • Knowledge of key industry trends, regulations, and the current industry landscape.
  • Proven ability to drive revenue growth, optimize costs, and achieve financial targets.
  • Capable of addressing complex issues and making balanced tradeoffs between brand requirements and commercial realities in a practical and diplomatic manner.
  • Able to engage diplomatically and effectively with third party operators and owners, empathizing, and reacting appropriately to partner feedback and helping resolve issues where necessary.
  • Proficient in negotiations.
  • Proficient in public speaking.
  • Ability to adjust effectively to evolving work environments and shifting customer (internal / external) requirements.
  • Able to maintain a positive and professional working environment.
  • Fosters a culture of excellence.
  • Able to work effectively in a culturally diverse environment and support diversity and inclusion within the organization.
  • TRAVEL REQUIREMENTS

  • No travel required.
  • PHYSICAL DEMANDS

  • Talking : Expressing or exchanging ideas by means of the spoken word. Those activities in which they must convey detailed or important spoken instructions to other workers accurately, loudly, or quickly.
  • Hearing : Perceiving the nature of sounds at normal speaking levels with or without correction. Ability to receive detailed information through oral communication, and to make the discriminations in sound.
  • Hands to Fingers : Picking, pinching, typing, or otherwise working, primarily with fingers rather than with the whole hand as in handling.
  • Repetitive Motion : Substantial movements (motions) of the wrists, hands, and / or fingers.
  • Close Vision : Clear vision at 20 inches or less. Required to perform an activity such as preparing and analyzing data, transcribing, viewing a computer terminal, extensive reading or visual inspections.
  • Color Vision : Ability to identify and distinguish colors.
  • Sedentary Work : Exerting up to 10 pounds of force occasionally and / or a minor amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
  • WORK ENVIRONMENT

  • None : No exposure to adverse environmental conditions (typical office / administrative setting).
  • DISCLAIMER

    This job description provides a general overview of the work performed, including the typical responsibilities and level of duties associated with this position. It should not be construed as an exhaustive list of tasks or obligations for any individual team member. This description does not alter the employment relationship between the Company and its team members.

    The Essential Job Functions, Physical Requirements, and Work Environment characteristics outlined are intended to reflect the requirements needed to perform the essential functions of this role effectively. Management retains the authority to modify, adjust, or revoke job duties and responsibilities as needed, and to make reasonable accommodations to enable qualified team members to fulfill the essential functions of their roles.

    The Company is an Equal Employment Opportunity (EEO) employer and is committed to providing a work environment free from discrimination and harassment. All employment decisions are made based on merit, qualifications, and business needs without regard to race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, or any other protected status / characteristic in accordance with applicable federal, state, and local laws.

    Employment is contingent upon successful completion of a background check, conducted in accordance with applicable law. A prior conviction does not automatically disqualify you; factors such as the nature of the offense and job-related requirements will be considered.

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