Director of Finance

Company: DoubleTree Resort by Hilton Myrtle Beach Oceanfron
Location: Myrtle Beach
Posted on: April 26, 2024

Job Description:

OverviewWe are seeking a highly qualified Director of Finance to join our dynamic team. As the Director of Finance, you will play a pivotal role in overseeing and managing all financial aspects of our hotel operations.This Executive Level position will oversee all aspects of the Finance/Accounting Department in a centralized environment. The Director of Finance will report to the General Manager and VP of Finance. Will act as a mentor and be very involved with the day-to-day operations of the hotel and the department.Responsibilities:

• Effectively manage and communicate cash flow related issues, as required to management and ownership.
• Coordinate the completion of all forecasts and budgets as required, with the full and active participation of Executive Team and department managers.
• Analyze financial data and operations in order to assist and advise management in maintaining the hotels' financial objectives.
• Ensure that all balance sheet accounts are reconciled on a timely basis.
• Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.
• Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
• Direct and/or prepare all financial reports in accordance with the company's requirements meeting various due dates and deadlines.
• Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.
• Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.
• Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.
• Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.Responsibilities
• Bachelor's degree in Finance or Accounting preferred.
• 3-5 years of critical Hotel accounting experience, with a progressive resume showcasing advancement to Director of Finance level.
• Proficiency in Profit Sage or similar business finance intelligence software preferred.
• Proficient in Office 365 applications; knowledge of Excel, Word, and PowerPoint is a must.
• Previous experience in a beach or resort setting is a plus, demonstrating an understanding of the unique challenges and opportunities in hospitality finance. The position offers a comprehensive benefits package, including:
  • Medical, dental, and vision insurance to support your health and well-being.
  • Life insurance coverage to provide financial security for you and your loved ones.
  • Matching 401(k) retirement savings plan to help you plan for the future.
  • A 20% target performance incentive to reward your contributions and achievements.
  • Discounted room rates.Join our team at DoubleTree Myrtle Beach Oceanfront Resort and take advantage of these fantastic benefits while contributing to our success in providing exceptional guest experiences. PIa6c1720e7890-31181-34326244

Keywords: DoubleTree Resort by Hilton Myrtle Beach Oceanfron, Wilmington , Director of Finance, Executive , Myrtle Beach, North Carolina