The Marriott Suites Deerfield is seeking an experienced Director of Finance. We offer a robust compensation and benefits package and celebrate the career growth and accomplishments of our team. At Crescent Hotels & Resor…
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$90k–$105k/yr
Full-time
bachelor degree
Health and wellness programs, 401k matching program, Travel discounts, Learning and development
Posted 4d ago
~40 hrs/week
Responsibilities
The Director of Finance provides ethical leadership and financial guidance to ensure the profitability and operational efficiency of the hotel. They are responsible for accurate financial reporting, internal controls, regulatory compliance, and the development of the finance team.
Requirements
Candidates must have a minimum of five years of experience as a Hotel Director of Finance and a bachelor's degree in accounting or finance. Proficiency in financial management software and strong communication skills are essential for this role.
Full job description
The Marriott Suites Deerfield is seeking an experienced Director of Finance. We offer a robust compensation and benefits package and celebrate the career growth and accomplishments of our team.
At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do!
We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright.
An exceptional benefit plan for eligible associates & your family members
401K matching program for eligible associates
Discounts with our Crescent managed properties in North America for you & your family members
The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, support and is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets.
What will you be doing?
Evaluate the financial impact on business decisions.
Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
Effectively manage and communicate cash flow related issues, as required to management and ownership. This includes the accurate and timely preparation of cash-flow statements, management of receivables, cash balances, control mechanisms and timely deposits of all funds.
Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Crescent Hotels and Resorts established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.
Monitor the capital planning process by assisting management with calculation of return on capital improvements, gathering support and monitoring the bid process, and evaluating scope of work and specifications.
Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.
Coordinate the completion of all forecasts and budgets as required, with the full and active participation of management team.
Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
Ensure that all balance sheet accounts, including bank reconciliations are reconciled on a timely basis.
Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, hotel assets, master keys, payroll, and employee records.
Embrace a continuous growth environment by actively hiring professional staff and assisting in recruiting, reviewing, recommending and maintaining an inventory of qualified and promotable Associates that can potentially become Controllers, Assistant Controllers, Accounting Managers, and other managers for the organization.
Continually focus on training and development programs for finance associates to cultivate the “brightest” and “best” talent within the industry.
Hire, train, supervise and develop staff, including coaching, counseling and discipline.
Maintain compliance with Crescent Hotels and Resorts standards and regulations to ensure safe and efficient operation of the hotel.
Ensure proper utilization, maintenance and periodic upgrades of all IT systems and equipment.
Direct and/or prepare all financial reports in accordance with CHR requirements meeting various due dates and deadlines.
Review and submit a Daily Revenue Report.
Ensure timely deposit of all cash and transmission of Credit Cards.
Review Labor Report for overtime and any variance to Forecast.
Review departmental Checkbooks and advise of any needed changes.
Distribute and discuss weekly G/L report with department managers.
Update GM on any unfavorable financial issues impacting the month.
Ensure there is sufficient cash to meet all scheduled obligations.
Reconcile Balance Sheet with proper back up.
Ensure that all banks are counted.
Count the main vault.
Review “Key Financial Controls” Checklist to ensure adherence and compliance.
Review actual numbers to forecast to find discrepancies in forecasting to improve accuracy in future months.
Participate in the monthly Credit Meeting.
Actively participate, complete and review the forecast with Department Heads prior to submission.
Perform any other job-related duties as assigned.
What is required?
A minimum of FIVE years' experience as a Hotel Director of Finance.
Bachelor's degree in accounting, finance, or related field.
Demonstrated knowledge and accuracy in P&L composition, forecast accuracy, budgeting, cash management, and overall financial management that exceeds owner expectations.
Knowledge of Profitsage, M3, Birchstreet a preferred.
Prior experience with Marriott systems is preferred.
Advanced knowledge of Microsoft Office.
Self-starting personality with an even disposition.
Texas Hill Country Oasis on the shores of Lake LBJ
Industry
Hospitality
Company size
501-1,000 employees
Founded
1971
Headquarters
Horseshoe Bay, TX
LinkedIn followers
5,833
Horseshoe Bay Resort is Texas’ premier full-service AAA four-diamond and Conde Nast Readers' Choice award-winning golf resort located on the shores of Lake LBJ only 45-minutes Northwest of Austin, Texas. The 400-room resort is located in the Heart of the Texas Hill Country Wine Region with more than 30 wineries located within 90-minutes of the property.
With more than 100,000 square feet of meeting space and picturesque waterfront venues, the resort is renown for destination meetings and weddings throughout the year.
The resort host several major events each year including the annual Beer By The Bay Country Music Festival, the Wine Dine and Jazz Festival and the annual Big & Bright - a Hill Country Holiday.
For reservations call 877-611-0112 or for meeting and wedding information call 830.598.7880.
Offices: 200 Hi Circle N, Horseshoe Bay, TX 78657, US
GolfLeisure Recreation & Family ActivitiesAccommodationsFood & BeverageGroupsMeetings & WeddingsResidential Real EstateMembershipLakeResort
Texas Hill Country Oasis on the shores of Lake LBJ
Industry
Hospitality
Company size
501-1,000 employees
Founded
1971
Headquarters
Horseshoe Bay, TX
LinkedIn followers
5,833
Horseshoe Bay Resort is Texas’ premier full-service AAA four-diamond and Conde Nast Readers' Choice award-winning golf resort located on the shores of Lake LBJ only 45-minutes Northwest of Austin, Texas. The 400-room resort is located in the Heart of the Texas Hill Country Wine Region with more than 30 wineries located within 90-minutes of the property.
With more than 100,000 square feet of meeting space and picturesque waterfront venues, the resort is renown for destination meetings and weddings throughout the year.
The resort host several major events each year including the annual Beer By The Bay Country Music Festival, the Wine Dine and Jazz Festival and the annual Big & Bright - a Hill Country Holiday.
For reservations call 877-611-0112 or for meeting and wedding information call 830.598.7880.
Offices: 200 Hi Circle N, Horseshoe Bay, TX 78657, US
GolfLeisure Recreation & Family ActivitiesAccommodationsFood & BeverageGroupsMeetings & WeddingsResidential Real EstateMembershipLakeResort