Director of Finance

This is a fully remote position, open to applicants in Connecticut.

📋 Description

• Oversee the daily accounting operations, ensuring accuracy in forecasting and budgeting for the designated HEI assets.

• Manage the month-end closing process, balance sheet reconciliations, process enhancements, and the control environment for assigned hotels.

• Implement and introduce HEI initiatives and directives to newly acquired hotels.

• Address management coverage gaps at the properties.

• Guide and supervise the financial functions of the hotels.

• Protect assets and prepare financial reports in accordance with GAAP and HEI standards.

• Conduct financial analyses and offer interpretations of policies.

• Participate actively in Executive Committee and staff meetings.

• Support managers with financial statements, distributions, and data.

• Rectify deficiencies highlighted in Internal Audit findings.

• Maintain cash control systems, audit inventory, and assess asset security.

• Draft annual operating and capital expenditure budgets.

• Oversee capital expenditure initiatives and perform ROI analyses.

• Prepare and evaluate financial statements, communicating any financial matters to management.

• Coordinate the property's labor management systems.

• Handle accounts receivable, credit policies, collections, and write-off meetings.

• Complete necessary financial reports and requests for HEI Corporate offices.

• Reconcile asset and liability account balances while managing accruals and prepaid accounts.

• Monitor inventory levels and adhere to payment-deferral policies.

• Maintain current job descriptions and standards for the department.

• Develop cross-training programs and identify, screen, and attract management candidates.

• Perform additional assigned duties.

⛳️ Requirements

• Bachelor’s degree in Accounting or Hotel Management.

• More than 3 years of experience in Finance and Accounting within the Hotel or Hospitality sector.

• A detail-oriented and analytical approach to problem-solving.

• A confident personality with a professional demeanor.

• Strong verbal and written communication skills.

• Ability to adjust communication styles to fit various audiences.

• Solid experience in the hotel or service industry, ideally in a multi-unit context.

• Ability to effectively manage multiple and complex project work streams to successful outcomes.

• Adaptability and flexibility to meet changing business demands.

• Willingness to travel 100% of the time.

🏝️ Benefits

• Competitive Medical and Dental programs through Anthem Blue Cross Blue Shield.

• Vision insurance options available through EyeMed.

• Vacation, Sick, and Holiday leave programs.

• Pet insurance provided through the ASPCA.

• Supplemental, Spousal, and Child Life insurance options.

• Short- and Long-Term Disability plans.

• 401(k) Savings Plan with matching contributions.

• Discounts available through the 'YouDecide' program.

• Hotel Room Discount program.

• Access to industry-leading tools, training, and support.

• Comprehensive benefits program promoting physical, mental, and financial wellness.