Complex Director of Finance

Chicago, IL, USA|Onsite

Job Overview

Employment Type

Full-time

Compensation

Type:

Salary

Rate:

Range $160,000.00 - $172,000.00

Benefits

Medical insurance

Dental Insurance

Vision Insurance

Vacation Time

sick leave

Holiday pay

401(k) Savings Plan with matching funds

Job Description

HEI Hotels and Resorts is a renowned leader in the hospitality industry, dedicated to excellence and innovation. With a strong commitment to diversity, inclusion, and employee development, HEI prides itself on creating a dynamic workplace that values each team member's unique contributions. The company manages a portfolio of luxury hotels and resorts across the United States, known for delivering exceptional guest experiences and maintaining high operational standards. HEI emphasizes fostering a supportive environment where individuals from all backgrounds, including U.S. military veterans, are encouraged to apply and grow within the organization.

The role of Complex Director of Finance oversees ... Show More

Job Requirements

Bachelor's degree in accounting, finance, business administration or related field
At least 3 years experience in hospitality finance or accounting
Knowledge of generally accepted accounting principles and financial reporting
Experience with budget preparation and capital expenditure management
Strong analytical and problem-solving skills
Effective communication and leadership abilities
Ability to work collaboratively with cross-functional teams
Proficiency in financial software and Microsoft Office applications
Commitment to compliance with legal regulations and company policies

Job Qualifications

B.S. in accounting or hotel management preferred
Minimum 3 years experience in hotel or hospitality related finance and accounting
Strong analytical approach to problem-solving
Attention to detail and accuracy
Assertive personality with professional demeanor
Effective verbal and written communication skills
Ability to adapt communication style for diverse audiences

Job Duties

Perform special financial analysis as needed or requested by General Manager and Corporate Office
Provide practical financial solutions with cost-benefit evaluation
Participate actively in Executive Committee and staff meetings
Assist managers in analyzing financial statements, distributions, and data
Support and comply with property standards and Corporate SOPs
Correct deficiencies identified on Internal Audit reports
Use Controller's Checklist effectively
Maintain cash control system with audits and reporting
Review security over assets and audit inventories
Understand leases, contracts, agreements, and related legal regulations
Apply knowledge of sales tax, innkeeper, liquor, and labor laws
Schedule and coordinate annual operating budget preparation and presentation
Manage capital expenditures budget according to SOP
Control capital expenditure program and complete ROI analysis
Prepare and review financial statements for accuracy
Inform management of current and potential financial issues
Monitor sales and profit attainment
Coordinate property labor management system
Maintain standards for accounts receivable and collection periods
Document credit policies and audit compliance
Approve major accounts for credit
Conduct credit and write-off meetings
Submit credit loss reports
Review banquet functions and group accounts for credit approval
Manage bad debt expenses in credit sales
Fulfill accounts receivable responsibilities to maximize realizations
Complete financial reports required by corporate offices
Reconcile account balances regularly
Establish accruals and pre-paid account balances
Calculate turn ratios and asset days available
Work with department managers to control inventory
Comply with deferring payments procedures
Maintain and update departmental job descriptions and standards
Comply with wage policies including increases and timing
Establish cross-training programs within department
Identify, screen, and attract management candidates
Comply with attendance rules and availability
Perform other duties as assigned

Job Location

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