Job Overview
Employment Type
Full-time
Work Schedule
Standard Hours
Benefits
highly competitive compensation
Exceptional benefit plan
401K matching program
Travel Discounts
Health Insurance
Paid Time Off
Job Description
Crescent Hotels & Resorts is a distinguished hospitality company recognized for its dedication to providing exceptional guest experiences through the commitment and passion of its Associates. As a team of hospitality professionals, Crescent Hotels & Resorts deeply values and nurtures a workplace culture where employees are celebrated and encouraged to bring their authentic selves to work. The company places great emphasis on employee wellness, continuous learning and development, and offers enticing travel discounts to enrich the personal and professional lives of its staff. With a philosophy built on care and excellence, Crescent Hotels & Resorts fosters an environment where everyone... Show More
Job Requirements
- A minimum of four years’ experience as a hotel director of finance
- demonstrated knowledge and accuracy in profit and loss composition, forecast accuracy, budgeting, cash management, and overall financial management exceeding owner expectations
- prior experience with Hilton systems preferred
- advanced knowledge of Microsoft Office
- self-starting personality with an even disposition
- strong communication skills
- must have strong computers and training skills
- must have knowledge of departmental operations
- must have knowledge of business law
- federal, state and local taxes
- as well as Department of Labor regulations
- must have knowledge of insurance, employee benefits, insurance and workers’ compensation claims and liability
- ability to exercise judgment in evaluating situations and in making sound decisions
Job Qualifications
- A minimum of four years experience as a hotel director of finance
- demonstrated knowledge and accuracy in profit and loss composition, forecast accuracy, budgeting, cash management, and overall financial management exceeding owner expectations
- prior experience with Hilton systems preferred
- advanced knowledge of Microsoft Office
- self-starting personality with an even disposition
- strong communication skills
- must have strong computer and training skills
- must have knowledge of departmental operations
- must have knowledge of business law, federal, state and local taxes, and Department of Labor regulations
- must have knowledge of insurance, employee benefits, insurance, workers compensation claims and liability
- ability to exercise judgment in evaluating situations and making sound decisions
Job Duties
- 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, including preparation of cash-flow statements, management of receivables, cash balances, and timely deposits
- monitor hotel revenues and expenses and ensure accurate recording according to company guidelines
- investigate and critique variances to budget or prior year and recommend practical improvement strategies
- assist management with capital planning, including return on capital improvements and monitoring bid processes
- ensure compliance with all regulatory licenses, permits, leases, contracts, legal agreements, and operational taxes
- coordinate the completion of forecasts and budgets with active participation of the management team
- analyze financial data and operations to advise management on achieving financial objectives
- reconcile all balance sheet accounts including bank reconciliations timely
- continuously audit internal financial controls related to purchasing, cash handling, disbursements, credit extension, inventories, assets, payroll, and employee records
- hire, train, supervise, and develop finance staff including coaching and discipline
- maintain compliance with company standards and regulations for safe and efficient hotel operations
- ensure proper utilization and upgrades of IT systems and equipment
- prepare and direct all financial reports according to company requirements meeting deadlines
- review and submit daily revenue reports
- ensure timely deposit of cash and credit card transmissions
- review labor report for overtime and forecast variances
- manage departmental checkbooks with necessary advisories
- distribute and discuss weekly general ledger reports with department managers
- update general manager on any unfavorable financial issues
- ensure sufficient cash to meet all scheduled obligations
- reconcile balance sheet with appropriate backup
- conduct bank and vault counts
- review key financial controls checklist for compliance
- analyze discrepancies between actual and forecasted numbers for accuracy improvements
- participate in monthly credit meetings
- actively complete and review forecasts with department heads
- perform other related duties as assigned
Job Qualifications
Experience
Expert Level (7+ years)
Job Location
We didn't receive the exact location for this job posting,
please contact the employer.
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