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Sage Hospitality

Director of Operations Finance

Job Overview

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Employment Type

Full-time
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Compensation

Type:
Salary
Rate:
Range $145,000.00 - $160,000.00
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Work Schedule

Standard Hours
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Benefits

Unlimited paid time off
Eligible for bonus
Medical insurance
Dental Insurance
Vision Insurance
Health savings account
Flexible spending account
basic life insurance
AD&D insurance
Company-paid short-term disability
Paid fmla leave
401(k) with employer matching
Employee assistance program
Tuition Reimbursement
Employee Discounts
Employee Referral Bonus Program

Job Description

Sage Hospitality Group is a leading hospitality company known for its passionate commitment to excellence and enriching lives through memorable experiences. Based in Denver, Sage Hospitality Group encompasses a diverse portfolio that includes hotels, restaurants, investments, and creative ventures, all united under one purpose: to create genuine service experiences that build lasting relationships with guests and generate value for shareholders. With a culture that encourages entrepreneurial spirit, independent thinking, creative problem solving, and risk taking, Sage is positioned as an industry leader not only by what it does but by who its employees are and how they contribute. The company... Show More

Job Requirements

  • Undergraduate degree required
  • concentration in finance or accounting preferred
  • 5 years of related management experience in finance roles in hospitality with at least 2 years as a Property Director of Finance / Controller
  • ability to influence all levels of the organization with their presence and business acumen
  • proven ability in building and sustaining a strong finance team with strong results
  • strong knowledge and ability reading, analyzing, and understanding financial statements, loan documents, leases, and contracts
  • excellent presentation and public speaking skills
  • ability to identify message points and messaging opportunities
  • oversight of multiple properties and departments
  • demonstrates an ability to communicate with a diverse group of customers
  • ability to manage internal associates at all levels of the organization
  • proactive, independent, forward-thinking, trustworthy, and hands-on finance executive
  • a dynamic team player who is a quick study and can think creatively and effectively challenge existing practices
  • able to skillfully shift between strategy and tactics and provide strong leadership to the finance organization
  • strong computer and problem-solving skills including ability to proactively identify and prevent potential problems
  • strong written and oral communication skills
  • strong organizational and project management skills
  • proven experience presenting, communicating, and negotiating with external investors, owners, lenders, third parties

Job Qualifications

  • Undergraduate degree
  • concentration in finance or accounting preferred
  • 5 years of related management experience in finance roles in hospitality
  • at least 2 years as a Property Director of Finance or Controller
  • strong leadership capabilities
  • excellent communication and presentation skills
  • ability to analyze and understand complex financial statements and contracts
  • ability to build and sustain strong finance teams
  • proactive and forward-thinking approach
  • strong problem-solving and organizational skills
  • experience managing multiple properties and departments
  • experience working with diverse stakeholders
  • dynamic and creative team player
  • experience in strategic financial leadership

Job Duties

  • Work with the Corporate Office and Hotel/Restaurant Operational Leaders to determine opportunities to drive profitability to the assigned properties and portfolios
  • assess purchasing opportunities across assigned properties, including management of the Avendra program and third-party utility companies
  • evaluate operational metrics to prioritize initiatives that can make the greatest impact across assigned properties
  • drive hotels’ financial performance through continuous review and monitoring of hotel monthly and annual results, providing feedback to the appropriate Leadership Teams, and suggesting adjustments when appropriate
  • support teams focused on shared services, operational performance, compliance, and systems
  • look for more efficient and effective ways to provide services to our hotels and owners
  • leverage technology and third parties where appropriate
  • support hotel teams with ROI analysis and metrics regarding planned capital expenditures
  • participate in the preparation and review of pro-formas for new or expanded hotels and/or restaurants
  • support the property financial leaders in assigned portfolio in maintaining trained staffing of accounting positions at the property level for assigned properties
  • hold assigned property financial leaders accountable in maintaining strong internal control environments at all properties to include maximization of profits, proper controls, optimal productivity, and a coordination of efforts towards achieving objectives
  • work with property financial leaders to drive hotels’ financial performance through continuous review and monitoring of hotel monthly and annual results, providing feedback to the appropriate Leadership Teams, and suggesting adjustments when appropriate
  • gain a thorough understanding of the ownership agreements for all properties, including but not limited to, management, partnership, operating and franchise agreements
  • monitor monthly, quarterly, and annual compliance requirements for the following constituents: Lenders, Ground Lessors, Food and Beverage Lessees, Retail Tenants, Parking Companies, Franchisors
  • provide financial leadership for assigned transitions and new openings
  • support General Managers and the Operations team with thoughtful analytics regarding forecasting, cost control and margin improvement
  • ability to work with a variety of operational leaders in supporting assets across all Sage Hospitality Group divisions, including Sage Hotel Management, Sage Restaurant Concepts, Sage Investments and Sage Studio
  • evaluate and drive standardization and optimization of process, systems, communication, and controls at each property for maximized results and efficiencies
  • develop effective analytical process and culture with comprehensive metrics and reporting processes
  • manage partnership relationships between the organization’s various department, property operations and ownership groups
  • influence all partnership relationships through motivation, communication and positive team synergies and leadership
  • ensure coordinated efforts around sharing value-added best practices and procedures
  • identify potential challenges that could impact the business in the future while taking corrective action on current performance deficiencies
  • recommend and implement changes to prevent known performance deficiencies from occurring again
  • benchmarking - understand hotel performance standards from other management companies and identify opportunities for improvement
  • annual plan review - provide detailed review of the annual budget and forecasts and identify opportunities to maximize market share, revenue, profit, cash flow, etc.
  • assist with the preparation of the annual capital plan for each hotel to ensure that our assets are well-maintained for our guests and consistent with cash and reserve requirements and return on investment criteria
  • support Operations with the annual presentations to ownership
  • project management responsibilities include the coordination and guidance of new system initiatives and deployments
  • ensure owner management agreement obligations are carried out
  • review and understand financial statements that are delivered to our equity partners
  • proactively communicate any concerns to ensure no surprises
  • review and understand ownership needs and expectations on a periodic basis
  • lead strategic planning, development, and coordination of business initiatives and strategies for assigned properties
  • oversee communication to customers related to the long-term vision and strategies and ensuring timely and proactive communications to all stakeholders
  • mentor and develop high potential talent and future high potential talent for the organization in line with the organization’s talent management strategies
  • implement succession planning within each direct report to provide new opportunities as associates develop, to handle company-wide growth, and to mitigate risk if associates leave
  • participate and maintain active company and community relations while taking part in corporate activities and meetings
  • perform any other assignments as directed by the organization or leadership
  • all other duties as assigned, requested, or deemed necessary by management

Job Qualifications

Experience

Mid Level (3-7 years)

Job Location

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