Director of Finance

Overview

Pyramid Hotel Group is fast growing leader in hotel and resort management and seeks a strong, experienced leader to grow along with our company, and to be a part of the culture that puts its people first.

Due to a recent promotion, have an amazing opportunity to get on board with a world class team as the Director of Finance for the Sheraton Gateway Los Angeles Hotel Our newly renovated hotel boasts 803 guest-rooms and suites room 57,000 square feet of meeting space and multiple outlets.

Working closely with the Sr. Vice President of Finance (SVP of Finance) and the Regional Director of Finance, our Director of Finance will be responsible for the strategic guidance and leadership as it relates to the planning, monitoring and execution of the hotel’s financial objectives and for the implementation and oversight of the hotel’s internal control systems over cash, income, expense, assets and liabilities in order to maximize financial performance and safeguard the assets of ownership. The Director of Finance will prepare timely and accurate financial reports, including the annual budget, statements of Profit & Loss, certification of balance sheet reconciliations, weekly and monthly reporting and forecasting and will ensure compliance with all Federal, State, Local regulations and corporate/hotel SOPs. The Director of Finance will also be responsible for management of the Accounting Department, which consists of Assistant Director of Finance, Accounting Manager, Payroll, Credit Manager, Accounts Payable and Accounts Receivable.

The role will be a part of the Executive Committee. This committee drives the property through leadership and entrepreneur attitudes.

Responsibilities

– Bachelor’s degree required
– Thorough knowledge of legal and regulatory requirements including GAAP, FLSA and state and local tax laws.
– A minimum of 4 years as a Director of Finance or Controller in a hotel
– Strong written and verbal communication skills.
– Ability to manage balance sheet activity and reconcile accounts monthly
– Ability to analyze work flow and develop efficiencies
– Cash flow management
– Ability to lead and develop Finance team members for career growth
– Proficiency in forecasting and budgeting
– Possesses a heightened sense of urgency in meeting reporting deadlines, with accuracy and clarity
– Be able to identify, analyze and clearly communicate variances to budget, forecast or prior year in all financial reporting
– Understand how to work with hotel PMS and outlet POS systems.
– Be able to complete internal self-audits annually to confirm compliance with SOP’s.
– Ability to implement and maintain a system of internal control and segregation of duties in order to protect the property’s assets.
– Hotel experience required

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