Overview Are you an experienced finance professional seeking an exciting leadership role in the hospitality industry? Look no further. The Chaminade Resort & Spa, a prestigious and renowned hotel in Santa Cruz, California, is currently seeking a highly qualified Director of Finance to join our dynamic team. As the Director of Finance, you will play a pivotal role in overseeing and managing all financial aspects of our hotel operations.
This Executive Level position will oversee all aspects of the Finance/Accounting Department in a centralized environment. The Director of Finance will report to the General Manager . Will act as a mentor and be very involved with the day-to-day operations of the hotel and the department.
Responsibilities
- Effectively manage and communicate cash flow related issues, as required to management and ownership.
- Coordinate the completion of all forecasts and budgets as required, with the full and active participation of Executive Team and department managers.
- Analyze financial data and operations to assist and advise management in maintaining the hotels' financial objectives.
- Ensure that all balance sheet accounts are reconciled on a timely basis.
- Develop and implement financial strategies, policies, and procedures to ensure the effective management and control of financial resources.
- Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, credit extension, inventories, assets, master keys, payroll, and records.
- Direct and/or prepare all financial reports in accordance with the company's requirements meeting various due dates and deadlines.
- Conduct regular financial analysis and provide insights on revenue generation, cost control, and profitability enhancement.
- Collaborate with department heads to identify and implement cost-saving initiatives without compromising quality and guest satisfaction.
- Maintain strong relationships with external stakeholders, including auditors, banks, and financial institutions.
- Ensure hotels' compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
Responsibilities Minimum of 5 years of progressive experience in finance or accounting roles, preferably within the hospitality industry. Bachelors or Graduate degree with a Business Administration, Accounting or Finance concentration. MBA preferred. Must have the ability to assimilate complex information, data, etc., from disparate sources and consider, adjust, or modify to meet the constraints of the particular need. - Must be able to work with and understand financial information and data, and basic arithmetic functions.
- Must be able to prioritize to meet due dates and deadlines
- Proven track record of financial leadership and strategic decision-making.
- Strong knowledge of financial principles, budgeting, forecasting, and cost control.
- Excellent interpersonal, communication, and leadership skills.
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