Director of Finance

Job Description

This position serves as the strategic financial business leader of the property, responsible for driving financial performance, shaping long-term business strategies, and ensuring the delivery of financial results aligned with brand standards. The role combines financial leadership with a hands-on approach to budgeting, forecasting, auditing, and stakeholder communication to maximize return on investment and support the execution of brand and property strategies. Candidate Profile Education and Experience: Bachelor's degree (4-year) in Finance, Accounting, or a related field with 3 years of relevant finance/accounting experience, OR Master's degree in Finance, Accounting, or a related field with 1 year of relevant experience. Core Responsibilities Strategic Planning and Decision Making Lead the creation and execution of the property's annual operating budget and business plan. Identify cost-saving and productivity improvement opportunities. Forecast revenue and expenses; analyze sales against projections and adjust strategies accordingly. Ensure strong financial control systems and risk management measures are in place. Monitor financial performance, market trends, and operational KPIs. Support department heads with financial analysis to optimize operational efficiency. Leading Finance Teams Communicate strategic goals and priorities clearly across departments and finance team. Provide leadership, mentoring, and accountability to team members and department heads. Oversee audits (internal, external, regulatory) and ensure compliance. Conduct performance evaluations and create staff development plans. Stakeholder Engagement Act as key liaison between property, owners, brand leadership, and executive management. Communicate financial concepts clearly and persuasively to both financial and non-financial stakeholders. Understand owner priorities, cash flow needs, and business objectives. Participate in meetings with owners and executive leadership to provide financial insights and recommendations. Financial Operations and Goal Setting Ensure accuracy of Profit and Loss statements, tax filings, and compliance with all financial reporting standards. Submit timely financial reports and meet reporting deadlines. Monitor working capital, cash flow, and capital expenditure compliance with SOPs. Drive performance through goal-setting aligned with budget and property objectives. Review and manage audit findings and implement necessary corrective actions. Policy and Project Management Oversee purchasing processes and ensure financial accuracy and proper cost allocation. Manage compliance with local regulations, operating procedures, and brand policies. Generate accurate and timely reports and presentations for decision-making. Ensure balance sheet accounts are reconciled and supported by documentation. Human Resources and Team Development Support cross-training and development to enhance operational flexibility. Oversee hiring, onboarding, and training of new team members. Ensure fair application of company policies and procedures. Develop customized career development plans for finance team members. Conduct performance reviews and coach team members to success. Key Competencies & Attributes Strong leadership and interpersonal skills. High level of integrity, professionalism, and business acumen. Strategic thinker with strong analytical and forecasting capabilities. Effective communicator with the ability to influence stakeholders at all levels. Proficient in financial software and reporting systems.