HEI Hotels and Resorts
Centralized Director of Finance
HEI Hotels and Resorts, Norwalk, Connecticut, us, 06860
About Us
HEI manages an unparalleled portfolio of leading full-service branded hotels and luxury and lifestyle independent hotels across the U.S. We are the acknowledged experts on upper-upscale, luxury, and premium select-serve hotels in urban, super-suburban, and destination locations. At HEI, we recognize that our enormous success is solely the result of our greatest asset: Our People. Where people work is a choice. Against that choice, our greatest obligation is to ensure day in and day out that our associates have the compensation and benefits they deserve and industry leading tools, training and support that they need to excel. At HEI, simply said, we honor the privilege of our associates choosing us by investing in and making them more valuable. Don't meet every single requirement of this job? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization! We value U.S. military experience and invite all qualified military candidates to apply.OverviewAs a member of the Central Accounting Office, the Centralized Director of Finance is responsible for all aspects of financial management, financial control, accounting and financial reporting for assigned hotels. In addition, the Controller is ultimately responsible for making month-end accruals, posting payroll, and ensuring the financials are ready for review by the Regional Director of Finance. The Centralized DOF will prepare a large majority of the balance sheet reconciliations for the assigned assets once the month-end close process is completed.
Responsibilities
Responsible for Accounting, financial reporting and controllership functions for assigned hotels which are accounted for on a centralized basis.
Timely preparation and issuance of complete and accurate monthly and annual hotel financial statements.
Creates and/or reviews annual budgets, monthly variance analyses, and related budget-creation policies and procedures.
Assists in the establishment, documentation, and adherence to Accounting Policies and Procedures and internal controls for centralized accounting operations.
Monitors hotel operations, cash flow and operating forecasts of assigned entities.
Reviews or prepares monthly bank reconciliations and G/L reconciliations for assigned hotel properties.
Communicates with hotel and corporate management on accounting related issues as required.
Performs other related duties as assigned.
Qualifications
Bachelor’s Degree in Accounting, Finance or related field. CPA a plus.
A minimum of 5 years of relevant financial management and accounting experience. Hospitality experience at both the property level and corporate supervisory level a plus.
Strong knowledge of financial statements and GAAP concepts.
Strong knowledge of Hotel Accounting.
Understanding of hotel month-end, budgeting, forecasting, and financial preparation process.
Proven ability to work with complex Excel spreadsheets.
Knowledge of enterprise-level accounting software systems.
Performs work in a well-organized, self-directed manner with ability to solve complex problems.
Ability to independently prioritize and manage multiple tasks, work both independently and in a team environment, and grasp concepts quickly.
Excellent verbal and written communication skills and detail oriented with ability to think critically.
Ability to travel as required.
BenefitsHEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you!For your physical and mental wellness we offer competitive Medical and Dental programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs through EyeMed. Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. HEI also provides pet insurance through the ASPCA. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status.
Work today, get paid today! We proudly partner with DailyPay, a voluntary benefit that allows our associates access to their earnings when they want them.
HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
Applicants with arrest or Conviction records will be considered for Employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the San Francisco Fair Chance Ordinance and the California Fair Chance Act.
HEI manages an unparalleled portfolio of leading full-service branded hotels and luxury and lifestyle independent hotels across the U.S. We are the acknowledged experts on upper-upscale, luxury, and premium select-serve hotels in urban, super-suburban, and destination locations. At HEI, we recognize that our enormous success is solely the result of our greatest asset: Our People. Where people work is a choice. Against that choice, our greatest obligation is to ensure day in and day out that our associates have the compensation and benefits they deserve and industry leading tools, training and support that they need to excel. At HEI, simply said, we honor the privilege of our associates choosing us by investing in and making them more valuable. Don't meet every single requirement of this job? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At HEI we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your experience doesn't align perfectly with every qualification in the job description, we encourage you to still send in your information. You may be the perfect candidate for this or for other roles within our organization! We value U.S. military experience and invite all qualified military candidates to apply.OverviewAs a member of the Central Accounting Office, the Centralized Director of Finance is responsible for all aspects of financial management, financial control, accounting and financial reporting for assigned hotels. In addition, the Controller is ultimately responsible for making month-end accruals, posting payroll, and ensuring the financials are ready for review by the Regional Director of Finance. The Centralized DOF will prepare a large majority of the balance sheet reconciliations for the assigned assets once the month-end close process is completed.
Responsibilities
Responsible for Accounting, financial reporting and controllership functions for assigned hotels which are accounted for on a centralized basis.
Timely preparation and issuance of complete and accurate monthly and annual hotel financial statements.
Creates and/or reviews annual budgets, monthly variance analyses, and related budget-creation policies and procedures.
Assists in the establishment, documentation, and adherence to Accounting Policies and Procedures and internal controls for centralized accounting operations.
Monitors hotel operations, cash flow and operating forecasts of assigned entities.
Reviews or prepares monthly bank reconciliations and G/L reconciliations for assigned hotel properties.
Communicates with hotel and corporate management on accounting related issues as required.
Performs other related duties as assigned.
Qualifications
Bachelor’s Degree in Accounting, Finance or related field. CPA a plus.
A minimum of 5 years of relevant financial management and accounting experience. Hospitality experience at both the property level and corporate supervisory level a plus.
Strong knowledge of financial statements and GAAP concepts.
Strong knowledge of Hotel Accounting.
Understanding of hotel month-end, budgeting, forecasting, and financial preparation process.
Proven ability to work with complex Excel spreadsheets.
Knowledge of enterprise-level accounting software systems.
Performs work in a well-organized, self-directed manner with ability to solve complex problems.
Ability to independently prioritize and manage multiple tasks, work both independently and in a team environment, and grasp concepts quickly.
Excellent verbal and written communication skills and detail oriented with ability to think critically.
Ability to travel as required.
BenefitsHEI Hotels and Resorts is committed to providing a comprehensive benefit program that offers you choices for your physical, mental and financial wellness, creating value in your most important investment - you!For your physical and mental wellness we offer competitive Medical and Dental programs through Anthem Blue Cross Blue Shield as well as Vision insurance programs through EyeMed. Our Vacation, Sick and Holiday programs are available for you to rejuvenate with time off. HEI also provides pet insurance through the ASPCA. For your financial wellness, HEI provides a wide array of coverage, including Supplemental, Spousal and Child Life insurance as well as Short and Long-Term Disability plans. Our 401(k) Savings Plan with matching funds, and discounts through our 'YouDecide' and Hotel Room Discount programs provide additional incentives for choosing HEI as the employer of your future. Specific details and eligibility of these programs vary by location and employment status.
Work today, get paid today! We proudly partner with DailyPay, a voluntary benefit that allows our associates access to their earnings when they want them.
HEI Hotels and Resorts is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
Applicants with arrest or Conviction records will be considered for Employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers, the San Francisco Fair Chance Ordinance and the California Fair Chance Act.