Crescent Hotels and Resorts
Director of Finance
Crescent Hotels and Resorts, Scottsdale, Arizona, us, 85261
Crescent Hotels and Resorts Director of Finance Scottsdale, Arizona Apply Now
Crescent Hotels and Resorts is seeking an experienced Director of Finance to join our amazing team. Conveniently located near Scottsdale's best attractions, shopping, and nightlife, The Remi Old Town Scottsdale, Autograph by Marriott, this is an exciting opportunity for any hotel finance expert! At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do! We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development, or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright. We are committed to providing you with: An exceptional benefit plan for eligible associates & your family members 401K matching program for eligible associates Discounts with our Crescent managed properties in North America for you & your family members The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, support and is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets. What will you be doing? Evaluate the financial impact on business decisions. Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel. Effectively manage and communicate cash flow related issues, as required to management and ownership. Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Crescent Hotels and Resorts established guidelines. Monitor the capital planning process by assisting management with calculation of return on capital improvements. Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes. Coordinate the completion of all forecasts and budgets as required. Analyze financial data and operations to assist management in maintaining the hotels’ financial objectives. Ensure that all balance sheet accounts, including bank reconciliations are reconciled on a timely basis. Establish and continually audit all internal financial controls. Embrace a continuous growth environment by actively hiring professional staff. Continually focus on training and development programs for finance associates. Hire, train, supervise and develop staff. Maintain compliance with Crescent Hotels and Resorts standards and regulations. Ensure proper utilization, maintenance and periodic upgrades of all IT systems and equipment. Direct and/or prepare all financial reports in accordance with CHR requirements. Review and submit a Daily Revenue Report. Ensure timely deposit of all cash and transmission of Credit Cards. Review Labor Report for overtime and any variance to Forecast. Review departmental Checkbooks and advise of any needed changes. Distribute and discuss weekly G/L report with department managers. Update GM on any unfavorable financial issues impacting the month. Ensure there is sufficient cash to meet all scheduled obligations. Reconcile Balance Sheet with proper back up. Count the main vault. Review “Key Financial Controls” Checklist to ensure adherence and compliance. Review actual numbers to forecast to find discrepancies in forecasting. Participate in the monthly Credit Meeting. Perform any other job-related duties as assigned. Required Skills/Abilities: A minimum of FOUR years' experience as a Hotel Director of Finance. Demonstrated knowledge and accuracy in P&L composition, forecast accuracy, budgeting, cash management, and overall financial management. Prior experience with Marriott systems is preferred. Advanced knowledge of Microsoft Office. Self-starting personality with an even disposition. Must have strong computers and training skills. Must have knowledge of departmental operations. Must have knowledge of business law; federal, state and local taxes; as well as Department of Labor regulations. Must have knowledge of insurance, employee benefits, insurance and workers’ compensation claims and liability. Ability to exercise judgment in evaluating situations and in making sound decisions. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
#J-18808-Ljbffr
Crescent Hotels and Resorts is seeking an experienced Director of Finance to join our amazing team. Conveniently located near Scottsdale's best attractions, shopping, and nightlife, The Remi Old Town Scottsdale, Autograph by Marriott, this is an exciting opportunity for any hotel finance expert! At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do! We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development, or our travel discounts that ‘feed your inner explorer’, we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright. We are committed to providing you with: An exceptional benefit plan for eligible associates & your family members 401K matching program for eligible associates Discounts with our Crescent managed properties in North America for you & your family members The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, support and is also responsible for focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal controls, ensuring compliance with all federal, state, and local regulations, and safeguarding owners/investors assets. What will you be doing? Evaluate the financial impact on business decisions. Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel. Effectively manage and communicate cash flow related issues, as required to management and ownership. Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Crescent Hotels and Resorts established guidelines. Monitor the capital planning process by assisting management with calculation of return on capital improvements. Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and operational taxes. Coordinate the completion of all forecasts and budgets as required. Analyze financial data and operations to assist management in maintaining the hotels’ financial objectives. Ensure that all balance sheet accounts, including bank reconciliations are reconciled on a timely basis. Establish and continually audit all internal financial controls. Embrace a continuous growth environment by actively hiring professional staff. Continually focus on training and development programs for finance associates. Hire, train, supervise and develop staff. Maintain compliance with Crescent Hotels and Resorts standards and regulations. Ensure proper utilization, maintenance and periodic upgrades of all IT systems and equipment. Direct and/or prepare all financial reports in accordance with CHR requirements. Review and submit a Daily Revenue Report. Ensure timely deposit of all cash and transmission of Credit Cards. Review Labor Report for overtime and any variance to Forecast. Review departmental Checkbooks and advise of any needed changes. Distribute and discuss weekly G/L report with department managers. Update GM on any unfavorable financial issues impacting the month. Ensure there is sufficient cash to meet all scheduled obligations. Reconcile Balance Sheet with proper back up. Count the main vault. Review “Key Financial Controls” Checklist to ensure adherence and compliance. Review actual numbers to forecast to find discrepancies in forecasting. Participate in the monthly Credit Meeting. Perform any other job-related duties as assigned. Required Skills/Abilities: A minimum of FOUR years' experience as a Hotel Director of Finance. Demonstrated knowledge and accuracy in P&L composition, forecast accuracy, budgeting, cash management, and overall financial management. Prior experience with Marriott systems is preferred. Advanced knowledge of Microsoft Office. Self-starting personality with an even disposition. Must have strong computers and training skills. Must have knowledge of departmental operations. Must have knowledge of business law; federal, state and local taxes; as well as Department of Labor regulations. Must have knowledge of insurance, employee benefits, insurance and workers’ compensation claims and liability. Ability to exercise judgment in evaluating situations and in making sound decisions. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
#J-18808-Ljbffr