Crescent Hotels & Resorts, LLC
Director Of Finance
Crescent Hotels & Resorts, LLC, Scottsdale, Arizona, us, 85261
Crescent Hotels & Resorts, LLC Director Of Finance - Scottsdale, Arizona
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 at The Remi Old Town Scottsdale, Autograph by Marriott, this is an exciting opportunity for any hotel finance professional.At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to and 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:Operational incentive plan eligibilityAn exceptional benefit plan for eligible associates & your family members401K matching program for eligible associatesDiscounts with our Crescent managed properties in North America for you & your family membersThe Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, and support. The role focuses 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.Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.Monitor the capital planning process by assisting management with calculation of return on capital improvements and evaluating scope of work and specifications.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, with the full and active participation of the management team.Analyze financial data and operations to assist and advise 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 and assisting in recruiting and maintaining an inventory of qualified and promotable Associates.Continually focus on training and development programs for finance associates.Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.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 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 backup.Ensure that all banks are counted.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.Actively participate, complete, and review the forecast with Department Heads prior to submission.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.Strong communication skills.
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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 at The Remi Old Town Scottsdale, Autograph by Marriott, this is an exciting opportunity for any hotel finance professional.At Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to and 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:Operational incentive plan eligibilityAn exceptional benefit plan for eligible associates & your family members401K matching program for eligible associatesDiscounts with our Crescent managed properties in North America for you & your family membersThe Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, and support. The role focuses 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.Investigate and critique variances to budget or to prior year and offer practical improvement strategies to management.Monitor the capital planning process by assisting management with calculation of return on capital improvements and evaluating scope of work and specifications.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, with the full and active participation of the management team.Analyze financial data and operations to assist and advise 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 and assisting in recruiting and maintaining an inventory of qualified and promotable Associates.Continually focus on training and development programs for finance associates.Hire, train, supervise, and develop staff, including coaching, counseling, and discipline.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 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 backup.Ensure that all banks are counted.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.Actively participate, complete, and review the forecast with Department Heads prior to submission.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.Strong communication skills.
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