Director of Finance
Job Description The Director of Finance leads the financial operations of a hospitality property, ensuring accurate reporting, strong internal controls, and effective cash and budget management. This role works closely with on-site leadership and senior stakeholders to support operational decisions, maintain compliance, and drive financial performance.
Key Responsibilities
Financial Operations & Reporting
Oversee daily accounting activity, including revenue posting, ledger reconciliation, and variance analysis.
Ensure alignment between financial systems and property reports, resolving discrepancies related to receivables, deposits, and balances.
Maintain accuracy of the general ledger and supporting documentation in preparation for audits and ownership reporting.
Prepare monthly financial statements, including profit and loss, balance sheet, and supporting schedules, within established deadlines.
Analyze monthly results against budget and prior periods and provide clear explanations and recommendations.
Cash Management & Forecasting
Manage daily cash controls, deposits, and reconciliations.
Develop and maintain short-term and rolling cash flow forecasts; proactively identify risks or shortages.
Coordinate payment scheduling to support operational needs and maintain adequate liquidity.
Monitor collections activity and ensure timely follow-up on outstanding balances.
Payroll, Taxes & Compliance
Review and approve payroll cycles, ensuring accuracy of wages, paid time off, and incentive payouts.
Ensure proper handling and reconciliation of tips, gratuities, and other supplemental pay.
Prepare, review, and submit required local and state tax filings, including sales and occupancy-related taxes.
Maintain compliance with company accounting policies, internal controls, and regulatory requirements.
Budgeting & Planning
Lead the annual budgeting process and assist department leaders with financial planning.
Prepare periodic forecasts focused on near-term and mid-term performance.
Track capital expenditures and prepare reimbursement or approval documentation as needed.
Systems, Processes & Controls
Maintain accurate records for invoices, journal entries, contracts, and financial schedules.
Partner with technology vendors and internal teams to resolve system or reporting issues.
Continuously evaluate accounting processes and recommend efficiency or control improvements.
Leadership & Collaboration
Supervise accounting staff and provide guidance on day-to-day priorities and professional development.
Collaborate with operations, sales, and revenue teams to ensure financial accuracy and alignment.
Communicate clearly and professionally with internal stakeholders and external partners.
Qualifications Education Bachelor's degree in Accounting, Finance, or a related field preferred.
Experience Five or more years of progressive accounting or finance experience; prior leadership experience strongly preferred.
Location & Terms Washington Dulles Marriott SUI, 13101 Worldgate Dr, Herndon, VA 20170, USA. Employment Type: Direct Hire.
Apply Apply online or continue with your preferred platform.
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Job Description The Director of Finance leads the financial operations of a hospitality property, ensuring accurate reporting, strong internal controls, and effective cash and budget management. This role works closely with on-site leadership and senior stakeholders to support operational decisions, maintain compliance, and drive financial performance.
Key Responsibilities
Financial Operations & Reporting
Oversee daily accounting activity, including revenue posting, ledger reconciliation, and variance analysis.
Ensure alignment between financial systems and property reports, resolving discrepancies related to receivables, deposits, and balances.
Maintain accuracy of the general ledger and supporting documentation in preparation for audits and ownership reporting.
Prepare monthly financial statements, including profit and loss, balance sheet, and supporting schedules, within established deadlines.
Analyze monthly results against budget and prior periods and provide clear explanations and recommendations.
Cash Management & Forecasting
Manage daily cash controls, deposits, and reconciliations.
Develop and maintain short-term and rolling cash flow forecasts; proactively identify risks or shortages.
Coordinate payment scheduling to support operational needs and maintain adequate liquidity.
Monitor collections activity and ensure timely follow-up on outstanding balances.
Payroll, Taxes & Compliance
Review and approve payroll cycles, ensuring accuracy of wages, paid time off, and incentive payouts.
Ensure proper handling and reconciliation of tips, gratuities, and other supplemental pay.
Prepare, review, and submit required local and state tax filings, including sales and occupancy-related taxes.
Maintain compliance with company accounting policies, internal controls, and regulatory requirements.
Budgeting & Planning
Lead the annual budgeting process and assist department leaders with financial planning.
Prepare periodic forecasts focused on near-term and mid-term performance.
Track capital expenditures and prepare reimbursement or approval documentation as needed.
Systems, Processes & Controls
Maintain accurate records for invoices, journal entries, contracts, and financial schedules.
Partner with technology vendors and internal teams to resolve system or reporting issues.
Continuously evaluate accounting processes and recommend efficiency or control improvements.
Leadership & Collaboration
Supervise accounting staff and provide guidance on day-to-day priorities and professional development.
Collaborate with operations, sales, and revenue teams to ensure financial accuracy and alignment.
Communicate clearly and professionally with internal stakeholders and external partners.
Qualifications Education Bachelor's degree in Accounting, Finance, or a related field preferred.
Experience Five or more years of progressive accounting or finance experience; prior leadership experience strongly preferred.
Location & Terms Washington Dulles Marriott SUI, 13101 Worldgate Dr, Herndon, VA 20170, USA. Employment Type: Direct Hire.
Apply Apply online or continue with your preferred platform.
#J-18808-Ljbffr