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.
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