Director of Finance
Highgate, Paradise Valley, AZ, United States
Location
Kimpton Miralina Resort & Villas, Arizona.
Overview
The Director of Finance is responsible for providing consistent leadership in the financial area of the hotel by focusing on the profitability of the business, maintaining accurate and timely financial reporting, ensuring acceptable levels of internal control, and ensuring compliance with all federal, state, local regulations and Highgate Hotels’ Standard Operating Procedures. This role supports Kimpton Miralina Resort & Villas.
Responsibilities
- Effectively manage and communicate cash flow related issues, including the accurate and timely preparation of monthly financial statements for the property: cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds.
- Monitor hotel revenues and expenses and ensure accurate recording in accordance with Highgate Hotels established guidelines, monitor and control the hotel’s cash flow and operating forecast.
- Create annual budgets and monthly variance analysis, investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
- Ensure hotel compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.
- Analyze financial data and operations to assist and advise management in maintaining the hotel’s financial objectives.
- Comply with Standard Accounting policies and procedures and internal controls for finance and accounting operations.
- Review and approve all balance sheet accounts, including monthly bank reconciliation and general ledger account reconciliations.
- Establish and continue to audit all internal financial controls, including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- Coordinate successful completion of all internal and external financial audits, including working with CPA firms and delivering information requested by auditors on a timely basis.
- Hire, train, supervise and develop staff, including coaching, counseling and discipline.
- Maintain compliance with Highgate Hotels’ standards and regulations to ensure safe and efficient operation of the hotel.
- Direct or prepare all financial reports in accordance with Highgate Hotels’ requirements, meeting various due dates and deadlines, i.e.:
- Weekly: A/R & A/P Aging, Flash Reports, Payroll Reports, Revenue Updates
- Monthly: Financial Statements, Forecasting Key Statistics Report, Cash Flow
- Annual: Budgets, 5-Year Plans, 5-Year Capital Plans
- Interact timely with Executive Committee members to assure that property operations are on track and under control at all times.
- Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.
- Monitor the accurate production of the hotel daily operating report.
- Execute other special projects and responsibilities as assigned.
Qualifications
- At least 5 years of hospitality finance/accounting experience.
- Prior Controller or Director of Finance experience, preferably at a premium‑branded hotel.
- Excellent verbal and written communication skills.
- Bachelor’s degree preferred in Finance or Accounting.
- Must supervise 2 or more employees.
- Proficiency in Windows, company‑approved spreadsheets and word processing, and in the operation of all hotel‑specific systems.
- Role will be based at Kimpton Miralina Resort & Villas.