Director of Finance
Transformation Hospitality Solutions, Needham, MA, United States
Hotel finance/accounting experience a must.
Duties and Responsibilities
- Supervise the financial department, including accounts receivable, accounts payable, auditing, payroll, general accounting, and cashiers.
- Plan and implement financial procedures and systems.
- Prepare financial analysis of hotel operations.
- Prepare reports outlining hotel’s financial position in areas of income, expense, and earnings based on past, present, and future operations.
- Direct preparation of budgets and financial forecasts.
- Prepare governmental reports and handle all inquiries from governmental agencies, including the Internal Revenue Service.
- Maintain file of all contracts, insurance policies, tax reports, expenses, payroll, etc.
- Develop short‑ and long‑term financial plans for the hotel that support overall objectives.
- Prepare annual hotel budget.
- Monitor the performance of the hotel through verification and analysis of monthly financial reports.
- Participate in the Executive committee including sharing and communicating knowledge and by attending weekly or monthly meetings.
Requirements
- Must have a comprehensive knowledge of hotel departments and functions.
- Must have knowledge of M3, Profitsword & Lightspeed PMS preferred.
- Must have exceptional mathematical and computer skills.
- Must be proficient with Excel.
- College education and relevant training and experience required.