23 Director of Finance Jobs in Austin, TX
EOS Hospitality is Hiring a Director of Finance Near Austin, TX
DescriptionThe Director of Finance is responsible for providing the financial expertise to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on investment to the owners. In addition, creates and executes a business plan that is aligned with the property and brand's business strategy and focuses on the execution of financial and accounting activities and the delivery of desirable financial results. This position will be responsible for the development of the area model, as well as the financial teams of various properties under the same flag and ownership. The Director of Finance must be detail-orientated, analytical, strategic, and adaptable to manage and work through opportunities while remaining professional and focused on the job at hand.
Key Responsibilities
- Detailed understanding and execution of Month-End process for the properties, including but not limited, to the preparation of financial statements, accruals, journal entries. Maintains reconciliations for balance sheet accounts in established corporate formats and in accordance with local Generally Accepted Accounting Principles (local GAAP). Develops means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
- Analyzes information, forecasts sales against expenses and creates annual budget plans.
- Thinks creatively and practically to develop, execute and implement new business plans.
- Creates the annual operating budget for the property.
- Provides analytical support during budget reviews to identify cost saving and productivity opportunities for property managers.
- Implements a system of appropriate controls to manage business risks.
- Ensures a strong accounting and operational control environment to safeguard assets, improve operations and profitability.
- Leads the development and implementation of a comprehensive annual business plan which is aligned with the company's and brand's strategic direction
- Produces accurate forecasts that enable operations to react to changes in the business.
- Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision-making; demonstrates honesty/integrity; leads by example.
- Leverages strong functional leadership and communication skills to influence the property's strategies and to lead own team.
- Manages communication with owners in an effective manner.
- Manages property working capital and cash flow in accordance with brand SOPs and owner requirements.
- Ensures that the P&L is accurate (e.g., costs are properly matched to revenue costs and are recorded in the proper accounts).
- Ability to read and understand basic contract elements, e.g. royalty fees, management agreement, terms, priorities and profit distribution. Maintains close relations with hotel’s internal and external auditors and ensure effective action necessary on agreed upon recommendations.
- Business Acumen - Understanding and utilizing business information.
- Five year's minimum lifestyle hotel financial management experience.
- Bachelor's degree or equivalent.
- Superior user capabilities in computer software products including Micros, OPERA, On-Q, ProfitSword, M3)
- Ability to communicate effectively verbally and in written form with the public as well as property team members.
- Essential statistical and analytical skills required to identify revenue opportunities and shortfalls.
- Ability to handle confidential information discretely and in the proper manner.
- Self-starter, and possess excellent presentation skills,
- Proven track record of successful hotel distribution and revenue strategic planning
- Effective decision-making skills
- Strong problem-solving skills
- Strong organizational skills
- May be required to work varying schedules
- Good communication skills (verbal, listening, writing)
- Effective conflict management skills
- Strong customer and colleague relation skills
We offer great benefits, generous paid time off and holidays, plus the opportunity to enjoy activities and services at our extraordinary property.
Lake Austin Spa resort is an EEO, M/F/D/V and e-Verify employer.
Job Summary
Full Time
$179k-242k (estimate)
05/31/2024
06/19/2024
The job skills required for Director of Finance include Leadership, Financial Statements, Financial Management, Initiative, Presentation, Balance Sheet, etc. Having related job skills and expertise will give you an advantage when applying to be a Director of Finance. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director of Finance. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Director of Finance positions, which can be used as a reference in future career path planning. As a Director of Finance, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director of Finance. You can explore the career advancement for a Director of Finance below and select your interested title to get hiring information.
If you are interested in becoming a Director of Finance, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director of Finance for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Director of Finance job description and responsibilities
A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.
01/03/2022: Schenectady, NY
Finance Director, given additional responsibility for managing pricing, proposal development; supply agreement approval.
01/27/2022: Salem, OR
Financial directors review any capital request and take on the approval process while the controllers of finance process the requests.
01/21/2022: Provo, UT
The duties of a Director of Finance are to manage the financial and accounting control functions of an organization.
12/20/2021: Racine, WI
They’re also commonly tasked with managing one or more corporate finance departments, such as accounting or payroll.
01/21/2022: Boston, MA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Director of Finance jobs
Becoming a director of finance requires a combination of education and relevant work experience.
02/26/2022: Sioux Falls, SD
They must also be good team players, with management skills to lead the finance department.
02/16/2022: Olympia, WA
At least 10 years of accounting and finance experience.
02/23/2022: Seattle, WA
Create partnerships with the other stakeholders.
01/04/2022: Phoenix, AZ
The Finance Director should have strong people skills, be a team player and be a proficient multitasker.
01/22/2022: Kingsport, TN
Step 3: View the best colleges and universities for Director of Finance.
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