What are the responsibilities and job description for the Area Director of Finance - Limelight Mammoth & Ketchum position at Aspen Skiing Company?
Company Description
Owned and operated by Aspen Hospitality, Limelight Hotels are your home base in the places you want to explore most. The contemporary properties are set in the heart of authentic outdoor and urban communities, and each hotel is deeply connected to its surroundings – offering a unique adventure for every guest. The guest experience is an intentional journey and the elevated, yet unpretentious nature of the stay allows guests to feel nurtured and at ease. A constant across all properties is a commitment to sustainability, unmatched hospitality, and access to an Adventure Concierge to ensure a memorable stay. Limelight’s pet-friendly hotels are located in Aspen, Colorado, just steps from the downtown core; Snowmass, Colorado, offering ski-in/ski-out access to the mountain; Ketchum, Idaho, near the base of Sun Valley’s famed ski area and walking distance to town; and in Downtown Denver, Colorado, adjacent to Union Station. Two new Limelight Hotels are slated to open in Mammoth, California, and Boulder, Colorado in 2025. Learn more at www.LimelightHotels.com.
Job Description
Position Summary
The Area Director of Finance is responsible for the strategic and procedural financial operations for multiple properties. The duties and responsibilities of your position will include supervising and directing the financial and accounting activities of the hotels under their scope. This includes AP, AR, credit and collections, payroll, cash management, internal controls, auditing, general ledger, financial statements, taxes, and budgeting. This position reports to the Vice President of Finance & Hotel General Managers.
The budgeted salary range for this position is $120,000 - $150,000. Actual pay will be dependent on budget and experience.
Job Posting Deadline
Applications for this position will be accepted until May 11, 2025.
Essential Job Functions/Key Job Responsibilities
• Create and execute business plans that are aligned with the properties and brand’s business strategies
• Plan, organize, direct and control the financial operations while ensuring the security of hotel assets, maximizing the return on investment, providing timely and accurate reporting and analysis of results and integrity of the management information systems
• As a member of the hotel’s Executive Committee, the Director of Finance is a highly visible role with exposure to Senior Corporate leaders and Asset Managers of owning entities
• Lead in the completion, review and presentation of monthly forecasts, annual operating and capital budgets and business plans prepared by hotel management team to provide stakeholders with reasonable and achievable guidelines of performance aligned with the Company’s and brand’s strategic direction
• Prepare accurate, timely and complete monthly financial statements with detailed workpapers and schedules in accordance with the company’s policies and procedures, applicable hotel management agreements, and Generally Accepted Accounting Principles (GAAP)
• Responsible for risk management to preserve hotel property and reduce potential liability claims
• Manage and control receivables, payables, credit, payroll, cash handling, and treasury functions with the hotel’s accounting department staff
• Distribute outlook and forecast information as an up-to-date management tool for operating departments, review and analyze variance versus actual results to measure and improve accuracy
• Maintain insurance coverage for protection against property losses and potential liabilities and ensure that all licenses, permits, contracts and legal agreements are up to date
• Use financial and operational performance analysis, including benchmarking, to maximize hotel’s revenue, GOP flow-through and bottom-line financial return
• Comply with record retention as required for internal and external audits, coordinate audit visits, respond to auditor requests, government regulations, federal, state and local laws and contractual agreements, including CBA’s
• Monitor purchasing/ordering/delivery compliance, analyze reports from company-mandated buying programs, and approve all purchases, and expenses
• Other duties as assigned
Qualifications
Education & Experience Requirements
• Bachelor’s degree in Finance or related field
• Minimum of 7 years as a Director of Finance in a hotel
Knowledge, Skills & Abilities
• Knowledge with hotel property management software, point of sale systems, electronic time clock systems, spreadsheet software and other hotel applications
• Knowledge of budgeting, forecasting, and capital project accounting
• Proficient knowledge in Microsoft Word, Excel and PowerPoint
• Proficient knowledge of all aspects of hotel accounting Ability to analyze and improve processes to enhance efficiency and effectiveness.
• Ability to cross collaborate with cross-functional teams, including finance, operations, and sales, to ensure integrated project execution
• Ability to lead by utilizing interpersonal and communication skills to influence and encourage others, advocate for sound financial decisions, and lead by example
• Strong interpersonal skills and possession of a full understanding of professional business ethics with team and guests
• Excellent oral (presentation) and written communication and organization skills
• Ability to effectively analyze and use operational, financial, and marketing data to maintain and improve market share/penetration goals
• Ability to work well under deadline pressure and to quickly adapt to a constantly changing market
• Ability develop and implement local accounting and financial control procedures and systems to ensure key controls, safeguard assets, improve operations and profitability
• Ability to provide leadership by clearly communicating financial concepts when rolling out initiatives and projects, measures and reports on actual versus anticipated results
• Ability to develop, implement and monitor hotel-specific accounts receivable credit and collection practices in compliance with company-level policies and procedures
• Ability to follow company policies and local standard operating procedures
Additional Information
Work Environment & Physical Demands
• Ability to stand, type and sit at desk/computer for most of the work shift executing repetitive movements
• No adverse or hazardous conditions
• Not required, but preferred to be able to occasionally lift, push or pull 25 lbs. individually or with assistance
Job Benefits
This position is classified as a regular full-time position eligible for the following benefits:
Enrollment dates differ across the various programs.
• Health, Dental and Vision Insurance Programs
• Flexible Spending Account Programs
• Life Insurance Programs
• Paid Time Off Programs
• Paid Leave Programs
• 401(k) Savings Plan
• Employee Ski Pass and Dependent Ski Passes
• Other company perks
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. By accepting a position with Aspen One, Aspen Snowmass, Aspen Ventures or Aspen Hospitality you acknowledge that you are able to perform the essential functions of the job with or without reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job. To request accommodation during the application and interviewing process, please contact Human Resources at 970-300-7700.
This job description is designed to indicate the general nature and level of work. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this job. Duties and responsibilities may change at any time with or without notice.
Aspen One is an equal opportunity employer (Minority/Female/Disabled/Veteran). At Aspen One, inclusion, equity, and diversity are fundamental to fulfilling our vision of building a better workplace and better world. From our hiring practices through the entire employee experience, we embrace and celebrate the unique experiences, perspectives and cultural backgrounds that each employee brings to the workplace. We encourage diverse points of view which allows us to develop innovative solutions to the ever-evolving world of work. Aspen One strives to foster an environment where our employees feel respected, valued and empowered, and our team members are at the forefront of helping us promote and sustain an inclusive workplace that works for all.
For an overview of Aspen One Company's benefits and other compensation visit www.aspensnowmass.com/employment/benefits-and-perks
Aspen One participates in E-Verify.
E-Verify & Right to Work Poster
Salary : $120,000 - $150,000