Overview
Join the CoralTree Hospitality Team : A Culture of Passion, Innovation, and Excellence
We are looking for a Director of Finance to join us at the beautiful Galleria Park Hotel!
At CoralTree Hospitality, we’re driven by a passion for hospitality and an unwavering commitment to excellence. Our success stems from a dynamic and thriving team member culture built on collaboration, enthusiasm, and a shared vision of delivering outstanding experiences. Our team is the heartbeat of everything we do, and we believe that a positive, supportive workplace is essential to creating exceptional guest experiences.
We’re looking for individuals who not only embody our core values but are also eager to contribute to a culture where high performance is celebrated and cultivating relationships is the standard. As a team member at CoralTree, you won’t just be a team member—you’ll be a cultural ambassador, upholding and promoting the values that define us. We seek passionate professionals who are dedicated to providing extraordinary service and camaraderie while continually striving to elevate our performance and standards.
To thrive here, you need to be a high performer who enjoys building relationships and consistently exceeds expectations. At Galleria Park Hotel, we believe in supporting our team’s personal and professional growth, ensuring that your contributions lead to both individual and collective success so first-time Directors of Finance are welcome to apply!
Benefits
- Eligible to participate in CoralTree hospitality generous incentive plan
- Medical, dental, and vision insurance plus additional critical illness, accident insurance, etc.
- Eligible to participate in the Company’s 401(k) program with employer matching and generous eligibility waiting period.
- Health savings and flexible spending accounts
- Life and AD&D insurance
- Team member Assistance Program
- Great travel benefits within the CoralTree Hospitality portfolio
Salary
USD $130,000.00 - USD $140,000.00 / Yr.
Role Overview
Director of Finance
The Director of Finance serves as the financial leader of the hotel, overseeing all aspects of financial management, with a particular focus on payroll, budgeting, forecasting, and other key financial duties. This role requires exceptional leadership skills to ensure accurate and timely financial reporting, both for leadership and our home office. The Director of Finance is also responsible for implementing robust internal control procedures that protect the organization’s leaders, assets, and owners, while ensuring compliance with all Federal, State, and Local regulations.
Responsibilities :
Support the operations of each department by assisting leadership and managing special projects. Identify potential risks and offer solutions that help leaders make effective decisions aligned with the financial interests of the hotel.Develop the annual operating budget, financial goals, and operating plan. Achieve budgeted revenues, costs, and profits through diligent accounting practices, expenditure controls, and effective financial management.Establish written priorities and key objectives for each department head on a quarterly basis, including action plans and completion dates. Follow up to ensure successful implementation and take corrective actions if objectives are not met.Prepare monthly forecasts for operating staff and cost expenditures, aligning business plans with forecasted sales and costs. Provide guidance to department heads to ensure financial targets are met.Review monthly financial statements to identify and correct issues, ensure spending is within budget, and plan for future business needs. Continuously monitor major expenses to ensure funds are being used wisely.Foster a positive work environment by promoting team member morale and loyalty, which contributes to reduced turnover. Communicate regularly with team members, offer counsel, and assist in their development. Ensure visibility and availability to all team members in line with the company's open-door policy. Attend monthly department meetings when possible.Conduct performance appraisals and personal development plans for management staff. Identify areas of underperformance and outline improvement actions, including corrective or disciplinary measures when necessary.Ensure all hotel management has the experience, knowledge, and ability to meet job requirements. Review cost controls regularly and ensure adherence to safeguard the hotel’s property and assets.Oversee sales solicitation activities, room night productivity, and group room rates. Evaluate individual productivity and implement corrective actions when needed. Review market mix and take action to position the hotel for increased business opportunities.Actively participate in sales efforts by reviewing contracts, meeting with the sales department, and engaging key accounts both in person and by phone.Supervise and ensure all payroll duties are completed promptly, and supervise the work of the paymaster of the hotel.Qualifications
Education / Formal Training
A four-year college degree (accounting preferred) or equivalent education / experience.
Experience
Minimum of 3 years’ experience in a related position within finance. Supervisory and leadership experience is a must.
Knowledge / Skills
Requires knowledge of all hotel accounting functions performed by the team members reporting directly or indirectly.Requires advanced knowledge of the accounting, finance and hospitality professions.Requires the ability to analyze activities or information involving some original data manipulation or interpretation to arrive at logical conclusions.Office Management, cash handling, Bank Reconciliations, Preparation of State and Federal Reports, Conducting or participating in meetings, Analysis of Balance Sheet Accounts, Preparation of Journal entries, closing the books and preparing the Balance, Sheet Package.Communicate with hotel ownership as needed.Physical Demands
The physical demands described here are representative of those that must be met by a team member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Lifting, pushing, pulling, carrying -limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment.Bending / kneeling -limited bending / kneeling required when arranging supplies or equipment.Mobility -limited mobility between offices and departments. No continuous standing, climbing or driving.Excellent hearing required to train and interact with management and team membersExcellent vision required to read reports, computer, etc.J-18808-Ljbffr
Salary : $130,000 - $140,000
