Be part of our Finance team as Director of Finance at the Grand Hyatt Indian Wells Resort and Spa. Located in Greater Palm Springs, Grand Hyatt features 531 newly transformed luxury guestrooms, suites, casita-style villas, and two brand new Celebrity Chef food & beverage venues. Set within the perfect backdrop of scenic Indian Wells, this property is a destination favorite as it is positioned to take hospitality to a new level in the destination.At Hyatt, we believe our guests select Hyatt because of our caring and attentive associates who are focused on providing efficient service and meaningful experiences.
As a member of the Leadership Committee, the Director of Finance is a highly visible role with exposure to Senior and Corporate leadership. This position reports to the hotel General Manager. The Director of Finance plans, organizes, directs, and controls the accounting and control function of the division, reports operational results, and provides financial support to hotel management.
The role of the hotel Director of Finance as the hotel’s “Chief Financial Officer” can be categorized into four main areas of discipline as described below.
- Financial Management : oversight of generating accurate and reliable financial reports, data, and analysis, month-end financial close, forecasting / budgeting, internal / external audits, owner / corporate reporting, etc.
- Operational Leadership : cultivating finance talents and non-finance functional team leaders in financial literacy; prioritizing inclusion, diversity, and equity; colleague wellbeing; operational efficiency improvement; accountability, etc.
- Internal Controls and Risk : risk assessment and risk mitigation, maintaining internal controls and segregation of duties, keeping up with local legislation changes, contract / license / permit administration, etc.
- Business Partner : providing actionable analytical insights to maximize business results, providing financial perspectives and insights to support strategic decision-making, implementing processes, and partnering with the operational team to optimize the targeted results and track and measure the performances, etc.
Duties include :
Responsible for short and long-term planning and the management of the Accounting functionParticipate in total hotel management as a member of the Hotel Leadership CommitteeManage and lead hotel on-site accounting functions to ensure proper fiscal management, timely and accurate reporting and analysis for the hotel. This responsibility also includes hotel financial planning, budgeting, accounting, and cash managementAssist in nurturing the important relationship with the owners. Be responsible for supervising and coordinating owner reporting as required. Provide custom reports, respond quickly to questions or requests, and attend meetingsProvide Actionable Analytical Insights to maximize core business results as well as forward looking to enhance and evolutionize hotel performance and to optimize stakeholder values on long term strategiesEnable disciplined resource allocation to promote and enable smart and proactive decisionsManage SOX complianceComplete the year-end audit process. Review and approve all reconciliations and audit work papers. Coordinate external auditor's visits, respond to auditor requests, approve any and all adjustments, reconcile the audit numbers to the property numbers and approve the final auditPrepare and review all monthly and annual financial statements. Investigate, review and analyze the variance explanations, involving the department managers in this process. Take initiative to manage and troubleshoot for respective cost controls and revenue enhancementAid in the preparation and final review of the annual business plansSupervise the Information Technology function. Additionally have a sound understanding of the hotel operational and back office systems as well as Microsoft Office productsHave a sound understanding of the forecasting system and the tools from Revenue Management. Review monthly and quarterly property financial forecasts. Assure that the forecast is attainableCoach and counsel employees to reflect Hyatt service standards and procedures Hyatt associates work in an environment that demands exceptional performance yet reaps great rewards.Cultivate people leaders so that they are more enabled and accountable for advancing care for colleaguesPrioritize Inclusion, diversity, and equityMonitor and keep up with organization behavior and industry trends that create valuesMaintain accountability of business strategic initiatives without compromising the core business values, relationships, and missionEmbrace change – technology enabled management using collaboration tools to reduce manual work and new behavioral techniques to get the best of the staff’s talentThe salary range for this position is $135,000 - $160,000. This position is eligible for Incentive Compensation bonus. This is the pay range for this position that Grand Hyatt Indian Wells reasonably expects to pay. Decisions regarding individual salaries will be based on a number of factors, such as experience and education.
Benefits :
Hyatt colleagues work in an environment that demands exceptional performance yet reaps great rewards. Hyatt has the best to offer including :
Medical, Dental, and Vision after 30 days of Full-Time employmentPaid holidays, vacation and sick leaveLife Insurance,401K with Matching, Flexible Spending Account (FSA), Employee Assistance Program, Tuition Reimbursement, Complimentary Employee Meal, Complimentary Parking, Referral BonusesFree room nights, Discounted room nights and Friends and Family discounts (subject to waiting periods)Unlimited growth potential with Hyatt. Ability to relocate for advancement opportunities in the futureTeaching hotel where you can learn from some ofthe best in the businessHyatt is an Equal Opportunity Employer – M / F / Veteran / Disability / Sexual Orientation / Gender Identity
Demonstrated ability to effectively interact with people of diverse socioeconomic, cultural, disability, and ethnic backgrounds6 years or more of progressive hotel Accounting experienceWith opening hotels, previous hotel pre-opening experience preferredService oriented style with professional presentations skillsHospitality or Accounting degree preferredMust possess the following strengths : high energy, entrepreneurial spirit, motivational leader, effective communicator, effective in providing exceptional customer service and ability to improve the bottom lineClear concise written and verbal communication skills in EnglishMust be an advanced user of Microsoft Word and ExcelMust have excellent organizational, interpersonal and administrative skillsMaintain communications with Corporate Staff
Salary : $135,000 - $160,000
