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Director of Finance

HM Alpha Hotels & Resorts
Charlotte, NC Full Time
POSTED ON 12/28/2024 CLOSED ON 1/26/2025

What are the responsibilities and job description for the Director of Finance position at HM Alpha Hotels & Resorts?

The Director of Finance will oversee financial strategy, planning, and operations to ensure the hotel's fiscal health and profitability.

Responsibilities

  • Prepare and review all journal vouchers, month-end reports and reconciliations
  • Review preliminary financial statements with Finance team.
  • Lead monthly financial reviews and present the reports
  • Supervise Accounting staff and the Information Technology functions of the hotel including coaching and counseling associates to reflect service standards and procedures, interviewing, training and evaluating performance of staff.
  • Manage and help oversee 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 management Systems administration, G/L account reconciliations, budget preparations, inventories, monthly closings and full P&L responsibility.
  • Assist with managing and ensuring SOX compliance
  • Complete the year-end audit process. Review and approve all reconciliations and audit work papers.
  • Participate in and respond to auditor requests to ensure total hotel compliance.
  • Help prepare all monthly and annual financial statements.
  • Investigate, review and analyze the variance explanations, involving the department staff in this process.
  • Take initiative to manage trouble shooting for respective cost controls and revenue enhancement
  • Assist General Manager with special reporting and analysis projects
  • Present financial data to ownership group and to DDC Home office monthly/ quarterly.
  • Fully and solely responsible for hotel accounting compliance (procedures, results, reporting) as mandated by State and Federal government

Education and Experience

  • Accounting degree required
  • 5 years or more of progressive Accounting experience, preferably in a hotel
  • Experience supervising Accounting staff members
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