Director Of Finance

About Us

HEI Hotels and Resorts is a leading hotel management company with a portfolio of upscale hotels across the U.S. We value our associates, providing industry-leading tools, training, and support to ensure their success.

Overview

The Controller oversees financial activities for a branded, upscale hotel in Connecticut, safeguarding assets and preparing financial reports according to generally accepted accounting principles and HEI Hotels and Resorts standards.

Responsibilities

• Executive Committee Responsibilities
• Perform special financial analysis as needed and provide practical solutions from a cost vs. benefits viewpoint.
• Actively participate in Executive Committee and staff meetings.
• Assist other managers in analyzing statements, distributions, and other financial data.
• Support and comply with property standards and Corporate SOPs.
• Financial and Accounting Practices, Procedures, and Policies
• Skill in correcting deficiencies identified on Internal Audit reports.
• Effective use of the Controller's Checklist.
• Maintain effective cash control systems with audits and reports for each period.
• Review security over assets and auditing inventories.
• Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions.
• Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor.
• Budget Preparation
• Schedule and coordinate the preparation and presentation of the annual operating budget.
• Coordinate all aspects of the capital expenditures budget according to SOP.
• Capital Expenditure Control
• Control the Capital Expenditure program and complete ROI Analysis.
• Financial Objectives
• Complete entries required for preparation of the financial statements.
• Inform the General Manager and HEI Corporate management of current and potential financial problems.
• Keep management informed of sales and profit attainment throughout the period.
• Coordinate the property's labor management system.
• Accounts Receivable
• Maintain appropriate standards for 60-90 day accounts.
• Document local credit policy and audit property compliance.
• Approve major accounts for credit as defined by local policy.
• Conduct credit and write-off meetings as requested.
• Submit accurate and timely critiques and credit loss reports as required.
• Review major banquet functions and group accounts for proper credit extensions prior to arrival.
• Maintain standard regarding level of bad debt expenses as related to credit sales.
• Aggressively fulfill accounts receivable management responsibilities to maximize receivable realizations.
• Responses to Corporate Staff
• Complete financial required reports and requests from HEI Corporate offices.
• Establish other reports or documents outside of SOPs as needed.
• Balances in Asset and Liability Accounts
• Reconcile account balances on a current basis.
• Establish balances in accruals, pre-paid, and other accounts using proper accrual methods and expense realization logic.
• Calculate various turn ratios and days available for major asset categories and compare to standards.
• Work with Department Managers to control inventory balances according to established realistic pars.
• Comply with company procedures on deferring payments.
• Management of Department
• Maintain and update job descriptions and standards for the department.
• Ability to comply with corporate and local policies for wages paid (increases and timing).
• Establish an effective cross-training program within the department.
• Identify, screen, and attract management candidates from outside the company.
• Comply with attendance rules and be available to work on a regular basis.
• Perform any other job duties as assigned.

Qualifications

• Bachelor's degree in Accounting or Hotel Management.
• Three or more years of experience in Hotel or Hospitality-related Finance and Accounting.
• Analytical approach to problems, regard for detail, and accuracy.
• Assertive personality and professional demeanor.
• Effective verbal and written communication skills, with ability to adapt communication style to suit different audiences.

Benefits

HEI Hotels and Resorts offers a comprehensive benefit program that includes Medical and Dental insurance through Anthem Blue Cross Blue Shield, Vision insurance through EyeMed, Vacation, Sick, and Holiday programs, pet insurance through the ASPCA, and a 401(k) Savings Plan with matching funds.

We proudly partner with DailyPay, a voluntary benefit that allows our associates access to their earnings when they want them.

HEI Hotels and Resorts is an equal opportunity employer, committed to diversity and inclusion.