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Director of Finance

Millennium Hotels - Lakefront Anchorage
Anchorage, AK Full Time
POSTED ON 2/20/2025
AVAILABLE BEFORE 4/19/2025
Director of Finance -Salaried Exempt
The Lakefront, Anchorage hotel (formerly the Millennium Hotel) is recruiting for salaried exempt, (not subject to overtime) Director Finance to join our team. At the Lakefront Anchorage Hotel, we strive to deliver a memorable experience for our guests. Situated on the shores of scenic Lake Spenard, one mile from Anchorage International Airport and four miles from downtown Anchorage, the Lakefront Anchorage Hotel is the perfect starting point to explore the many wonders Alaska has to offer. The Lakefront Anchorage Hotel boasts 248 rooms and three outstanding food and beverage outlets.

The role of the Director of Finance is responsible for the planning, directing and management of accurate, timely and objective financial data from which informed management decisions can be made. This position will participate in total hotel management as a member of the Executive Committee.

Typical duties of the Director of Finance include:
  • Direct the property’s financial and accounting activities, including but not limited to cash management, accounts receivable, accounts payable, revenue and cost allocations, payroll administration, purchasing, and capital projects
  • Maintain the general ledger, manage month-end financial closing, accruals, adjustments and journal postings, bank and accounts reconciliations, operating inventory, capital and fixed assets, and related depreciations and amortizations
  • Develop, implement, and manage the property’s annual operating, financial, and capital budgets and monthly forecasts in line with corporate parameters and guidelines
  • Weekly, monthly, quarterly and annual filed reporting requirements. Generate balance sheets and profit and loss statements, metrics and variance analysis of actual performance against budgets, forecasts and prior periods.
  • Utilize and/or create reports through Citrix, Microsoft Dynamics GP and Excel as needed.
  • Schedule monthly safe audits, retail and operating inventories.
  • Manage daily cash flow and position, initiate processing of wires, ACH's and Transfers as needed.
  • Coordinate project conversions as they are implemented and rolled-out, e.g. PMS, credit card processing, purchasing systems, new reporting or processes, and year-end processing. Perform initial review of all contracts for the property and maintain compliance
  • Coordinate internal and external property audits, manage internal controls and compliance, including compliance with PCI-DSS
The successful applicant will:
  • Bachelor Degree in hospitality, Finance, Accounting or Business; or equivalent experience. (College level accounting courses are required if degree is not in Accounting or Finance).
  • CPA or Master Degree in Finance, Accounting or related.
  • 5 years' experience as a full-service hotel controller or similar.
  • Experience with Microsoft Dynamics GP, Micros POS and Opera.
  • In-depth knowledge of the hospitality industry and legal and contractual agreements.
  • Strong interpersonal and team building skills.
  • High level of written and verbal communication skills.
  • Computer skills including:
  • Microsoft Office: Outlook, Word, PowerPoint
  • Advanced Excel user; hands-on ability to prepare, manipulate and reformulate spreadsheets.
  • Project management skills and experience.
  • Full understanding of PCI DSS.
  • Ability to travel (if needed) for audits and emergency coverage. (Travel time ranges from 0% to 75% in any single month).
  • Work as a productive team member by contributing positive energy.
  • Be professional and respectful in all interactions with guests and associates.
  • Patience, tact and diplomacy.
The Lakefront offers a very competitive benefit package including medical, dental, and vision. Plus a 401k with an employer contribution.

Apply online at https://millenniumanchorage.applicantstack.com/x/openings
  • Millennium Hotels is an equal opportunity employer and does not discriminate based on disability, veteran status or any other basis protected under federal, state or local laws.
  • Millennium Hotel is a drug free workplace. We conduct pre-employment drug tests and criminal background checks on all applicants after a job offer.
  • Millennium Hotels participates in the electronic employment eligibility verification program commonly referred to as E-Verify.
This job posting is not intended to detail every aspect of your job or list every task you may perform. It is provided as a general overview of the responsibilities and skills required to do this job successfully.

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