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Director of Finance

Pyramid Global Hospitality
Kennebunkport, ME Full Time
POSTED ON 2/17/2025
AVAILABLE BEFORE 5/16/2025

Property

About Us

At Pyramid Global Hospitality, people come first. As a company that values its employees, Pyramid Global Hospitality is dedicated to creating a supportive and inclusive work environment that fosters diversity, growth, development, and wellbeing. Our commitment to a People First culture is reflected in our approach to employee development, employee benefits and our dedication to building meaningful relationships. Pyramid Global Hospitality offers a range of employment benefits, including comprehensive health insurance, retirement plans, and paid time off, as well as unique perks such as on-site wellness programs, local discounts, and employee rates on hotel stays. In addition, Pyramid Global Hospitality is committed to providing ongoing training and development opportunities to help our people build the skills and knowledge they need to advance their careers. Whether you are just starting out in the hospitality industry or are a seasoned professional, Pyramid Global Hospitality offers a supportive and collaborative work environment that encourages growth and fosters success, in over 230 properties worldwide. Join their team and experience the benefits of working for a company that values its employees and is committed to creating exceptional guest experiences. Check out this video for more information on our great company!

PGH-BMC

Location Description

Welcome to The Colony Hotel in the picturesque setting of Maine, proudly part of the Pyramid Global Hospitality portfolio. Offering 110 charming guest rooms and 10,000 sq ft of versatile meeting space, The Colony Hotel is more than just a place to stay-it's a coastal retreat that seamlessly integrates comfort with career opportunities. Nestled along the scenic coastline of Maine, The Colony Hotel embodies the work culture fostered by Pyramid Global Hospitality, where professional growth and seizing opportunities take center stage. As a member of the Pyramid Global team, you'll enjoy benefits such as a 401k with a company match and recognition programs tailored to celebrate your achievements. Join us at The Colony Hotel, where your pathway to a fulfilling career is guided by an excellent People First Culture. It's about being part of a professional team that understands the unique charm of Maine while supporting your individual career journey. Welcome to a professional environment within Pyramid Global Hospitality that encourages your personal and professional development amidst the coastal beauty of Maine!

Overview

The Director of Finance will assume the role of a detail-oriented, professional, well-balanced financial overseer who will be responsible for the timeliness and accuracy of all daily, weekly, monthly, and annual financial information. The Director of Finance will also be responsible for management of the Accounting Department.

The Director of Finance will be a part of the Executive Committee. This committee drives the property through leadership and entrepreneur attitudes.

ESSENTIAL FUNCTIONS :

  • Prepare within conjunction with General Manager and Department Heads, all operational budgets and forecasts.
  • Prepare cash flow forecast on a monthly basis.
  • Oversee preparation of accurate and timely monthly financial statements.
  • Develop and maintain internal controls in all departments.
  • Maintain all contracts, leases and other legal and financial records.
  • Implement and support property operating policies and procedures.
  • Operate in compliance with all local, state and federal laws and government regulations.
  • Ensure property is in compliance with Management Contract.
  • Assist in development of Risk Management program. Maintain insurance (general liability, property and Worker's Compensation) programs.
  • Coordinate all financial audits by outside concerns.
  • Coordinate all internal financial training and development of department heads and managers.
  • Prepare periodic presentations at owner's meetings.

Qualifications

  • The candidate assuming this role must have a bachelor's degree in either Hospitality or accounting / finance / business. The candidate must have a minimum of intermediate accounting coursework.
  • A minimum of five years Hotel Accounting experience as Director of Finance in a similar sized property.
  • Strong written and verbal communication skills.
  • Ability to manage balance sheet activity and reconcile accounts monthly
  • Ability to analyze work flow and develop efficiencies
  • Experience with Cash flow management and preparing cash flow forecasts for properties.
  • Ability to lead and develop Finance team members for career growth
  • Proficiency in forecasting and budgeting.
  • Compensation Range

    The compensation for this position is $85,000.00 / Yr. - $95,000.00 / Yr. based on qualifications and experience.

    Salary : $85,000 - $95,000

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