What are the responsibilities and job description for the Area Director of Finance position at Sage Restaurant Group?
Area Director of Finance Santa Monica, California Apply Now
Sage Hospitality Group is looking for an Area Director of Finance to join us supporting the Embassy Suites by Hilton Irvine Orange County Airport and the Pierside Santa Monica.
As part of Sage Hospitality Group, we passionately strive to be the best and create excellence in everything we do. We believe in enriching lives one experience at a time. By providing genuine service we build relationships with our guests and value for our shareholders, and we create unforgettable experiences.
We are looking for independent thinkers. Those who harness their entrepreneurial spirit so that it breaks preconceived notions. We welcome risk takers and creative spirits alike. No matter your daily role, Sage recognizes that your success is about more than the work you do—it’s really about who you are, which is why we invest in your personal and professional growth. We hope you consider joining us!
Job Overview
The Area Director of Finance is the financial leader of assigned hotels. Oversees all areas in finance, especially payroll, budgeting, forecasting, and relevant duties. Supporting multiple hotels requires excellent leadership skills, providing accurate and timely financial reports as requested by leadership and corporate. Implements internal control procedures that safeguard leaders, owner, assets and comply with Federal, State, and Local regulations.
Responsibilities
- Supports multiple hotels across all areas of financial compliance and reporting, budgeting development, and management.
- Assists in the operation of each leader's department and special projects. Identifies risks and presents solutions that guide leaders in making effective decisions that meet the financial interests of the hotels.
- Develops annual operating budget, operating plan, and financial goals. Achieves budgeted revenues, costs, and profits through financial diligence and expenditure controls.
- Sets written priorities and key objectives for each department head quarterly including action plans and completion dates. Follows up to assure successful implementation and takes corrective action if objectives are not met.
- Monthly forecasting of operating staff and cost expenditures. Business planning in line with forecasted sales and costs including guidance to department heads.
- Monthly review of financial statements to correct problems, assure spending is in line, and plan for future business. Reviews and approves all expenses in "other expense" categories in all departments.
- Promotes associate morale and loyalty within their department and hotel, leading to reduced turnover. Communicates, counsels, and assists in staff development.
- Assures level of experience, knowledge, and ability to meet job requirements of all hotel management. Reviews controls and assures adherence at all times to protect the hotel's property / assets.
- Reviews sales solicitation activities, room nights productivity, and group room rates sold by sales. Evaluates market mix and takes action to best position the hotel for increased business.
- Reviews monthly financial statements with property leaders and provides strategic guidance for changes in business needs to ensure profit margins align with the business plan.
Other Responsibilities
Supervisory Duties
3-5 Associates
Qualifications
Education / Formal Training
A four-year college degree (preferably in finance, business, or accounting) or equivalent education / experience.
Experience
Five to ten years of employment in a related position with this company or other organization(s).
Knowledge / Skills
Physical Demands
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Lifting, pushing, pulling, carrying - limited lifting, pushing, pulling, carrying up to 15-20 lbs. Generally boxes, computer equipment. Bending / kneeling - limited bending / kneeling required when arranging supplies or equipment. Mobility - limited mobility between offices and departments.
Eligible to participate in Sage bonus plan, unlimited paid time off, 401(k) program with employer matching, health savings and flexible spending accounts, basic life and AD&D insurance, company-paid short-term disability, paid FMLA leave for up to 12 weeks, Employee Assistance Program, great discounts on hotels, restaurants, and much more.
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