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Director of Finance

Sand & Sea
Santa Monica, CA Full Time
POSTED ON 3/8/2025
AVAILABLE BEFORE 5/8/2025

PROPERTY:


Shore Hotel


TITLE:


Director of Finance (Shared Services)


DEPARTMENT:


Accounting


STATUS:


Exempt, Full Time, Regular (Salary $155K)


SUPERVISED BY:


General Manager (Dotted line reporting to CEO)


SUPERVISES:


Assistant Director of Finance and Accounting Managers


The Director of Finance is responsible for planning, directing, and managing the provision of accurate, timely, and objective financial data from which informed management decisions can be made. A major responsibility includes ensuring compliance with Shore Hotel policies and procedures and all applicable laws. Recommend remedial action when and where necessary and safeguard owner assets by creating and maintaining sound internal control systems.

ESSENTIAL DUTIES:


  • Development, analysis, and interpretation of statistical and accounting information to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the organization's fiscal soundness and operating effectiveness.
  • Prepare balance sheets, profit and loss statements, and other reports to summarize the hotel’s current and projected financial position. Support management and hotel financial goals.
  • Manage and direct the Accounting Staff. Responsible for evaluating the performance of personnel in the accounting department including recommendations for training requirements; hiring of staff and changes in responsibilities for staff.
  • Ensure compliance with all Shore Hotel policies and applicable laws.
  • Maintains the company’s system of accounts and keeps books and records of all company transactions and assets. Works with the outside CPA to assist in the preparation of all financial reports and tax returns for the organization.
  • Prepares reports that outline the company’s financial position in the areas of income, expenses and earnings on a regular basis to meet the economic objectives and policies of the organization.
  • Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures (including the cost accounting system, and fixed asset management), and analyzes and reports variances.
  • Assists with weekly, monthly, and annual reporting, including consolidated hotel analytical and statistical reports.
  • Furnishes internal reports, revises and updates reports to be more useful and efficient, and furnishes external reports to CPA, bank, and governmental agencies.
  • Responsible for generating internal reports to assist in the evaluation and recommendations for insurance coverage for protection against property losses and potential liabilities.
  • The Director of Finance has the final responsibility for providing the organization and its management with the appropriate financial and operating information necessary. This individual and the accounting staff is expected to work closely with other department groups on problems involving accounting systems and financial planning.
  • Among the duties of this position are management reporting and policymaking as it pertains to the department.
  • Ensure the collection and payment of applicable local, state and federal taxes.
  • Is a member of the Executive Committee
  • Performs other incidental and related duties as required and assigned.


ESSENTIAL JOB QUALIFICATIONS & COMPENTENCIES:

Proven success in the following job competencies:

  • Honesty; has honest, direct, and factual communication and actions with internal and external customers.
  • Collaboration; proactive in building supporting, nurturing, and service-oriented relationships with employees; works collaboratively to resolve problems and enhance productivity; Remains open to others' ideas and tries new things.
  • Integrity & Loyalty; conducts self with high level of ethics and makes decisions with honest intentions that are in the best interest of the company and employees. Keeps commitments; inspires the trust of others; Works with a high level of integrity and ethically; Upholds organizational values.
  • Humble; conducts self and treats all employees with respect; without arrogance, degradation, or coercion; treats all employees with equal regardless of position/status.
  • Innovation; constantly searches for best practices in technology, services, and procedures. Displays original thinking and creativity; Meets challenges with resourcefulness; Generates suggestions for improving work; Develops innovative approaches and ideas.
  • Analytical: Highly detail-oriented, proficient with managing, editing, analyzing large volumes of complex numerical data.
  • Flexible; considers others point of view to find the best solution for customer and company; proven ability to be flexible and adapt to change; adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation; able to deal with frequent change, delays.
  • Problem Solving: Uses a professional, neutral/unbiased, and highly diplomatic inter-personal approach.
  • Interpersonal: Customer focused and effective relationship-building skills; ability to effectively interact with all employee levels; frontline, Managers, Directors, Executives;
  • Diversity: Strong commitment to diversity and equality in a company culture.
  • Communication: Strong communication (verbal and written) and presentation skills.
  • Multi-Tasking: Ability to operate under pressure in a fast paced environment; able to deliver effective results, meet tight deadlines and targets.


EXPERIENCE:


  • At least 5-8 years of hospitality accounting experience.
  • Knowledge of Accpac database and accounting computer application systems
  • Excellent financial analysis capabilities and organizational skills.
  • Knowledge of MS Office products
  • Excellent interpersonal skills with the ability to work with ownership, management and staff personnel.
  • Strong verbal and written communication skills; and excellent interpersonal skills with the ability to maintain cooperative working relationships with vendors, the public and staff at all levels.
  • Excellent organization and planning skills to manage multiple projects and meet deadlines in fast-paced work environment
  • Ability to work productively in a team-orientated environment, as well as independently and to be flexible and responsive.
  • Must be proficient in Microsoft Word, Excel, PowerPoint, and Outlook. Experience in Opera and IDeaS preferred.


EDUCATION:


  • Bachelor’s Degree in accounting or finance (MBA preferred),


WORKING CONDITIONS & PHYSICAL WORK DEMANDS:

  • Able to sit and work at a computer keyboard for extended periods of time.
  • Able to stoop, kneel, bend at the waist and reach on a daily basis.
  • Able to lift and move up to 20 pounds occasionally.
  • Regular and on-time attendance is critical.
  • Hours occasionally exceed 40 hours per week.


OTHER:

  • Other duties as assigned.


Note:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required and is not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job.

Salary : $155,000

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