What are the responsibilities and job description for the Director of Finance position at The Charlston Place?
JOB DESCRIPTION:
The Director of Finance (DOF) Is responsible for safeguarding the hotel assets and financial resources contributing towards maximizing hotel profitability. This role provides timely and accurate financial information and counsel to hotel senior management (and ownership) and ensures the hotel operates within corporate policies and procedures and applicable regulatory standards. As a member of the Executive Committee, the DOF is a highly visible role with exposure to Senior and Corporate leadership. The DoF will be a key business partner to the leadership of the organization. The ideal candidate will be relentlessly focused on the integrity of the financial health of the organization and embody BHC’s organizational goals and objectives.
DUTIES & RESPONSIBILITIES:
- Develop and execute financial strategies aligned with the hotel’s business objectives
- Lead the budgeting, forecasting, and long-term financial planning processes
- Participate in total hotel management as a member of the Hotel Executive Committee
- Provide financial insights to support strategic decision-making by hotel leadership
- Ensure cost control initiatives and drive profitability improvements
- Oversee the accuracy of property financial statements in compliance with GAAP and USALI standards.
- Ensure compliance with internal controls, and financial policies
- Promote financial literacy across operational teams to enhance financial discipline and efficiency
- Review all monthly and annual financial statements. Investigate, review, and analyze the variance explanations, involving the department managers in this process. Take initiative to manage trouble shooting for respective cost controls and revenue enhancement
- Guide department leads on labor standards and reporting metrics
- Oversee the Purchasing function to ensure the procurement platforms are utilized effectively and resources are maximized
- Implement process improvements through automation and technology enhancements
- Coach and counsel employees to reflect BHC’s service standards and procedures
REQUIRED SKILLS & EXPERIENCE:
- Bachelor's degree in accounting, Finance, or related field; CPA, CMA, or MBA preferred
- 7-10 years of progressive experience in hotel of hospitality finance
- At least 2-4 years in a senior finance leadership role, preferably within a full-service or luxury hotel
- Strong understanding of USALI, GAAP, and hospitality financial reporting standards
- Proven skills in budgeting, forecasting, and financial planning
- Proficiency in hotel financial systems
- Advanced Excel skills
- Ability to collaborate effectively with hotel operations, corporate leadership, and external partners
- Knowledge of labor cost management, capital expenditures, and long-term financial planning in the hospitality sector.
- Strong organizational and time management skills, with the ability to be responsive and balance priorities, work activities and resources, in a fast-paced, cross-functional environment
- Collaborative mindset – ability to listen to others and guide a team of senior leaders and many others in reaching common goals, doing so with tact, grace, and gratitude
- Demonstrate the highest standards of ethical behavior and absolute discretion with sensitive information
- Makes decisions with integrity, maintains confidentiality but understands transparency
PHYSICAL REQUIREMENTS:
The physical demands described here are representative of those that must be met by a colleague to successfully perform the essential functions of this job:
- Sitting for Extended Periods – Spending long hours at a desk, working on financial reports, budgets, and analysis.
- Computer & Screen Use – Prolonged use of computers and digital screens for financial modeling, data entry, and presentations, requiring good near vision and focus.
- Mobility for Meetings & Site Visits – Moving between offices, meeting rooms, and occasionally visiting different properties (hotels/restaurants) to review financial operations.
- Carrying Documents & Equipment – Occasionally handling laptops, financial reports, and binders, typically up to 10-20 lbs.
- Manual Dexterity – Using a keyboard, mouse, and other office equipment efficiently for data entry, calculations, and document preparation.
The Charleston Place participates in E-Verify
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BHC is an equal employment opportunity employer. Employment decisions are based on merit and business needs, and are not based on race, color, sex (including pregnancy, childbirth, and related medical conditions), citizenship status, national origin, ancestry, gender identity or expression, sexual orientation, age, religion, creed, physical or mental disability, marital status, veteran status, uniformed service, political affiliation, genetic information, or any other factor or characteristic protected by applicable law.
