Director of Finance

About Us:

Warwick Allerton Chicago, a premier hotel located in the heart of downtown Chicago, is renowned for its exceptional service and luxurious accommodations. As we continue to provide unparalleled hospitality experiences, we are seeking a dedicated and detail-oriented Staff Accountant to join our dynamic team.

Summary:

Join the Warwick Hotels and Resorts family as the Director of Finance at our Warwick Allerton Chicago location. At Warwick, we deeply value our team members and provide a supportive, collaborative environment where hard work and dedication are celebrated. As Director of Finance, you will lead the financial strategy and operations of the hotel, ensuring profitability, financial stability, and long-term growth.

• Leadership & Financial Operations: Oversee all financial operations of the hotel, including asset protection, financial reporting, budgeting, cash flow management, payroll, accounts receivable/payable, and general ledger transactions.
• Financial Strategy & Planning: Work closely with the General Manager and Executive Committee to develop and implement strategic financial plans, including annual budgets, forecasts, and capital expenditure (CAPEX) plans.
• Advisory Role: Serve as a financial advisor to the General Manager and department heads, providing actionable insights and financial analysis to maximize profitability, cost efficiency, and business performance.
• Cash Flow & Budgeting: Manage cash flow, ensuring accurate, timely deposits, proper reconciliation of bank accounts, and adherence to budget forecasts. Regularly review and adjust financial strategies to ensure financial goals are met.
• Financial Reporting & Analysis: Prepare and review monthly, quarterly, and annual financial statements, including analysis of financial outcomes, profit margins, expenses, and key performance indicators (KPIs).
• Compliance & Audits: Ensure compliance with all federal, state, and local regulations, including tax planning, payroll taxes, and reporting. Oversee and coordinate the audit process and internal control mechanisms.
• Operational Efficiency: Monitor financial performance in relation to operational activities, investigating variances to budget and prior-year results. Recommend improvements in operational practices that can boost financial outcomes.
• Team Leadership & Development: Lead, supervise, train, and develop the finance team. Encourage continuous growth through mentoring, coaching, and performance evaluations.
• Cross-Department Collaboration: Collaborate with other departments to manage costs, review revenue streams, and ensure financial accuracy in all hotel operations.
• Additional Duties: Perform other financial and administrative duties as required, including participation in executive team meetings and strategic initiatives to support the hotel’s goals.

• Education: A four-year degree in Accounting, Finance, Business Management, or a related field (or equivalent professional experience).
• Experience: A minimum of 7 years of progressive experience in financial management, including at least 4 years in a leadership role within the hospitality industry. Experience in a unionized hotel environment is a plus.
• Skills:
• Strong analytical and problem-solving skills with exceptional attention to detail.
• Expertise in Microsoft Excel, Word, PowerPoint, and accounting software.
• Excellent organizational, communication, and interpersonal skills.
• Ability to present financial information to non-financial stakeholders effectively.
• Leadership: Proven track record of leading, developing, and mentoring finance teams, ensuring high performance and alignment with hotel goals.
• Work Schedule: This position is typically Monday to Friday, with flexibility to accommodate business needs.

Benefits:

• Competitive salary
• Health, dental, and vision insurance
• Paid time off and holiday pay
• Employee discounts on hotel stays and dining

Warwick Allerton Chicago is an Equal Opportunity Employer.