Director of Finance

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Job description

Director of Finance

Location: Poconos, PA
Reports to: CFO
Department: Finance & Accounting
Job Type: Full-Time On-Site

Position Overview:

The Director of Finance will oversee the financial operations of a luxury resort hotel, ensuring accurate financial reporting, budget management, forecasting, and financial strategy. This position plays a key role in shaping the hotel's financial health and long-term growth by providing insights and leadership to the management team. The Director of Finance will work closely with department heads to achieve operational efficiency and drive profitability.

Key Responsibilities:

• Financial Planning & Analysis:
• Develop and implement financial strategies aligned with the hotel's overall business objectives.
• Prepare and analyze monthly, quarterly, and annual financial reports, ensuring accuracy and completeness.
• Lead the budgeting and forecasting processes, providing actionable insights to optimize revenue and control expenses.
• Revenue & Profitability Management:
• Monitor and analyze revenue streams, identifying opportunities for growth and cost-saving initiatives.
• Collaborate with the General Manager and department heads to drive the financial performance of the hotel.
• Implement effective financial controls to maximize profitability while maintaining exceptional guest service.
• Compliance & Risk Management:
• Ensure compliance with all local, state, and federal regulations, as well as company policies and procedures.
• Manage audits and ensure the hotel's adherence to financial reporting standards (GAAP or IFRS).
• Assess financial risks and develop strategies to mitigate them.
• Leadership & Team Management:
• Lead and mentor the finance and accounting team, fostering a culture of accountability and continuous improvement.
• Provide financial training and guidance to department managers and staff to enhance financial literacy across the organization.
• Collaborate with external auditors, tax advisors, and other financial stakeholders.
• Cash Flow & Treasury Management:
• Oversee cash flow management, ensuring optimal liquidity to meet the hotel's operational needs.
• Manage relationships with banking partners, negotiating financing and credit terms as needed.
• Cost Control & Expense Management:
• Monitor operating expenses and implement cost-saving measures without compromising service quality.
• Oversee procurement processes, ensuring the best value for the hotel's financial resources.
• Capital Projects & Asset Management:
• Evaluate and provide financial analysis for capital expenditures and long-term investment opportunities.
• Ensure the hotel's assets are maintained and properly accounted for, including inventory and property.

Qualifications:

• Bachelor's degree in finance, accounting, or related field; MBA or CPA preferred.
• In-depth knowledge of hotel/resort financial operations, including revenue management, forecasting, and budgeting.
• Strong understanding of financial regulations, reporting standards, and audit processes (GAAP/IFRS).
• Excellent leadership, communication, and interpersonal skills.
• Proficiency in financial software and systems (e.g., SAP, Oracle, or similar platforms).
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
• Strong problem-solving and analytical skills.

Benefits:

• Competitive salary and bonus structure.
• Comprehensive health, dental, and vision insurance.
• Opportunities for professional growth and development.
• Discounted travel.

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