What are the responsibilities and job description for the Director of Finance position at AD1 Global?
AD1 Global is a growing and successful Hospitality management company that is looking for an experienced Director of Finance to work in their Kissimmee, FL property the Wyndham Celebration.
JOB OVERVIEW:
Manage the financial operations of the hotel to ensure the security of the assets of the company in a centralized accounting environment.
DUTIES AND RESPONSIBILITIES:
- Manage day-to-day operations and assignments of Accounting staff, plan and organize work, communicate goals, and schedule/assign work to ensure all accounting standards are maintained. Advise staff of formal policies and procedures, identify options, and resolve issues. Recommend and/or initiate salary, disciplinary, or other staffing-related actions by company rules and policies. Alert management of potentially serious issues.
- Ensure all staff members are properly trained and have the tools and equipment needed to effectively carry out their job functions.
- Manage the accounting department including receivables, payables, and cash handling functions.
- Prepare financial analysis of hotel operations including variance explanation and make recommendations to ensure the achievement of business goals.
- Develop and implement financial control procedures and systems; maintain documents for audits of hotel accounts; ensure compliance with government regulations and contractual agreements.
- Direct preparation of budgets and financial forecasts and reporting.
- Oversee the processes of credit extension and collection of overdue accounts.
- Promote teamwork and quality service through daily communication and coordination with other departments. Key departmental contacts include Catering, Sales, Reservations, Accounting, and Front Office.
- Distribute outlook and forecast information as an up to date management tool for operating departments
- Participate in local recognized professional and industry organizations
- Review rates and recommends rate strategy to the General Manager; participate in sales strategy meetings
- Review of operating equipment stores to avoid unnecessary/excessive purchases and to eliminate (or at least be aware) of obsolete slow-moving items
- Ensure all accounts are reconciled on monthly basis, review and approve those reconciliation’s
- Ensure payments are made to IHG (All Fees and billings) as fast as possible
- Interact with outside contacts:
- Guests – to resolve billing disputes and answer questions; to provide service to accounts
- Regulatory agencies – to ensure compliance with governmental regulations and contractual agreements
- HMG Accounting staff and Regional Dir Hotel Finance – to coordinate financial/accounting information, budget preparation, clarify issues and resolve problems as needed
- May assist with other duties as assigned.
Qualifications and Requirements:
- Bachelors degree in Accounting or Finance or equivalent
- Five years in hotel accounting or internal audit with three years in a controller role, or an equivalent combination of education and experience.
- Must speak fluent English.
This job requires the ability to perform the following:
- Carrying or lifting items weighing up to 25 pounds
- Communicating with other people
Other:
- Mathematical skills, including basic math, budgeting, profit/loss concepts, percentages, and variances are utilized frequently.
- Problem-solving, reasoning, motivating, organizational and training abilities are used often.
- May be required to work nights, weekends, and/or holidays.
Job Type: Full-time
Schedule:
- 8 hour shift
Ability to Relocate:
- Orlando, FL: Relocate before starting work (Required)
Work Location: In person