Director of Finance

AD1 Global
Orlando, FL Full Time
POSTED ON 2/13/2024 CLOSED ON 3/5/2024

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

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