Director of Finance

Memphis, TN Full Time
POSTED ON 11/10/2022
DIRECTOR OF FINANCE POSITION PROFILE
Reports to the General Manager, the position is exempt

WHO WE ARE
Hotels done differently. It is not just a slogan or catch phrase, it is who we are in everything we do. We believe in the power of People, Place, and Character; ensuring our properties are a place where individuals are valued and celebrated as a tribute to the neighborhoods and the people of the communities in which we operate; elevating our associates’ pride in who they are, where they live and who we serve.
Located in the heart of Memphis’ historic downtown, the 110-room hotel was built in 1905 as the Tennessee Trust Bank building. The building’s long history includes time as an office building, the cosmopolitan Madison Hotel, and its newest iteration, Hu. Hotel. The recent revitalization of Memphis, combined with the city’s gritty soul, has made The Bluff City a popular travel destination.
Hu. Hotel channels the spirit of the man who inspired its name. Equal parts magnate, women’s health advocate, and ascetic who helped introduce yoga to the West, Hugh “Hu.” Lawson White Brinkley was a man as ambitious and visionary as the delta in which our city resides.
The hotel is managed by Aparium Hotel Group founded in 2011 is driven by the belief that all hospitality experiences should be fueled by the poetics of their surroundings, Aparium was born with an intense focus on unearthing the amazing moments unique to every city. Since its founding, Aparium has grown into a new kind of hotel brand, one that ventures off the beaten path, both geographically and philosophically. It is a sophisticated hotel brand known for its singular ability to combine the business acumen of large hospitality companies with the charm of boutique hotels, bringing the disparate forces together in bustling, smaller markets.

WHO YOU ARE
Like a MENSA member, you enjoy solving puzzles. You enjoy travel, meeting new people and helping solve their puzzles. You are detail oriented and your experiences have led you to understand that there is an art science to the how and what a Finance professional is responsible for; the passion to understand & support the direction of the business and the importance of knowing how people drive the success of the company. You enjoy the camaraderie of a team and know that everyone plays an important role, no matter their title. When one of the members of the team goes down, you are the first to jump in and pick them up. Your experience and history will drive how you approach this role, but you are always striving to learn more. Mistakes are tools for learning. While you hate making them, you understand that they are a part of growth and own them. Glasses are always half full to you and laughter is the best medicine.

THE ROLE
We believe every individual should be proud of who they are, where they come from, and take pride in who we serve. We are in search of a diverse leader for the role of Assistant Director of Finance. This position is responsible for promoting and adhering to GAAP compliance and alignment with the AHLA Uniform System of Accounts. It is crucial this role position themselves as the go-to person in the hotel for support, coaching, and education on company accounting processes, procedures, and practices. The Assistant Director of Finance reports to the Director of Finance, collaborates closely with their peers who are the Executive Committee, and the Aparium Finance team in achieving financially sound and strategic business decisions.
WHAT YOU WILL DO
  • Reinforce the company's Art Science ideologies to ensure the experiences of translocal hospitality, intuitive service, and collaboration are implemented and modeled by yourself and every leader of the hotel
  • Actively participate in the interviewing, hiring, training, scheduling, coaching, and motivating associates to create an environment that nurtures ideas and develops a future talent for succession planning
  • Ensure a sense of belonging for associates by upholding the company’s values and guidelines for a Respectful Workplace, Diverse, Equitable, and Inclusive environment, behaviors outlined within the Manager Code of Conduct, and Work Rules outlined in the Associate Handbook
  • Role model the company’s open-door policy and employee engagement practices, which makes the hotel a great place to work; demonstrate a positive work ethic and environment; consistently guide and monitor business ethics and good business practice; perform other job-related duties as requested
  • Lead and be responsible for the accounting and finance procedures, practices, and policies for the hotel, ensuring the execution and of all accounting tasks and required deadlines are achieved
  • Lead the month end processing regarding accurate Accounts Payable and Account Receivables
  • Act as liaison to other hotel departments and assist with finance department issues
  • Timely resolution of guest phone inquiries
  • Resolve all credit card disputes and charge backs in a timely manner
  • Count daily deposits and maintain bank service pick-ups
  • Supervise and perform billing and collection efforts
  • Evaluate credit worthiness for all potential guests and client billing
  • Timely and accurate processing of payroll
  • Perform regular payroll audits while maintaining and enforcing payroll policies and procedures
  • Collaborate with Human Resource on payroll, benefit and associate issues
  • Be the liaison with payroll vendor on issues and concerns
  • Ensure proper cash on hand while enforcing all cash policies and procedures
  • Reconcile vendor statements, perform weekly payables and daily invoice posting
POSITION REQUIREMENTS
  • A minimum of two (2) years of progressive accounting and finance management experience; we like to see that you have worked yourself up the ranks, so you understand the responsibilities and tasks of your team
  • A bachelor’s degree in Accounting, Finance, or Hospitality is preferred though not required if you have years of proven experience
  • Having a background in hotel accounting would be great so you understand the intricacies and vernacular of hotel accounting, specifically AHLA Uniform System of Accounts
  • Willing to work a flexible schedule as sometimes “month-end” responsibilities and tasks need extra attention to ensure accuracy

HOW YOU LEAD
  • Highly analytical in thought and recommendations; although will never act like the smartest person in the room; continually seek out the facts; can express a point of view without it being driven by an ego
  • Engages others in general conversation tactics to build rapport quickly; can lead and adapt communication and presentation tactics to engage an audience; displays adaptable interpersonal skills for a wide range of audiences and stakeholders
  • Approaches fact-finding and discovery missions in a collaborative effort; values input and experiences of others that creates additional insight to uncover deeper issues that need to be addressed or removed as a barrier to implementation
  • Passionate in driving results of their effort and others; can influence others to take direction to execute on the strategy through tactical methods; is comfortable in prioritizing their work and that of others
  • Comfortable in being a “general” in identifying strategic needs, yet can be a “soldier” to ensure the implementation of a strategic plan is implemented
  • Values the importance of making decisions with integrity, maintaining confidentiality across internal workgroups, and knows how to use discretion when appropriate; understands the difference between transparency and confidentiality.

As an Equal Opportunity Employer, Aparium Hospitality Services celebrates diversity and is committed to creating an equitable and inclusive environment and a sense of belonging. We do not discriminate and believe every individual should be proud of who they are, where they come from, and take pride in who we serve.'

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