Task Force Director of Finance
Company: Crescent Hotels & Resorts Headquarters
Location: Fairfax
Posted on: March 20, 2023
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Job Description:
If you enjoy working for a hands-on and passionate team who
celebrates innovation, diversity and forward-thinking, we want to
speak to you! Crescent Hotels & Resorts is looking for a highly
motivated Task Force Director of Finance who will be responsible
for providing ethical and consistent leadership in the financial
area of the hotel by supplying management with guidance, training
and support.
This role can have the successful candidate living anywhere in the
United States with the understanding that it is 100 percent travel
based with assignments across the country as needed. Hotel
experience is required for this role.
RESPONSIBILITIES
Financial:
-Acts as the "Chief Business Officer" to the general manager and EC
Team, and as such is responsible for evaluating the financial
impact on business decisions.
-Ensure that all levels of management are promptly notified of any
financial deviations from established policies and/or control
weaknesses in the hotel.
-Effectively manage and communicate cash flow related issues, as
required to management and ownership. This includes the accurate
and timely preparation of cash-flow statements, management of
receivables, cash balances, control mechanisms and timely deposits
of all funds.
-Monitor hotel revenues and expenses and ensure the accurate
recording in accordance with Crescent Hotels and Resorts
established guidelines. Investigate and critique variances to
budget or to prior year and offer practical improvement strategies
to management.
-Monitor the capital planning process by assisting management with
calculation of return on capital improvements, gathering support
and monitoring the bid process, and evaluating scope of work and
specifications.
-Ensure hotels' compliance on all regulatory licenses and permits,
leases, contracts, legal agreements, and the proper execution of
all operational taxes. Provide assistance to management in
enforcing compliance on all these items.
-Coordinate the completion of all forecasts and budgets as
required, with the full and active participation of EC Team and
department managers.
-Analyze financial data and operations in order to assist and
advise management in maintaining the hotels' financial
objectives.
-Ensure that all balance sheet accounts, including bank
reconciliation's are reconciled on a timely basis.
-Establish and continually audit all internal financial controls
including purchasing, cash handling, disbursements, credit
extension, inventories, hotel assets, master keys, payroll, and
employee records.
-Embrace a continuous growth environment by actively hiring
professional staff and assisting in recruiting, reviewing,
recommending and maintaining an inventory of qualified and
promotable Associates that can potentially become Directors of
Finance, Assistant Directors of Finance, Accounting Managers, and
other managers for the organization.
-Continually focus on training and development programs for finance
associates to cultivate the "brightest" and "best" talent within
the industry.
-Hire, train, supervise and develop staff, including coaching,
counseling and discipline.
-Maintain compliance with Crescent Hotels and Resorts standards and
regulations to ensure safe and efficient operation of the
hotel.
-Ensure proper utilization, maintenance and periodic upgrades of
all IT systems and equipment.
-Direct and/or prepare all financial reports in accordance with IHR
requirements meeting various due dates and deadlines:
Requirements:
-A minimum 3-5 years of Hotel Finance experience.
-Bachelor's degree in finance, accounting or any related field.
-Must be willing, able and available to travel on short notice and
spend multiple nights away from home.
Why Join Us:
-Competitive health benefits
-Paid holidays, vacation, and PTO
-Tuition reimbursement program
-Discounted hotel rooms for family and friends
-Inclusive culture
For applicants who will be working in NYC, Colorado or Washington,
the anticipated compensation range for the position is 105K-135K
annually. The salary offered to a successful candidate will be
dependent on several factors that may include but are not limited
to years of experience within the job, years of experience within
the required industry, education, work location, etc. Crescent
Hotels is a multi-state employer and the salary ranges indicated
herein may not reflect positions that work only in other
states.
Keywords: Crescent Hotels & Resorts Headquarters, Washington DC , Task Force Director of Finance, Accounting, Auditing , Fairfax, DC
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