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Task Force Director of Finance

Company: Crescent Hotels & Resorts Headquarters
Location: Fairfax
Posted on: March 20, 2023

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.



-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:

-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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