The Director of Finance is responsible for all activities related to budgeting, forecasting, profit and loss reporting, and account reconciliation for operating and balance sheet accounts for our hotel location. This role directly oversees all accounting activities related to income auditing, cashiering, accounts payable processing, accounts receivable collection, tax compliance, payroll and month end processing. Ensuring financial controls, accurate reporting and profitability is a big job and not for the faint of heart, but you will not be alone. This position is a high-profile Executive Committee position. Management-level associates are expected to work as much of each workday as is necessary to complete their job responsibilities; for OEM associates, overtime does apply and is calculated accordingly.

Qualifications

• Possess a 4-year Bachelor Degree in Finance/Accounting and a minimum of 5 years of experience in a finance leadership position or a 5+ year history of progressive career growth in hotel finance (or in a similar industry)
• Experience with budgeting, forecasting, profit and loss reporting and balancing ledgers for operating and balance sheet accounts
• Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
• Ability to use logic to define a problem, collect information, establish facts, draw valid conclusions, interpret information and deal with abstract variables for unique or unfamiliar situations
• Proven leadership and coaching skills with a track record of developing a highly motivated and cross trained group of progressive accounting professionals
• Ability to clearly and concisely present technical subjects
• Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
• Ability to comprehend and use technical or professional language, either written or spoken, to communicate complex ideas
• Superior Computer skills: Microsoft Office, POS/PMS systems, and the ability to create, maintain and analyze data in Excel spreadsheets
• Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours, based on business needs
• Supervises and leads the professional development a dynamic finance team
• Demonstrate Leadership and Strategic Decision Making
• Thinks creatively and practically to develop, execute and implement business strategies
• Utilizes effective interpersonal and communication skills to lead, influence and drive the performance of others
• Leads by example by demonstrating honesty and integrity in all business and personnel decisions
• Leverages strong financial and operational leadership skills to guide the executive team, influence property focus areas and to lead own department
• Communicates complex financial concepts and expectations in a clear manner that drive results
• Possesses behavioral styles that conveys confidence and commands respect from others
• Maintains peak performance levels under pressure and in a dynamic work environment

Responsibilities

• Verifies the accuracy and timeliness of all finance functions: daily and month end reporting, payroll processing, income audit, accounts payable, accounts receivable, and cash and credit card management
• Completes comprehensive month end close to include preparing journal entries and accruals, completing cost of sales entries, reconciling balance sheet accounts, ensuring proper tax reporting and analyzing profit performance
• Develop and Achieve Financial Goals
• Creates the annual operating plan that is aligned with the company's strategic direction
• Provides analytical tools and support to department heads during budget preparation
• Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels
• Implements and upholds business practices that positively support our obsession with having sales driven culture
• Ensures monthly P&Ls reflect accurate revenues, expenses and cost of sales calculations
• Analyzes daily, monthly variances between actual, forecasted and budgeted performance
• Advises GM and executive team on existing and upcoming financial and operational issues
• Analyzes financial data and operational and market trends to identify opportunities for improvement
• Leads the property in developing and maintaining a strong labor culture that maximizes productivity performance
• Facilitates monthly P&L reviews to uncover challenges, opportunities and trends
• Manages capital expense budget and reconciles expenditures monthly
• Ensures strong accounting and operational controls to safeguard assets and maximize profits
• Oversees internal and city audit processes
• Manages the accurate collection, posting and reconciliation of occupancy taxes, sales taxes and transient marketing district (TMD)fees
• Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation
• Provides continuous direction to and education of the operational team in all areas related to finance, financial reports, internal controls, labor management, payroll, month end reconciliation, P&L performance, etc.
• Fosters strong professional relationships with the entire management group by providing direct counsel and feedback that positively impacts the performance of the business and sharpens the financial acumen of the team
• Conducts ongoing coaching and annual reviews to influence positive team development
• Cross trains team members to support successful department operations
• Sets high standards for performance and holds the team accountable for results
• Supports and brings to life the property's core values and service culture
• Access to back of house areas of the hotel and sensitive information
• Demonstrated ability to handle cash, prepare and deposit cash drops, secure and balance bank
• Interact and occasionally have unsupervised contact with guests and/or colleagues
• Access and control to sensitive areas in the hotel premises, including the Hotel Safe, Master Keys and/or guestrooms, Storage/Liquor Room, and secured file cabinets
• Drive safely on behalf of the company for business reasons
• Maintain a high level of trust and responsibility
• Represent the company with certain level of reputation and good character as well as exercise sound judgement

Property Information At A Glance Contemporary design meets casual sophistication at this Marina del Rey, CA hotel. The newly renovated Hotel MdR - A Doubletree by Hilton Hotel boasts a prime location in Marina del Rey and is located near Abbot Kinney in Venice, Santa Monica. The hotel is just four miles from LAX Airport, making it the ideal destination for work or play. Enjoy Marina del Rey’s temperate year-round climate while dining al fresco at Barbianca Local Kitchen. This indoor/outdoor bar and restaurant overlooks the pool and serves a delightful selection of northern Italian cuisine with a Napa Valley twist. Being near ‘Silicon Beach,’ our hotel is surrounded by innovation, technology and creativity. Companies such as Google, YouTube, Sony Pictures and Electronic Arts are our neighbors, making Hotel MdR the ideal home base for business travelers visiting the Los Angeles area. Plan a conference, special event or wedding at this stylish hotel for an unforgettable experience. Our 5,000 sq. ft. facility offers spaces unlike any other hotel in Marina del Rey. The 283 guest rooms deliver convenience and comfort. Enjoy excellent guest room amenities and up-to-date necessities including flat screen televisions and complimentary wireless Internet access. Work up a sweat at our state-of-the-art fitness center and relax in our resort-style pool. Highlights - Adjacent to Marina Marketplace featuring 40 shops, restaurants and entertainment options - Easy access to Santa Monica, Downtown LA, Hollywood, Beverly Hills and four miles from LAX - Barbianca Local Kitchen, an indoor-outdoor full-service restaurant and bar - 5,000 sq. ft. of meeting space, including a 3,000 sq. ft. ballroom - Complimentary WiFi throughout the hotel - Pet-friendly hotel About Evolution Hospitality As the dedicated lifestyle vertical at Aimbridge, Evolution Hospitality creates distinct lifestyle experiences and drives performance throughout our curated collection of independent, luxury, boutique, lifestyle, and soft brand hotels, as well as restaurants, bars, and lounges throughout North America. At Evolution Hospitality, our focus on equal parts culture and results is what determines who makes the cut to be a part of this talented group, both at the corporate office and in the field. Honesty and humility are just as important as intellect and ability, and each member of the team embraces the challenge of becoming a better human being, both personally and professionally, as part of the package. And it’s this magical combination of brilliant, caring individuals that makes Evolution Hospitality the world-class operation it is today.