Area Director of Finance

Posted 7 Days Ago
Be an Early Applicant
Portland, ME, USA
In-Office
Senior level
Hospitality
The Role
Oversee financial operations for two hotels, including accounting, payroll, auditing, accounts payable and receivable, budgeting, forecasting, financial reporting, compliance, and financial planning. Supervise the finance department, analyze hotel performance, prepare governmental reports, maintain financial records, and support executive leadership and operational excellence. The role requires hospitality finance experience, strong knowledge of hotel departments and regulations, and proficiency with hotel accounting, budgeting, and payroll systems.
Summary Generated by Built In

Description

The Doubletree & Tru hotels Portland are seeking an experienced and strategic Director of Finance to join our leadership team. Managed by StepStone Hospitality, this role is vital in overseeing, directing, and administering all financial operations of both hotels. The ideal candidate will bring a strong background in hospitality finance, a collaborative spirit, and the ability to drive financial performance while supporting operational excellence.

*Hotel or hospitality industry experience strongly preferred *

· Supervise the financial department, including accounts receivable, accounts payable, auditing, payroll, general accounting, and cashiers.

· Plan and implement financial procedures and systems.

· Prepare financial analysis of hotel operations.

· Prepare reports outlining hotel’s financial position in areas of income, expense, and earnings based on past, present, and future operations.

· Direct preparation of budgets and financial forecasts.

· Prepare governmental reports and handle all inquiries from governmental agencies, including the Internal Revenue Service.

· Maintain file of all contracts, insurance policies, tax reports, expenses, payroll, etc.

· Develop short- and long-term financial plans for the hotel that support overall StepStone objectives.

· Prepare annual hotel budget.

· Monitor the performance of the hotel through verification and analysis of monthly financial reports.

Participate in the Executive committee including sharing and communicating knowledge and by attending weekly or monthly meetings.

#ZR

Requirements

At least 4-6 years of related experience in accounting, finance, or corporate planning

· Must have a comprehensive knowledge of all hotel departments and functions.

· Must have a comprehensive knowledge applicable Federal, state, and local health, safety, and legal regulations.

· Must have exceptional mathematical and computer skills.

· College education and relevant training and experience required. Additional education preferred.

· Ability to timely obtain any required licenses or certificates.

· CPR training and first aid training preferred.

· Additional language ability preferred.

· Occasional travel required.

Software Experience Preferred:

M3 Accounting Core - for Accounts Payable functions & General Ledger entries

Profitsword - for Income Journal, Forecasting, & Budgeting

Paylocity - payroll functions

Hotel or hospitality industry experience strongly preferred. Experience working decentralized.  We are an EEO employer.

Skills Required

  • At least 4-6 years of related experience in accounting, finance, or corporate planning
  • Comprehensive knowledge of hotel departments and functions
  • Comprehensive knowledge of applicable federal, state, and local health, safety, and legal regulations
  • Exceptional mathematical and computer skills
  • College education and relevant training and experience
  • Ability to timely obtain any required licenses or certificates
  • Hotel or hospitality industry experience
  • CPR and first aid training
  • Additional language ability
  • Experience working in a decentralized organization
  • Experience with M3 Accounting Core
  • Experience with Profitsword
  • Experience with Paylocity
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The Company
HQ: Providence, RI

What We Do

StepStone Hospitality specializes in the management of full-service hotel and restaurant operations, aiming to create asset value for owners through a combination of hands-on operations, strategic asset management, and food and beverage expertise.

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