Director of Finance

Reposted 13 Days Ago
Be an Early Applicant
06901, Stamford, CT, USA
In-Office
150K-160K Annually
Senior level
Hospitality
The Role
Oversee hotel finance operations including accounting, budgeting, forecasting, reporting, cash flow, internal controls, payroll review, vendor purchasing, tax compliance, and lead the finance team to support strategic decision-making.
Summary Generated by Built In

Director of Finance

At Dolphin Hotels, we are committed to empowering the well-being of our guests by providing a refreshing environment, thoughtful amenities, and revitalizing programming to help ensure that they leave feeling better than when they arrived. We recognize that travel can be disruptive to our guests’ well-being, and we’re energized to assist as partners in helping them maintain control and soaring above it all while on the road. Everything we do is designed to help guests be at their best, and they appreciate our supportive attitude, anticipatory service and extensive knowledge on how to best assist them throughout their stay. We are looking for dynamic people who are excited to join the team and ready to jump into any situation to give a helping hand. If you’re someone who has is positive, adaptable and intuitive, and has a genuine interest in the well-being of others around you, we invite you to discover how at Dolphin, together we can rise.


Job Summary

The Director of Finance is responsible for overseeing the financial operations of the hotel, ensuring financial integrity, compliance, and strategic planning. This role involves managing budgeting, forecasting, reporting, and financial analysis to support the hotel’s overall goals and objectives.


Key Responsibilities:


Financial Management

  • Oversee all financial operations, including accounting, budgeting, forecasting, and financial reporting.
  • Ensure compliance with all financial regulations and internal policies.
     

Budgeting and Forecasting

  • Lead the annual budgeting process, working closely with department heads to develop accurate and realistic financial plans.
  • Prepare and analyze financial forecasts to identify trends and provide actionable insights.
     

Financial Reporting

  • Prepare and present monthly, quarterly, and annual financial statements and reports to senior management and stakeholders.
  • Analyze financial performance and variances against budget, providing recommendations for improvement.
     

Cash Flow Management

  • Monitor cash flow and manage working capital to ensure the hotel’s financial stability.
  • Develop strategies to optimize cash flow and minimize financial risks.
     

Internal Controls

  • Implement and maintain robust internal controls to safeguard the hotel’s assets and ensure financial accuracy.
  • Conduct regular audits and assessments to identify areas for improvement.
     

Team Leadership

  • Lead and develop the finance team, providing guidance, training, and performance evaluations.
  • Foster a collaborative and innovative work culture within the finance department.

 

Strategic Planning

  • Collaborate with executive management to develop financial strategies that align with the hotel’s business goals.
  • Participate in strategic decision-making, providing financial insights and analysis to support growth initiatives.
Qualifications

Qualifications and Physical Requirements:

  • Bachelor’s degree in finance, accounting, or a related field; a Master’s degree or CPA designation is preferred.
  • Minimum of 7 years of experience in finance or accounting, with at least 3 years in a leadership role within the hospitality industry.
  • Strong analytical and problem-solving skills, with attention to detail.
  • Excellent communication and interpersonal skills, capable of presenting complex financial information clearly.
  • Proficiency in financial software and Microsoft Excel; knowledge of hotel management systems is a plus.
  • Ability to work in an office environment for extended periods.
  • Flexibility to work outside standard business hours when necessary to meet deadlines or attend meetings.

Skills Required

  • Bachelor's degree in finance, accounting, or related field
  • Master's degree
  • CPA designation
  • Minimum 7 years finance or accounting experience with at least 3 years leadership in hospitality
  • In-depth knowledge of hotel finance, accounting principles, financial regulations, and tax laws
  • Lead budgeting, forecasting, financial reporting, and variance analysis
  • Proficiency in financial software and Microsoft Excel
  • Knowledge of hotel management systems
  • Experience overseeing payroll, accounts payable and receivable
  • Strong analytical and problem-solving skills with attention to detail
  • Excellent communication and interpersonal skills
  • Ability to work in an office environment for extended periods and flexibility to work outside standard hours
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The Company
350 Employees
Year Founded: 2016

What We Do

Dolphin Hotel Management is a Newport Beach, California-based hotel management company focused on managing hotels in urban and unique locations. The company specializes in hotel and restaurant management, project management, and commercial strategies, providing expert oversight to ensure operational success and strategic growth for properties situated in diverse urban environments.

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