Area Director Finance OEM - $128,000 Annual

Job Summary

Evolution Hospitality welcomed two brand new hotels in Palo Alto, California in 2021, Hotel Citrine, Tribute Portfolio and AC Palo Alto.

Hotel Citrine, a Tribute Portfolio Hotel, we invite you to travel lightly and live brightly. We believe in captivating design, vibrant social scenes, and authentic experiences. Thoughtfully integrating sustainability, we are dedicated to offering an exceptional, intuitive experience for guests who want to make mindful and eco-conscious hotel choice in Silicon Valley. AC Hotels by Marriott celebrates the beauty of classic modern design with its European soul and Spanish roots. Born from the entrepreneurial spirit of renowned hotelier Antonio Catalan. The brand offers concept-driven, turn-key customization of guest room and public space design. With flexible open spaces, purposeful design, signature moments and no unwanted extras, guests maximize their stay with style and intention.

 

This is an executive leader position. 

 

The Area 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 up to 4 hotels. 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.

Responsibilities

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 head