Director of Finance

Extell Hospitality Services

Extell Hospitality Services

Extell Hospitality Services is a dynamic extension of Extell Development Company, blending expertise in asset management, hotel and food & beverage operations with fiscal precision and innovative marketing. Headquartered in New York City and Deer Valley, Utah, Extell Hospitality Services is committed to elevating the art of hospitality with strategic, results-driven excellence.

Location

Nestled within the picturesque landscape of Deer Valley, Utah, the Canopy by Hilton at Deer Valley is located adjacent to the Jordanelle Express Gondola Deer Valley providing guests with easy access to skiing during the season. Canopy at Deer Valley will boast an enchanting evolution of this renowned ski destination over the years. As guests embark through the seasons, experiencing the thrill of downhill descents and the tranquility of snow-laden forests, all while enveloped in the warmth and hospitality of the Canopy at Deer Valley.

Overview

The Director of Finance will play a critical role in the financial success of Canopy by Hilton at Deer Valley, overseeing all budgeting, forecasting, cost control, and financial reporting. This Deer Valley-based position requires expertise in managing complex financial operations, including pre-opening budgets, monthly financial reporting, and oversight of multiple F&B operations. The ideal candidate will be a strategic leader who thrives in a fast-paced environment and can ensure alignment with ownership, asset management, and brand partners.

Key Responsibilities

• Budgeting and Accountability
  • Develop, monitor, and manage pre-opening and operational budgets and ensuring adherence to financial goals.
  • Ensure all expense line items are tied to approved budgets, adjusting as necessary.
  • Conduct one-on-one meetings with department heads to ensure budgets are understood, checkbooks are balanced, and productivity-focused scheduling is implemented.
• Cost Control and Financial Oversight
  • Implement and enforce cost control measures across all departments.
  • Supervise payroll processes and purchasing activities to maintain fiscal accountability.
  • Conduct weekly labor reviews, comparing actuals to schedules, and adjust staffing levels as needed to optimize costs.
• Franchise and Brand Partner Engagement
  • Monitor and analyze ROI from brand contributions, including Hilton’s marketing and loyalty programs, ensuring alignment with property goals.
  • Collaborate with Hilton and Canopy representatives to leverage brand support and maintain compliance with standards.

• Monthly Reporting
  • Ensure timely and accurate delivery of all required financial and operational reports, including:
    • Standard financial statements (Trial Balance, Operating Statement, Balance Sheet, Statement of Cash Flows) with departmental schedules per the Uniform System of Accounts.
    • Hotel performance reports (e.g., Franchise, ADR, Sales, Occupancy, STR).
    • Trailing 12-month NOI statements.
    • Franchise/management inspection and formal Hotel Manager reports.

• Technology and Financial Systems
  • Demonstrated proficiency in using various financial and operation