Director of Finance - Limelight Boulder

Company Description

Owned and operated by Aspen Hospitality, Limelight Hotels are your home base in the places you want to explore most. The contemporary properties are set in the heart of authentic outdoor and urban communities, and each hotel is deeply connected to its surroundings – offering a unique adventure for every guest. The guest experience is an intentional journey and the elevated, yet unpretentious nature of the stay allows guests to feel nurtured and at ease. A constant across all properties is a commitment to sustainability, unmatched hospitality, and access to an Adventure Concierge to ensure a memorable stay. Limelight’s pet-friendly hotels are located in Aspen, Colorado, just steps from the downtown core; Snowmass, Colorado, offering ski-in/ski-out access to the mountain; Ketchum, Idaho, near the base of Sun Valley’s famed ski area and walking distance to town; and in Downtown Denver, Colorado, adjacent to Union Station. Two new Limelight Hotels are slated to open in Mammoth, California, and Boulder, Colorado in 2025. Learn more at www.LimelightHotels.com. 

Job Description

Summary
The Director of Finance is responsible for overseeing the general accounting operations of the hotel. This position is responsible for implementing and maintaining a system of internal controls that will ensure that company assets are adequately safeguarded and that all financial reporting is prepared in compliance with all financial policies. This position reports to the Senior Director of Finance.

The budgeted salary range for this position is $120,000 - $150,000. Actual pay will be dependent on budget and experience, all our salaried roles are eligible for bonus.

Job Posting Deadline
Applications for this position will be accepted until January 26, 2025.

Essential Job Functions
•    Oversee and maintain operational standards for the following functions: accounting, cash handling, accounts payable, accounts receivable income audit, systems support and payroll support 
•    Maintain accurate accounting and financial records in compliance with company policies and procedures and generally accepted accounting principles (GAAP)
•    Maintain accounting standard operating procedures for treasury, banking, accounts receivable, inventories, fixed assets, accounts payable, financial reporting, payroll and all internal controls
•    Manage preparation of daily, weekly, monthly, and annual financial reporting to hotel operations, parent company and ownership
•    Maintain ProfitSword infrastructure including user administration, chart of accounts, financial reporting and data integrity Develop and execute innovative business plans aligned with the company’s and brand’s strategic direction
•    Forecast working capital analysis and cash flow ensuring cash requirements are sufficient
•    Maintain a clean balance sheet with all accounts reconciled monthly and ensures items are clearing properly with no stale outstanding items to report out with accurate documentation and value of inventories on hand
•    Maintain fixed asset schedule including depreciation schedule for all fixed assets. Removes assets that are disposed of and accounts for all in accordance with GAAP    
•    Manage and control exposure to bad debt losses and ensure collection of overdue payments by maintaining procedures for credit and collection in accordance with company policies and procedures
•    Act as a liaison with Aspen One accounting to ensure adherence to company policies and procedures regarding treasury, banking, tax preparation, property insurance, and annual audits
•    Manage recurring capital process including capital requests, tracking of costs against approved budget, closing out completed projects and setting up of fixed assets
•    Other duties as assigned

Qualifications

Education & Experience
•    Bachelor’s degree in Accounting or Finance required
•    5 or more years of experience leading hotel finance and accounting division 

Knowledge, Skills & Abilities
•    Knowledge with hotel property management software, point of sale systems, electronic time clock systems, spreadsheet software and other hotel applications
•    Knowledge of budgeting, forecasting, and capital project accounting 
•    Proficient knowledge in Microsoft Word, Excel and PowerPoint
•    Proficient knowledge of all aspects of hotel accounting
•    Ability to analyze and improve processes to enhance efficiency and effectiveness.
•    Ability to cross collaborate with cross-functional teams, including finance, operations, and sales, to ensure integrated project execution
•    Ability to leadership by utilizing interpersonal and communication skills to infl