DIRECTOR OF FINANCE

Company: The Crescent Hotels Group
Location: New York
Posted on: March 3, 2025

Job Description:

DescriptionAt Crescent Hotels & Resorts, we are a team of hospitality professionals that are deeply connected to & proud of the exceptional experiences we provide for our guests. More than that, we know our Associates are the shining stars of what we do! We understand what it takes to be a part of something great. We will encourage you to bring your true self to work every day, we will celebrate you and we will cheer you on as you shine bright in your career journey. Whether it be our health & wellness programs, best in class learning and development or our travel discounts that 'feed your inner explorer', we work hard to create and deliver on what YOU need. We are ready for you to start your journey with us where You Belong. We Care. Shine Bright.The 33 Seaport Hotel NYC is looking for our next great management team member to lead our Finance team. We are committed to providing you with:

• Highly competitive wages
• An exceptional benefit plan for eligible associates & your family members
• 401K matching program for eligible associates
• Discounts with our Crescent managed properties in North America for you & your family members.Here is what you will be doing each day:The Director of Finance is responsible for providing ethical and consistent leadership in the financial area of the hotel by supplying management with guidance, training, and support. The role focuses on profitability, maintaining accurate financial reporting, ensuring internal controls, compliance with regulations, and safeguarding assets.
  • Evaluate the financial impact on business decisions.
  • Ensure that all levels of management are promptly notified of any financial deviations from established policies and/or control weaknesses in the hotel.
  • Effectively manage and communicate cash flow related issues, including the accurate preparation of cash-flow statements and timely deposits of all funds.
  • Monitor hotel revenues and expenses ensuring accurate recording in accordance with established guidelines. Investigate and critique variances to budget or prior year and offer improvement strategies.
  • Monitor the capital planning process by assisting management with calculations and evaluating scope of work.
  • Ensure compliance on all regulatory licenses, permits, leases, contracts, and taxes.
  • Coordinate the completion of all forecasts and budgets with the management team.
  • Analyze financial data and operations to assist management in maintaining financial objectives.
  • Ensure timely reconciliation of all balance sheet accounts, including bank reconciliations.
  • Establish and audit all internal financial controls.
  • Embrace a continuous growth environment by actively hiring and developing staff.
  • Maintain compliance with standards and regulations for safe and efficient hotel operation.
  • Ensure proper utilization and maintenance of all IT systems and equipment.
  • Direct and prepare all financial reports in accordance with requirements.
  • Review and submit daily revenue and labor reports.
  • Distribute and discuss weekly G/L report with department managers.
  • Update GM on any unfavorable financial issues impacting the month.
  • Ensure sufficient cash to meet scheduled obligations.
  • Perform any other job-related duties as assigned.Does this sound like you?
    • A minimum of 5 years of experience in Hotel Accounting as a Director of Finance.
    • Experience with Birchstreet, M3, and ProfitSage systems is a plus.
    • College Degree in Accounting.
    • Excellent computer skills.
    • Strong verbal and written communication skills.
    • Excellent leadership skills.Our differences are what make us great:At Crescent Hotels & Resorts we strive to create a great place to work where associates at all levels are respected for their differences. We are dedicated to creating an environment that facilitates open conversations about race, equity, diversity, and inclusion.For applicants working in NYC, the anticipated compensation range for the position is $110,000 - $120,000 annually. The salary offered to a successful candidate will depend on factors including years of experience, education, and work location.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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Keywords: The Crescent Hotels Group, New York , DIRECTOR OF FINANCE, Accounting, Auditing , New York, New York