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
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