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Director of Finance - ONET Job Title: (Financial Managers, Branch or Department)
Industry: Rooming and Boarding Houses share on twitter share on Facebook
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Job Title:   Director of Finance
ONET Job Title:   Financial Managers, Branch or Department
Industry:   Rooming and Boarding Houses
Job Type:   Full Time
Job Shift:   Rotating
Job Location:   St. Thomas
Minimum Education:   Bachelors Degree
Degree Title:   Hotel Accounting/Finance
Career Level:   Executive (SVP, VP, Department Head, etc)
Minimum Experience:   6 Years
Apply By:   Dec 31, 2015
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Job Description:

The Director of Finance is responsible for all accounting and financial requirements, also for providing financial support, advice and expertise to the General Manager and hotel team, with the aim of maximizing value. The main responsibilities of a Director of Finance are managing the accounting records and financial reports, providing an effective control, developing best practice financial accounting and control procedures, supporting, advising and developing his/her team. Responsible for providing direct leadership for Accounts Payable, Accounts Receivable, Purchasing, I.T., and Payroll functions. Must conduct monthly review of financial statement in order to correct problems, assure spending is in line and to plan for future business. Review and approve all expenses in "other expense" categories in all departments. Regularly review all major expenses to assure that monies are wisely expended. Ensures compliance with company and hotel policies and procedures; and supports the corporate and local legal functions as well


Skills Required

·          Effectively manage and communicate cash flow related issues.  This includes the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds.

·          Monitor hotel revenues and expenses and ensure the accurate recording in accordance with Sugar Bay Resort & Spa’s established guidelines.  Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.

·          Monitor the capital planning process by assisting management with the calculation of return on capital improvements, gathering support and monitoring the bid process, and ensuring proper upkeep of the property by evaluating scope of work and specifications.

·          Ensure hotels’ compliance on all regulatory licenses and permits, leases, contracts, legal agreements, and the proper execution of all operational taxes.  Provide assistance to management in enforcing compliance on all these items.

·          Analyze financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.

·          Ensure that all balance sheet accounts, including bank reconciliation’s are reconciled on a timely basis.

·          Establish and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.

·          Embrace a continuous growth environment by actively assisting in recruiting, reviewing, recommending and maintaining an inventory of Directors of Financial Services, Assistant Directors of Financial Services, Assistant Directors of Financial Services Trainees, Accounting Managers, and other managers for the organization.

·          Continually focus on training and development programs for the Accounting associates to cultivate the “brightest” and “best” talent within the industry.

·          Ensure implementation and completion of all Accounting Key Competencies, both management and hourly.

·          Hire, train, supervise and develop staff, including coaching, counseling and discipline.

·          Maintain compliance with Sugar Bay Resort & Spa’ standards and regulations to ensure safe and efficient operation of the hotel.

·          Ensure the proper utilization, maintenance and periodic upgrades of all equipment.

·          Directs or prepares all financial reports in accordance with Sugar Bay Resort & Spa’s requirements meeting various due dates and deadlines, i.e.,

 

                Weekly:                 A/R & A/P Aging                 Flash Reports       Payroll Reports              Revenue Updates

                Monthly:                               Financial Statements          Forecasting           Key Statistics Report      Cash Flow

                Annual:                 Budgets                                 5-Year Plans         5-Year Capital Plans

 

·          Conduct and/or attend and contribute to periodic meetings to maintain favorable working relationships among employees and promote maximum morale, productivity, and efficiency.

 

                Executive Committee         Sales and Service                 Financial Review                 Departmental

                Budget & Forecast              Credit & Collection             Sugar Bay Resort & Spa Business Review

 

·          Monitor hotels’ compliance in meeting required report deadlines and due dates and react accordingly.

·          Monitor the accurate production of the hotel daily operating report.


Company Information More jobs from this company 
Company Name: SugarBay Resort and Spa
Company Description:
Resort and Spa
        
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