Director of Finance Position Available In York, Maine
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Job Description
Director of Finance
White Barn Inn
Company Description
A beloved local landmark for over 150 years, White Barn Inn is synonymous with warm New England hospitality, rustic charm and uncompromising attention to detail. Constructed in the 1860s, White Barn Inn’s original farmhouse has offered superb hospitality since the days of the Civil War. It has operated as the White Barn Inn since 1973. In October 2018, White Barn Inn was acquired by Auberge Resorts Collection, a unique portfolio of the world’s best-loved boutique luxury hotels and resorts. Just a 90-minute drive north of Boston, the inviting property is renowned as one of the country’s most distinctive getaways and features several room types, a pool, massage and spa treatments, gardens and a prime location near the sandy beaches and classic coastal town of Kennebunkport, Maine.
Job Description
You will be responsible for driving strong financial performance at the hotel while enhancing owner relationships. We look to the person in this position to deliver superior financial performance, ensure operational efficiencies, implement effective financial controls, and implement effective and efficient policies and procedures. Manage and lead the hotel’s accounting and finance functions. Lead the annual budget development and subsequent forecasts and engage with other executive team members in developing the annual business plan.
Deliver accurate and timely financial information, provide analysis, and prepare short- and long-term projections.
Maintain the hotel’s books and records in compliance with local tax regulations, local accounting standards, company policies, and the Uniform System of Accounts for the Lodging Industry.
Collaborate with hotel management, company leadership, and owners to optimize the hotel’s cash flows.
Manage effective relationships with the hotel’s banks, lenders, and vendors to ensure efficient hotel operations.
Implement the company’s policies and procedures and develop documented processes and procedures to adapt to the local statutory and operating environment.
Maintain an effective and efficient internal control environment that minimizes business, fraud, and financial reporting risks.
Deal honestly and fairly with clients, customers, suppliers, and financial partners. Our reputation and long-term success depend on establishing mutually beneficial relationships.
Take responsibility for the professional development of all Hotel finance team members. This includes identifying training needs and supporting the funding of necessary training.
Maintain an awareness of and adherence to all applicable laws, rules, and regulations.
Ensure safe and proper storage and access for all contracts, leases, and other financial records.
Ensure the timely and accurate preparation of statutory reporting requirements and submission of required tax filings and/or payments.
Work collaboratively with other executive team members to drive financial performance and operational efficiencies.
Qualifications
Bachelor’s degree in Accounting, Finance, or a related discipline.
Prior experience as a hotel property finance leader. Excellent understanding of the Uniform System of Accounts for the Lodging Industry. Possess a high level of proficiency in Microsoft Office Suite and accounting software including pivot tables, filters, conditional formatting, text-to-columns, and advanced formulae, including
SUBTOTAL, SUMPRODUCT, SUMIF, NPV, IRR, VLOOKUP, XLOOKUP, IF, MAX, MIN, LEFT, RIGHT, MID, TEXTAFTER, TEXTBEFORE.
Ability to assemble, analyze, and understand integrated spreadsheets and complex technical information.
Deep experience with hotel financial reporting systems, policies and procedures, and management agreements Strong qualitative and quantitative analytical skills; ability to take large volumes of complex information and present it in a clear and concise manner to senior management and owners Experience with operating and financial agreements; demonstrated success in evaluating risks and developing proactive strategies and plans to mitigate business issues Experience managing Home Owner Associations and residential revenue share agreements, as applicable to the position’s location.