Director of Finance

About Us

The Sheraton Pentagon City is an upscale hotel located in Arlington, offering stunning views of the Washington, D.C. monuments and situated just one mile from Arlington National Cemetery. At Sheraton Pentagon City, we go above and beyond to help you do the same. We foster a fun and collaborative culture, ensuring our associates can perform at their best. Our team enjoys hotel discounts, wellness initiatives, and a competitive benefits package, including tuition reimbursement and access to an Employee Assistance Program.

We value U.S. military experience and invite all qualified military candidates to apply.

Salary Range: $ - $ Annually

Tipped/Service Charge Eligible? No

Discretionary Performance Bonus Eligible? Yes

Supervises and directs the financial activities of the hotel, safeguards the assets, and prepares all financial reports in accordance with generally accepted accounting principles and HEI Hotels and Resorts Standards. The Sheraton Pentagon City Hotel is seeking an experienced, strategic, and hands‑on Director of Finance to join our Executive Leadership Team. This is an exciting opportunity to serve as a key business partner during an important period of transformation for the hotel.

As the property moves through a full renovation and into its next chapter, the Director of Finance will play a critical role in strengthening financial performance, improving operational efficiencies, and supporting sound business decisions across the organization. The ideal candidate is more than an accounting leader—they are a business‑mindset operator who understands how financial strategy, operational execution, and strong leadership come together to drive hotel performance.

Executive Committee Responsibilities

• Ability to perform special financial analysis as needed and /or requested by General Manager and Corporate Office.
• Provide accurate financial reporting based on the HMA requirements.
• Provide timely and accurate communication with ownership group.
• Practical solutions from a cost vs. benefits viewpoint.
• Provide accurate policy interpretations.
• Actively participate in Executive Committee and staff meetings.
• Assist other managers in analyzing statements, distributions, and other financial data.
• Support and comply with property standards and Corporate SOP's.

Financial and Accounting Practices, Procedures, and Policies

• Skill in correcting deficiencies identified on Internal Audit report.
• Effective use of the Controller's Checklist.
• Maintain effective cash control system with audits and reports for each period.
• Review security over assets and auditing inventories.
• Understanding of all pertinent leases, contracts, agreements, covenants, and restrictions.
• Knowledge of City, County, State sales tax laws and laws dealing with innkeepers, liquor, and labor.

Budget Preparation Schedule and coordinate the preparation and presentation of the annual operating budget.

• Coordinate all aspects of the capital expenditures budget according to SOP.
• Capital Expenditure Control Control the Capital Expenditure program and complete ROI Analysis.

Financial Objectives

• Complete entries required for preparation of the financial statements.
• Review statements for inaccurate data and make corrections within the following period.
• Inform the General Manager and HEI Corporate management of current and potential financial problems.
• Keep management informed of sales and profit attainment throughout the period.
• Coordinate the property's labor management system.

Accounts Receivable

• Maintain appropriate standards for 60-90 day accounts.
• Conform to standards regarding the average collection period.
• Documenting the local credit policy and auditing property compliances.
• Approve all major accounts for credit as defined by local policy.
• Conduct credit and write-off meetings as requested.
• Submit accurate and timely critiques and credit loss reports as required.
• Review all major banquet functions and group accounts for proper credit extensions prior to arrival.
• Maintain standard regarding level of bad debt expenses as related to credit sales.
• Aggressively fulfill the accounts receivable management responsibilities to maximize receivable realizations.

Responses to Corporate Staff

• Complete financial required reports and requests from HEI Corporate offices.
• Establish other reports or documents, outside of SOP's as needed.

Balances in Asset and Liability Accounts

• Reconcile account balances on a current basis.
• Establish balances in accruals,…